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January 17, 2018 9:20 PM Home Capital vows to defend itself against short seller's lawsuit

Short seller claims misrepresentations in company's financial reporting cost him millions Home Capital Group days it vows to defend itself against misrepresentation claims in a $4-million lawsuit filed by a short seller against the alternative lender and three of its former executives. The company issued a response after California-based short seller 15

January 17, 2018 1:44 PM Quebec's minimum wage to increase to $12 in May

Salaries for minimum wage workers will rise by 75 cents per hour this spring Quebec's minimum wage workers will see a bigger paycheque starting this spring. The minimum wage will increase by 75 cents on May 1, bringing it to $12 per hour. It is the largest wage increase in the province's history. The Quebec government made the announcement Wednesday 13

January 16, 2018 4:49 PM Magna International expects 2018 profit of more than $2.3 billion

One of the world’s largest auto parts suppliers, Aurora, Ont.-based Magna says its sales this year will total between $39.3 billion and $41.5 billion. AURORA, ONT.—Magna International Inc. says it expects to earn $2.3 billion to $2.5 billion this year. In its guidance for 2018, the auto parts company says it expects sales to total between $39.3 billion 11

January 15, 2018 3:45 PM Newfoundland calendar of burly mermaid men raises $300,000 for mental health

ST. JOHN’S, N.L.—A calendar of bearded, mermaid-tailed Newfoundlanders has raised hundreds of thousands of dollars for mental health. Last year, around 30 burly guys donned sparkly mermaid tails to pose as “merb’ys”—a portmanteau of “mermaid” and “b’y,” a Newfoundland term meaning “boy” or “buddy.” The whimsically dressed models posed by the sea, at a barber 11

January 13, 2018 5:26 PM Five more dogs test positive for canine flu in southwestern Ontario

WINDSOR, ONT.—Health officials say five more dogs have tested positive for a strain of canine influenza in southwestern Ontario, bringing the total number of infected up to seven in what they’re calling the virus’s first known incursion into the country. The Windsor-Essex County Health Unit says the two dogs that initially tested positive for H3N2 canine 10

January 11, 2018 6:51 PM Postmedia reports $5.8 million profit as revenue falls

A decline in the media company's print advertising revenue more than offset gains in its digital revenue. Postmedia Network Canada Corp. reported a profit of $5.8 million in its latest quarter as it said revenue fell 10.3 per cent compared with a year earlier. The media company says the profit amounted to six cents per share for the quarter ended Nov. 30 compared 13

January 10, 2018 4:08 PM Canada projected to win 33 medals at Pyeongchang Winter Olympics: analytics company

The 33 forecasted medals would wallop Canada’s previous top total of 26 claimed at Vancouver 2010. The projection put Canada third in a virtual medal table behind Germany and Norway. The 33 medals forecasted for the Canadian team (seven gold, 12 silver and 14 bronze) would wallop the country’s previous top total of 26 claimed by the host team at the 2010 Winter 9

January 8, 2018 11:00 AM Don’t be an ostrich when it comes to debt

Hiding your head in the sand is no way to get on top of the money you owe, writes Gail Vaz-Oxlade. Time and again when I ask people what they owe, they give me a litany of responses, quoting source of debt and balance one at a time. Then I make it worse. Hey, do you have a buy-now-pay-later plan? That’s debt! How about that Home Buyer’s Plan you have to repay 10

January 7, 2018 2:48 PM Crew of 32 missing after oil tanker and freighter collide off China coast

The oil tanker caught fire after the collision off China’s east coast, leaving the ship’s entire crew missing. BEIJING—An Iranian oil tanker collided with a bulk freighter and caught fire off China’s east coast, leaving the tanker’s entire crew of 32 missing and causing it to spill oil into the sea, authorities said Sunday. Chinese authorities dispatched 13

January 3, 2018 10:31 PM Buffalo Bills RB LeSean McCoy misses practice, listed day to day

McCoy suffered an ankle injury in the second half of the Bills' win over Miami on Sunday. ORCHARD PARK, N.Y.—Buffalo Bills running back LeSean McCoy missed practice Wednesday because of a right ankle injury, and it’s uncertain whether he can play Sunday at Jacksonville in Buffalo’s first playoff game in 18 years. Coach Sean McDermott would only list the Bills’ 14