Ontario News

TORONTO — Canada's main stock index fell almost one per cent Monday, weighed down by losses in energy, technology and utilities, while U.S. markets were mixed. The S&P/TSX composite index closed down 231.41 points at 24,536.32.

TORONTO — Toronto FC has sold Thiago Andrade, completing a paper trek that has seen the Brazilian winger traded from New York City FC to San Diego FC, TFC and now Japan's Cerezo Osaka in less than five weeks.

Kingston police say a local waste management facility was evacuated Saturday afternoon after workers found a live grenade in a scrap metal container.

TORONTO — A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion.

OTTAWA — The federal government has settled a class-action lawsuit with military members who were subjected to racism during their time in the Armed Forces.

OTTAWA — The Canadian Paralympic Committee announced Monday that a total of $535,000 was awarded to Canadian athletes for their achievements at the 2024 Paris Paralympics.

The City of Toronto is proposing to increase property taxes by 6.9 per cent this year to help fund its $18.8 billion operating budget for 2025. The proposed hike includes a tax increase of 5.

BRANTFORD, Ont. — A group led by Edmonton Oilers forward Zach Hyman and his family have purchased the Ontario Hockey League's Brantford Bulldogs.

TORONTO — The U.S. Securities and Exchange Commission says BMO has agreed to pay more than US$40 million to settle charges related to the bank's alleged supervision failure in bond selling.

OTTAWA — The cost to send a letter in Canada is increasing by about 25 per cent, effective today. Canada Post says the cost of stamps for domestic mail bought in a booklet, coil or pane has increased by 25 cents to $1.24 per stamp.