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RioCan pulls financial support for some properties in Hudson's Bay joint venture

RioCan pulls financial support for some properties in Hudson's Bay joint venture

TORONTO — RioCan Real Estate Investment Trust says it's cutting financial ties to five properties held in its joint venture with the now-defunct Hudson's Bay as it works to move past the debacle as quickly as possible.
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Third 16-year-old charged with murder in Toronto stabbing of 14-year-old

Third 16-year-old charged with murder in Toronto stabbing of 14-year-old

TORONTO — A third 16-year-old boy has been charged with first-degree murder after a 14-year-old boy was fatally stabbed last month in Toronto's east end. Toronto police said paramedics responded to reports of a stabbing shortly after 10 p.m.
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Weak July jobs report highlights tough summer for youth but little tariff impact

Weak July jobs report highlights tough summer for youth but little tariff impact

OTTAWA — Canadian job seekers and young workers are struggling through the dog days of summer even as the labour market shows limited strain from U.S. tariffs.
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American company Lyten interested in purchasing Northvolt battery plant in Quebec

American company Lyten interested in purchasing Northvolt battery plant in Quebec

MONTREAL — Lyten, an American company, has announced it hopes to purchase the Northvolt battery plant in Quebec. This comes after the company shared Thursday it entered into a deal buy Northvolt's assets in Sweden and Germany.
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Average asking rents fall annually for 10th straight month to $2,121: report

Average asking rents fall annually for 10th straight month to $2,121: report

TORONTO — The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases and the largest drop of 2025 so far. The latest monthly report from Rentals.
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Here's a quick glance at unemployment rates for July, by Canadian city

Here's a quick glance at unemployment rates for July, by Canadian city

OTTAWA — The national unemployment rate was 6.9 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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Here's a quick glance at unemployment rates for July, by province

Here's a quick glance at unemployment rates for July, by province

OTTAWA — Canada's national unemployment rate was 6.9 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.5 per cent (9.9) _ Prince Edward Island 8.
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National employment numbers for July from Statistics Canada, at a glance

National employment numbers for July from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's July employment figures (numbers from the previous month in brackets): Unemployment rate: 6.9 per cent (6.9) Employment rate: 60.7 per cent (60.9) Participation rate: 65.2 per cent (65.
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Insurance giant Sun Life Financial's second-quarter profit up 11% to $716 million

Insurance giant Sun Life Financial's second-quarter profit up 11% to $716 million

TORONTO — Sun Life Financial Inc. says its second-quarter profit was up 11 per cent from last year. The Toronto-based insurer says it earned $716 million in its second quarter, up from $646 million a year prior.
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Pembina Pipeline's earnings down 13% in Q2 as its revenue also falls

Pembina Pipeline's earnings down 13% in Q2 as its revenue also falls

CALGARY — Pembina Pipeline Corp. says its second-quarter earnings dropped by 13 per cent from last year as its revenue also ticked down.
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