Ontario News

TORONTO — Sources say newspaper publisher Postmedia Network Corp. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with "economic contraction.

TORONTO — Hudson's Bay is laying off two per cent of its corporate workforce, estimated to be about 250 employees, largely within Canada.

TORONTO — Marineland has registered to lobby the Ontario government with the goal of selling the park. Andrew Burns, a lawyer who has represented the Niagara Falls, Ont.

TORONTO — Justin Bieber has sold the rights to his entire back catalogue, including megahits "Despacito," "Sorry" and "Baby," to Hipgnosis Song Management. The song investment company says it's struck an agreement with the Stratford, Ont.

TORONTO — A new report says that pledges made by companies to support diversity are at risk as the corporate sector prepares for a possible recession.

TORONTO — Imagine being on the court with the Toronto Raptors. Or watching an NHL game from the stands with real-time statistics literally in front of your nose.

TORONTO — Magna International Inc. says its margins for 2022 are expected to come in lower than it forecast. The auto parts company says its adjusted earnings before interest and taxes (EBIT) margin is expected to be about 4.3 per cent for 2022.

TORONTO — Element Fleet Management Corp. says president and chief executive Jay Forbes will retire this year and will be replaced by CIBC executive Laura Dottori-Attanasio.

TORONTO (AP) — William Nylander had two goals and two assists as the Toronto Maple Leafs beat the slumping New York Islanders 5-2 on Monday night.

TORONTO — Maple Leafs head coach Sheldon Keefe wasn't happy. Neither were his players. Toronto sleepwalked through Monday's opening 20 minutes — fortunate to only be down 1-0 against a struggling opponent.