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CIBC profits down on higher loan loss provisions after revised economic outlook

CIBC profits down on higher loan loss provisions after revised economic outlook

TORONTO — A more pessimistic outlook on interest rates and the economy led CIBC to boost how much it set aside for bad loans in its latest quarter, a move echoed by other banks as they prepare for slower growth ahead.
Scotiabank announces senior executive changes including new oversight for Tangerine

Scotiabank announces senior executive changes including new oversight for Tangerine

TORONTO — Scotiabank announced a raft of changes in its senior executive ranks, including a new head for the group overseeing its Tangerine online banking business and a new chief human resources officer.
Nickelback, Sho Madjozi, Finn Wolfhard among musicians set for TIFF street party

Nickelback, Sho Madjozi, Finn Wolfhard among musicians set for TIFF street party

TORONTO — Canadian rockers Nickelback, South African rapper Sho Madjozi and Finn Wolfhard’s band The Aubreys are among the artists set to perform at the Toronto International Film Festival’s annual street party.
Shopify, Amazon strike deal to integrate 'Buy with Prime' in Shopify stores

Shopify, Amazon strike deal to integrate 'Buy with Prime' in Shopify stores

TORONTO — Two of the e-commerce world’s biggest rivals have brokered a surprise deal helping their merchants better take advantage of one another’s offerings. Shopify Inc. and Amazon.com Inc.
Man in his 70s dead after fire at seniors supportive housing unit: paramedics

Man in his 70s dead after fire at seniors supportive housing unit: paramedics

TORONTO — A man in his 70s is dead after a fire at a seniors supportive housing unit in Toronto's east end. Toronto Fire says they responded to reports of a fire shortly after 7:30 a.m.
MDA signs deal to buy digital payload division of SatixFy Communications

MDA signs deal to buy digital payload division of SatixFy Communications

BRAMPTON, Ont. — MDA Ltd. has signed an agreement to buy the digital payload division of SatixFy Communications Ltd. in a deal valued at US$40 million. MDA chief executive Mike Greenley says the deal for SatixFy Space Systems UK Ltd.
Charlotte Cardin on Juno wins, overcoming relationship hurdles and facing her own ego

Charlotte Cardin on Juno wins, overcoming relationship hurdles and facing her own ego

TORONTO — A little over a year ago, Charlotte Cardin was standing at the finish line of Juno Awards weekend, her arms full of golden statuettes.
'Outgoing personality': Former Olympic figure skater Alexandra Paul remembered

'Outgoing personality': Former Olympic figure skater Alexandra Paul remembered

Whether on the ice, in the courtroom or in her latest role as a new mother, Alexandra Paul brought passion and joy to all she did, those who knew the former Olympic figure skater said as they mourned her death.

Toronto stuns Union 3-1 to snap 11-match winless streak

TORONTO (AP) — Deandre Kerr had a goal and an assist and Toronto FC stunned the Philadelphia Union 3-1 on Wednesday night to snap an 11-match winless streak.
TFC snaps 13-game winless streak with emphatic 3-1 victory over Philadelphia Union

TFC snaps 13-game winless streak with emphatic 3-1 victory over Philadelphia Union

TORONTO — Terry Dunfield walked into the press conference room at BMO Field beaming and full of energy.
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