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Author: The Canadian Press

Page: 5

TORONTO — Canada’s main stock index edged lower Tuesday, led by weakness in energy stocks, while U.S. markets rose and the Nasdaq posted a new record high. The S&P/TSX composite index closed down 15.83 points at 22,243.34. In New York, the Dow Jones industrial average was up 126.60 points at 39,558.11. The S&P 500 index […]

TORONTO — Canadians who applied to be part of a class action lawsuit against LifeLabs Inc. are now receiving cheques and e-transfers. KPMG, which is administering the claims, says on the class action website that more than 900,000 valid claims were received. Given the large number of valid claims, KPMG says claimants will receive an […]

TORONTO — Drake and Kendrick Lamar’s rap beef held a tight grip on social media last week, but neither star could turn the attention into a No. 1 hit on the Canadian pop charts. Instead, they were outshone by a Nigerian-American singer named Shaboozey whose TikTok smash “A Bar Song (Tipsy)” held the top spot […]

TORONTO — The second phase of renovations at Toronto’s Scotiabank Arena has begun. Keith Pelley, president and CEO of Maple Leaf Sport and Entertainment, did a ceremonial groundbreaking at the downtown arena this morning. Construction could not begin until the NHL’s Maple Leafs and NBA’s Raptors, the venue’s primary occupants, had finished their seasons. This […]

Toronto’s mayor says she decided to not attend a City Hall ceremony marking Israel’s national day because an Israeli flag-raising ceremony is currently “divisive.” Olivia Chow says that the ongoing war in Gaza is causing “deep pain” for many in Toronto, emotions are running high and it is important to show empathy for those impacted […]

PORT COLBORNE, Ont. — A Japanese company has announced it will build an approximately $1.6-billion plant in Ontario’s Niagara Region that will make a key electric vehicle battery component as part of Honda’s supply chain in the province. Honda announced recently that it is building an electric vehicle battery plant next to its Alliston, Ont., […]

The sexual assault case of five former members of Canada’s world junior hockey team is set to return to a London, Ont., court next month. A hearing has been scheduled for June 11 in the case of Dillon Dube, Carter Hart, Michael McLeod, Cal Foote and Alex Formenton in order to set dates for trial […]

CLARENCE-ROCKLAND, ONT. — Police say a community in eastern Ontario is shaken after an 11-year-old boy riding his bike was killed in a collision with a school bus.  Ontario Provincial Police say the boy died in hospital after the crash near a Clarence-Rockland elementary school around 3:30 p.m. Monday.  Const. Sydney Jones says it was […]

TORONTO — Canada’s main stock index was down in late-morning trading, weighed down by losses in the utility and energy sectors, while U.S. stock markets climbed higher. The S&P/TSX composite index was down 22.05 points at 22,237.12. In New York, the Dow Jones industrial average was up 16.74 points at 39,448.25. The S&P 500 index […]

TORONTO — Hydro One Ltd. raised its quarterly dividend as it reported its first-quarter profit rose compared with a year earlier, helped by higher revenue. The power utility says it will pay a quarterly dividend of 31.42 cents per share, up from 29.64 cents per share. The increased payment to shareholders came as Hydro One […]