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TORONTO — Ontario Premier Doug Ford's government announced plans Wednesday to reverse an earlier move to dissolve the upper-tier municipality of Peel Region, which would have left Mississauga, Brampton and Caledon standing on their own.

TORONTO — The amount Canadians owe relative to their income edged lower in the third quarter, but the cost of servicing that debt relative to income climbed, Statistics Canada said on Wednesday.

TORONTO — Ontario reversed course Wednesday on its plan to dissolve the Region of Peel, citing concerns about tax hikes in an about-face that has come to typify the latter half of the year for Premier Doug Ford's government, in particular on the hous

TORONTO — Scotiabank will focus its growth efforts closer to home and could exit some foreign markets under a new strategic plan outlined by chief executive Scott Thomson on Wednesday.

TORONTO — Strength in energy, utilities and base metals helped lead Canada's main stock index up almost two per cent on Wednesday, while U.S. markets also jumped after the U.S. Federal Reserve announced it is keeping its overnight rate unchanged.

Ontario is scrapping its plan to dissolve Peel Region west of Toronto, citing concerns that it would lead to significant municipal tax hikes.

HAMILTON — The Hamilton Tiger-Cats have re-signed Canadian offensive lineman Brandon Revenberg to a two-year contract. The 30-year-old from Essex, Ont., was set to become a free agent in February.

TORONTO — CPA Ontario says accounting firm PwC has paid $1.45 million in fines and costs after 445 staff shared answers during mandatory internal training assessments between 2016 and 2020.

TORONTO — H&R Real Estate Investment Trust has signed a deal to sell a downtown Toronto property to George Brown College and Halmont Properties Corp. for $232.5 million. The property at 25 Dockside Dr.

TORONTO — Porter Airlines has signed a new partnership deal with Alaska Airlines.