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TORONTO — Hudson’s Bay Co. has announced a deal to buy luxury department store rival Neiman Marcus for US$2.65 billion. News of the deal follows months of speculation that HBC would buy the chain, whose website lists 36 U.S. locations selling designer apparel, accessories and housewares. HBC says the plan includes spinning off Neiman Marcus […]

TORONTO — An arbitrator has reinstated the CFL’s indefinite suspension of Montreal Alouettes defensive lineman Shawn Lemon for gambling on sports. The CFL said in a statement Lemon will remain suspended until after an arbitration hearing which has been rescheduled for Aug. 1-2. The league suspended Lemon indefinitely April 24 for allegedly betting on games, […]

TORONTO (AP) — Blue Jays shortstop Bo Bichette was scratched from the lineup for Thursday afternoon’s game against Houston because of a right forearm contusion. The two-time All-Star and two-time AL hit leader struck out on a pitch that hit him in the ninth inning of Wednesday’s 9-2 loss. Bichette couldn’t hold up on a […]

TORONTO — A large Toronto child-care operator is rolling back raises for staff, laying the blame on how the Ontario government is funding the national $10-a-day program. The Learning Enrichment Foundation, which has 25 centres across the city, told parents in a recent letter that it had made the difficult decision to reduce pay because […]

MISSISSAUGA, Ont. — Peel police say two officers were injured during the late-night arrest of a Toronto drug squad officer who is facing impaired driving and drug possession charges. Peel regional police say officers responded just before 2 a.m. Tuesday to a call about a possible impaired driver in Mississauga, Ont. When officers tried to […]

MISSISSAUGA, Ont. — Non-prime lender Goeasy Ltd. says its CEO Jason Mullins will step down from the role at the end of the year. The alternative lender says Mullins, who has been at the company for 14 years, will stay on as a director and will also help in the search for his successor. The […]

TORONTO — The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut. The board said 6,213 homes changed hands in the month compared with 7,429 in June of last […]

TORONTO — Canada’s main stock market was up in late-morning trading, helped higher by strength in the telecom, utility and energy sectors. The S&P/TSX composite index was up 25.96 points at 22,249.63. The increase came asU.S. stock markets closed for the July 4 holiday. The Canadian dollar traded for 73.46 cents US compared with 73.33 […]

TORONTO — Canada has been allocated a second spot in the women’s individual 10-metre diving event at the Paris Olympics. Diving Canada announced Thursday that Kate Miller will dive in the event, along with Caeli McKay. Miller, from Ottawa, earned the spot by finishing second behind McKay in the 10m event at the Canadian Diving […]

OTTAWA — The parliamentary budget officer estimates that staffing up the new regulators in the Liberals’ Online Harms Act will cost around $200 million over five years. The federal government wants to establish a Digital Safety Commission to regulate social-media companies and force them to limit harmful content online. If the government legislation passes in […]