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Ontario News

TSX moves lower Wednesday, U.S. stock markets continue to pare back from record highs

TSX moves lower Wednesday, U.S. stock markets continue to pare back from record highs

TORONTO — Canada's main index moved lower Wednesday, led by weakness in base metals, while U.S. markets also continued to move down from last week's highs. U.S.
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Major League Soccer fines three Toronto FC players for actions in season opener

Major League Soccer fines three Toronto FC players for actions in season opener

TORONTO — Major League Soccer has fined Toronto FC midfielder Richie Laryea and forwards Federico Bernardeschi and Lorenzo Insigne an undisclosed amount "for inciting and/or escalating a mass confrontation" in Sunday's season opener at FC Cincinnati.
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Ontario's top court upholds life sentences for Eaton Centre shooter

Ontario's top court upholds life sentences for Eaton Centre shooter

TORONTO — Ontario's top court has upheld the life sentences for a man who opened fire in the food court of Toronto's crowded Eaton Centre mall in 2012, a shooting that killed two men and injured several other people, including a 13-year-old boy who w
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Public Health Ontario staff awarded retroactive pay as Bill 124 compensation

Public Health Ontario staff awarded retroactive pay as Bill 124 compensation

TORONTO — Employees of Public Health Ontario labs are set to receive an additional 5.25 per cent in pay increases to compensate for a provincial wage restraint law that was found unconstitutional and has now been repealed.
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Former world junior hockey players charged with sexual assault choose jury trial

Former world junior hockey players charged with sexual assault choose jury trial

LONDON, Ont. — Five former members of Canada's world junior hockey team who are charged with sexual assault in a 2018 incident in London, Ont., have chosen to be tried by a jury.
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RBC sets aside more money for bad loans but positioning for rate cuts

RBC sets aside more money for bad loans but positioning for rate cuts

TORONTO — Royal Bank of Canada joined its peers this quarter in setting more money aside for potentially bad loans, but the bank is also working to position itself to capture the substantial sums of money lying in wait for when economic trends shift.
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Most of Ontario under weather warnings, special statements amid cold front

Most of Ontario under weather warnings, special statements amid cold front

TORONTO — Environment Canada is warning of a sharp cold front passing through Ontario on Wednesday, saying it is expected to dramatically shift weather conditions in most parts of the province.
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Credit rating agency says new funding for Ontario universities a 'stop gap'

Credit rating agency says new funding for Ontario universities a 'stop gap'

TORONTO — Ontario's recent post-secondary funding announcement is only a "stop gap" that will still leave universities struggling, and which may end up hurting the student experience, a global credit rating agency said Wednesday.
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George Weston reports smaller Q4 loss compared with a year ago

George Weston reports smaller Q4 loss compared with a year ago

TORONTO — George Weston Ltd. reported a smaller loss in its fourth quarter compared with a year ago as its revenue edged higher. The company, which owns a majority stake in Loblaw Cos. Ltd.
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MDA reports fourth-quarter profit and revenue up from year ago

MDA reports fourth-quarter profit and revenue up from year ago

BRAMPTON, Ont. — MDA Ltd. reported a fourth-quarter profit of $13.5 million, up from $8.8 million a year earlier, as its revenue rose 10 per cent.
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