105.9 The Region

TORONTO — Open Text Corp. reported a first-quarter profit of US$84.4 million, up from US$80.9 million a year earlier, as its revenue fell 11 per cent following the sale of its AMC business to Rocket Software. The business software company, which keeps its books in U.S. dollars, says its profit amounted to 32 cents US […]

TORONTO — A coalition of prominent health institutions says Premier Doug Ford’s government has no strategy to mitigate problems that could result from the province’s newly liberalized alcohol sales rules, warning that more death, cancer diagnoses and emergency department strains may occur. The coalition, which includes the Canadian Mental Health Association, the Canadian Public Health […]

OTTAWA — Five things to think about if you’re considering gifting money to your child to help buy a home: Mortgage insurance If you can help your child get to the 20 per cent threshold for their down payment, it will save them the cost of mortgage default insurance. The premiums are calculated based on […]

OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers. That’s why a growing number of parents look to help by gifting cash. Natalie […]

TORONTO — Sarah McLachlan is postponing her Canadian tour as she recovers from acute laryngitis. The singer-songwriter wrote on social media that her voice is “not recovering” and she needs to take time to heal. She had been set to begin the Canadian leg of the Fumbling Towards Ecstasy 30th Anniversary Tour, which celebrates her […]

Police say eight people were injured and a has been arrested after a collision involving a pick-up truck and a Toronto Transit Commission bus in North York. Toronto police say officers responded to the crash in the Yonge Street and Finch Avenue area at 4:20 a.m. on Thursday morning. They say eight people were injured, […]

TORONTO — Aimia Inc. has signed a deal to settle its dispute with Mithaq Capital SPC, its largest shareholder, that will see the appointment of two Mithaq nominees to its board of directors. The company has also agreed to pay Mithaq US$1.5 million as reimbursement for third-party fees, costs, and expenses it incurred in connection […]

OTTAWA — Statistics Canada says the Canadian economy remained flat in August, while its preliminary estimate points to an annualized growth rate of one per cent for the third quarter. More coming. Nojoud Al Mallees, The Canadian Press

York Regional Police say they notified the Special Investigations Unit after a suspect died following an interaction with police officers in Aurora Wednesday night. Police responded to reports of an ongoing break-and-enter in the St. John’s Side Road and Bayview Avenue area before 8 p.m. The officers were immediately confronted by a male suspect on […]

VANCOUVER — Taylor Swift fan Kelly Hall was elated when she beat the odds and was allocated three coveted tickets for The Eras Tour in Vancouver. Then she started looking for a hotel. Hall, who lives in Oshawa, Ont., planned to fly to Vancouver with her husband and a friend for the weekend of the […]