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US seizes virtual currency alleged to fund militant groups

US seizes virtual currency alleged to fund militant groups

WASHINGTON — The Justice Department said Thursday that it has seized millions of dollars from cryptocurrency accounts that militant groups, including al-Qaida and the Islamic State, relied on to finance their organizations and violent plots.
Freshii sees $525K net loss in second quarter amid COVID-19 pandemic

Freshii sees $525K net loss in second quarter amid COVID-19 pandemic

TORONTO — Freshii Inc. reported a roughly half-million second-quarter loss amid the COVID-19 pandemic that saw many of its restaurants temporarily close.
Stronach family settles feud that divided founder Frank and daughter Belinda

Stronach family settles feud that divided founder Frank and daughter Belinda

TORONTO — A high-profile feud among members of the Stronach family has been resolved out of court, ending a potentially messy legal drama.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,530.06, down 45.22 points) Manulife Financial Corp. (TSX:MFC). Financials. Down 16 cents, or 0.78 per cent, to $20.39 on 13.
S&P/TSX composite drops on energy sector weakness, U.S. indexes mixed

S&P/TSX composite drops on energy sector weakness, U.S. indexes mixed

TORONTO — The energy sector weighed down Canada's main stock index Thursday and south of the border, the S&P 500 continued to finish the trading day tantalizingly close to an all-time high. The S&P/TSX composite index lost 45.
As economy recovers, some Toronto restaurants commit to end tipping

As economy recovers, some Toronto restaurants commit to end tipping

TORONTO — As the Canadian economy continues to adapt to the reality of the COVID-19 pandemic, some restaurants in Toronto are saying goodbye to a service industry staple: tipping.
Don't get 'casual' about COVID, Ontario's top doctor warns amid resort outbreak

Don't get 'casual' about COVID, Ontario's top doctor warns amid resort outbreak

TORONTO — A COVID-19 outbreak at an Ontario resort earlier this month was the result of people getting "casual" with public health guidelines, the province's top doctor said Thursday. Dr.
Brookfield prepares for governments, private sector to grapple with post-COVID debt

Brookfield prepares for governments, private sector to grapple with post-COVID debt

TORONTO — Brookfield Asset Management Inc.
Key mortgage stress test rate eases, gives borrowers a little more room

Key mortgage stress test rate eases, gives borrowers a little more room

House-hunting Canadians saw their buying power increase this week as the benchmark five-year mortgage rate reported by the Bank of Canada fell for the third time this year, easing a key stress test faced by borrowers.
Energy firm charged with hindering Alberta Energy Regulator facility inspections

Energy firm charged with hindering Alberta Energy Regulator facility inspections

CALGARY — The Alberta Energy Regulator says it has laid charges against Land Petroleum International Inc. and president Bill Fung for hindering AER inspections in 2018.