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S&P/TSX up more than 1%, U.S. markets rally to new heights one day after rate cut

S&P/TSX up more than 1%, U.S. markets rally to new heights one day after rate cut

TORONTO — Canada's main stock index gained more than one per cent on Thursday, while U.S. stock markets rallied to new records a day after the U.S. Federal Reserve cut its key interest rate.
Cannabis retailer Tokyo Smoke starts stalking horse sales process

Cannabis retailer Tokyo Smoke starts stalking horse sales process

TORONTO — Cannabis retailer Tokyo Smoke says it has begun a stalking horse sales process. The sales process allowed by parent company TS Investments Corp. has priced the beleaguered business at $77 million.
Hot Docs says it's reopening theatre on a limited basis, searching for new leader

Hot Docs says it's reopening theatre on a limited basis, searching for new leader

TORONTO — The beleaguered Hot Docs Film Festival says it will reopen its flagship Toronto theatre on a limited basis as it embarks on a search for a new leader this fall.
Métis Nation Saskatchewan leaves national council, cites concerns with Ontario group

Métis Nation Saskatchewan leaves national council, cites concerns with Ontario group

OTTAWA — The Métis Nation of Saskatchewan has pulled out of a national body representing Métis, citing problems with the Métis Nation of Ontario.
Woman dead after vehicle crashes with school bus in Thunder Bay, no kids hurt

Woman dead after vehicle crashes with school bus in Thunder Bay, no kids hurt

THUNDER BAY, Ont. — Police say a woman is dead after her vehicle crashed with a school bus in Thunder Bay, Ont. Investigators say no students on the bus were hurt. Police say the crash took place just after 8 a.m. on Thursday.
Climate, food security, Arctic among Canada's intelligence priorities, Ottawa says

Climate, food security, Arctic among Canada's intelligence priorities, Ottawa says

OTTAWA — The pressing issues of climate change and food security join more familiar ones like violent extremism and espionage on a new list of Canada's intelligence priorities.
Far-right Rebel News not eligible for journalism tax credits, Federal Court rules

Far-right Rebel News not eligible for journalism tax credits, Federal Court rules

OTTAWA — A Federal Court judge has upheld the government's decision that far-right media outlet Rebel News doesn't qualify for journalism tax credits because it doesn't produce enough original news content.
Injury-plagued season continues for Jays' Bichette, now out with fractured finger

Injury-plagued season continues for Jays' Bichette, now out with fractured finger

TORONTO — Toronto Blue Jays shortstop Bo Bichette returned to the 10-day injured list Thursday due to a right middle finger fracture. The move, retroactive to Wednesday, essentially ends an injury-plagued season for Bichette.
TD CEO Masrani to retire next year, Chun named successor as U.S. probes continue

TD CEO Masrani to retire next year, Chun named successor as U.S. probes continue

TORONTO — TD Bank Group, which is mired in a money laundering scandal in the U.S., said Raymond Chun will replace chief executive Bharat Masrani who is retiring next year.
Ontario ends 2023-24 with nearly balanced budget, partly due to international tuition

Ontario ends 2023-24 with nearly balanced budget, partly due to international tuition

TORONTO — Ontario ended the 2023-24 fiscal year with a nearly balanced budget, in part due to higher-than-expected revenue from international student tuition at colleges.