News

TORONTO — Toronto-Dominion Bank is facing fines totalling about US$3.09 billion from U.S. regulators in connection with failures of its anti-money laundering safeguards. The bank also received a cease-and-desist order and non-financial sanctions from the Office of the Comptroller of the Currency that put limits on its growth in the U.S. after it was found […]

OTTAWA — Former public safety minister Marco Mendicino says he is very worried the public conversation about some parliamentarians being complicit in foreign interference is becoming a “kangaroo court.” Mendicino said at a federal inquiry into foreign meddling today that it’s important to follow due process under the law before leaping to conclusions about the […]

OTTAWA — Bloc Québécois Leader Yves-François Blanchet and MPs from several other parties were on Parliament Hill Thursday to call for the Senate to pass a Bloc bill on supply management. The private member’s bill seeks to protect Canada’s supply management system during international trade negotiations. The dairy, egg and poultry sectors are all supply […]

TORONTO — Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher. The S&P/TSX composite index was up 0.05 of a point at 24,224.95. In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index […]

TORONTO — The 2024 Grey Cup will be broadcast south of the border by CBS Sports Network. The CFL’s championship game will be held Nov. 17 at B.C. Place Stadium in Vancouver. CBS Sports Network is an American digital cable and satellite television network. It is owned by the CBS Entertainment Group unit of Paramount […]

TORONTO — The 2024 Grey Cup will be broadcast south of the border by CBS Sports Network. The CFL’s championship game will be held Nov. 17 at B.C. Place Stadium in Vancouver. CBS Sports Network is an American digital cable and satellite television network. It is owned by the CBS Entertainment Group unit of Paramount […]

OTTAWA — In a story on Oct. 9 about Canada donating another $15 million in aid for Lebanon relief efforts, The Canadian Press erroneously reported that the federal government would match donations to the Humanitarian Coalition’s campaign until Nov. 23. In fact, the donation-matching campaign runs until Nov. 3. The Canadian Press

TORONTO — Shares of Toronto-Dominion Bank were down in early trading following reports the bank is nearing a settlement with U.S. regulators regarding failures of its anti-money laundering safeguards. Multiple media reports said the bank will pay billions in financial penalties as well as face non-financial sanctions that will put limits on its growth in […]

TORONTO — Toronto city council is granting the island airport a lease extension that would keep the hub open for at least another two decades. In a 17-8 vote on Wednesday, councillors passed a motion by Mayor Olivia Chow that could see the agreement governing Billy Bishop airport expire as late as 2045, up to […]

LEAMINGTON, Ont. — Cannabis company Tilray Brands Inc. reported a loss of US$34.7 million in its first quarter, compared with a loss of US$55.9 million in the same quarter last year, as its net revenue rose 13 per cent. The company, which keeps its books in U.S. dollars, says the loss amounted to four cents […]