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Aimia reports net loss in second quarter partly due to decline in equity values

Aimia reports net loss in second quarter partly due to decline in equity values

TORONTO — Aimia Inc. reported a net loss of $35.2 million in its second quarter, compared with a profit of $3.1 million in the same quarter last year.
Luxury goods tax on super-rich could hit electric vehicles: expert

Luxury goods tax on super-rich could hit electric vehicles: expert

OTTAWA — A new tax on yachts, luxury cars and private aircraft designed to hit the super-rich could also cover vehicles meant to help the environment, a tax expert warns. The luxury goods tax, which will come into force on Sept.
Toronto retailers forced to close doors during power outage in downtown core

Toronto retailers forced to close doors during power outage in downtown core

TORONTO — Retailers in Toronto's downtown core had to close for business on Thursday afternoon as a power outage affected security and payment systems throughout the financial district.
Pianist Oscar Peterson becomes first Black Canadian featured on a circulation coin

Pianist Oscar Peterson becomes first Black Canadian featured on a circulation coin

TORONTO — Canadians will soon be able to carry a piece of national music history in their wallets with the launch of a coin commemorating legendary jazz pianist Oscar Peterson.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,991.88, up 105.94 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $1.28, or 3.25 per cent, to $40.67 on 13.3 million shares.
Cineplex CEO says rom-com is due for a theatrical comeback as 'Top Gun' strikes big

Cineplex CEO says rom-com is due for a theatrical comeback as 'Top Gun' strikes big

TORONTO — While moviegoers flocked to testosterone epics "Top Gun: Maverick" and the latest "Doctor Strange" over the summer, the head of Cineplex Inc. says he's certain the romantic comedy is due for a comeback on the big screen.
S&P/TSX rises, U.S. markets lose ground on mixed trading day

S&P/TSX rises, U.S. markets lose ground on mixed trading day

Canada's main stock index posted another day of triple-digit gains and U.S. markets were mixed Thursday against the backdrop of mounting evidence that inflation may be beginning to ease.
OCS capping pot shop orders and changing delivery window after partner's cyberattack

OCS capping pot shop orders and changing delivery window after partner's cyberattack

TORONTO — Ontario's cannabis wholesaler is temporarily capping the number of products retailers can order and expanding its delivery window as it works through a backlog caused by a cyberattack on its logistics partner.
Unifor calls for national auto strategy, dedicated ministry to capture EV potential

Unifor calls for national auto strategy, dedicated ministry to capture EV potential

TORONTO — Unifor is calling for a national auto strategy, and a dedicated federal government ministry to lead it, at a time of "significant and uncertain change" in the industry amid the transition to electric vehicles.
BRP operations to remain frozen until next week after cyberattack shutdown

BRP operations to remain frozen until next week after cyberattack shutdown

VALCOURT, Que. — Work at BRP Inc. factories will likely stay at a standstill until next week after a cyberattack that the Sea-Doo maker reported Monday.