York Region
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TORONTO — A lawyer for Red Lobster Canada, Inc. says he will ask an Ontario court today to recognize and enforce the chain’s U.S. bankruptcy protection proceedings, a process which documents show could include selling Canadian assets. Linc Rogers told The Canadian Press in an email that he would make an application to the Ontario […]
OTTAWA — The national spy watchdog says the Canadian Security Intelligence Service and Public Safety Canada lacked a system for tracking who received and read specific intelligence on foreign interference, creating “unacceptable gaps in accountability.” In a report made public late today, the National Security and Intelligence Review Agency also says CSIS’s dissemination of intelligence […]
TORONTO — Postmedia Network Canada Corp. says it has signed a deal to sell the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News newspapers to the Klein Group Ltd. Included in the transaction is Postmedia’s Winnipeg commercial print division, all associated digital properties, contracts and other related parts of the businesses. Financial terms […]
OTTAWA — Four university presidents conceded to members of Parliament today that antisemitism is a problem on their campuses. MPs questioned the presidents of the University of Toronto, McGill University, Concordia University and the University of British Columbia about their codes of conduct, responses to pro-Palestinian encampments and efforts to include Jewish students in equity, […]
TORONTO — Canada’s main stock index posted a small gain Monday, helped by strength in energy and industrial stocks. The S&P/TSX composite index closed up 52.51 points at 22,373.38. U.S. stock markets were closed for the Memorial Day holiday. The Canadian dollar traded for 73.34 cents US compared with 73.14 cents US on Friday. Commodity […]
TORONTO — Students and staff at a Toronto Jewish girls school that was the target of a shooting over the weekend are shaken but undeterred, the principal said Monday as police continue to investigate the incident. Rabbi Yaacov Vidal of the Bais Chaya Mushka Elementary School said some students were apprehensive about attending classes on […]
Police in Peel Region say they’ve arrested 16 people as part of an auto-theft investigation that has resulted in the recovery of 369 stolen vehicles. Police say they’ve laid a total of 322 charges so far and have issued arrest warrants for 10 more people. They say the seven-month investigation, called Project Odyssey, recovered 255 […]
OTTAWA — A new report finds that Canadians feel both “optimism and concern” over the prospect of flying cars and drones whizzing between remote communities and above city blocks. The Léger study commissioned by Transport Canada says residents hold a broadly positive attitude toward so-called advanced air mobility, which refers to both drones and electric […]
TORONTO — Shareholders of Indigo Books and Music Inc. voted on Monday to approve a deal that will take the retailer private. Here is a look back at some of the memorable moments from its history. 1996: Heather Reisman, a Montreal native who co-founded Paradigm Consulting and had a brief stint at beverage company Cott […]
TORONTO — Indigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company. Shareholders voted Monday in favour of a $2.50 per share offer from Trilogy Retail Holdings Inc. and Trilogy Investments L.P., which have a 56 per cent stake in Indigo and are owned […]