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OSC withdraws some charges against former CannTrust leaders at pretrial hearing

OSC withdraws some charges against former CannTrust leaders at pretrial hearing

VAUGHAN, Ont. — Three former CannTrust Holdings Inc. leaders accused of securities offences have had some charges dropped, the Ontario Securities Commission said Tuesday, though the fraud charges remain.
Prosecutors suggest Hedley frontman lied about having consensual sex with teen, woman

Prosecutors suggest Hedley frontman lied about having consensual sex with teen, woman

TORONTO — Prosecutors in Jacob Hoggard's sexual assault trial suggested Wednesday that the Hedley frontman lied about his encounters with a teenage fan and a young woman, pointing to several other instances in which he lied to get out of "difficult s
Fed officials signal rates may head to 'restrictive' levels

Fed officials signal rates may head to 'restrictive' levels

WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high .
Journalists face 'alarming' levels of stress, trauma and harassment, report suggests

Journalists face 'alarming' levels of stress, trauma and harassment, report suggests

OTTAWA — Members of Canada's news industry are suffering "alarming" levels of work-related stress and trauma, a new report suggests, and researchers are calling for better supports to help journalists cope with covering COVID-19 and other crises.
UK's Prince Charles visits Ukrainian refugees in Romania

UK's Prince Charles visits Ukrainian refugees in Romania

BUDAPEST, Hungary (AP) — Britain's Prince Charles traveled to Romania's capital Wednesday to visit refugees, mostly women and children, from Russia’s war in Ukraine who have found safety in the neighboring Eastern European country.
BMO reports profit up as loan growth continues, expenses also creep higher

BMO reports profit up as loan growth continues, expenses also creep higher

TORONTO — BMO Financial Group said Wednesday that loan growth remained strong in the second quarter as businesses kept investing and residential mortgages were up, but that it is also ramping up its risk assessments as economic pressures including in
After digital asset crash, Canadian crypto companies look to the future

After digital asset crash, Canadian crypto companies look to the future

TORONTO — The digital asset industry has seen nearly US$2 trillion in market value wiped out over the last several months — a staggering US$300 billion during the week of May 9 alone — but some crypto watchers see this moment as an opportunity for th
'Elvis' makes a splash at Cannes Film Festival premiere

'Elvis' makes a splash at Cannes Film Festival premiere

CANNES, France (AP) — Baz Luhrmann’s “Elvis” brought hip-shaking swagger to the Cannes Film Festival on Wednesday, debuting a grand and glitzy portrait of the Memphis rock ‘n’ roll legend on the French Riviera.
Turkey demands 'concrete steps' to back Nordics' NATO bids

Turkey demands 'concrete steps' to back Nordics' NATO bids

ANKARA, Turkey (AP) — A senior Turkish official insisted after talks with Swedish and Finnish officials Wednesday that Turkey would not agree to the two Nordic countries joining NATO unless specific steps are taken to address Ankara's objections.
UK's Johnson faulted for lockdown parties but won't quit

UK's Johnson faulted for lockdown parties but won't quit

LONDON (AP) — An investigative report released Wednesday blamed British Prime Minister Boris Johnson and other senior leaders for allowing boozy government parties that broke the U.K.