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S&P/TSX up more than 1%, U.S. markets rally to new heights one day after rate cut

S&P/TSX up more than 1%, U.S. markets rally to new heights one day after rate cut

TORONTO — Canada's main stock index gained more than one per cent on Thursday, while U.S. stock markets rallied to new records a day after the U.S. Federal Reserve cut its key interest rate.
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A timeline of events in the bread price-fixing scandal

A timeline of events in the bread price-fixing scandal

Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsui
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Maple Leaf refutes bread price-fixing claims ahead of attempt to add it to lawsuit

Maple Leaf refutes bread price-fixing claims ahead of attempt to add it to lawsuit

TORONTO — Maple Leaf Foods asserted its innocence in an alleged bread price-fixing scheme ahead of a hearing to determine whether it will be added to an ongoing class-action lawsuit.
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Cannabis retailer Tokyo Smoke starts stalking horse sales process

Cannabis retailer Tokyo Smoke starts stalking horse sales process

TORONTO — Cannabis retailer Tokyo Smoke says it has begun a stalking horse sales process. The sales process allowed by parent company TS Investments Corp. has priced the beleaguered business at $77 million.
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Federal tax on vacant homes has failed to raise any meaningful revenue

Federal tax on vacant homes has failed to raise any meaningful revenue

Almost 98% of underused housing tax returns assessed have no tax owing
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Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates . The S&P 500 jumped 1.
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Hot Docs says it's reopening theatre on a limited basis, searching for new leader

Hot Docs says it's reopening theatre on a limited basis, searching for new leader

TORONTO — The beleaguered Hot Docs Film Festival says it will reopen its flagship Toronto theatre on a limited basis as it embarks on a search for a new leader this fall.
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Vancouver biotech inks $800M partnership with Novo Nordisk

Vancouver biotech inks $800M partnership with Novo Nordisk

Vancouver company co-founded by Pieter Cullis specializes in genetic medicine delivery platform
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Manitoba cabinet minister 'inadvertently' violated rules: ethics commissioner

Manitoba cabinet minister 'inadvertently' violated rules: ethics commissioner

WINNIPEG — Manitoba's ethics commissioner has found an NDP cabinet minister was in the wrong for failing to disclose a business contract with the government but is not recommending a penalty.
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CN to relocate Jasper rail operations 100 kilometres away

CN to relocate Jasper rail operations 100 kilometres away

MONTREAL — Canadian National Railway Co. says it plans to relocate its operations in Jasper to near Hinton, Alta., about 100 kilometres away. The company says it aims to minimize train stops between Edmonton and Blue River, B.C.
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