News

TORONTO — Private equity firm Reichmann Segal Capital Partners says it has acquired Athletica Sport Systems Inc., a maker of boards and other equipment used for hockey rinks. Terms of the transaction were not disclosed. Athletica is the preferred rink equipment supplier to the National Hockey League and the American Hockey League. Toronto-based Reichmann Segal […]

TORONTO — The Bank of Nova Scotia reported its second-quarter profit fell compared with a year ago as it set aside more money for loan losses. The bank says its net income fell to $2.09 billion or $1.57 per diluted share for the quarter ended April 30, down from $2.15 billion or $1.68 per diluted […]

The University of Toronto is asking the courts to authorize police action to remove protesters who refuse orders to leave a pro-Palestinian encampment set up on campus earlier this month. The university has filed a notice of motion in court aimed at bringing about an end to the demonstration while saying the encampment was causing […]

TORONTO — A lawyer for Red Lobster Canada, Inc. says he will ask an Ontario court today to recognize and enforce the chain’s U.S. bankruptcy protection proceedings, a process which documents show could include selling Canadian assets. Linc Rogers told The Canadian Press in an email that he would make an application to the Ontario […]

OTTAWA — The national spy watchdog says the Canadian Security Intelligence Service and Public Safety Canada lacked a system for tracking who received and read specific intelligence on foreign interference, creating “unacceptable gaps in accountability.” In a report made public late today, the National Security and Intelligence Review Agency also says CSIS’s dissemination of intelligence […]

TORONTO — Postmedia Network Canada Corp. says it has signed a deal to sell the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News newspapers to the Klein Group Ltd. Included in the transaction is Postmedia’s Winnipeg commercial print division, all associated digital properties, contracts and other related parts of the businesses. Financial terms […]

OTTAWA — Four university presidents conceded to members of Parliament today that antisemitism is a problem on their campuses. MPs questioned the presidents of the University of Toronto, McGill University, Concordia University and the University of British Columbia about their codes of conduct, responses to pro-Palestinian encampments and efforts to include Jewish students in equity, […]

TORONTO — Canada’s main stock index posted a small gain Monday, helped by strength in energy and industrial stocks. The S&P/TSX composite index closed up 52.51 points at 22,373.38. U.S. stock markets were closed for the Memorial Day holiday. The Canadian dollar traded for 73.34 cents US compared with 73.14 cents US on Friday. Commodity […]

TORONTO — Students and staff at a Toronto Jewish girls school that was the target of a shooting over the weekend are shaken but undeterred, the principal said Monday as police continue to investigate the incident. Rabbi Yaacov Vidal of the Bais Chaya Mushka Elementary School said some students were apprehensive about attending classes on […]

Police in Peel Region say they’ve arrested 16 people as part of an auto-theft investigation that has resulted in the recovery of 369 stolen vehicles. Police say they’ve laid a total of 322 charges so far and have issued arrest warrants for 10 more people. They say the seven-month investigation, called Project Odyssey, recovered 255 […]