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Business groups walk back claim on share of Canadians hit by capital gains changes

Business groups walk back claim on share of Canadians hit by capital gains changes

OTTAWA — Prominent business groups have backtracked their claim that one in five Canadians would be affected by the federal government's proposed changes to capital gains taxation.
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 (22,375.83, up 116.67 points): Enbridge Inc. (TSX:ENB). Energy. Down one cent, or 0.02 per cent, to $51.14 on 12.3 million shares.
S&P/TSX composite posts new record Thursday, U.S. markets also rise

S&P/TSX composite posts new record Thursday, U.S. markets also rise

TORONTO — Canada's main stock index rose to a new record high, led by strength in energy, telecom and base metals, while U.S. markets also moved higher. The S&P/TSX composite index closed up 116.67 points at 22,375.83.
WSP Global's acquisition hunt far from over after ‘consolidation’ phase: CEO

WSP Global's acquisition hunt far from over after ‘consolidation’ phase: CEO

MONTREAL — WSP Global expects to continue its acquisition spree after snapping up several more companies in the first part of the year.
B.C. cyber attack: Minister says police probing bid to breach government systems

B.C. cyber attack: Minister says police probing bid to breach government systems

VICTORIA — Police are involved in the investigation into a sophisticated attempt to breach protected British Columbia government information systems, Solicitor General Mike Farnworth said Thursday. But Farnworth, who is also B.C.
Stock market today: Wall Street rises to pull S&P 500 back within 1% of its record

Stock market today: Wall Street rises to pull S&P 500 back within 1% of its record

NEW YORK (AP) — U.S. stocks rose to pull the S&P 500 back within 1% of its record following a rough April. The index climbed 0.5% Thursday. The Dow Jones Industrial Average rose 0.8%, and the Nasdaq composite gained 0.3%.
Competition Bureau to launch market study of Canadian airline sector

Competition Bureau to launch market study of Canadian airline sector

OTTAWA — Canada's Competition Bureau says it will begin a market study focused on the Canadian airline sector. It will look into the state of competition in the airline industry and how governments can make improvements.
Quebecor reviewing part of wireless expansion plans following CRTC ruling, CEO says

Quebecor reviewing part of wireless expansion plans following CRTC ruling, CEO says

Quebecor Inc. chief executive Pierre Karl Péladeau is blaming the federal telecommunications regulator as his company reconsiders part of its mobile expansion plans.
How social media has amplified and accelerated Drake and Kendrick Lamar's rap battle

How social media has amplified and accelerated Drake and Kendrick Lamar's rap battle

TORONTO — The ongoing battle between Drake and Kendrick Lamar is playing out in superspeed on social media platforms and streaming services, exemplifying how modern technology amplifies and accelerates the competition at the heart of hip-hop culture.
Additional suspect arrested in $24M gold and cash heist at Toronto Pearson

Additional suspect arrested in $24M gold and cash heist at Toronto Pearson

Police have made an additional arrest in a heist of nearly $24 million in gold and cash from Toronto's Pearson airport a year ago. Peel regional police say a 36-year-old man from Brampton, Ont.