Ontario News

TORONTO — The U.S. Department of Justice says a former TD Bank Group employee has been arrested and charged for allegedly facilitating money laundering at the bank.

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OTTAWA — The Bank of Canada cut its key policy rate by 50 basis points on Wednesday to take it to 3.25 per cent. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 3.

TORONTO — Roots Corp.'s chief financial officer says holiday shopping is in full swing but it's too early to tell whether the company's busiest sales period will be impacted by the shorter span between Black Friday and Christmas Eve.

TORONTO — Ontario long-term care homes could soon have nurse practitioners overseeing residents' medical care instead of physicians, a move applauded by nurses and the homes but not supported by doctors.

TORONTO — The Toronto Blues have acquired all-star second baseman Andres Gimenez and right-handed pitcher Nick Sandlin in a Tuesday deal with the Cleveland Guardians.

TORONTO — When Geoffrey Hinton strode across the Stockholm Concert Hall stage Tuesday to receive his Nobel Prize for physics from King Carl XVI Gustaf of Sweden, he was beaming.

TORONTO — Many kids and teens are looking forward to the holidays with great excitement, but others find it a difficult time of year filled with anxiety, stress and loneliness.

TORONTO — The Toronto Raptors will have to recreate Scottie Barnes in the aggregate. Barnes was wearing an air cast boot and walking with a cane at Raptors practice on Tuesday morning at Scotiabank Arena.

TORONTO — Canada's main stock index lost more than 100 points Tuesday ahead of an expected interest rate cut Wednesday, while U.S. markets were also down. The S&P/TSX composite index closed down 121.09 points at 25,504.33.