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Regulator limiting leverage in bank mortgage portfolios

Regulator limiting leverage in bank mortgage portfolios

OTTAWA — Canada's banking regulator says it will be putting limits on how much leverage banks allow in their uninsured mortgage portfolios.
Corus CEO hopeful TV advertisers will return as company posts $9.8M Q2 loss

Corus CEO hopeful TV advertisers will return as company posts $9.8M Q2 loss

TORONTO — Despite a drop in advertising revenue, the chief executive of Corus Entertainment Inc. says he is confident the television and radio broadcaster can draw advertisers back as it focuses more on growing digital and streaming audiences.
Toronto airports authority announces 'decade-long investment' in Pearson Airport

Toronto airports authority announces 'decade-long investment' in Pearson Airport

Toronto’s airports authority has announced a multibillion-dollar plan to update and modernize Toronto Pearson Airport.
US consumer sentiment falls slightly as outlook for inflation worsens

US consumer sentiment falls slightly as outlook for inflation worsens

WASHINGTON (AP) — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans' outlook largely unchanged this year.
JPMorgan again warns investors about "uncertain" year ahead. Big banks issue mixed profit reports

JPMorgan again warns investors about "uncertain" year ahead. Big banks issue mixed profit reports

NEW YORK (AP) — JPMorgan Chase continued to warn investors Friday that it expects a “uncertain” year for markets and the global economy, citing stubbornly high inflation and ongoing geopolitical tensions.
Walmart Canada says robots are coming to two Ontario warehouses, but jobs not at risk

Walmart Canada says robots are coming to two Ontario warehouses, but jobs not at risk

In a Calgary warehouse almost as big as eight football fields, an army of robots whir about, carrying massive quantities of merchandise bound for Walmart Canada customers.
Oakland officials vote to include ‘San Francisco’ in airport's name

Oakland officials vote to include ‘San Francisco’ in airport's name

SAN FRANCISCO (AP) — Oakland officials have voted in favor of changing the name of the city’s airport to San Francisco Bay Oakland International Airport, despite San Francisco threatening a lawsuit over what it says is a trademark violation.
Manulife names Katy Boshart as CEO of banking unit

Manulife names Katy Boshart as CEO of banking unit

TORONTO — Manulife Financial Corp. says Katy Boshart will take on the role of CEO at Manulife Bank of Canada starting next week. Boshart comes to the firm from TD Bank, where she most recently led its customer engagement platforms division.
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 (22,110.11, down 89.02 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 30 cents, or 0.38 per cent, to $79.06 on 11.
S&P/TSX composite dragged lower by energy, U.S. stock mixed as tech soars

S&P/TSX composite dragged lower by energy, U.S. stock mixed as tech soars

TORONTO — Canada's main stock index moved down Thursday, led lower by weakness in energy and industrial stocks, while U.S. markets were mixed but largely positive as tech stocks rose.