Tag globalevents

Harper Hammers Rivals Over Stance on Small Business

OTTAWA—Stephen Harper delivered a two-pronged attack Sunday against his main rivals for their positions on small business while playing up his own credentials as a steward of the economy. Campaigning in the Ottawa-area community of Stittsville just days before a leaders’ debate on economics, the Conservative leader strove to set himself apart from the Liberal and NDP over their stances on small business tax cuts. “The opposition is worse than

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Toronto Blue Jays name Mark Shapiro as next president and CEO

TORONTO — Mark Shapiro brings two decades of baseball and business experience to the Toronto Blue Jays as their next president and CEO. The Blue Jays named Shapiro as the successor to longtime executive Paul Beeston, with the former Cleveland Indians president set to take over at the end of this season. “This opportunity for me is the right challenge at the right time,” Shapiro said at a news conference

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Noel Biderman, Ashley Madison CEO, Steps Down

CEO leaves company amid data hack that exposed account info Noel Biderman has stepped down as CEO of the Toronto-based infidelity website AshleyMadison.com and its parent company. Earlier this month, hackers released details of millions of email addresses, billing information and account details tied to the site. Biderman’s own emails were released as part of that breach. Avid Life Media Inc., the company that owns the site and many others, announced Biderman’s move in a short press

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Former CEO of Toronto-based Centerra Gold arrested in Bulgaria

Toronto-based miner Centerra Gold says former CEO Leonard Homeniuk has been rearrested on corruption charges in Bulgaria after first being detained by authorities last month. Homeniuk was taken into custody in late July while on vacation with his family after the Kyrgyzstan government issued an international arrest warrant for him on corruption charges. John Pearson, a spokesman for Centerra Gold (TSX:CG), said Homeniuk had been under house arrest in the

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Toronto Stock Market Plunges in Early Trading as Part of Global Downturn

TORONTO — The Toronto Stock Exchange plunged Monday morning, part of a global downturn affecting markets around the world. The market’s benchmark S&P/TSX index was down about 348.39 points at 13,125.28 shortly before noon, representing a drop of 2.6 per cent from Friday’s close. Earlier in the day, the Toronto index traded as low as 12,705.17 points, down as much as 768.5 points or 5.7 per cent from Friday’s close.

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Toronto-Waterloo corridor could be Canada’s own Silicon Valley

Iain Klugman is CEO of Communitech. Kevin Lynch is vice-chair of Bank of Montreal . Each September, thousands of new students stream into Ontario’s universities, carrying their clothes, books and increasingly global ambitions. The question for Ontario and Canada is: Where will those ambitions ultimately take them? If they are technically brilliant, entrepreneurial and highly motivated, as many of our graduates are, Silicon Valley will beckon – and it has

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Swiss teen Bencic shocks Serena in Toronto

TORONTO (Reuters) – World number one Serena Williams was dumped out of the Rogers Cup semi-finals 3-6 7-5 6-4 by rising Swiss talent Belinda Bencic, who will meet Simona Halep in Sunday’s final after the Romanian second seed beat Sara Errani in straight sets. Saturday’s defeat was just the second in 45 matches this season for Williams, who has won the first three grand slams of the year and will

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2024 Olympic Games: What has to happen for Toronto to bid

Should John Tory decide to bid, it would almost certainly become a federal election issue Toronto Mayor John Tory has a big decision to make, a decision that looks to be his alone, and he doesn’t have much time. He has to decide by Sept. 15 whether Toronto will submit a formal bid to host the 2024 Summer Olympic Games. Technically, it is a country’s Olympic committee that sends along the

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City of Toronto asks citizens for input on Uber

The City of Toronto wants your help in understanding the appeal of Uber. City Council has asked its staff to perform a review ground transportation in Toronto, particularly taxis, limousines and the controversial Uber ridesharing app. The goal of the review is, in part, to “understan[d] the interests of the public in the technology and services that Uber provides.” Torontonians are invited to fill out an online survey, or offer

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Bay and King no more? Heart of Toronto’s financial district moving south to Union Station, study says

Bay and King, long considered “centre ice” when it comes to defining Canada’s financial district is being pushed out by Toronto’s newest downtown neighbourhood, says a new study. Cushman & Wakefield, an international real estate company with a strong Canadian component, said Toronto’s downtown south core centered around Union Station has become the go-to destination for anybody looking to locate in the city. “The redefined centre ice is probably Union Station,”

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