Ontario News

TORONTO — Ontario's minister of municipal affairs and housing is moving forward with audits of six municipalities to see if there will be any "potential or perceived" financial hits from a provincial housing law.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,238.19, down 116.49): Enbridge Inc. (TSX:ENB). Energy. Up 23 cents, or 0.43 per cent, to $53.18 on 10.8 million shares. Shopify Inc.

TORONTO — Canada's main stock index was down more than 100 points Thursday amid broad-based losses, while U.S. markets were also down as uncertainty continued to grip the regional banking sector south of the border. Turmoil in the U.S.

TORONTO — Shopify Inc. says it will reduce its head count by about 20 per cent and sell its logistics business as it aims to reduce distracting "side quests" in the latest big change by the Canadian tech company.

TORONTO — A backlog of cases at Ontario's Landlord and Tenant Board has grown to 38,000 and it is taking an average of seven or eight months – sometimes up to two years – for a hearing to be scheduled, the province's ombudsman said Thursday.

TORONTO — Loblaw Companies Ltd. says it has reached a deal with TC Energy that will see the grocer's operations in Alberta powered entirely by wind, sun and water.

TORONTO — The Bank of Canada has shifted its messaging in recent months from the need to get inflation under control to bringing it back down to the two per cent target.

The University of Waterloo is ending its research partnership with Chinese tech giant Huawei this year in an effort to "safeguard" scientific research at the school. The move will mark the end of an agreement that has been in place since 2016.

The sons of a renowned Indigenous artist wept on Thursday at an inquest into their father's death, criticizing the failure to treat his mental health struggles before he died by suicide in a Thunder Bay jail.

TORONTO — Brandon Montour unloaded a one-timer and watched the puck hit the back of the net before dropping to one knee and sweeping his glove over the ice in celebration.