Ontario News

TORONTO — The S&P/TSX composite continued its rally Friday, rising more than 120 points and closing above 20,000 points for the first time since late August, while U.S. markets also rose. The S&P/TSX composite index was up 121.

Police say a 60-year-old man has died after his vehicle hit a horse that escaped from a farm north of Toronto. York Regional Police say the man was driving in the Township of King when his car hit a horse and then a culvert at around 2:45 a.m.

TORONTO — The World Cup of Hockey will not be returning in 2024. The NHL and NHL Players' Association said in a joint statement Friday "the current environment it is not feasible" to hold the World Cup, but did not elaborate further.

TORONTO — It's been a wild week in the crypto market following the collapse of exchange platform FTX, but an industry insider says that while the situation is probably one of the most unfortunate events in the history of the asset class, it's not the

MISSISSAUGA, Ont. — Pivot Air's chief executive says paperwork filed in a Dominican Republic court today could allow the airline's five staff kept in the Caribbean nation since April to return home soon.

TORONTO — Manulife Financial Corp. says it will name Don Lindsay as chair of the company's board early next year. Lindsay will replace John Cassaday, who will retire in February after 30 years on the Manulife board, including the past five as chair.

TORONTO — Gerry Schwartz, founder of Toronto-based private equity firm Onex Corp., will step down from his role as CEO of the company after nearly 40 years. The billionaire, who turns 81 this month, will remain chairman of Onex.

TORONTO — Ontario's labour relations board says the provincial government has withdrawn its application to have a walkout by 55,000 education workers declared illegal.

When Majd Darwich heard the sound of police sirens speeding past his home in Mississauga, Ont., last week, he instinctively ran upstairs to check if his nonverbal autistic son was still in his room. His 19-year-old wasn't there.

TORONTO — Thomson Reuters Corporation says it has signed a deal to acquire U.S. company SurePrep, LLC, in a transaction worth US$500 million.