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Sun Life reports Q3 net income of $466 million, down 54 per cent from last year

Sun Life reports Q3 net income of $466 million, down 54 per cent from last year

TORONTO — Sun Life Financial Inc. says its profit was down 54 per cent in the third quarter compared with a year earlier due to general market declines, and also recorded a $170 million charge related to its sale of Sun Life UK.
Spin Master sees revenues drop 12.7 per cent as consumers battle inflation

Spin Master sees revenues drop 12.7 per cent as consumers battle inflation

TORONTO — Spin Master Corp. says it earned US$141.4 million in the third quarter of 2022, or $1.33 cents per diluted share, compared with earnings of $135.3 million a year earlier. The Toronto-based toy and entertainment company, which reports in U.
GFL raises guidance as revenue up 33 per cent in third quarter, net loss decreases

GFL raises guidance as revenue up 33 per cent in third quarter, net loss decreases

VAUGHAN, Ont. — GFL Environmental Inc. reported a revenue increase of almost 33 per cent at $1.8 billion for the third quarter of 2022, up from a year earlier and raised its guidance for the year on the strength of those gains. The Vaughan, Ont.

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 (19,277.01, down 240.70 points): Barrick Gold Corp. (TSX:ABX). Materials. Down 98 cents, or 4.76 per cent, to $19.60 on 12.
Thunder Bay police chief tells custody deaths inquest that force lacked compassion

Thunder Bay police chief tells custody deaths inquest that force lacked compassion

Officers with Thunder Bay police had a "lack of human compassion" for people they were interacting with at the time when two men died of medical conditions while in custody, the force's acting police chief told an inquest on Wednesday.

Toronto police identify suspect in shooting outside school that killed one person

Toronto police have identified a 17-year-old suspect wanted in connection with a shooting outside a high school in the city's east end that left one dead Monday. Police say the shooting took place outside Woburn Collegiate Institute around 3:20 p.m.
S&P/TSX composite index, U.S. markets down on Fed rate hike

S&P/TSX composite index, U.S. markets down on Fed rate hike

TORONTO — Canada's main stock index was down more than 240 points by the end of Wednesday after a late-afternoon slump, while U.S. markets took a similar tumble, after another outsized rate hike by the Federal Reserve.
Ontario education workers to strike starting Friday 'until further notice': union

Ontario education workers to strike starting Friday 'until further notice': union

TORONTO — A union representing 55,000 Ontario education workers has indicated that a strike planned for Friday will continue indefinitely, potentiallyclosing many schools across the province, but the government is refusing to negotiate further unless
Ontario's top doc weighs bad upcoming flu season in decision on mask recommendations

Ontario's top doc weighs bad upcoming flu season in decision on mask recommendations

TORONTO — The "triple threat" of a bad flu season, COVID-19 and the resurgence of a childhood viral illness is putting a strain on the health system, Ontario's top doctor said Wednesday,with a decision on masking recommendations possibly coming in a
Lilly Singh to host new CTV quiz show 'Battle of the Generations'

Lilly Singh to host new CTV quiz show 'Battle of the Generations'

TORONTO — Canadian entertainer Lilly Singh has been tapped to host CTV’s new prime-time quiz show "Battle of the Generations.