Ontario News

OTTAWA — Canada's spy agencies should destroy the data trails of innocent people they incidentally collect during terrorism investigations once the actual targets have been cleared of suspicion, say Canada's privacy watchdogs.

TORONTO — Bank of Montreal (TSX:BMO) reported Tuesday that its fourth-quarter profit grew 11 per cent to $1.35 billion, wrapping up a year that has seen Canada's biggest banks deliver solid results in spite of ongoing economic headwinds.

TORONTO — Stock markets in Toronto and New York racked up small gains as commodities softened and oil prices pulled back from a four-day rally. The S&P/TSX composite index increased 30.63 points to 15,125.

MISSISSAUGA, Ont. — The Second Cup Ltd. (TSX:SCU) has signed a deal for a four-year, $8-million secured term loan from an affiliate of Serruya Private Equity following a review of its strategic options.

OTTAWA — The Competition Bureau of Canada says its efforts to identify and prevent bid rigging in construction contracts this year has already turned up potential criminal activity — just as new federal infrastructure money begins to flow

OTTAWA — Publicity about near-misses between drones and passenger aircraft might give terrorists ideas about how to take down a plane, a federal intelligence report warns.

OTTAWA — Days after fumbling the rollout of an all-party report on reforming how Canadians vote, the Liberals are giving Canadians 25 days to take part in a lengthy online interactive survey on electoral reform.

NIAGARA-ON-THE-LAKE, Ont. — Diamond Estates Wines & Spirits Inc. is looking to raise $5 million to fund an expansion that will increase its production capacity by 50 per cent. Based in Niagara-on-the-Lake, Ont.

TORONTO — Former Toronto city councillor Doug Ford, brother of the controversial late mayor Rob Ford, says he will not be running for a vacant seat in Toronto's city council.

TORONTO — CIBC's exposure to the residential mortgage market has increased, raising concerns among some analysts who say it comes at a time when Canada's real estate market is at risk of a correction.