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'Not for the faint of heart': Average Toronto home passes $1 million mark in February

'Not for the faint of heart': Average Toronto home passes $1 million mark in February

Toronto's housing market soared to new heights in February even as the average home price surpassed $1 million for the first time and the recent buying frenzy intensified.

Allarco's battle to protect Super Channel programs from theft goes to Alberta court

EDMONTON — The parent company of Canadian pay-television provider Super Channel has asked an Alberta court to block four Canadian retailers from selling set-top boxes that allegedly are designed to give customers access to pirated programming.
CBS All Access rebrands as Paramount Plus in Canada, but it's a name change only

CBS All Access rebrands as Paramount Plus in Canada, but it's a name change only

TORONTO — CBS All Access will be renamed Paramount Plus on Thursday, which brings heaps of new streaming programming to its U.S. subscribers, but not Canadian customers.
Alberta utility TransAlta vows to be carbon neutral by 2050 as it notes $167M loss

Alberta utility TransAlta vows to be carbon neutral by 2050 as it notes $167M loss

CALGARY — Power generator TransAlta Corp. says it has set a goal to be carbon neutral by 2050 and to cut greenhouse gas emissions to 60 per cent below 2015 levels by 2030.
Laurentian Bank reports first-quarter profit up from year ago, beats expectations

Laurentian Bank reports first-quarter profit up from year ago, beats expectations

Laurentian Bank Financial Group's chief executive says the company will double down on its residential mortgage business as part of a deep review of the bank's business.
Rio Tinto chairman leaving over destruction of sacred sites

Rio Tinto chairman leaving over destruction of sacred sites

CANBERRA, Australia — Rio Tinto chairman Simon Thompson said Wednesday he was accountable for the mining giant destroying sacred Indigenous sites in Australia to access iron ore and he will not seek reelection as a board director next year.
US service sector growth slows sharply in February

US service sector growth slows sharply in February

WASHINGTON — Growth in the services sector, where most Americans work, slowed sharply in February with hurdles related to the pandemic hindering growth.
UK extends job support, tax breaks for pandemic-hit economy

UK extends job support, tax breaks for pandemic-hit economy

LONDON — Britain’s treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and temporary tax cuts to help workers and businesses
Fiat Chrysler, PSA profits dropped in pandemic before merger

Fiat Chrysler, PSA profits dropped in pandemic before merger

MILAN — Fiat Chrysler Automobiles and PSA Peugeot on Wednesday reported their last financial statements as independent companies, each contributing full-year profits of around 2 billion euros to the new company, Stellantis, formed in January.
Bed Bath & Beyond goes with something new to revive brand

Bed Bath & Beyond goes with something new to revive brand

NEW YORK — Bed Bath & Beyond will launch a slew of new store brands to lure younger customers in a bid to energize sales at the home retail chain.