Ontario News

TORONTO — First Quantum Minerals Ltd. says it has agreed to discontinue arbitration proceedings it launched before the International Chamber of Commerce's International Court of Arbitration related to its Cobre Panama mine.

TORONTO — Ontario will spend $35 million to help the Shaw Festival rebuild the Royal George Theatre.

TORONTO — CIBC Global Asset Management says it has entered into a strategic relationship with Indigenous-owned and led asset management firm Longhouse Capital Partners Inc.

TORONTO — Ontario minimum wage earners will be making $17.60 an hour, starting Oct. 1. The provincial government announced today the amount of the annual increase to the minimum wage, which is tied to inflation.

Condos can be fixer-uppers too. Home inspections can warn prospective buyers of upcoming critical costs — such as a new roof or a leaking basement — but buyers in the condo market might not have the same clarity.

TORONTO — Canaccord Genuity Group Inc. has signed a deal to sell its U.S. wholesale market making business to Cantor as part of a plan to sharpen the focus of its U.S. capital markets operations.

BRAMPTON, Ont. — MDA Space Ltd. has signed a deal to buy Israeli company SatixFy Communications Ltd., a maker of chips for satellite communication systems. Under the deal, MDA Space will pay US$2.

BRANTFORD, Ontario (AP) — John Davidson has difficulty remembering the last time Wayne Gretzky visited his childhood home across the street in this small city a couple hours’ drive southwest of Toronto.

BRANTFORD, Ontario (AP) — John Davidson has difficulty remembering the last time Wayne Gretzky visited his childhood home across the street in this small city a couple hours' drive southwest of Toronto.

Hundreds of thousands of people across Ontario were still without power Monday after freezing rain coated swaths of the province with thick layers of ice, with outages expected to last in some areas as storm cleanup continues.