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TD Bank hit with $9.2M penalty after failing to report suspicious transactions

TD Bank hit with $9.2M penalty after failing to report suspicious transactions

TORONTO — Canada’s financial-crime watchdog has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S.
Cadence Weapon takes aim at the algorithm in technology-critical album

Cadence Weapon takes aim at the algorithm in technology-critical album

TORONTO — Rollie Pemberton predicted the rise of the machines, he just didn’t expect it would happen so quickly.
April auto sales jump 14 per cent; still below pre-pandemic levels: DesRosiers

April auto sales jump 14 per cent; still below pre-pandemic levels: DesRosiers

TORONTO — DesRosiers Automotive Consultants Inc. says April car sales were up 14 per cent compared with the same month last year, though they're still below levels seen pre-pandemic.
Centralized market would help community bonds scale up: report

Centralized market would help community bonds scale up: report

TORONTO — An innovative funding model for community groups could grow to become more mainstream through better co-ordination and awareness, said a new report out Thursday.
Young investors more likely to switch advisers, citing high fees: J.D. Power survey

Young investors more likely to switch advisers, citing high fees: J.D. Power survey

TORONTO — Traditional wealth management firms are at an increasing risk of losing younger clients, particularly as new rules to make investment fees more transparent loom, a new survey shows. An investor satisfaction study released Thursday by J.D.
Thomson Reuters reports Q1 revenue up, raising revenue guidance for full year

Thomson Reuters reports Q1 revenue up, raising revenue guidance for full year

TORONTO — Thomson Reuters Corp. reported lower profits but a rise in revenue in its first quarter as it also modestly raised its expectations for revenue growth for the year. The company says it now expects total revenue growth for 2024 of between 6.
Toronto athlete named to Olympic refugee team for Paris

Toronto athlete named to Olympic refugee team for Paris

TORONTO — A judo athlete who trains in Toronto has been named to the Olympic refugee team for the Paris Games. Nigara Shaheen was among 36 athletes from 11 different countries introduced by the International Olympic Committee on Thursday.

Toronto clinches top spot in PWHL with 4-1 win over Minnesota

TORONTO (AP) — Natalie Spooner scored twice and Toronto clinched first place in the inaugural season of the Professional Women’s Hockey League with a 4-1 win over Minnesota on Wednesday night.
Toronto clinches top spot in PWHL with 4-1 win over Minnesota

Toronto clinches top spot in PWHL with 4-1 win over Minnesota

TORONTO — With the regular season coming to a close, Toronto checked off one box in its list of goals for the season.

OHL roundup: Battalion stay alive, beat Generals 5-4 in OT

NORTH BAY, Ont. — Sandis Vilmanis's second goal of the game, scored at 6:02 of overtime, lifted the North Bay Battalion to a 5-4 victory over the visiting Oshawa Generals in the Ontario Hockey League's Eastern Conference final series on Wednesday.