Ontario News

TORONTO — Best Buy, one of the country's largest consumer electronics retailers, is laying off about 0.7 per cent of its workforce, estimated to be about 700 employees.

TORONTO — The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent — the highest it's been since 2007.

TORONTO — A Postmedia Network Corp. memo obtained by The Canadian Press shows the newspaper publisher has shuffled editors of its Prairies papers a day after it announced 11 per cent of staff would be laid off.

TORONTO — Tennis champion Serena Williams and "Frozen" star Kristen Bell are among the names joining the Paw Patrol movie sequel.

TORONTO — A Toronto woman has been charged with attempted murder and other offences after a stabbing on a city streetcar left another woman with injuries to her head and face. Toronto police say officers were called around 2 p.m.

TORONTO — Canadians who watched the cost of taking out a mortgage steadily increase over the last year were dealt another blow when the Bank of Canada upped its interest rate to 4.5 per cent Wednesday.

TORONTO — Recent Toronto Six signing Daryl Watts has disclosed her contract terms, and her US$150,000 salary in 2023-24 will be a Premier Hockey League record. The Six signed the 23-year-old from Toronto to a two-year contract last week.

WHITBY, Ont. — Ontario is putting $4.75 million toward expanding a virtual walk-in counselling program for children and youth to access mental health services.

TORONTO — "Jeopardy" champ Mattea Roach will go to bat for a graphic memoir on CBC's "Canada Reads" this year.

TORONTO — The Green Organic Dutchman Holdings Ltd. is changing its name to BZAM Ltd. The cannabis company says it will also change its ticker symbol on the Canadian Securities Exchange to BZAM.