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Report shows sharp jump in Toronto rents, echoes findings on other major cities

Report shows sharp jump in Toronto rents, echoes findings on other major cities

A report by real estate market research firm Urbanation Inc. says rents in the Greater Toronto Area are rising fast, echoing the latest numbers from online rental platforms about other major Canadian cities
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S&P/TSX composite up more than 300 points in broad-based rally led by financials

S&P/TSX composite up more than 300 points in broad-based rally led by financials

TORONTO — Strong earnings results in the U.S. pushed North American stock markets higher as investors welcomed signs that economic growth may not be as bad as originally thought.
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West Fraser Timber shuts down takeover report; shares spike

West Fraser Timber shuts down takeover report; shares spike

VANCOUVER — West Fraser Timber Co. Ltd. says it has not received any takeover offer after a report that Kronospan, an existing shareholder, and CVC Capital Partners were interested in making a bid for the company.
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Simon & Schuster publisher steps down to work on book

Simon & Schuster publisher steps down to work on book

NEW YORK (AP) — The publisher of Simon & Schuster's flagship imprint, Dana Canedy, is stepping down to concentrate on a sequel to a book Denzel Washington adapted last year for a film of the same name, “A Journal for Jordan.
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Porter Airlines orders 20 more Embraer E195-E2 jets

Porter Airlines orders 20 more Embraer E195-E2 jets

TORONTO — Porter Airlines has announced a firm order for 20 Embraer E195-E2 passenger jets with a total list price value of US$1.56 billion as the company looks to further strengthen its presence and customer base in Eastern Canada.
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EDC targets reduced portfolio emissions from oil and gas, aerospace

EDC targets reduced portfolio emissions from oil and gas, aerospace

OTTAWA — Export Development Canada (EDC) has laid out emission reduction targets for its lending portfolios in the oil and gas and aerospace industries as part of its long-term goal to become carbon neutral by 2050.
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Judge sets October trial for Musk-Twitter takeover dispute

Judge sets October trial for Musk-Twitter takeover dispute

Elon Musk has lost a fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.
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Always keep cash on hand, experts say after massive Rogers outage

Always keep cash on hand, experts say after massive Rogers outage

Reni Odetoyinbo was one of the millions of Canadians effected by the nationwide Rogers Communication Inc. outage on July 8.
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Stocks open higher on Wall Street as more earnings roll in

Stocks open higher on Wall Street as more earnings roll in

NEW YORK (AP) — Stocks are opening broadly higher on Wall Street Tuesday as more earnings reports roll in from U.S. companies. The S&P 500 was up 1.2% in the first few minutes of trading. The Dow was up 0.9% and the Nasdaq rose 1.1%.
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BHP working to bring Jansen potash mine into operation earlier than expected

BHP working to bring Jansen potash mine into operation earlier than expected

SASKATOON — BHP says it is working to bring its Jansen potash mine into operation sooner than expected. The company says it is working to bring forward Stage 1 first production at the Saskatchewan mine to 2026.
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