61 m. ago Teck’s Founder Sought Merger With Anglo Before It Was Too Late

Two years ago, when Glencore Plc proposed an unsolicited, $23 billion takeover of Teck Resources Ltd., the Canadian miner’s founder decisively rejected the idea. “Now is not the time,” Norman Keevil Jr. said back then.

Other

5 h. ago There are 4 places in the GTA that cost more to live in than Toronto

When it comes to the cost of living in Canada, Toronto often takes the spotlight as one of the priciest places to call home. With its bustling downtown core, soaring condo prices, and ever-rising rent, it's no surprise many assume it tops the charts for affordability challenges, but this isn't quite the case. One would be forgiven for thinking that Toronto is the most expensive city in the Greater Toronto Area (GTA), but other cities in the region regularly top the 416 in average cost of living. A recent MoneySense report reveals four cities that surpass Toronto among the most expensive places to live in the GTA, and a couple of them don't come as a huge surprise to anyone paying attention to regional home prices and the increase in living costs. Richmond HillAn aerial view of a residential street in Richmond Hill. Photo by liran finzi sokolovski/Shutterstock. According to the report, Richmond Hill leads the pack amo...

Economics

7 h. ago Mobix Labs Files Form 425 With the SEC, Announces Intention to Launch Hostile Tender Offer for Peraso; Criticizes Recent Dilutive Financing and Efforts to Restrict Shareholder Communications

IRVINE, Calif. — Mobix Labs, Inc. (NASDAQ: MOBX) (“Mobix Labs”) today announced that it has filed a Form 425 with the U.S. Securities and Exchange Commission formally announcing its intention to commence a hostile exchange offer to acquire all outstanding shares of Peraso, Inc. (NASDAQ: PRSO) (“Peraso”). The proposed offer is expected to consist of […]

Other

14 h. ago Russia Says Drone Attack Hasn’t Affected Bashneft Refinery Work

Russian authorities say a fire at the Bashneft PJSC complex, caused by a Ukrainian drone attack on Saturday, is extinguished and the plant will continue to operate as usual.

Events

15 h. ago ARAMIS Global Ambassador, Dwyane Wade, Celebrates New Fragrance Launch During New York Fashion Week

NEW YORK — Heritage men’s fragrance brand, ARAMIS, officially launched its new scent, Intuition, with global ambassador, Dwyane Wade, during New York Fashion Week. The celebration kicked off with an immersive pop-up on New York City’s iconic High Line, where guests explored the story behind the fragrance through scent, sound, and design. Dwyane Wade made […]

Culture

16 h. ago Man, 54, allegedly dealt drugs out of his Eglinton West barber shop

More than $100G in fentanyl, cocaine, crack cocaine, marijuana, and hash was allegedly seized in Project Fade

Other

19 h. ago Trump Backs New Sanctions When NATO Stops Buying Russian Oil

US President Donald Trump said he’s prepared to move ahead with “major” sanctions on Russian oil if NATO countries do the same.

Events

23 h. ago Saturday's letters: Don't follow U.S. on COVID vaccine policy

I received an email from Minister LaGrange notifying me of the protocol for receiving COVID vaccines. This decision is shortsighted as there will not be sufficient hospital capacity for those that will need hospitalization as a result of contracting the virus. What Minister LaGrange has not considered are the higher costs to the medical system […]

Events

23 h. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

25 h. ago Ipsos poll: With MPs returning, Carney government has decade

Canadians appear ready to give the Carney government the benefit of the doubt. But new polling shows the Liberals have some vulnerabilities on affordability and cost of housing.

Politics

26 h. ago German Far Right Seeks Breakthrough in Vote in Merz’s Home State

In the first electoral test for the ruling coalition, the AfD is expected to gain in Germany’s most-populous region.

Other

29 h. ago Early Warning Report of Mount Logan Capital Inc. (formerly Yukon New Parent, Inc.) in connection with the Closing of the Strategic Business Combination

NEW YORK, Sept. 12, 2025 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (formerly Yukon New Parent, Inc., “New Mount Logan”) filed an early warning report today in connection with the closing of the all-stock strategic business combination (the “Business Combination”) of Mount Logan Capital Intermediate LLC (formerly Mount Logan Capital Inc., “Mount Logan”) and 180 […]

Economics

29 h. ago Mount Logan Capital Inc. and 180 Degree Capital Corp. Close Strategic Business Combination

Establishes U.S.-based alternative asset management and insurance solutions platform Merged Company, Mount Logan Capital Inc., expected to begin trading on NASDAQ under the symbol “MLCI” on Monday, September 15, 2025 Closing Merger Value of approximately US$122.7 million equates to a price per share of MLCI of US$9.43   NEW YORK and MONTCLAIR, N.J., Sept. 12, 2025 […]

Economics

29 h. ago Canada Securities Watchdog Seeks First Greenwashing Sanction

Canada’s biggest securities regulator is taking its first enforcement action related to so-called greenwashing by a fund manager.

Events

30 h. ago Trump Files to Cancel Approval of Maryland Offshore Wind Farm

The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource.

Other

34 h. ago New Fortress Energy Advisers Prepare for Confidential Debt Talks

Advisers to various groups of New Fortress Energy Inc. creditors have signed non-disclosure agreements with the liquefied natural gas company as it begins restructuring talks after prolonged project delays have left it struggling to cover debt costs, according to people familiar with the situation.

Economics

35 h. ago Telesat announces equity distribution of Telesat Lightspeed business

OTTAWA, Ontario, Sept. 12, 2025 (GLOBE NEWSWIRE) — Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced that it has completed the distribution of 62% of the equity of its Telesat Lightspeed business to an indirect subsidiary of Telesat Corporation. The indirect subsidiary is wholly-owned by Telesat […]

Economics

36 h. ago Bridgeland businesses about to face more construction, still financially recovering from last round

Businesses along 1st Avenue, like Luke's Drug Mart, say returning construction on the street is bad for business

Economics

36 h. ago New pub replaces Toronto bar that closed after 16 years in business

A Toronto bar with a cult following closed down last winter after 16 years, and it's finally been replaced.It's been eight months since cult-favourite Dundas West sports bar (and former home of Slammie Sammies), Opera Bob's, closed its doors after 16 years, much to the disappointment and dismay of its devoted regulars.The pub was a local staple for a casual drink, lively night out, and especially for Manchester City football match screenings, as the Manchester City Football Club Toronto has called the bar home for nearly as long as it's been around.Last year, during the Premier League championships, it even got a considerable shout-out from the New York Times.Alas, as Nelly Furtado once said, all good things come to an end, and, in the winter of 2024, the pub closed its doors for good, setting its devoted fanbase adrift, searching for somewhere new to take root.Now, at long last, the space has officially gotten a new lease on life, and Opera ...

Economics

37 h. ago Nova Scotia estimates initial capital cost of Wind West at $60 billion

HALIFAX — A Nova Scotia government document on the proposed initial phase of the Wind West offshore project pegs the capital cost at $60 billion. The estimate is contained in the document released Thursday, following Prime Minister Mark Carney’s announcement that Ottawa is prepared to work with Nova Scotia to ramp up the ambitious plan. […]

Economics