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105.9 The Region

Page: 407

TORONTO — The U.S. Department of Justice says a former TD Bank Group employee has been arrested and charged for allegedly facilitating money laundering at the bank. The arrest is the latest development in an investigation into money laundering at the bank that led to more than US$3 billion in fines against TD in a […]

OTTAWA — The Bank of Canada lowered its key interest rate by half a percentage point on Wednesday but signalled a slower pace of rate cuts moving forward. The decision marked the fifth consecutive reduction since June and brings the central bank’s key rate down to 3.25 per cent. Forecasters were widely expecting the jumbo […]

OTTAWA — The Military Police Complaints Commission is investigating the military’s handling of the case against a former general who was ousted from his high-ranking position after a sexual misconduct complaint in 2021. Lt.-Gen. Steven Whelan was head of the military’s personnel when a woman who had been his subordinate accused him of having an […]

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Author: Daniel Jaffee, Professor of Sociology, Portland State University BlueTriton — North America’s biggest bottled water firm — recently announced it will close Canada’s largest […]

TORONTO — Cyclists have launched a Charter challenge against the Ontario government over its decision to remove bike lanes on three Toronto roads. Cycle Toronto and two cyclists allege the province’s upcoming removal of bike lanes on Bloor Street, Yonge Street and University Avenue puts lives at risk. They say the bike lane removals, which […]

OTTAWA — The Bank of Canada lowered its key interest rate by half a percentage point, bringing it to 3.25 per cent. More coming. The Canadian Press

TORONTO — Clothing retailer Roots Corp. reported a third-quarter profit of $2.4 million, up from a profit of $519,000 in the same quarter last year. The company says the result amounted to six cents per diluted share for the quarter ended Nov. 2, compared with a penny per diluted share a year earlier. Sales for […]

TORONTO — Ontario long-term care homes could soon have nurse practitioners overseeing residents’ medical care instead of physicians, a move applauded by nurses and the homes but not supported by doctors. The plan to replace the requirement for homes to have a medical director, who must be a physician, with a requirement for a clinical […]

OTTAWA — The Bank of Canada is set to make its final interest rate announcement of the year this morning. Forecasters are widely expecting a half-percentage point interest rate cut. That would bring the Bank of Canada’s key rate down to 3.25 per cent. The November labour force survey solidified those expectations, as the latest […]

TORONTO — The Toronto Blues have acquired all-star second baseman Andres Gimenez and right-handed pitcher Nick Sandlin in a Tuesday deal with the Cleveland Guardians. The Jays are sending infielder Spencer Horwitz and outfielder Nick Mitchell to Cleveland. The 26-year-old Gimenez played 152 games with the Guardians in 2024, hitting .252 with 22 doubles, a […]