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Aimia to raise up to $32.5M in private placement, names new directors and board chair

Aimia to raise up to $32.5M in private placement, names new directors and board chair

TORONTO — Aimia Inc. has signed a deal to raise up to $32.5 million in a private placement of shares and warrants that will be used to fund operations and support its strategic investment plans.
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Mixed results on Wall St. and modest TSX loss amid oil price jump and tech weakness

Mixed results on Wall St. and modest TSX loss amid oil price jump and tech weakness

TORONTO — Canada's main stock index stepped lower Friday as broad-based weakness led by technology, battery metals and utilities outweighed energy gains, while U.S. markets were mixed amid losses in technology.
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These Canadian designers are putting the brakes on ultrafast fashion

These Canadian designers are putting the brakes on ultrafast fashion

TORONTO — Canadian fashion companies that are pushing back against a market that expects loads of cheap clothes say keeping operations small and local is the key to sustainability, but so too is the need to inform the public about the consequences of
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Bank regulator outlines expanded risk guidelines to include integrity, security

Bank regulator outlines expanded risk guidelines to include integrity, security

TORONTO — Canada's banking regulator has released draft guidelines on how it expects to oversee the integrity and security of financial institutions, including foreign interference risk.
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Hall & Oates earworm finally canned as Leafs' goal celebration song

Hall & Oates earworm finally canned as Leafs' goal celebration song

TORONTO — After a five-year run, the Toronto Maple Leafs and Hall & Oates are out of touch. The pop duo's hit "You Make My Dreams" had been the Maple Leafs goal celebration song for the past five NHL seasons.
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Nun, 97, at former Ontario residential school arrested in sexual-assault case

Nun, 97, at former Ontario residential school arrested in sexual-assault case

A 97-year-old nun has been arrested and charged in a sexual-assault case involving allegations dating back decades to an infamous residential school in northern Ontario.
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Argos to rest Ouellette in game versus Ottawa Redblacks

Argos to rest Ouellette in game versus Ottawa Redblacks

TORONTO — A career milestone will have to wait for A.J. Ouellette. The rugged American running back won't play Saturday night when the Toronto Argonauts host the Ottawa Redblacks at BMO Field.
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Toronto Argonauts sign extension with defensive co-ordinator Corey Mace

Toronto Argonauts sign extension with defensive co-ordinator Corey Mace

TORONTO — Defensive co-ordinator Corey Mace has signed a contract extension with the Toronto Argonauts. Mace is in his second season leading the Argonauts' defence.
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OHL Roundup: Knights squeeze past Petes 3-2 in overtime

PETERBOROUGH, Ont. — Isaiah George scored the game-winning goal 3:35 into overtime to lift the London Knights to a 3-2 victory over the Peterborough Petes on Thursday. Easton Cowan and Sam Dickinson scored in regulation for London (4-1-0).
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Insurer Intact Financial reports $611 million in catastrophe losses in third quarter

Insurer Intact Financial reports $611 million in catastrophe losses in third quarter

TORONTO — Intact Financial Corp. estimates its catastrophe losses for the second quarter were approximately $611 million on a pre-tax basis. The property and casualty insurer says in a news release that the losses amounted to $2.
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