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TD worst-case scenario more likely after drug money laundering allegations: analyst

TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.

By The Canadian Press | 05.03.24

TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.

By The Canadian Press | 05.03.24

TransAlta cancels wind power project over new government rules on development

CALGARY — A major Alberta utility has cancelled a large wind power project in response to new government rules on where such developments can be built.

By The Canadian Press | 05.03.24

CALGARY — A major Alberta utility has cancelled a large wind power project in response to new government rules on where such developments can be built.

By The Canadian Press | 05.03.24

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:

By The Canadian Press | 05.03.24

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:

By The Canadian Press | 05.03.24

Canada Post reports $748-million pre-tax loss for 2023, warns of worse ahead

OTTAWA — Canada Post says it lost $748 million before tax last year as it warned larger, unsustainable losses are likely ahead without changes to its business model.

By The Canadian Press | 05.03.24

OTTAWA — Canada Post says it lost $748 million before tax last year as it warned larger, unsustainable losses are likely ahead without changes to its business model.

By The Canadian Press | 05.03.24

Loblaw boycott organizer says she met with CEO to talk about grocery prices

One of the organizers of a month-long boycott of Loblaw-owned stores says she met with the grocer's president and CEO Per Bank on Thursday afternoon.

By The Canadian Press | 05.03.24

One of the organizers of a month-long boycott of Loblaw-owned stores says she met with the grocer's president and CEO Per Bank on Thursday afternoon.

By The Canadian Press | 05.03.24

Three people arrested in Nova Scotia after search of suspected elver holding facility

HALIFAX — The federal Fisheries Department says it arrested three people after executing a search warrant at a suspected holding facility for baby eels in southwestern Nova Scotia.

By The Canadian Press | 05.03.24

HALIFAX — The federal Fisheries Department says it arrested three people after executing a search warrant at a suspected holding facility for baby eels in southwestern Nova Scotia.

By The Canadian Press | 05.03.24

Business insolvencies spike in first quarter, consumer insolvencies also rise

OTTAWA — Business insolvencies surged 87.2 per cent year-over-year in the first quarter of 2024, while consumer insolvencies rose 14 per cent.

By The Canadian Press | 05.03.24

OTTAWA — Business insolvencies surged 87.2 per cent year-over-year in the first quarter of 2024, while consumer insolvencies rose 14 per cent.

By The Canadian Press | 05.03.24

Greater Toronto home sales down in April but new listings surge: board

TORONTO — The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five per cent from last year, but new listings surged, which created more choice for buyers and kept prices stable.

By The Canadian Press | 05.03.24

TORONTO — The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five per cent from last year, but new listings surged, which created more choice for buyers and kept prices stable.

By The Canadian Press | 05.03.24

Pipeline operator TC Energy sees natural gas deliveries rise as power demand booms

CALGARY — Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand.

By The Canadian Press | 05.03.24

CALGARY — Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand.

By The Canadian Press | 05.03.24

S&P/TSX composite up, U.S. stock markets also higher in late-morning trading

TORONTO — Canada's main stock index was up in late-morning trading, helped by strength in the base metal, telecommunication and utility stocks, while U.S. stock markets also climbed higher.

By The Canadian Press | 05.03.24

TORONTO — Canada's main stock index was up in late-morning trading, helped by strength in the base metal, telecommunication and utility stocks, while U.S. stock markets also climbed higher.

By The Canadian Press | 05.03.24