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105.9 The Region

Page: 497

TORONTO — Canada’s main stock index was down more than 100 points in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets also fell. The S&P/TSX composite index was down 148.95 points at 24,900.72. In New York, the Dow Jones industrial average was down 230.20 points at 43,520.66. The S&P […]

TORONTO — Taylor Swift fans eager to score a last-minute ticket should be on alert for scams run by “well-organized” fraudsters. The Canadian Anti-Fraud Centre says the number of reports of people being ripped off this year trying to see the artist has now climbed to 190. Spokesperson Lisanne Roy Beauchamp says most victims are […]

TORONTO — Canadian Tire Corp. Ltd. has signed a deal to sell an industrial property in the Greater Toronto Area for $258 million. The company says the property in Brampton, Ont., includes 1.5 million square feet of industrial real estate that is no longer needed as a result of supply chain investments and consolidation in […]

Ontario plans to ban registered sex offenders from changing their names. Solicitor General Michael Kerzner says those who are on the provincial sex offender registry will no longer be allowed to legally change their name once new legislation is passed. Kerzner says his government’s planned changes to Christopher’s Law would also require registered sex offenders […]

TORONTO — The Canada Pension Plan Investment Board says its fund earned a net return of 3.6 per cent in its second quarter. CPP Investments chief executive John Graham says despite heightened volatility during the quarter, the fund’s diversified portfolio delivered stable returns, with positive performance across asset classes and geographies. The pension fund says […]

OTTAWA — Canada Post workers are on strike Friday after failing to reach a negotiated agreement with their employer. Canadian Union of Postal Workers said approximately 55,000 workers are striking, claiming little progress has been made in the bargaining process. It comes just ahead of the busy holiday season and on the heels of labour […]

OTTAWA — The federal government is giving an inquiry into foreign interference an extra month to complete its work. Commissioner Marie-Josée Hogue’s final report is now due by the end of January, a month later than expected. In a statement, Democratic Institutions Minister Dominic LeBlanc said Hogue had written to the Privy Council Office to […]

OTTAWA — The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the market’s holding pattern that the association has previously described. On a seasonally adjusted month-over-month basis, national home sales rose 7.7 per cent from September. The association […]

OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain rose 0.8 per cent to $82.3 billion in September. The increase came as sales rose in five of the seven subsectors with the motor vehicle and motor vehicle parts and accessories subsector up two per cent […]

BRAMPTON, Ont. — MDA Space Ltd. reported $29.5 million in third-quarter net income, up from $9.3 million in the same quarter last year, as its revenue rose by nearly 40 per cent compared with a year ago. The space technology company says the profit amounted to 24 cents per diluted share for the quarter ended […]