Economy, Law & Politics

TORONTO — Ontario pension fund manager OMERS has signed a deal to sell medical lab company LifeLabs to U.S.-based firm Quest Diagnostics in a deal valued at $1.35 billion including debt.

In a statement announcing the complaint, BC Teachers Against Antisemitism claims the union's leadership caused "trauma and fear" among members who have been "intimidated and shamed" by colleagues.

TORONTO — Canada's main stock index rose Tuesday near the end of the trading day, erasing earlier losses as energy and base metals helped offset weakness in telecom, while U.S. stock markets also climbed higher.

Business services firm admits offering consultations, denies conflict in grant administration

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates.

WASHINGTON, D. C. — The Office of the United States Trade Representative says it will do what’s necessary to halt Canada's tax on large foreign digital services companies.

Five B.C. residents were recently issued US$51 million in disgorgement orders and civil penalties, bringing the total monetary orders to over US$119.3 million for a widespread offshore stock fraud scheme perpetrated, in part, from Vancouver.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,875.79, down 66.37 points): TC Energy Corp. (TSX:TRP). Energy. Down 94 cents, or 1.8 per cent, to $51.86 on 34.4 million shares.

TORONTO — Canadian insolvencies rose in May from last year as elevated inflation and interest rates continue to hit businesses and consumers.

VICTORIA — British Columbia's government has amalgamated 11 health-professional colleges into two, setting the foundation for what it says is stronger oversight.