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TORONTO — Canada’s main stock index ticked higher in late-morning trading Tuesday, while U.S. markets also rose. The S&P/TSX composite index was up 45.78 points at 21,988.06. In New York, the Dow Jones industrial average was up 94.82 points at 39,408.46. The S&P 500 index was up 14.77 points at 5,232.96,while the Nasdaq composite was […]

TORONTO — More than 400 Art Gallery of Ontario employees are on strike, after union members voted to reject the museum’s latest contract offer.  The Ontario Public Service Employees Union says in a statement that the offer failed to address key issues such as wage increases, protections for part-time workers and contracting out positions.  The […]

TORONTO — Canada Goose Holdings Inc. says it is laying off 17 per cent of its global corporate workforce. In a LinkedIn note from CEO Dani Reiss, the luxury parka maker says the job cuts are meant to put the company in a better position for scaling. He says the Toronto-based business will now be […]

TORONTO — Finance tips and advice that worked decades ago aren’t always relevant in today’s day and age. Still, well-meaning friends and family often recycle the same information for younger generations — only for them to find out the hard way the advice might be inaccurate.  Financial experts say they encounter myths every day in […]

NIAGARA FALLS, Ont. — Ontario says two more beluga whales have died at Marineland. The Ministry of the Solicitor General says the Niagara Falls, Ont., park informed it the two died some time this month. The province did not say how the whales died. Sixteen beluga whales and one killer whale have died at the […]

TORONTO — Smith Financial Corp. is merging a pair of its portfolio companies, Fairstone Bank of Canada and Home Trust Co., in a move they say will create the leading alternative lender in Canada. Smith financial founder and CEO Stephen Smith says the combination is characterized by a strong cultural fit and complementary strengths. Fairstone […]

TORONTO — It’s budget day in Ontario, and the finance minister is set to present his plan to bolster the economy ahead of an expected slowdown, while also trying to ease the rising cost of living. Finance Minister Peter Bethlenfalvy says his budget takes a “prudent and responsible” approach to the province’s finances, and will […]

TORONTO — The Toronto Raptors season took another turn for the worse as backup centre Jontay Porter became the subject of a gambling investigation.  Raptors head coach Darko Rajakovic confirmed late Monday that Porter is the subject of an NBA investigation into irregularities on prop betting involving him. Rajakovic said the allegations “caught him off […]

TORONTO (AP) — Dennis Schroder scored 19 points against his former team, Trendon Watford had 11 of his season-high 19 points in the second quarter and the Brooklyn Nets snapped a six-game losing streak by beating the short-handed Toronto Raptors 96-88 on Monday night. Mikal Bridges scored 13 points and Jalen Wilson added 12 as […]

TORONTO — Dennis Schroder had 19 points, seven assists and five rebounds to lead the Brooklyn Nets past Toronto 96-88 on Monday as the Raptors found themselves mired in a gambling investigation. It was Schroder’s first game back in Toronto after being traded to the Nets ahead of the NBA trade deadline on Feb. 8. […]