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Corus Entertainment selling Toon Boom Animation subsidiary for $147.5M

Corus Entertainment selling Toon Boom Animation subsidiary for $147.5M

TORONTO — Corus Entertainment Inc. says it has signed a deal to sell its Montreal-based animation software subsidiary Toon Boom Animation Inc. to Integrated Media Company (IMC) for $147.5 million in cash.
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Popular Prime drink and 5 others that exceed Health Canada's caffeine limits recalled

Popular Prime drink and 5 others that exceed Health Canada's caffeine limits recalled

Six brands of caffeinated drinks have been recalled in Canada, including a popular energy beverage being promoted by social media influencers.
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Barrick sold one million ounces of gold and 101 million pounds of copper in Q2

Barrick sold one million ounces of gold and 101 million pounds of copper in Q2

TORONTO — Barrick Gold Corp. says it is on track to achieve its full-year copper and gold guidance after it sold one million ounces of gold and 101 million pounds of copper in the second quarter, based on its preliminary results.
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Royal LePage says average home price down 0.7% year-over-year in second quarter

Royal LePage says average home price down 0.7% year-over-year in second quarter

TORONTO — A report by Royal LePage says the average home price in Canada in the second quarter edged lower compared with a year ago. The firm's house price survey says the aggregate price of a home in Canada was down 0.
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Police say there's no sign of crime by BBC anchor who allegedly paid teen for sexual photos

Police say there's no sign of crime by BBC anchor who allegedly paid teen for sexual photos

LONDON (AP) — There’s no evidence a BBC presenter who allegedly paid a teenager for sexually explicit photos committed a crime, London police said Wednesday as the broadcaster's wife publicly identified him for the first time as veteran news anchor H
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Rodriguez leaves door open to regulating Meta's new social media platform Threads

Rodriguez leaves door open to regulating Meta's new social media platform Threads

Canada's heritage minister is leaving the door open to regulating new social media platform Threads under a bill forcing Google and Meta to pay publishers for content they link to or repurpose.
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Laurentian Bank shares soar after it announced a review of strategic options

Laurentian Bank shares soar after it announced a review of strategic options

TORONTO — Shares of Laurentian Bank of Canada soared more than 30 per cent in early trading Wednesday after the bank said it was conducting a review of its strategic options to maximize shareholder value.
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Domino's signs deal with Uber Eats in a bid to make more dough

Domino's signs deal with Uber Eats in a bid to make more dough

If you can't beat them, join them. In a major reversal, Domino’s Pizza said Wednesday it’s partnering with Uber Eats to make deliveries in the U.S. and 27 international markets.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,070.77, up 192.21): Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.91 per cent, to $48.59 on 8.7 million shares.
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S&P/TSX composite up almost 200 points, U.S. stock markets also rise

S&P/TSX composite up almost 200 points, U.S. stock markets also rise

TORONTO — Canada's main stock index was up almost 200 points Wednesday on broad-based gains led by utilities and base metals after the central bank raised interest rates to five per cent, while U.S.
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