#ONTARIO News

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Canada’s Self-Proclaimed ‘Crypto King’ Faces Fraud And Money Laundering Charges

bitcoinist.com Aiden Pleterski, known in the crypto community as the “Crypto King,” and his associate Colin Murphy have been formally charged with serious financial offenses. These charges…

OAK VIEW GROUP OFFICIALLY BREAKS GROUND ON RENOVATIONS TO TRANSFORM FIRSTONTARIO CENTRE INTO WORLD-CLASS ENTERTAINMENT AND SPORTS VENUE

benzinga.com Deposits for Annual Premium Hospitality Memberships Available Starting May 30 Visit hamiltonarenaproject.com to sign up for priority access! Photos and B-Roll Footage of the…

Canadian ‘Crypto King’ arrested on fraud allegations amid missing $30m

dlnews.com After an 18-month investigation and an alleged $30 million ($40 million CAD) in missing investor funds, Canadian authorities arrested self-proclaimed “crypto king” Aiden…

Honda is bringing championship-winning F1 tech to its future EVs

thestreet.com Japanese automaker Honda (HMC) may be late to the EV game, but the Tokyo-based brand has further laid out its game plan for its future electric models, which includes tens…

Honda commits $65B to electrification by 2030

aol.com Honda Motor Co. Ltd (NYSE:HMC) is planning to significantly increase its investments in electrification and software development. The automaker aims to spend around $65…

Canada Faces Worst Standard of Living Drop in Four Decades

tftc.io A new economic study suggests that Canada may be experiencing its longest and most significant decline in real gross domestic product (GDP) per person in nearly four…

Modern Métis Woman 2023-2024 Scholarship Recipient

benzinga.com KINGSTON, Ontario, May 16, 2024 (GLOBE NEWSWIRE) -- Modern Métis Woman (MMW) is excited to announce Nevada Lynn as one of the exceptional recipients of its 2023-2024…

Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum

coindesk.com None Hut 8 owns more than 9,100 bitcoin giving it a large amount of capital for future projects, the report said. • None Craig-Hallum upgraded the stock to buy from hold…

Canada Goose tops quarterly sales estimates on steady demand recovery in China

theglobeandmail.com Canada Goose GOOS-T, beat market expectations for quarterly revenue on Thursday, backed by a strong recovery in demand for its pricey puffer jackets in China even as…

Increased demand for Indigenous-led architecture means challenging the norms of a colonial industry

theglobeandmail.com Seven ravens lined up along a clerestory of the Naskapi Women’s Shelter, sunlight filling the space below while the new building was inspected. One of the birds leaned down…

Olive oil is how much now? Prices jump — again

cbc.ca Shoppers may find themselves doing a double take in the olive oil section of their local grocery stores these days, as industry analysts say prices have reached a record…

Canadian ‘Crypto King’ and Associate Arrested for Alleged $29.4M Investor Fraud

cryptonews.com Two Ontario men, one of whom is a self-described “Crypto King,” have been arrested and charged with fraud. They allegedly received over C$40m ($29.4m) from investors. Aiden…

Canadian authorities arrest self-proclaimed ‘Crypto King’ for $30M fraud

cryptobriefing.com Aiden Pleterski, the self-proclaimed “Crypto King” from Whitby, Ontario, has been arrested on charges of fraud and laundering the proceeds of crime in Canada. The arrest…

Junior gold company Red Pine vows to regain investor trust after accusing former CEO of tampering with gold assay data

theglobeandmail.com Junior gold company Red Pine Exploration Inc. RPX-X is vowing to work to regain the trust of investors after accusing its former chief executive officer of tampering with…

Officials are proposing sweeping penalties to curb car theft in this metropolitan area

thestreet.com Car theft — a brazen crime that happens all too often is happening at extremely high rates in the province of Ontario, Canada. In the metropolitan area around Toronto — the…

Americans have been driving these Chinese-built cars for years

aol.com None Chinese car brands are missing from the US market, but Chinese-made cars are still sold in the US. • None Americans bought more than 104,000 Chinese-made cars in 2023…

Self-proclaimed Canadian ‘Crypto King’ facing criminal fraud charge

financialpost.com Ontario's Aiden Pleterski charged with one count of fraud over $5,000 and one count of laundering proceeds of Canadian crime Get the latest from Barbara Shecter straight to…

Trudeau's housing push in doubt as pace of construction falls

financialpost.com Construction was split between 53,900 single detached and 186,300 multiple units in April, CMHC says. Regionally, starts fell 0.8 per cent in Ontario, the country’s largest…

Lung Health Foundation and Ontario Ministry of Education Partner to Launch First Judgement-Free Initiative to "Quash" High School Vaping Crisis

benzinga.com On the frontlines: Lung Health Foundation's mobile smoking & vaping quit app "Quash" hits 100+ provincial high schools in May awareness push TORONTO, May 15, 2024 /CNW/ -…

Usha Resources Advances Major Lithium Project

tipranks.com Usha Resources Ltd. (TSE:USHA) has released an update. Usha Resources Ltd. is advancing its White Willow Lithium Pegmatite Project in Ontario with ...

Posthaste: Canadians put off plans to buy a home until the Bank of Canada cuts rates

financialpost.com A survey by the Bank of Montreal revealed this week that 72 per cent of aspiring homeowners are waiting for the Bank of Canada to cut interest rates before buying. Canadians…

Shein has allegedly failed to end 75-hour work weeks at factories

thestreet.com Fast-fashion retailer Shein, which is famous for its cheap women’s clothing and heavy social media presence, has allegedly broken its promise to improve working conditions…

Carey Price will receive an honorary doctorate from the University of Northern British Columbia

benzinga.com EDS: UNBC President Dr. Geoff Payne is available for media interviews today. Carey Price is not available to speak with media. On May 31, UNBC will provide a media package…

MEDIA ADVISORY

benzinga.com KINGSTON, ON, May 15, 2024 /CNW/ - Mark Gerretsen, Member of Parliament for Kingston and the Islands, will announce the reopening of Bellevue House National Historic Site in…

Electronic music pioneer Richie Hawtin Partners with Epidemic Sound to Mentor the Next Generation of Artists and Global Music Talent

benzinga.com Today, Epidemic Sound announces its partnership with renowned DJ, producer, and electronic music pioneer . • Hawtin will mentor four innovative, up-and-coming Epidemic Sound…

Canadian manufacturing sales down 2.1% to $69.9-billion in March

theglobeandmail.com Statistics Canada says manufacturing sales fell 2.1 per cent to $69.9-billion in March as sales of petroleum and coal products and motor vehicles fell. The agency says sales…

$1.6-billion parts plant for Honda EV batteries coming to Niagara Region

financialpost.com A Japanese company is building an approximately $1.6-billion plant in Ontario’s Niagara Region that will make a key electric vehicle battery component as part of Honda Motor…

TLC Postpone Four Canadian Tour Dates After T-Boz Hit With Flu Bug

billboard.com The TLC tour has been bitten by the flu bug. The duo informed fans on Monday (May 14) that they’ve been forced to cancel that night’s planned show and postpone three other…

Workers at Coven Market join SEIU Local 2; Business owner proud of employees and looks forward to productive relationship

benzinga.com HAMILTON, Ontario, May 15, 2024 (GLOBE NEWSWIRE) -- In a world of Loblaws, be more like Coven Market, say the employees of the small vegan bakery, deli and grocery store in…

Ontario to change how it compensates injured migrant workers

theglobeandmail.com Ontario will revamp how it compensates injured migrant workers. Workplace Safety and Insurance Board president Jeff Lang says the changes affect how the board pays a worker…

Ontario EV battery separator plant will employ small number of ‘short-term’ foreign workers, officials say

theglobeandmail.com A new electric-vehicle battery separator plant being built by Japan’s Asahi Kasei Corp. in Port Colborne, Ont., will employ a small number of foreign workers over the short…

A 1st in Canada, $1.6B EV battery separator plant to open in Port Colborne, Ont., in 2027

cbc.ca A small city nestled in southern Ontario's Niagara Region will be home to a new $1.6-billion electric vehicle (EV) battery plant that was officially announced Tuesday. Prime…

The EV Sector’s Hidden Gems: 3 Overlooked Stocks to Add to Your Watchlist

investorplace.com The 2024 U.S. presidential election and three rate cuts will keep the electric vehicle (EV) market in the spotlight this year. Both developments might benefit the sector, so…

Loblaw boycott hits the halfway mark: Here are 5 things to know

financialpost.com As a month-long boycott of Loblaw Cos. Ltd. enters its third week, the Canadian grocery giant’s investors appear largely unfazed. Though the movement continues to see a rise…

$1.6-billion parts plant for Honda electric vehicle batteries coming to Niagara Region

theglobeandmail.com A Japanese company is building an approximately $1.6-billion plant in Ontario’s Niagara Region that will make a key electric vehicle battery component as part of Honda’s…

LifeLabs class action payments start flowing to more than 900,000 claimants

theglobeandmail.com Canadians who applied to be part of a class action lawsuit against LifeLabs Inc. are now receiving cheques and e-transfers. KPMG, which is administering the claims, says on…

Alice Munro, Nobel Prize-Winning Canadian Author of ‘Away From Her,’ Dies at 92

variety.com Alice Munro, the Nobel and prize-winning Canadian author of short story collections and novels including “Lives of Girls and Women” and “The Love of a Good Woman,” died…

Traditional Medicinals Earns Title of Canada's Number One Organic Tea Brand with a Nationwide Growth Surge

benzinga.com TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Traditional Medicinals, a leading botanical wellness company renowned for its herbal teas, including the popular , , and , is proud…

Alice Munro, Nobel Laureate and Master of the Short Story, Dies at 92

nytimes.com Alice Munro, the revered Canadian author who started writing short stories because she did not think she had the time or the talent to master novels, then stubbornly…

Queen's U Students Give Residence Cleaning an A+

benzinga.com BURLINGTON, Ontario, May 14, 2024 (GLOBE NEWSWIRE) -- Bunzl Canada today announced expansion of the WandaNEXTTM digital cleaning management software across Queen's…

Posthaste: How Canada could have avoided the mortgage payment shock now ripping through the economy

financialpost.com Right now, Canada’s mortgage market is concentrated in fixed-rate mortgages of up to five years. Longer terms do exist, but they are a tiny fraction of the market.…

Hydro One reports $293-million first-quarter profit, up from $282-million a year earlier

theglobeandmail.com Hydro One Ltd. reported its first-quarter profit rose compared with a year earlier, helped by higher revenue. The power utility says it earned net income attributable to…

Bitfarms Doubles Yguazu Power Capacity to 200 MW with Additional 100 MW of Hydropower in Paraguay

benzinga.com This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf…

My employer walked me out before my resignation date. Must they pay me for the gap?

theglobeandmail.com Interested in more work-life content? Check out our weekly Careers newsletter. Sent out every Sunday afternoon. I found a new job and gave my employer four weeks notice,…

Wealthy Canadians sour on state of economy in wake of capital gains tax changes, poll finds

financialpost.com Ottawa’s changes to the capital gains tax appear to have gotten under the skin of Canada’s wealthiest wage group, an ongoing poll that tracks the financial outlook of…

You must be new here: Meet the latest crop of Best Managed Companies

theglobeandmail.com It’s no mean feat to make it onto the list of Canada’s Best Managed Companies. For 31 years, the program has been rigorously vetting the top mid-market privately owned…

Japan’s Asahi Kasei to invest $1.6-billion in Ontario electric-vehicle facility: sources

theglobeandmail.com Honda Motor Co.’s $15-billion investment in Ontario’s electric-vehicle supply chain will extend into the Niagara region, through a partnership with Japan’s Asahi Kasei to…

Rubicon Organic Launches 1964 Supply Co.™ Full Spectrum Extracts (FSE) Vapes

benzinga.com VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. ROMJ ROMJF ("Rubicon Organics", "Rubicon", or the "Company"), a licensed producer focused…

Buffalo-area Red Lobster restaurants ‘temporarily closed’ - WIVB.com

wivb.com Local seafood lovers were left adrift Monday with the sudden closures of four Western New York Red Lobster restaurants. Locations on Maple Road and Transit Road in Amherst,…

A 50-cent Canadian dollar, $3,000 gold and housing market fixes: FP top videos

financialpost.com Will the Canadian dollar stay low and gold prices stay high? Watch FP top videos Try refreshing your browser, or We apologize, but this video has failed to load. Try…

Impact Development Group Faces Trading Halt

tipranks.com Impact Development Group Inc (TSE:IMPT) has released an update. Impact Development Group Inc. has been hit with a cease trade order by the Ontario ...

Sprott Physical Copper Trust Files Preliminary Prospectus for Proposed Initial Public Offering

benzinga.com TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP ("Sprott Asset Management"), on behalf of Sprott Physical Copper Trust (the "Trust"), announced that on…

Luxury retailer Ted Baker begins store-closing liquidation sales

cbc.ca Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started store-closing clearance sales, Ted Baker Canada announced Friday after the company began…

Honda Canada picks Port Colborne, Ont., for next plant in EV supply chain

cbc.ca The next community set for a massive boost to its local economy as part of Honda Canada's $15-billion investment to establish a Canadian electric vehicle supply chain will…

Lactalis Canada Launches Enjoy!

benzinga.com TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- Lactalis Canada, the Canadian dairy leader behind iconic brands like Cracker Barrel, Black Diamond, Balderson, Astro and Lactantia…

Health groups ask Ontario to develop alcohol strategy ahead of looser prohibition

theglobeandmail.com Multiple health organizations are asking Ontario to develop a comprehensive strategy to prepare for the province’s coming loosening of alcohol rules. Sales of beer, wine,…

Christian Nodal Announces 2024 Pal Cora Tour: See the Dates

billboard.com Christian Nodal, one of the most sought-after artists worldwide within the booming regional Mexican music scene, has announced his Pal Cora Tour 2024 in the United States.…

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