105.9 The Region
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TORONTO — Hudbay Minerals Inc. reported a net loss attributable to owners of US$16.6 million in its latest quarter as its revenue rose by more than 35 per cent compared with a year ago. The mining company, which keeps its books in U.S. dollars, says the loss amounted to five cents per share for the […]
TORONTO (AP) — TORONTO (AP) — OrganiGram Holdings Inc. (OGI) on Tuesday reported fiscal third-quarter earnings of $2.1 million. On a per-share basis, the Toronto-based company said it had net income of 2 cents. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss […]
TORONTO (AP) — Jessica Pegula, the No. 3 seed and the sixth-ranked WTA Tour player, defended her National Bank Open women’s singles title by defeating Amanda Anisimova 6-3, 2-6, 6-1 in Monday’s all-American final. Pegula, from nearby Buffalo, New York, won last year’s National Bank Open in Montreal and improved her all-time record at the […]
OTTAWA — Human-caused climate change is making heat waves much more likely, the federal government says, bringing extreme weather from fires to storms. That’s according to Environment and Climate Change Canada’s rapid extreme weather event attribution system, which compares today’s climate to a pre-industrial one. Natural Resources Minister Jonathan Wilkinson says there will be more […]
TORONTO — Scotiabank has signed a deal to buy a minority stake in U.S. bank KeyCorp as it works to focus on the North American market. The Canadian bank said Monday it will pay a total of about US$2.8 billion for a 14.9 per cent stake in the company in two stages. The deal significantly […]
TORONTO — The Toronto Zoo says one of its moose has been euthanized after its health deteriorated over several months. The zoo says the moose, named Trilly, died last week at the age of 11, which it says is beyond the life expectancy of moose in human care. The organization says Trilly was “quite thin” […]
OTTAWA — The recently appointed chief commissioner of the Canadian Human Rights Commission says he has agreed to resign today after an investigation into comments he made in the past related to Israel. The justice minister launched an investigation after Canadian Jewish organizations raised concerns about Birju Dattani’s past activities. Dattani has previously denied allegations […]
NAPANEE, Ont. — Goodyear Canada is planning to spend more than $575 million to expand and modernize an eastern Ontario plant to produce electric vehicle and all-terrain tires and make its processes more energy efficient. Prime Minister Justin Trudeau and Premier Doug Ford were on hand for an announcement Monday at the factory in Napanee, […]
TORONTO — Tapestry Community Capital says housing groups across Canada are aiming to raise $110 million through community bonds to secure affordable living options. It says at least 11 charitable, non-profit, and co-operative housing providers will be using the funding model to create or preserve more than 3,000 housing units. Community bonds pay out interest […]
TORONTO — The former chief financial officer for Royal Bank of Canada is suing the bank for almost $50 million over claims of wrongful dismissal. RBC announced on April 5 it had fired Nadine Ahn after an internal review found evidence she was in an “undisclosed close personal relationship” with another employee who received preferential […]