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Ontario News
Ontario News
Manulife to ramp up share buyback program after cutting low-growth assets
TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity.
May 9, 2024 10:01 AM
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Canadian Tire revenue down in first quarter as consumer spending softens
TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.
May 9, 2024 10:00 AM
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Toronto Maple Leafs fire head coach Sheldon Keefe after another early playoff exit
TORONTO — Sheldon Keefe took his place in front of a dozen television cameras. The Maple Leafs head coach — on centre stage inside a small auditorium at the team's practice facility — was optimistic about the future for both himself and the group.
May 9, 2024 9:53 AM
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Books about Indigenous life shortlisted for Amazon Canada First Novel Award
TORONTO — Four books about Indigenous life are among the finalists for the $60,000 Amazon Canada First Novel Award.
May 9, 2024 8:34 AM
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Shares of MDA Space fall after posting Q1 profit down from year ago
BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.
May 9, 2024 8:24 AM
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Ontario to step up efforts to protect students' data
TORONTO — Ontario says it will bring forward legislation to protect students' data. The province says it wants to better safeguard children's information and prevent it from being stolen in cyber incidents.
May 9, 2024 7:12 AM
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Brookfield Corp. reports Q1 distributable earnings up, US$150B in deployable capital
TORONTO — Brookfield Corp. reported distributable earnings of US$1.22 billion for the first quarter, up from $1.
May 9, 2024 6:44 AM
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Cineplex reports Q1 profit as sale of arcade game business boosts results
TORONTO — Cineplex Inc. reported a profit in its latest quarter compared with a loss a year ago as its results were boosted by the sale of its arcade game business. The movie theatre company says it earned $5.
May 9, 2024 5:18 AM
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Cronos: Q1 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Cronos Group Inc. (CRON) on Thursday reported a loss of $2.2 million in its first quarter. On a per-share basis, the Toronto-based company said it had a loss of 1 cent. The results matched Wall Street expectations.
May 9, 2024 4:43 AM
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Kevin Durand loves playing villains in 'Planet of the Apes,' 'Naked Gun' reboot
TORONTO — Kevin Durand has a simple explanation for why he always gets cast as the bad guy. “Just look at my face,” the actor says during an interview at a Toronto hotel. “People see me and they’re like, ‘Ahh!’” The Thunder Bay, Ont.
May 9, 2024 1:00 AM
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