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Ontario News

Fairfax records net loss of $75 million in Q3, while revenues rise

TORONTO — Fairfax Financial Holdings Ltd. says it recorded a net loss of US$75.1 million in the third quarter, down from earnings of $462.4 million in the third quarter of last year. The Toronto-based holding company, which reports in U.S.
Forced sale of strategic mineral interests important step to boost security: experts

Forced sale of strategic mineral interests important step to boost security: experts

TORONTO — The move by the federal government to force Chinese companies to sell their investments in three critical mineral companies is being called a meaningful and necessary escalation of Canada's defensive posturing on strategic assets.
Ontario hospitals directed to treat some children who need ICU, surgeries may be axed

Ontario hospitals directed to treat some children who need ICU, surgeries may be axed

TORONTO — A surge in hospitalizations for children that's expected to last months has prompted the agency overseeing Ontario's health system to direct general hospitals to accept patients 14 and older who need intensive care.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,241.22, down 35.79 points): Barrick Gold Corp. (TSX:ABX). Materials. Down $1.62, or 8.27 per cent, to $17.98 on 19.1 million shares.
Lawyer for family argues Thunder Bay custody death was a homicide as inquest wraps

Lawyer for family argues Thunder Bay custody death was a homicide as inquest wraps

The likely preventable death of an Indigenous man in Thunder Bay police custody should be considered a homicide, a lawyer for his family argued as a coroner's inquest heard closing submissions Thursday.

S&P/TSX composite slumps Thursday, U.S. stock markets down as well

TORONTO — Canada's main stock index crept lower Thursday with mixed results across the indexes, buoyed by energy stocks, industrials and base metals, while U.S. stock markets were also down. The S&P/TSX composite index was down 35.
Fog advisory remains in place for Toronto, parts of the GTA

Fog advisory remains in place for Toronto, parts of the GTA

TORONTO — A fog advisory remains in effect for some parts of the Greater Toronto Area, with Environment Canada warning of near-zero visibility and hazardous driving conditions.
Spin Master lowers guidance as toy sales soften, consumers pull back on spending

Spin Master lowers guidance as toy sales soften, consumers pull back on spending

TORONTO — Toymaker Spin Master Corp.'s revenue and profit slipped in its latest quarter as price sensitive consumers pulled back on spending. The Toronto-based children's entertainment company says it earned US$141.
Hamilton will have to win two road games to make third straight Grey Cup appearance

Hamilton will have to win two road games to make third straight Grey Cup appearance

HAMILTON — Safety Tunde Adeleke and the Hamilton Tiger-Cats will have to become road warriors to make another Grey Cup appearance. Hamilton (8-10) visits the Montreal Alouettes (9-9) in the East Division semifinal Sunday.
Avery Oitomen returns to Arrows after taking break to obtain degree in Wales

Avery Oitomen returns to Arrows after taking break to obtain degree in Wales

TORONTO — Wing Avery Oitomen is returning to the Toronto Arrows for the 2023 Major League Rugby season. The 23-year-old from Mississauga, Ont.
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