News

TORONTO — Ontario students will soon be required to pass a financial literacy test as part of a number of changes coming to the requirements needed to earn a high school diploma. Education Minister Stephen Lecce says students will learn home economics such as managing a household budget and how to protect themselves against financial […]

TORONTO — BMO says it is working to restore online banking services for customers after a technical problem overnight. The bank says it was experiencing a service disruption due to a false fire alarm at one of its data centres. It says customers can get updates and continue to access their accounts through the bank’s […]

TORONTO — Royal Bank of Canada raised its dividend as it reported its second-quarter profit rose compared with a year ago, helped by record earnings in its capital markets business. The bank says it will now pay a quarterly dividend of $1.42 per share, an increase of four cents. It also says it plans to […]

TORONTO — CIBC reported a second-quarter profit of $1.75 billion, up from $1.69 billion in the same quarter last year. The bank says the profit amounted to $1.79 per diluted share for the quarter ended April 30, up from $1.76 per diluted share in the same quarter a year earlier. Revenue totalled $6.16 billion in […]

TORONTO — A new study finds fewer Canadians say they’re interested in buying an electric vehicle as concerns remain about limited driving ranges, high prices and a lack of charging stations. The J.D. Power survey shows 11 per cent of respondents said they were “very likely” to buy an EV as their next car, down […]

HAMILTON — Nick Taylor begins the defence of his RBC Canadian Open title this morning. The product of Abbotsford, B.C., was the first Canadian to win the men’s golf national championship in 69 years when he won a four-hole playoff in 2023. He’s in a group with Northern Ireland’s Rory McIlroy and Taylor Pendrith of […]

TORONTO — The Canadian Championship semifinal draw produced a pair of provincial rivalry matchups with Toronto FC playing Canadian Premier League title-holder Forge FC and the defending champion Vancouver Whitecaps facing the CPL’s Pacific FC. The draw for the two-legged semifinals was made Wednesday night at halftime of Pacific’s 2-1 win over Atletico Ottawa in […]

TORONTO — The University of Toronto’s request for a court order to clear a pro-Palestinian encampment on its downtown campus is expected to be heard in three weeks. Ontario Superior Court Justice Markus Koehnen has set a timetable that lists June 19 and 20 as the injunction hearing dates. The judge acknowledges in a court […]

TORONTO — “Little Bird” was the big winner at a pair of industry galas for the Canadian Screen Awards on Wednesday that recognized excellence in TV. The limited series that aired on Crave and APTN took home 11 trophies at the afternoon and evening galas, which were focused on craft and television programs and performances. […]

TORONTO — Workers at a Nestle plant in Toronto have ratified a new contract after a strike that lasted more than three weeks. Unifor says the 461 workers at the plant, which produces Kit Kat, Aero and Coffee Crisp bars, as well as Smarties, made significant gains on wages, pensions and health benefits. The workers […]