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Toronto mayor declines to offer substantive comment on alleged crack video
Associated PressTORONTO (AP) — Toronto Mayor Rob Ford continued to duck questions Tuesday about a video that purportedly shows him smoking crack cocaine despite calls by allies and rivals for further comment. The video has not been released publicly and there is...Tags: Cocaine, Trials, Toronto (Canada), FBI, Toronto Star
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Toronto mayor silent on crack allegations, loses casino vote
ReutersBy Julie Gordon TORONTO, May 21 (Reuters) - Toronto's mayor, facing allegations that he has been caught on video smoking crack cocaine, saw his dreams of a building a full-service casino in the heart of Canada's largest city dashed on Tuesday, as council...Tags: Cocaine, Elections, Toronto (Canada), Gawker Media, Local Elections
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Bank of Canada's Carney says Europe needs big reforms
ReutersMONTREAL (Reuters) - Europe could face a decade of stagnation unless it makes big reforms and it should heed the lessons of Japan, Bank of Canada Governor Mark Carney said on Tuesday as he highlighted Japan's bold moves to bolster growth. In his final...Tags: Money and Monetary Policy, G20, Exports, England, Montreal (Canada)
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Bank on Montreal says U.S. ambassador to become vice-chairman
ReutersTORONTO, May 21 (Reuters) - U.S. Ambassador to Canada David Jacobson will join Bank of Montreal as vice-chairman after he leaves his diplomatic post and will work in the bank's U.S. division, BMO said on Tuesday. BMO, Canada's fourth-largest bank, said...Tags: Bank of Montreal, Montreal (Canada), U.S. Embassy
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Carney agrees with King: Bank of England not a "one-man show"
Reuters* BoE head urged Carney not to import BoC forward guidance * Carney says King is right that BoE is a team effort * Says as much to do on financial reform as has been done By Leila Lemghalef MONTREAL, May 21 (Reuters) - The next head of the Bank of...Tags: Money and Monetary Policy, G20, United Kingdom, England, Montreal (Canada)
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CANADA STOCKS-TSX ends higher as major sectors rally, data helps
ReutersTORONTO, May 21 (Reuters) - Canada's main stock index jumped more than 1 percent on Tuesday, supported by gains in most major sectors and optimism following positive economic data from Europe. The Toronto Stock Exchange's S&P/TSX composite index...Tags: Stock Market, Toronto (Canada), Toronto Stock Exchange
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Scotiabank says China reevaluating Guangzhou deal
ReutersBy Cameron French TORONTO, May 21 (Reuters) - Bank of Nova Scotia Chief Executive Rick Waugh said on Tuesday that Chinese authorities are reevaluating whether they want to go ahead with a deal to sell 20 percent of Bank of Guangzhou to the Canadian...Tags: Guangzhou (China), China, Bank of Nova Scotia, Toronto (Canada)
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CANADA STOCKS-TSX opens higher on stronger resources, positive data
ReutersTORONTO, May 21 (Reuters) - Canada's main stock index opened higher on Tuesday on strength in shares of gold and energy producers, as well as optimism following positive economic data from Europe. The Toronto Stock Exchange's S&P/TSX composite index was...Tags: Stock Market, Toronto (Canada), Toronto Stock Exchange
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CANADA STOCKS-TSX rises 1 pct as most sectors rally; positive data boosts
ReutersTORONTO, May 21 (Reuters) - Canada's main stock index rose to its highest in 1-1/2 months on Tuesday, fueled by gains in almost all major sectors and optimism following positive economic data from Europe. The Toronto Stock Exchange's S&P/TSX composite...Tags: Stock Market, Toronto (Canada), Toronto Stock Exchange
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Canada bank regulator says watching housing risk, pleased so far
ReutersBy Andrea Hopkins TORONTO, May 21 (Reuters) - Canada's top banking regulator said on Tuesday she is focused on the risk Canada's big banks face from low interest rates and real estate lending, but is happy that the housing market is moving into more...Tags: Money and Monetary Policy, Real Estate, Services and Shopping, Toronto-Dominion Bank, Toronto (Canada)
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Embraer books 'milestone' SkyWest deal worth up to $8.3 billion
ReutersSAO PAULO (Reuters) - SkyWest Inc , the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA , in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion. "This is...Tags: Career and Workplace, Embraer SA, Delta Air Lines, SkyWest Incorporated, Air Transportation Industry
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Toronto mayor urged to step down if crack allegations true
ReutersBy Julie Gordon TORONTO, May 20 (Reuters) - The mayor of Canada's largest city, facing allegations that he smoked crack cocaine, and made racial and homophobic slurs on video, must either refute the accusations or step down, fellow city politicians say....Tags: Cocaine, Career and Workplace, Elections, Labor Legislation, Toronto (Canada)
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