105.9 The Region

TORONTO — RBC shrugged off the effects of a softening Canadian economy to report a profit of $4.22 billion in the fourth quarter and $16.2 billion for the year. Profits at Canada’s largest company were up seven per cent in the quarter from last year, boosted in part by the acquisition of HSBC Canada, while […]

TORONTO — Canada’s main stock index edged higher in late-morning trading, helped by strength in the technology sector, while U.S. stock markets also rose. The S&P/TSX composite index was up 18.18 points at 25,653.91. In New York, the Dow Jones industrial average was up 252.36 points at 44,957.89. The S&P 500 index was up 24.27 […]

TORONTO — Greater Toronto home sales jumped again last month on a year-over-year basis, with one real estate expert saying the most recent interest rate cut in October was enough to start luring buyers back into the market. The Toronto Regional Real Estate Board said 5,875 homes were sold in November throughout the Greater Toronto […]

OTTAWA — Justice Minister Arif Virani says the Liberal government will split up its contentious online harms bill, putting a priority on passing measures to fight child sex predators. Virani says the move will create an opening for a swath of the bill’s measures to swiftly pass through the House of Commons before the next […]

Environment Canada has issued a weather statement for parts of southern Ontario, saying up to five centimetres of snow accumulation is possible in some areas, with Toronto getting its first snowfall of the winter. The weather agency says a winter weather advisory is in effect for areas including the Greater Toronto Area, Hamilton and Niagara […]

SARNIA, Ont. — Sarnia police say a 22-year-old international student is dead and a man has been charged with murder following an alleged stabbing over the weekend. Police say they were called to a home in the city’s west end for a report of a stabbing just before 5 a.m. on Sunday. They say when […]

TORONTO — Royal Bank of Canada raised its dividend as it reported a fourth-quarter profit of $4.22 billion, up from $3.94 billion in the same quarter last year. The bank says it will now pay a quarterly dividend of $1.48 per share, up from $1.42 per share. The increased payment to shareholders came as RBC […]

TORONTO — Greater Toronto home sales jumped again last month on a year-over-year basis, as the Toronto Regional Real Estate Board says lower borrowing costs made properties more affordable for buyers. The board says 5,875 homes were sold in November throughout the Greater Toronto Area, up 40.1 per cent compared with 4,194 in the same […]

OTTAWA — The business community is ramping up pressure on the federal government to intervene in the ongoing Canada Post strike, which is on its 20th day. The Retail Council of Canada said Tuesday that the strike by more than 55,000 workers countrywide is putting businesses and their employees in jeopardy. The federal government has […]

TORONTO — The average number of letters people receive has dropped significantly over the years — down to just two per week compared to seven per week 20 years ago, according to Canada Post. Nevertheless, when you do get the odd envelope, it’s likely for a good reason: a government notice, bank update or other […]