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Toronto Raptors make two deals ahead of NBA trade deadline

Toronto Raptors make two deals ahead of NBA trade deadline

TORONTO — The Toronto Raptors tied up some loose ends ahead of the NBA's trade deadline, making deals with the Utah Jazz and Brooklyn Nets. Guard Ochai Agbaji and Canadian centre Kelly Olynyk were sent to Toronto from Utah for guard Kira Lewis Jr.

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 (20,919.64, down 49.54 points): Enbridge Inc. (TSX:ENB). Energy. Down 15 cents, or 0.32 per cent, to $46.20 on 10.3 million shares.
Fairfax Financial shares down after report by short seller Muddy Waters Research

Fairfax Financial shares down after report by short seller Muddy Waters Research

TORONTO — Shares of Fairfax Financial Holdings Ltd. were down almost 12 per cent Thursday after a short seller alleged the company manipulated asset values.
S&P/TSX composite down almost 50 points, U.S. stock markets post gains

S&P/TSX composite down almost 50 points, U.S. stock markets post gains

TORONTO — Canada's main stock index posted a small loss Thursday as weakness in telecom and utilities stocks weighed on the market, while U.S. markets made gains. The S&P/TSX composite index was down 49.54 points at 20,919.64.
Sun Life CEO optimistic on Canadian dental plan potential

Sun Life CEO optimistic on Canadian dental plan potential

TORONTO — Sun Life Financial Inc.'s chief executive says the potential upside of operating the new Canadian dental care plan outweighs the risks as the insurer pushes further into the health benefits space.
Court of Appeal for Ontario set to release Bill 124 ruling on Monday

Court of Appeal for Ontario set to release Bill 124 ruling on Monday

TORONTO — Ontario's Appeal Court is set to release its ruling on a provincial wage restraint law known as Bill 124 on Monday. The 2019 law capped salary increases for public sector workers to one per cent a year for three years.

Mining company to build two processing plants in Timmins, Ont.

Two massive processing facilities will be built in northeastern Ontario, mining company Canada Nickel said Thursday, as the province gears up its end-to-end electric vehicle battery manufacturing chain.
BCE slashes 9% of workforce, puts blame at the feet of regulators and policymakers

BCE slashes 9% of workforce, puts blame at the feet of regulators and policymakers

TORONTO — The parent company of Bell Canada announced it is slashing nine per cent of its workforce and could further scale back network spending as it remains at loggerheads with the CRTC over what it calls "predetermined" regulatory direction.
Cineplex posts Q4 loss despite theatre audience boost from Taylor Swift

Cineplex posts Q4 loss despite theatre audience boost from Taylor Swift

TORONTO — Taylor Swift delivered massive audiences to global movie theatres as 2023 wound down, but it wasn't enough to keep Canada's largest cinema chain from posting a loss in its most recent quarter. Cineplex Inc.
Thomson Reuters reports Q4 profit and revenue up, raises quarterly dividend

Thomson Reuters reports Q4 profit and revenue up, raises quarterly dividend

TORONTO — Thomson Reuters Corp. raised its dividend by 10 per cent as it reported its fourth-quarter profit more than tripled compared with a year earlier and its revenue also climbed higher.