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Vast majority of Greater Toronto new condo investors losing money every month: report

Vast majority of Greater Toronto new condo investors losing money every month: report

TORONTO — Canada's largest condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they're losing, has ballooned, says a new report from CIBC and Urbanation.
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Insurance claim tally for last year's floods, wildfires in Nova Scotia: $490 million

Insurance claim tally for last year's floods, wildfires in Nova Scotia: $490 million

HALIFAX — The devastating wildfires and deadly flooding that plagued Nova Scotia last year have resulted in $490 million in insured losses, the Insurance Bureau of Canada said in a report released Thursday.
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Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter

Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter

CALGARY — With its recent buying spree behind it, Veren Inc. – formerly Crescent Point Energy Corp. – is turning its attention to paying down debt. The oil and gas producer said Thursday its net debt as of June 30, 2024 was $3.
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TransLink warns of huge public transport cuts unless '$600m funding gap' is addressed

TransLink warns of huge public transport cuts unless '$600m funding gap' is addressed

NEW WESTMINSTER, B.C. — Metro Vancouver's transportation provider TransLink is warning of massive service cuts unless a $600-million funding gap is addressed.
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Loblaw, George Weston to settle class action over bread price-fixing for $500 million

Loblaw, George Weston to settle class action over bread price-fixing for $500 million

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a pair of class-action lawsuits regarding their involvement in an alleged bread price-fixing scheme.
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Loblaw boycott had 'minor' impact as company says lawsuit settlement hit profits

Loblaw boycott had 'minor' impact as company says lawsuit settlement hit profits

Loblaw said a boycott of its stores during its latest quarter had a minimal impact, as the company attributed lower profits to a settlement over an alleged bread price-fixing scheme.
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North Korean charged in ransomware attacks on American hospitals

North Korean charged in ransomware attacks on American hospitals

KANSAS CITY, Kan.
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TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TORONTO — Losses in industrial and base metal stocks dragged Canada's main stock index lower Wednesday, while markets in the U.S. slid.
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Demi Moore, Paul Rudd oddities join TIFF's Midnight Madness lineup

Demi Moore, Paul Rudd oddities join TIFF's Midnight Madness lineup

TORONTO — A body horror flick led by Demi Moore and a dark comedy starring Paul Rudd and Tim Robinson are among the films bound for Midnight Madness at the Toronto International Film Festival.
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Dry cleaning bills also cleaning out your wallet? Experts give advice on how to save

Dry cleaning bills also cleaning out your wallet? Experts give advice on how to save

TORONTO — When Kristy Wieber opened a Toronto dress rental company, she quickly learned her business had an unexpected pain point: dry cleaning.
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