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Onex shareholders approve sunset clause on dual-class shares, Schwartz to step down as CEO
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
Canadian women’s team looks to end HSBC World Rugby Sevens Series season on high note in France
Canada's Bianca Farella looks to tackle Mexico's Daniela Alvarado during the first half of rugby action at the HSBC World Rugby Women's Sevens Series at Starlight Stadium in Langford, B.C., on Saturday, April 30, 2022. Canada will have home-field advantage for this summer's Rugby Americas North Sevens, which serves as the regional qualifier for the 2024 Paris Olympic Games. THE CANADIAN PRESS/Chad Hipolito
Big U.S. lenders to pay billions to replenish bank failure fund
A sign for a Silicon Valley Bank private branch is displayed in San Francisco, Tuesday, March 14, 2023. (AP Photo/Jeff Chiu)
Brookfield Corp. relies on war chest of capital as high interest rates put squeeze on available credit
Pedestrians and office workers walk past the Bay St. entrance to Brookfield Place in Toronto’s Financial District on July 12, 2022. Fred Lum/The Globe and Mail.
Downtown condo relisted, repriced to find a buyer
Done Deal, 50 Lombard St., No. 2001, Toronto
Top Mirror executives covered up unlawful behaviour, Prince Harry’s lawyer says
FILE PHOTO: Britain's Prince Harry walks outside the High Court, in London, Britain March 30, 2023. REUTERS/Toby Melville/File Photo
WSP Global doubles down on green-tinted expansion
Alexandre L’Heureux, president and chief executive officer of WSP Global Inc. poses in their offices in Montreal, Quebec, August 10, 2022. (Christinne Muschi /The Globe and Mail)
Flyers name Keith Jones team president, remove interim tag from GM Daniel Briere
FILE - Philadelphia Flyers NHL hockey team newly appointed Special Assistant to the General Manager, Daniel Briere, arrives for a news conference in Philadelphia, Wednesday, Feb. 9, 2022. The Flyers have named long-time television analyst Keith Jones team president of hockey operations and have removed the interim tag from general manager Danny Briere's title. Jones was a surprise choice Thursday, May 11, 2023, after he spent the last 23 years as an analyst for Flyers telecasts on NBC Sports Philadelphia. (AP Photo/Matt Rourke, File)
Peloton recalls nearly two million exercise bikes over possible issue with seat post
FILE - A Peloton logo is seen on the company's stationary bicycle on Nov. 19, 2019, in San Francisco. Peloton co-founders John Foley and Hisao Kushi have resigned from their roles at the high-end exercise bike maker as the company deals with faltering sales. Shares rose nearly 2% before the market open on Tuesday, Sept. 13, 2022. Foley stepped down as executive chair on Monday, while Kushi will depart from his role as chief legal officer on Oct. 3. (AP Photo/Jeff Chiu, File)
Market movers: Stocks that saw action on Thursday - and why
An interior view of the storage warehouse is seen at Nutrien's Cory potash mine near Saskatoon on Aug. 12, 2019.
U.S. wholesale price data for April point to easing inflationary pressures
A shopper pushes a child in a cart while browsing big-screen televisions on display in the electronics section of a Costco warehouse, Tuesday, March 29, 2022, in Lone Tree, Colo. U.S consumers have so far defied higher prices for gas, food, and rent and have been spending more in 2022, providing crucial support to the economy. How long that can continue will be one of the key factors affecting the economy and inflation this year. (AP Photo/David Zalubowski)
OPEC holds global oil demand forecast steady, cites U.S. debt ceiling risks
FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo
PacWest says it has US$15-billion of immediately available liquidity
LOS ANGELES, CALIFORNIA - MAY 4: A Pacific Western Bank sign is seen on May 4, 2023 in Los Angeles, California. Pacific Western Bank's stock plunged Thursday in the wake of other bank failures. Following an unusual outflow of deposits this week, PacWest Bancorp says it plans to sell a $2.7 billion loan portfolio. (Photo by David McNew/Getty Images)
Alfa Romeo’s first electrified vehicle, the Tonale PHEV, is no watered-down entry-level CUV
The 2024 Alfa Romeo Tonale delivers a best-in-class 285 horsepower with 347 lb-ft of torque.
For travelling actors, County Victorian was a mainstay
Home of the Week, 420 Bloomfield Main, Prince Edward County, Ont.
Formed in 1969, the Legendary Downchild Blues Band still looks for respect
Downchild Promo Photo 2022 Downchild Blues Band promo pic. Most recent, use this Photo
Shell shareholders urged by British pension fund forum to back climate activist group’s resolution
FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James
Michael McCain steps down as Maple Leaf Foods CEO, says he’s optimistic about company’s future
Maple Leaf Foods Inc. reported its fourth-quarter profit fell compared with a year ago as it faced rising labour and production costs. A Maple Leaf Foods employee walks past a Maple Leaf sign at the company's meat facility in Toronto on Monday, December, 15, 2008. THE CANADIAN PRESS/Nathan Denette
China’s slow consumer inflation, deepening factory gate deflation to test policy
A customer shops for vegetables at a supermarket in Hangzhou, in China's eastern Zhejiang province on May 11, 2023. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)
‘Something’s happening’ with Canadian insolvencies: BMO chief economist
The CN Tower and office buildings in Toronto’s Financial District are silhouetted as the sun sets on Nov 7, 2022.
Federal agency struggled to get pharma companies to engage in drug-price reform, memo shows
Minister of Health Jean-Yves Duclos speaks to reporters on the sidelines of the Liberal Convention in Ottawa, on Friday, May 5, 2023. Health Minister Jean-Yves Duclos was warned that pharmaceutical companies had steadfastly refused to engage on drug-price reforms before he urged an independent federal agency to pause those reforms in favour of more consultation, a 2021 memo shows.THE CANADIAN PRESS/Spencer Colby
Crew member’s sudden death no excuse to avoid compensating passengers over delay, EU court says
FILE PHOTO: A TAP Air Portugal plane taxis at Lisbon's airport during the coronavirus disease (COVID-19) outbreak, in Lisbon, Portugal July 17, 2020. REUTERS/Rafael Marchante/File Photo
China’s ban on Canadian beef still in place year-and-a-half later; industry in dark
Cattle at the Thorlakson Feedyards near Airdrie, Alta., Thursday, May 28, 2020. A Chinese ban on Canadian beef that industry officials expected would be short-lived remains in place 17 months later, and industry representatives say they remain in the dark about the reasons. THE CANADIAN PRESS/Jeff McIntosh
Bill Blair says military help on the way to battle Alberta wildfires
Burnt out trucks from a wildfire sit on a property near Drayton Valley, Alta., Wednesday, May 10, 2023. Indigenous Services Canada says wildfires are threatening nine First Nations in Alberta, including the Little Red River Cree Nation, where more than 100 structures have been lost in the community of Fox Creek. THE CANADIAN PRESS/Jason Franson.
What Erdogan’s demonization of a former political ally says about Turkey’s democracy
ISTANBUL, TURKEY - MAY 09: Supporters of Turkey's President Recep Tayyip Erdogan wave national, AK Party and Huda Par flags during a campaign event on May 09, 2023 in Istanbul, Turkey. On May 14th, Turkey’s President Erdogan will face his biggest electoral test as the country goes to the polls in the country’s general election. Erdogan has been in power for more than two decades -- first as prime minister, than as president -- but his popularity has recently taken a hit due to Turkey’s ongoing economic crisis and his government’s handling of series of devastating earthquakes that struck the country’s southeast in early February, killing more than 50,000 people. Meanwhile, the political opposition has united around one candidate, Kemal Kilicdaroglu, who some polls indicate has an edge. (Photo by Burak Kara/Getty Images)
The Liberals can no longer pretend deficits don’t matter
Konrad Yakabuski
Is your smart home too clever for your own good?
FILE PHOTO: Google Home smart speakers, which respond to consumer's voice commands to control devices in the home or to answer questions out loud about topics including the weather, news or local services, in shown in San Francisco, California, U.S., March 28, 2019. Picture taken March 28, 2019. REUTERS/Paresh Dave/File Photo
Hit play Agreement captivates audiences amid simmering divisions
Richard Croxford as Senator George Mitchell with the Good Friday Agreement in Lyric Theatre production of Agreement_credit Carrie Davenport. Agreement, written by Owen McCafferty and directed by Charlotte Westenra at Belfast’s Lyric Theatre
New fighting kills two Palestinian militant commanders, man in Israel as Egypt pursues truce
Palestinians inspect the rubble of the home of Ali Ghali, a senior Islamic Jihad commander, after it was struck by an Israeli airstrike in Khan Younis, southern Gaza Strip, Thursday, May 11, 2023. Early on Thursday, the Israeli military killed Ghali, said to be in charge of the group's rocket force, when it struck his home as part of strikes against the Islamic Jihad militant group. (AP Photo/Fatima Shbair)
Controversy after Quebec teachers replace Mother’s Day with celebration of parents
A woman poses between rows of tulips at the Abbotsford Tulip Festival at Lakeland Flowers, in Abbotsford, British Columbia, Wednesday, May 3, 2023. THE CANADIAN PRESS/Darryl Dyck
RCMP to begin field-testing body cameras ahead of national rollout
An RCMP officer wears a body camera at the detachment in Bible Hill, N.S. on Sunday, April 18, 2021. The RCMP will start field-testing body-worn cameras on its officers in three areas of the country in the coming days. THE CANADIAN PRESS/Andrew Vaughan
EU lawmakers’ committees agree to tougher draft legislation on regulating AI
FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron
One person injured after van transporting oxygen gas canisters explodes in Milan
Fire engines are seen near burnt vehicles as members of emergency services work at the site of an explosion in the centre of Milan, Italy, May 11, 2023. REUTERS/Claudia Greco
Yellen warns U.S. default would threaten global economy, undermine its leadership
US Treasury Secretary Janet Yellen takes questions from journalists during a press conference at the G7 meeting of Finance Ministers and Central Bank Governors at Toki Messe in Niigata on May 11, 2023. (Photo by Shuji Kajiyama / POOL / AFP) (Photo by SHUJI KAJIYAMA/POOL/AFP via Getty Images)
Bank of England raises interest rates to highest level since 2008
FILE PHOTO: People walk outside the Bank of England in the City of London financial district in London, Britain May 11, 2023. REUTERS/Henry Nicholls
Western motion to monitor Sudan abuses ekes past at UN rights body
FILE PHOTO: A man walks while smoke rises above buildings after aerial bombardment, during clashes between the paramilitary Rapid Support Forces and the army in Khartoum North, Sudan, May 1, 2023. REUTERS/Mohamed Nureldin Abdallah/File Photo
Thursday’s analyst upgrades and downgrades
A red light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020.
Morning Update: Biden echoes Trump migration policy as number of asylum-seekers at the Mexican border swells
Migrants are pat down by a Border Patrol agent as they enter into El Paso, Texas from Ciudad Juarez, Mexico, Wednesday, May 10, 2023. (AP Photo/Andres Leighton)
Algonquin Power and Utilities launches strategic review of renewable energy group
Algonquin Power & Utilities Corp. hydroelectric generating facility near the town of Riviere-du-Loup, Quebec in 2010. Handout /Andre Kedl/Algonquin Power
The Liberals’ eight days in May
Prime Minister Justin Trudeau speaks to reporters on Parliament Hill in Ottawa on Tuesday, May 9, 2023. THE CANADIAN PRESS/Sean Kilpatrick
Canadian documentary Twice Colonized might be the most raw, personal film you will see this year
Twice Colonized (Documentary). Renowned Inuit lawyer Aaju Peter who has led a lifelong fight for the rights of her people. When her youngest son unexpectedly passes away, Aaju embarks on a personal journey to bring her colonizers in both Canada and Denmark to justice. Courtesy of Eye Steel Film / Red Marrow Media
Pakistan’s Supreme Court orders release of former PM Imran Khan, after his arrest sparks violence
Policemen detain Pakistan Tehreek-e-Insaf (PTI) party activists and supporters of former Pakistan's Prime Minister Imran Khan during an ongoing protest against the arrest of their leader, in Islamabad on May 11, 2023. The army was on standby across Pakistan on May 11 after the arrest of former prime minister Imran Khan triggered two days of violent protests by his supporters. (Photo by Aamir QURESHI / AFP) (Photo by AAMIR QURESHI/AFP via Getty Images)
Several projects under way to improve internet access in Nunavut
Internet cables connect to a switch on a home network in Chelsea, Que., Monday July 11, 2011. Several projects are underway to improve internet access in Nunavut, which has long been slow, unreliable and costly for many residents.THE CANADIAN PRESS/Adrian Wyld
Oil falls 2 per cent on weak U.S. and Chinese economic data
FILE Ñ Pumpjacks operating in Bakersfield, Calif., Nov. 3, 2021. California is considering phasing out oil drilling in the state by 2045 as part of an effort to reduce carbon emissions; however, in Kern County, oil and gas generate tax revenues that keep schools open and police departments funded. (Alex Welsh/The New York Times)
Your daily horoscope: May 11
Capricorn
Zelensky says counteroffensive yet to begin despite Kyiv’s gains at front
Ukrainian soldiers fire a cannon near Bakhmut, an eastern city where fierce battles against Russian forces have been taking place, in the Donetsk region, Ukraine, Wednesday, May 3, 2023. (AP Photo/Libkos)
Palm Springs, a design oasis
Palm Springs homeowners open up their mid-century pads
In its open layout, the Frey House II incorporates built-in seating and an elevated dining bar set around a dramatic rock.
CMHC CEO rejects idea of extending mortgage amortization period
Romy Bowers, President and CEO of CMHC, is photographed at the Globe and Mail Centre on May 10, 2023. (Fred Lum/The Globe and Mail)
U.S. call to screen for breast cancer at 40 reignites debate in Canada
FILE - Mammographer Alma Garcia, right, demonstrates the process of a mammogram on marketing liaison Dalilah Garcia of the Neighbors Emergency Center in Brownsville, Texas, on Monday, Sep. 18, 2017, inside a Mammos on the Move (MOM) mobile mammogram trailer. According to a draft recommendation from a government task force released on Tuesday, May 9, 2023, women should start getting every-other-year mammograms at age 40 instead of waiting until 50. Tuesday’s update – if the draft proposal is finalized – would mark a shift in the influential panel’s guidelines. (Migiuel Roberts/TheBrownsville Herald via AP, File)
Why this 63-year-old doesn’t count on any one source of income to see him through retirement. Plus, why all the fuss over mandatory RRIF withdrawals?
Retiree Mickey McCarthy, 63, with his Vans RV-9A plane in Villenueve, Alberta on Wednesday, April 12, 2023. Mr. McCarthy retired early and now focuses on making memories—flying, travelling or relaxing in their holiday home in Peachland—with his wife and family. Amber Bracken for The Globe and Mail
ReelAbilities Film Festival Toronto hopes to give platform to ‘joys and tensions’ of disability culture
OKAY! (THE ASD BAND FILM). Directed by Mark Bone. Life is a play, and everybody has the script but you -- Jackson D. Begley This is how one member of The ASD Band, featuring four talented autistic individuals, describes what it's like when you’re on the spectrum. Through a shared love of music, Rawan, Jackson, Spenser and Ron shatter the stigma of those with autism as loners, coming together to express themselves through song. OKAY! (The ASD Band Film) follows the members of the ASD Band as they embark upon the difficult journey of writing and recording their first album, and ultimately performing their first public show. Courtesy of Reel Abilities Film Festival
The close: TSX ends lower as commodity-related stocks decline
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11.
What every Canadian investor needs to know today
An options floor broker works on the floor of the NYSE American, formerly known as the American Stock Exchange (AMEX) at New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermid
The view from China on foreign interference in Canada
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
Ottawa’s net-zero electricity council must consider needs of northern communities, ATCO head says
ATCO chief executive officer Nancy Southern addresses the company's annual meeting in Calgary on Wednesday, May 15, 2019. The Alberta Utilities Commission has doubled the amount ATCO must refund to consumers after it attempted to overcharge them for costs it shouldn't have incurred. THE CANADIAN PRESS/Jeff McIntosh
If you’re an anxious achiever, view it as a curse and a blessing
Harvey Schachter
How young top women advisors take a multigenerational approach to connect with clients
Business colleagues having a conversation. They are both young business people casually dressed in a modern office. Could be an interview or consultant working with a client. She is listening and smiling. One person has her back to us. Mixed ethnic group. One is African American and the other is Caucasian
How this 68-year-old retiree is replacing some of the ‘excitement and learning’ he used to get from work
Dave Carriere in his Kelowna, B.C., apartment complex on May 5, 2023. (Aaron Hemens/The Globe and Mail)
Alberta RCMP say suspect charged with conspiracy to commit murder
The RCMP logo is seen outside the force's 'E' division headquarters in Surrey, B.C., on Thursday, March 16, 2023. Alberta RCMP say a 28-year-old educational assistant is facing six charges related to the sexual exploitation of two minors.THE CANADIAN PRESS/Darryl Dyck
Nugent-Hopkins ends goal drought in Oilers’ 4-1 win over Golden Knights
May 10, 2023; Edmonton, Alberta, CAN;The Edmonton Oilers celebrate a goal scored by defensemen Evan Bouchard (2) during the first period against the Vegas Golden Knights in game four of the second round of the 2023 Stanley Cup Playoffs at Rogers Place. Mandatory Credit: Perry Nelson-USA TODAY Sports
Alberta RCMP looking for suspect in shooting death on O’Chiese First Nation
RCMP police car.
Curry, Warriors stave off elimination, force Game 6 by beating Lakers 121-106
May 10, 2023; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) dribbles the basketball against Los Angeles Lakers forward LeBron James (6) during the fourth quarter in game five of the 2023 NBA playoffs conference semifinals round at Chase Center. Mandatory Credit: Kyle Terada-USA TODAY Sports
National Arts Centre unveils lineup for new 2023-24 season
The Queen In Me for NAC program 2023-24 Teiya Kasahara
‘Why does Canada need to rely on poaching nurses from other jurisdictions?’ Readers react to licensing changes for foreign-trained nurses, plus other letters for May 11
TOPSHOT - Healthcare workers walk through the hallway as staff care for patients suffering from coronavirus disease (COVID-19) at Humber River Hospital's Intensive Care Unit, in Toronto, Ontario, Canada, on April 28, 2021. (Photo by Cole Burston / AFP) (Photo by COLE BURSTON/AFP via Getty Images)
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