Ontario Archives - DR News - News, Retirement, Finance

Cash-Out Slowdown: Investment Management Corp. of Ontario Ready to Wait for Exits

Toronto, Canada – Private equity firms in Canada have been facing challenges in cashing out of their holdings and returning money to investors. Investment Management Corp. of Ontario is taking a patient approach, preparing for the possibility of a prolonged period without exits. According to Rossitsa Stoyanova, the chief investment officer of the C$77.4 billion ($57 billion) Canadian pension manager, many partners believe that the worst is behind them. Stoyanova emphasizes the importance of patience …

Pension Plan Lower Valuations Impact Performance in Ontario Teachers’ Portfolio

Toronto, Ontario – The Ontario Teachers’ Pension Plan reported a 1.9% gain last year, falling short of its benchmark due to lowered valuations on real estate and infrastructure investments impacted by rising interest rates. The plan attributed the write-downs to “asset-specific events that negatively impacted select investments” in a statement released Tuesday. These declining valuations offset gains made in credit and stock holdings. Despite the underperformance, the Ontario Teachers’ Pension Plan remains a significant player …

Controversial Case in Ontario Challenges the Boundaries of Assisted Dying Laws Amidst ‘Post-Vaccine Syndrome’ Debate

Ontario, Canada — A series of reports have emerged from Ontario’s chief coroner’s office, shedding light on contentious issues surrounding Medical Assistance in Dying (MAID). One particular case highlighted concerns involving a middle-aged man, known as Mr. A, who was not terminally ill but qualified for euthanasia under Canada’s assisted dying laws due to his severe, unidentified symptoms post-COVID-19 vaccination. Mr. A, who was in his late forties and had pre-existing mental health disorders, experienced …

Long Weekend Tragedy: Fatal Accidents and Thousands of Traffic Violations Highlight Road Safety Crisis in Ontario

Ontario, Canada – A grim tally followed Ontario Provincial Police’s long weekend efforts, which were marked by a significant loss of life amid intensified traffic enforcement. Between October 11 and October 14, regional officers grappled with a series of fatal incidents that claimed the lives of eleven people, including seven vehicle occupants, a pedestrian, and three off-road vehicle riders. The devastating outcome underscored the dangers on Ontario’s roads and trails despite a robust police presence …

Toronto Woman Charged with Murder in Three-City Killing Spree Across Ontario

Toronto, Canada — A 30-year-old woman from Toronto has been arrested and charged with multiple counts of murder following a series of deaths in Toronto, Hamilton, and Niagara Falls, all occurring within a span of three days. The incidents, which police described as both random and targeted, have left communities in shock and authorities piecing together the motives behind these violent acts. The investigation commenced when Toronto Police were called to a residence in the …

Health Experts Warn of Rising Fatalities if Ontario Closes Supervised Drug Use Facilities

Toronto, Canada – The Ontario government’s initiative to close several supervised consumption sites has prompted a dire warning from public health experts and advocates, who predict a sharp increase in drug-related fatalities as a consequence. The plan, which aims to address various community concerns, has sparked heated debate about the balance between public safety and health care needs. Supervised consumption sites are designated healthcare facilities where individuals can consume drugs under the supervision of trained …

Revolutionizing Online Shopping: Innovative Postal Code and State Selection Tool Debuts in Ontario

In the digital age, navigating the countless options presented on a standard dropdown menu in online forms can be a mundane yet crucial aspect of our interconnected lives. From signing up for newsletters to online shopping, the seemingly simple act of selecting your location from a lengthy list of global destinations has deeper implications for consumer experience and data accuracy. This ubiquitous feature underlines the vast reach of internet commerce, as choices often span from …

Ontario Man Charged with Second-Degree Murder Following Tragic Home Invasion in Surrey

Surrey, Canada — A 40-year-old man from Ontario has been arrested and charged with the second-degree murder of Tori Dunn, who was tragically killed during a violent home invasion on June 16, coinciding with Father’s Day. Dunn, aged 30, was assaulted in her residence located in the 9800-block of 182A Street, leading to her untimely death. Authorities identified the suspect as Adam Mann, who was apprehended while officers were responding to the distress call at …