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Sun Life Financial sees first quarter earnings rise to $806 million

Sun Life Financial sees first quarter earnings rise to $806 million

TORONTO — Sun Life Financial Inc. says net income for the first quarter was $806 million, up more than 21 per cent from $665 million a year earlier. The Toronto-based company says diluted earnings per share were $1.37, up from $1.
'Run the Burbs' joins slate of Canadian shows debuting on CW network

'Run the Burbs' joins slate of Canadian shows debuting on CW network

TORONTO — Canada’s next-door neighbours will get a chance to meet the Phams when “Run the Burbs" joins a new slate of Canadian shows making their U.S. debuts on the CW network.
McCain steps down as Maple Leaf Foods CEO, optimistic about 2023

McCain steps down as Maple Leaf Foods CEO, optimistic about 2023

MISSISSAUGA, Ont. — The head of Maple Leaf Foods Inc. said he's confident in the future of the companyas he hands the reins of the protein producer to current president and chief operating officer Curtis Frank.

Officer deaths make recruitment more challenging: police chiefs association

TORONTO — Recent deaths of on-duty police officers will make recruiting new officers more challenging, an association representing police chiefs in Ontario said after an officer was fatally shot in a village east of Ottawa on Thursday.

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 (81.70, down 20,417.61): PetroTal Corp. (TSX:TAL). Energy. Up three cents, or 4.11 per cent, to 76 cents on 21.3 million shares.
S&P/TSX composite down more than 80 points, U.S. markets mixed Thursday

S&P/TSX composite down more than 80 points, U.S. markets mixed Thursday

TORONTO — Canada's main stock index was down more than 80 points Thursday, led by losses in energy and metals, while U.S. markets were mixed after key data releases showed the economy continues to slow. The S&P/TSX composite index was down 81.
Scotiabank fined US$22.5M by U.S. agencies for use of messaging apps

Scotiabank fined US$22.5M by U.S. agencies for use of messaging apps

TORONTO — Bank of Nova Scotia has been fined US$22.5 million by two U.S. agencies for violations related to employee use of unapproved communication methods including text messages and WhatsApp.
Canadian Tire profit slips as inflation prompts 'mindful' consumers to cut spending

Canadian Tire profit slips as inflation prompts 'mindful' consumers to cut spending

TORONTO — Canadian consumers are increasingly "mindful" in their shopping, prioritizing essential purchases and reining in spending on more expensive goods as inflation continues to squeeze budgets, the head of Canadian Tire Corp. Ltd. said Thursday.
RioCan REIT saw strong Q1 retail occupancy levels, rent rates ticking up

RioCan REIT saw strong Q1 retail occupancy levels, rent rates ticking up

TORONTO — The chief executive of one of the country's most prominent commercial landlords says retail occupancy levels and rent rates are ticking up even as many storefronts across Canada sit empty.
Schwartz officially steps down as Onex CEO as share plan approved

Schwartz officially steps down as Onex CEO as share plan approved

TORONTO — Shareholders of Onex Corp. have approved a change to its multiple-voting shares that will allow Gerry Schwartz to retain voting control of the company for another three years even as he officially steps down as chief executive.
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