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City of Toronto, MLSE draft deal protecting company from 2026 World Cup losses
TORONTO — The City of Toronto and Maple Leaf Sports and Entertainment have drafted an agreement detailing their proposed partnership surrounding the 2026 FIFA World Cup, which aims to shield the company from suffering any losses related to matches in
Apr 12, 2023 3:40 PM
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Bank of Canada holds key interest rate at 4.5%, says no plans to cut soon
OTTAWA — The Bank of Canada held its key interest rate steady and telegraphed that it may need to keep rates higher for longer as the effects of tighter borrowing conditions continue to ripple through the economy.
Apr 12, 2023 2:51 PM
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Interest rate hold could add heat to real estate markets: mortgage experts
TORONTO — Mortgage experts expect the Bank of Canada's decision to hold its key interest rate to add heat to the country's real estate markets.
Apr 12, 2023 1:59 PM
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Cheaper gas and food provide some relief from US inflation
WASHINGTON (AP) — U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices.
Apr 12, 2023 12:21 PM
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MTY Food Group reports Q1 profit up, acquisitions help revenue more than double
MONTREAL — MTY Food Group Inc. reported a first-quarter profit of $18.4 million, up from $16.6 million a year earlier, as acquisitions helped its revenue more than double.
Apr 12, 2023 11:05 AM
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Text of Bank of Canada's rate announcement statement
OTTAWA — The Bank of Canada kept its key interest rate target on hold at 4.5 per cent on Wednesday. Here is the text of the central bank's rate announcement: The Bank of Canada today held its target for the overnight rate at 4.
Apr 12, 2023 10:27 AM
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RoboCop? No, RoboDog: Robotic dog rejoins New York police
NEW YORK (AP) — New York City officials unveiled three new high-tech policing devices Tuesday, including a robotic dog that critics called creepy when it first joined the police pack 2 1/2 years ago.
Apr 12, 2023 10:24 AM
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Cineplex doesn't expect to recoup any material amount of the $1.24B owed by Cineworld
TORONTO — Cineplex Inc. says it does not expect to recover any material amount from U.K.-based Cineworld Group PLC, its once-suitor which owes the Toronto movie theatre chain $1.24 billion. U.K.
Apr 12, 2023 10:03 AM
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Brookfield Infrastructure to buy freight container company Triton International
TORONTO — Brookfield Infrastructure Partners LP and its institutional partners have signed a deal to acquire freight container leasing company Triton International Ltd. for about US$4.7 billion in cash and shares.
Apr 12, 2023 8:38 AM
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Grocery's power imbalance has politicians, shoppers questioning rising prices
Whether you're catching a flight, opening a new bank account or picking up groceries, a small group of big names takes up most of the market share. Competition Ltd.
Apr 12, 2023 4:00 AM
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