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RBC reports Q2 profit down as loan-loss provisions rise, raises quarterly dividend

RBC reports Q2 profit down as loan-loss provisions rise, raises quarterly dividend

TORONTO — Royal Bank of Canada raised its dividend as it reported its second-quarter profit fell compared with a year ago and the amount of money it set aside for bad loans rose. The bank says it will now pay a quarterly dividend of $1.
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CIBC reports $1.69B second-quarter profit, raises dividend

CIBC reports $1.69B second-quarter profit, raises dividend

TORONTO — CIBC raised its quarterly dividend as it reported a second-quarter profit of $1.69 billion. The bank said Thursday it will now pay a quarterly dividend of 87 cents per share, up from 85 cents.
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Top Toronto mayoral candidates debate service cuts, working with Premier Ford

Top Toronto mayoral candidates debate service cuts, working with Premier Ford

TORONTO — The six leading candidates in Toronto's mayoral election outlined their visions for transit, city services and taxes on Wednesday at a debate in Scarborough, the east-end area poised to be a key battleground in next month's election.
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Toronto FC coach says Bernardeschi was 'out of line' with post-game outburst

Toronto FC coach says Bernardeschi was 'out of line' with post-game outburst

TORONTO — Italian star Federico Bernardeschi's emotional outburst after Toronto FC's weekend 1-0 loss in Austin was "out of line," says coach Bob Bradley. "Fede was wrong for speaking that way after the game," Bradley told The Canadian Press.
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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 (19,927.69, down 218.32): Manulife Financial Corp. (TSX:MFC). Finance. Down 57 cents, or 2.23 per cent, to $25.02 on 12.
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S&P/TSX composite down more than 200 points, U.S. stock markets also lower

S&P/TSX composite down more than 200 points, U.S. stock markets also lower

TORONTO — Canada's main stock index was down more than 200 points Wednesday, with financials, metals and industrials leading the decline, while U.S. stock markets also retreated as debates over the country's debt ceiling remained unresolved.
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Mississauga mayor should quit her day job if she runs for Liberal party leader: Ford

Mississauga mayor should quit her day job if she runs for Liberal party leader: Ford

Mississauga Mayor Bonnie Crombie should quit her day job if she decides to run for the Liberal party leadership, Ontario Premier Doug Ford said Wednesday.
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Advocates, teacher unions call for free school breakfast, lunch for Ontario students

Advocates, teacher unions call for free school breakfast, lunch for Ontario students

TORONTO — Advocacy groups, teachers' unions and food banks are calling on the Ontario government to provide a free breakfast and lunch program in schools across the province to address food insecurity among students.
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BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings

BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings

TORONTO — Weakening economic conditions weighed on Canadian banks as they began to report second quarter results Wednesday.
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Veteran offensive lineman Joel Figueroa comes full circle with Hamilton Tiger-Cats

Veteran offensive lineman Joel Figueroa comes full circle with Hamilton Tiger-Cats

HAMILTON — Joel Figueroa has come full circle. The hulking offensive lineman is back for a second stint with the Hamilton Tiger-Cats.
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