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Three Toronto schools share in $100,000 Best Buy technology grant

TORONTO, Dec. 10 /CNW/ - Best Buy Canada today announced a total donation of $100,000 to three Toronto District elementary schools from Best Buy Canada's "Best in Class Fund" (BICF).

BlackBerry shares hit year's low on Toronto Stock Exchange

TORONTO: With forecasts of a decline in sales of smartphones, shares of BlackBerry maker Research In Motion (RIM) touched the lowest level in a year Tuesday on the Toronto Stock Exchange (TSX).

Toronto-Dominion Bank Q4 Profit Declines

(RTTNews) - Thursday, financial service provider Toronto-Dominion Bank Financial Group (TD, TD.TO), reported a marginal decline in fourth-quarter earnings, as illiquid and volatile markets affected the performance of its Wholesale Banking segment, which posted a loss primarily due to mark-to-market losses in the credit trading business. The bank also declared a quarterly divided of 61 cents per share. In a separate development, Toronto-Dominion announced the appointment of Brian Levitt to its Board of Directors.

Toronto filmmakers headed to Sundance festival

TORONTO — Three hours of writing the film, three days to put it together and 200-dollars to produce — that was the ticket for two Toronto filmmakers, who will be headed to the Sundance Film Festival in Park City, Utah.

Bank of Canada leaves C$2.35 bln in settlement system

TORONTO, Dec 24 (Reuters) - The Bank of Canada is leaving C$2.35 billion ($1.94 billion) in the Large Value Transfer System on Wednesday and plans to leave C$25 million in the system on Dec. 29, the central bank announced. Under normal circumstances it targets a balance of C$25 million in the system to allow easy settlement of balances between banks, but since the credit crunch hit in August 2007 it has often set its sights much higher. ($1=$1.21 Canadian) Keywords: CANADA CREDIT/LVTS (Reuters Toronto Newsroom, 416 941-8100, toronto.newsroom@reuters.com)

UPDATE 1-Royal Bank of Canada to offer C$2.3 bln in stock

TORONTO, Dec 8 (Reuters) - Royal Bank of Canada said on Monday it plans to issue up to C$2.3 billion ($1.8 billion) in common shares to bolster its regulatory capital ratio, in what would be the second-largest stock sale by a Canadian bank this year. Royal Bank, Canada's largest bank, said after markets closed that it would issue 56.75 million common shares at C$35.25 a share, for proceeds of C$2 billion. An over-allotment option to the underwriting syndicate could push the total to C$2.3 billion. The offering is expected to close on Dec. 22. RBC shares closed at C$37.50 a share on the Toronto Stock Exchange on Monday, up 3 percent. RBC's Tier 1 ratio was 9.0 percent and 'it seems like the market wants more,' said Ohad Lederer, an analyst at Veritas Investment Research in Toronto, adding that the RBC share issue could herald similar fund

Toronto project to create mobile robots for civilians

Toronto-based Engineering Services Inc. (ESI) is among the recipients of $2.5 million in funding to promote research and development (R&D) of innovative intelligent systems to solve commercial problems in the manufacturing sector.

You Are Invited To A Toronto News Conference to review McAfee's 2008 Virtual Criminology Report

TORONTO, Dec. 8 /CNW/ - On Tuesday, December 9/08 McAfee will release its Fourth Annual global Virtual Criminology Report. The McAfee commissioned research was conducted among law enforcement agencies and cybercrime experts, in Canada and across the globe.

Forgotten Krieghoff paintings sell at Bonham's auction in Toronto

TORONTO - A forgotten painting by Cornelius David Krieghoff that spent decades hidden under newspaper wrapping has sold for $180,000 at auction.

Christmas Comes Early for Toronto FC Fans

For Toronto FC fans, Santa Claus came down the chimney on Friday afternoon, around five o'clock. Mo Johnston has acquired Canadian international, and local boy, Dwayne De Rosario.

Peter Keleghan to Receive ACTRA Toronto's Award of Excellence

Canadian actor Peter Keleghan will walk away with ACTRA Toronto's highest honour in 2009. ACTRA's Award of Excellence recognizes both an outstanding body of work by a performer and that performer's efforts on behalf of the acting community and Canadian culture. Previous winners include Sarah Polley, Paul Gross, Gordon Pinsent, Sonja Smits, Wendy Crewson and Eric Peterson.

Opinion: Memo to Toronto Maple Leafs Fans: Don't Boo Bryan McCabe

Bryan McCabe, now a Florida Panther, anticipates being booed by you, by us, the Toronto Maple Leafs faithful, in his return to the Air Canada Centre tonight. Let's prove him wrong.

Sony Awards Trip to Toronto Woman

Sony of Canada Ltd. has wrapped up its Sony Style “Experience the Wonder” contest, and a Toronto woman has won the grand prize for two to the Great Barrier Reef, one of the wonders of the world.

Sony Awards Trip to Toronto Woman

Sony of Canada Ltd. has wrapped up its Sony Style “Experience the Wonder” contest, and a Toronto woman has won the grand prize for two to the Great Barrier Reef, one of the wonders of the world.

Opinion: Maybe it's a good thing I can't watch the Toronto Raptors

I was planning on watching the Toronto Raptors get spanked by the Houston Rockets tonight. The game, however, is being broadcast on TSN2, a channel I don't have.

Live blogging the winter storm dubbed 'Snowmageddon' in Toronto (Part 2)

We are live blogging the winter snow storm in Toronto. (See the previous post for updates up to around 9 a.m.) Click on the 'watch now' button in the screen below. Below the screen is the text of our previous live blog that we started last night.

New AGO marks start of a new arts era for Toronto

The opening of the renovated Art Gallery of Ontario on Nov. 14 marked the end of a glorious spurt of new cultural buildings in Toronto.

TSX drops on Bank of Canada recession talk

TORONTO (Reuters) - Toronto's main stock index fell on Tuesday as the Bank of Canada's acknowledgment that the country is entering a recession hit heavily weighted financial shares, while lower oil prices weighed on some energy stocks.

TSX drops on Bank of Canada recession talk

TORONTO (Reuters) - Toronto's main stock index fell on Tuesday as the Bank of Canada's acknowledgment that the country is entering a recession hit heavily weighted financial shares, while lower oil prices weighed on some energy stocks.

Bank stocks help send TSX down

TORONTO - The Toronto stock market dropped more than 150 points Tuesday as the Bank of Canada declared the economy was moving into a recession and cut its main interest rate by three-quarters of a point to 1.5 per cent.

TSX drops more than 200 points as banks weigh

TORONTO (Reuters) - Toronto's main stock index was down more than 200 points at midafternoon on Tuesday as the heavily weighted financial index was dragged lower by Royal Bank of Canada (RY.TO: Quote) after the bank said it plans to issue shares to beef up its capital ratio.

Bank earnings help support TSX; N.Y. lower on glum economic data

TORONTO - The Toronto stock market staged a modest but broad-based morning advance, helped by stronger financial shares following earnings reports from three of the big banks.

Bank profits nudge TSX higher; N.Y. lower as retail data disappoint

TORONTO - The Toronto stock market was positive in early trading as investors responded favourably to earnings from three of the big banks while energy stocks declined as oil prices hit four-year lows.

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