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S&P/TSX composite up almost 350 points, U.S. stock markets also rally

S&P/TSX composite up almost 350 points, U.S. stock markets also rally

TORONTO — Canada's main stock index rose almost 350 points Thursday, powered by a broad-based rally on the Toronto market, while U.S. stocks also surged higher.
Childhood abuse survivor agency sees surge in calls since Alice Munro revelation

Childhood abuse survivor agency sees surge in calls since Alice Munro revelation

TORONTO — A support agency for survivors of childhood sexual abuse says it's seen a surge in calls since Alice Munro's daughter went public a month ago with her story of abuse by her stepfather.
Maple Leaf Foods reports $26.2M Q2 loss as company prepares to spin off pork business

Maple Leaf Foods reports $26.2M Q2 loss as company prepares to spin off pork business

Maple Leaf Foods Inc. reported a loss of $26.2 million in its latest quarter compared with a loss of $53.7 million a year earlier as it prepares to spin off its pork business. The Mississauga, Ont.
Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

TORONTO — The head of Canadian Tire Corp. Ltd. says indebted shoppers are cutting back on spending even more — and he doesn't see that trend turning around quickly.
WNBA's Toronto expansion seeks fan ideas for team name, colors

WNBA's Toronto expansion seeks fan ideas for team name, colors

TORONTO (AP) — Toronto’s new WNBA team has issued a “call for inspiration” to its fans for suggestions on a team name, colors and identity. “We don’t just want to be WNBA Toronto,” team president Teresa Resch told The Canadian Press.
Toronto Argonauts looking to even home-and-home series with Calgary Stampeders

Toronto Argonauts looking to even home-and-home series with Calgary Stampeders

TORONTO — There's no place like home for Ryan Dinwiddie and the Toronto Argonauts. Toronto (4-4) faces Calgary (4-4) at BMO Field on Friday night.
Top court nixes Jordan Peterson's appeal of professional college's remedial orders

Top court nixes Jordan Peterson's appeal of professional college's remedial orders

OTTAWA — Canada's top court has closed the door on Jordan Peterson's legal fight against an order that he enter a remedial coaching program.
Bank of Canada names experts to assess its internal review of pandemic policy actions

Bank of Canada names experts to assess its internal review of pandemic policy actions

OTTAWA — The Bank of Canada has named three experts that will assess its internal review of the central bank's policy response to the COVID-19 pandemic. The experts are Pablo Hernández de Cos, former governor of the Bank of Spain, Kristin J.
Brookfield Corp. reports US$2.13B in Q2 distributable earnings, up from a year ago

Brookfield Corp. reports US$2.13B in Q2 distributable earnings, up from a year ago

TORONTO — Brookfield Corp. reported distributable earnings of US$2.13 billion in its latest quarter, up from US$1.19 billion in the same quarter last year. The investment firm, which keeps its books in U.S. dollars, says the result amounted to US$1.
Tim Hortons parent RBI sees Q2 profit lift despite 'softer consumer environment'

Tim Hortons parent RBI sees Q2 profit lift despite 'softer consumer environment'

TORONTO — The owner of Canada's most recognizable fast-food chain managed to grow its profit in its most recent quarter, even as a pullback in consumer spending that's long been roiling retailers cropped up in the quick-serve market.
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