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Analysts slash targets on Corus Entertainment amid uncertainty over its future

Analysts slash targets on Corus Entertainment amid uncertainty over its future

TORONTO — Corus Entertainment Inc. has been dealt a blow by several research analysts, who have either cut their targets for the company or stopped covering it altogether.
Media companies win court injunction against sports-streaming pirates

Media companies win court injunction against sports-streaming pirates

OTTAWA — Major broadcasters have won a court injunction to prevent internet pirates from illegally streaming live sports events to online viewers.
Members of Tragically Hip named honorary grand marshals for Honda Indy

Members of Tragically Hip named honorary grand marshals for Honda Indy

TORONTO — Members of Canadian rock band The Tragically Hip have been named honorary grand marshals for the upcoming Ontario Dealers Honda Indy, organizers of the Toronto IndyCar race announced Tuesday.
CMHC says annual pace of housing starts in June down 9% from May

CMHC says annual pace of housing starts in June down 9% from May

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell nine per cent compared with May.
Airfares continue to rise from last year — and soar above pre-pandemic levels

Airfares continue to rise from last year — and soar above pre-pandemic levels

OTTAWA — Statistics Canada says airfares rose two per cent year-over-year in June, and continued to soar above pre-pandemic levels. Figures from the consumer price index show the increase follows a 4.
Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan

Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan

Economists say an unexpected dip in the national inflation rate bodes well for the prospects of the Bank of Canada making a second straight cut to its benchmark interest rate when it meets later this month. Canada's annual inflation rate fell to 2.
Industry minister suggests Competition Bureau look at digital wallets

Industry minister suggests Competition Bureau look at digital wallets

OTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the Competition Bureau's radar.
Canadian politicians call for calming of rhetoric following Trump rally violence

Canadian politicians call for calming of rhetoric following Trump rally violence

OTTAWA — Canadian politicians on opposite ends of the ideological spectrum stressed a need Monday to avoid inflaming discussion to the point of inciting violence against public figures. An attempted assassination of former U.S.
July carbon rebates sent Monday with banks forced to use government's label

July carbon rebates sent Monday with banks forced to use government's label

OTTAWA — The second instalment of this year's national carbon-price rebate was deposited or mailed out to millions of households Monday.
North American stock markets extend rally as investors bet on Trump

North American stock markets extend rally as investors bet on Trump

North American stock markets continued their winning streak Monday, as investors' growing confidence that former U.S. President Donald Trump may be heading back to the White House translated to fresh gains. The S&P/TSX composite index was up 78.
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