Ontario News

TORONTO — Manulife Financial Corp. says its net income rose in the third quarter from last year, supported especially by business growth in Asia.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,530.21, down 45.38 points): Suncor Energy Inc. (TSX:SU). Energy. Down 81 cents, or 1.84 per cent, to $43.29 on 10.0 million shares.

GUELPH, Ont. — Linamar Corp. says it sales and income got a boost in the third quarter thanks in part to its diversification efforts away from contracts reliant on gasoline-powered vehicles. Sales were $2.43 billion in the third quarter, up from $2.

TORONTO — Chad Kelly isn't going to mess much with what's been a winning formula. Kelly enjoyed a record-setting 2023 campaign, his first as Toronto's starting quarterback.

TORONTO — Canada's main stock index edged lower Wednesday, led again by losses in energy as the price of oil continued to decline, while U.S. markets wobbled to a mixed close. The S&P/TSX composite index closed down 45.38 points at 19,530.21.

TORONTO — The Canadian government must take action to stop the degradation of its forests from large-scale industrial logging, a letter signed by more than 100 scientists urged Wednesday.

TORONTO — Artificial intelligence is already showing its potential in transforming the financial sector, even though it's still early days, said RBC chief executive Dave McKay on Wednesday.

Toronto police say they have increased the size of their hate crime unit in light of a rise in hate crime reports. The force says there has been a noted increase in hate crime reports since Oct.

TORONTO — One of the most prominent figures in the world of artificial intelligence is concerned about the technology's potential effects during election campaigns.

OTTAWA — The City of Ottawa released its 2024 draft budget Wednesday, a proposed $4.6-billion operational portfolio that keeps property tax increases capped at 2.5 per cent for the second year in a row.