Ontario News

TORONTO — Intact Financial Corp. says it earned $163 million in the third quarter, less than half its earnings a year ago when it brought in $375 million. The company says earnings worked out to 83 cents per share, down from $2.

TORONTO — Indigo Books & Music Inc. reported a net loss of $22.4 million in its second quarter, compared with a net loss of $15.9 million a year earlier. Revenue for the Toronto-based retailer totalled $206.9 million, down from $236.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,575.59, down 168.35 points): Crescent Point Energy Corp. (TSX:CPG). Energy. Down $1.08, or 9.87 per cent, to $9.86 on 14.

TORONTO — The sexual assault case against Peter Nygard is built on a "false narrative" created by women whose testimony was not credible, his lawyer argued on Tuesday while the Crown urged the jury to reject the former fashion mogul's "blanket denial

TORONTO — Losses in the energy sector dragged Canada's main stock index down Tuesday, while U.S. markets rose, led by gains on the Nasdaq. The S&P/TSX composite index closed down 168.35 points at 19,575.59.

TORONTO — While Canada’s largest telecom company is set to slash spending on its fibre network expansion, industry stakeholders say phone carriers will need to boost their network investments amid forecasts that data consumption could double by 2027.

TORONTO — Ashtone Morgan credits then-assistant coach Jason Bent for setting him on the right path when he signed his first contract with Toronto FC.

TORONTO — A newly placed statue of the late Queen Elizabeth was unveiled Tuesday at the Ontario legislature, marking the end of a years-long delay for the commemorative sculpture.

TORONTO — WeWork Inc. is seeking an early exit of several Canadian leases as part of bankruptcy proceedings for the once high-flying office sharing company.

TORONTO — The Toronto Arrows have re-signed captain Lucas Rumball, the Major League Rugby franchise's first-ever signing. The 28-year-old flanker returns for a sixth season with his hometown club.