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Laurentian Bank shares soar after it announced a review of strategic options
TORONTO — Shares of Laurentian Bank of Canada soared more than 30 per cent in early trading Wednesday after the bank said it was conducting a review of its strategic options to maximize shareholder value.
Jul 12, 2023 3:32 PM
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Domino's signs deal with Uber Eats in a bid to make more dough
If you can't beat them, join them. In a major reversal, Domino’s Pizza said Wednesday it’s partnering with Uber Eats to make deliveries in the U.S. and 27 international markets.
Jul 12, 2023 3:26 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,070.77, up 192.21): Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.91 per cent, to $48.59 on 8.7 million shares.
Jul 12, 2023 2:43 PM
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S&P/TSX composite up almost 200 points, U.S. stock markets also rise
TORONTO — Canada's main stock index was up almost 200 points Wednesday on broad-based gains led by utilities and base metals after the central bank raised interest rates to five per cent, while U.S.
Jul 12, 2023 2:34 PM
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Rodriguez leaves door open to regulating Meta's new social media platform Threads
OTTAWA — Canada's Heritage Minister is leaving the door open to regulating new social media platform Threads under a bill forcing Google and Meta to pay publishers for content they link to or repurpose.
Jul 12, 2023 1:47 PM
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Bank of Canada raises key rate to five per cent as higher inflation levels persist
OTTAWA — The Bank of Canada raised interest rates again on Wednesday, hitting the economy with even higher borrowing costs as new projections suggest it will take longer for inflation to fall back to two per cent.
Jul 12, 2023 1:14 PM
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Halted Montreal-New York City train route sparks concern among tourism outlets
Montreal tourism operators have begun to feel the impact of the suspension of the only daily train between their city and New York City. "Summer is the busiest tourist season in Montreal.
Jul 12, 2023 10:58 AM
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Bank of Canada raises rate to 5%: What we learned about inflation and the economy
OTTAWA — The Bank of Canada hiked its key interest rate on Wednesday, by 0.25 of a percentage point to five per cent.
Jul 12, 2023 10:53 AM
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Interest rate hikes weighing on cottage market, where prices are expected to slide
TORONTO — When the warm weather hits, Arthur Parks usually sees up to 10 referrals from Toronto real estate agents with clients feeling the allure of lakeside living as the summer heats up.
Jul 12, 2023 10:03 AM
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Back with a splash: CNE to debut 'Vegas-style' fountain show, bring back ice show
TORONTO — The Canadian National Exhibition promises to return with a splash next month — it’s touting a new fountain show billed as a “Vegas-style” spectacle.
Jul 12, 2023 9:17 AM
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