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Ontario News
Ontario News
S&P/TSX composite down as energy and base metal stocks fall, U.S. markets also lower
TORONTO — Canada's main stock index was down more than 100 points Wednesday, weighed down by losses in base metal and energy stocks, while U.S. stock markets also moved lower ahead of after-market earnings from Nvidia.
May 22, 2024 1:45 PM
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Hot Docs to close its flagship cinema, lay off staff for three months
TORONTO — Ongoing financial uncertainty is forcing the Hot Docs Film Festival to temporarily close its flagship Toronto theatre and lay off staff for about three months, the organization said Wednesday.
May 22, 2024 12:23 PM
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Employers rethink value of employee connections in era of remote work: report
TORONTO — The rise of remote work has led to a loss of workplace social connections that is negatively affecting employees, a new report suggests.
May 22, 2024 11:54 AM
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CPP Investments earned 8% in latest fiscal year, net assets rose to $632 billion
TORONTO — Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 per cent return of its reference portfolio.
May 22, 2024 11:50 AM
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Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders
TORONTO — Shopify Inc.'s founder and chief executive Tobi Lütke has joined a group that Facebook and Instagram's parent company has set up to advise its leadership. Meta Platforms Inc.
May 22, 2024 11:37 AM
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Former head of military HR sues Armed Forces, government after misconduct case
OTTAWA — A former military leader who was accused of sexual misconduct in 2021 is suing the federal government, the Armed Forces and his accuser, claiming he was maliciously prosecuted for political reasons. Lt.-Gen.
May 22, 2024 10:32 AM
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Mortgage lending among top risks facing financial system: OSFI
OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.
May 22, 2024 10:11 AM
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Indian international students most likely to live in unsuitable housing, StatCan says
OTTAWA — International students were more likely to live in unsuitable housing in 2021 than Canadian-born students, a report released Thursday by Statistics Canada shows.
May 22, 2024 10:06 AM
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Meredith Moon, the youngest of Gordon Lightfoot's children, on celebrating his legacy
TORONTO — Meredith Moon is helping fulfil one of her late father Gordon Lightfoot's wishes.
May 22, 2024 8:28 AM
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Ontario LTC nurses get 11.5 per cent pay increase over two years
TORONTO — Nurses in the majority of long-term care homes in Ontario are set to get what their union is calling the most significant wage increase in more than 30 years.
May 22, 2024 7:51 AM
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