York Region

TORONTO — RioCan Real Estate Investment Trust says its first-quarter profit rose compared with a year ago as its revenue also climbed higher, helped by strong leasing results. The shopping centre owner says it earned $128.6 million for the quarter ended March 31, up from $118.0 million in the same quarter last year. Revenue for […]

TORONTO — Brookfield Asset Management Ltd. says it earned US$102 million in its first quarter from its stake in the asset management business it owns with Brookfield Corp. The company, which owns a 25 per cent stake in the asset management business that is 75 per cent owned by Brookfield Corp., says its net income […]

TORONTO — Sleep Country Canada Holdings Inc. reported its first-quarter profit fell compared with a year ago as its revenue edged higher. Sleep Country chief executive Stewart Schaefer says shopping patterns remained volatile as consumers continued to navigate uncertain times.  The mattress retailer says it earned $8.7 million or 26 cents per diluted share for […]

TORONTO — Recruitment and retention of doctors in Ontario is “not a major concern,” the Ministry of Health suggests in arguments it is making in arbitration with the Ontario Medical Association over physician compensation. The argument from the province comes as the OMA, which represents Ontario’s doctors, has repeatedly warned that more than two million […]

Toronto police are seeking help from the public as they continue to investigate a shooting that seriously injured a security guard outside rapper Drake’s mansion.  The shooting took place shortly after 2 a.m. Tuesday in the affluent Bridle Path neighbourhood, and police were searching for suspects who fled in a vehicle.    Police said the […]

TORONTO — Alternative lender Goeasy Ltd. says it had a record volume of credit applications in its first quarter, up 41 per cent from a year earlier. Goeasy says the jump in applications led loan originations to climb 12 per cent to $686 million for the quarter as it experienced strong performance across several categories […]

TORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 billion a year earlier. The toy and entertainment company says revenues totalled US$316.2 million, up from US$271.4 million during the same quarter last year. The acquisition of toy company Melissa & Doug added US$40.4 million […]

TORONTO — Intact Financial Corp. says it earned $673 million in the first quarter, up from $377 million a year earlier. The Toronto-based company says earnings per share were $3.68, up from $2.06 per share during the same quarter last year.  Intact says the higher earnings per share were driven by investment gains on its […]

TORONTO — Strength in energy and base metals helped Canada’s main stock index post a small gain, while U.S. markets were mixed but relatively flat.  The S&P/TSX composite index closed up 31.15 points at 22,290.62. In New York, the Dow Jones industrial average was up 31.99 points at 38,884.26. The S&P 500 index was up […]

TORONTO — Drake’s sprawling Toronto mansion was surrounded by police on Tuesday after a security guard working outside the rapper’s residence was seriously injured in an overnight shooting.  Toronto police were searching for suspects who fled in a vehicle and said it was too early to comment on a motive. Insp. Paul Krawczyk said he […]