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Financial intelligence agency levies $1.3 million penalty against CIBC

Financial intelligence agency levies $1.3 million penalty against CIBC

TORONTO — Canada's financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures. The penalty, imposed on Oct.
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Porter to become fixture in Raptors rotation as he recovers from lengthy injury

Porter to become fixture in Raptors rotation as he recovers from lengthy injury

TORONTO — Otto Porter Jr. smiled when he heard that Toronto Raptors head coach Darko Rajakovic had called him a calming influence. "That's my job," said Porter.
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Surge in newcomers putting pressure on inflation via housing demand: BoC deputy

Surge in newcomers putting pressure on inflation via housing demand: BoC deputy

WINDSOR, Ont. — The recent surge in newcomers is adding to inflation through housing demand, warning rents and home prices could continue to rise without boosting housing supply, a senior Bank of Canada official said Thursday.
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Roughly half of first-time buyers likely to use first home savings account: BMO poll

Roughly half of first-time buyers likely to use first home savings account: BMO poll

TORONTO — A new survey suggests a little more than half of potential first-time homebuyers are interested in using a first home savings account, even though they don't know much about it.
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Service Ontario employees handed over driver info to car thieves: police

Service Ontario employees handed over driver info to car thieves: police

TORONTO — Police allege information on hundreds of Ontario drivers was secretly handed over to car thieves as part of an auto theft ring that included Service Ontario employees.
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Intact subsidiary RSA selling U.K. home and pet insurance business

Intact subsidiary RSA selling U.K. home and pet insurance business

TORONTO — Insurance company Intact Financial Corp. says its Royal & Sun Alliance Insurance Ltd. subsidiary has signed a deal to sell its U.K. home and pet insurance business to Admiral Group.
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Martin, Robinson lead Heat to 112-103 victory over Raptors

Martin, Robinson lead Heat to 112-103 victory over Raptors

TORONTO — The Toronto Raptors put themselves in holes they just couldn't dig out of Wednesday night. And head coach Darko Rajakovic said discipline, or a lack thereof, was a factor.
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Martin has season-high 24 points and career-high 12 rebounds as Heat beat Raptors 112-103

TORONTO (AP) — Caleb Martin had a season-high 24 points and a career-best 12 rebounds, Duncan Robinson scored 10 of his 21 points in the fourth quarter and the Miami Heat beat the Toronto Raptors 112-103 on Wednesday night.
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Ontario's Craigleith to host World Cup snowboard slaloms in February

COLLINGWOOD, Ont. — Ontario's Craigleith Ski Club will host double snowboard World Cup slalom events in February. FIS, the world governing body of skiing, announced Wednesday on its website that the private alpine ski resort near Collingwood, Ont.
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Minister says no decisions made on 'potential' dissolution of Peel Region

Minister says no decisions made on 'potential' dissolution of Peel Region

TORONTO — Ontario's municipal affairs and housing minister said Wednesday he has not yet made any decisions on the break up of Peel Region, though he is now calling it a "potential" dissolution.
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