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Business News
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Grace turns the corner on Melissa
Business Aug 2, 2026 | 01:07 amGraceKennedy’s recovery from the disruption caused by Hurricane Melissa gathered momentum in the second quarter, helping to lift profits as its food operations rebounded and its financial services businesses delivered strong growth. The conglomerate reported net profit of $2.5 billion[…]
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Dozens of properties headed to auction amid jump in past-due loans
Business Aug 2, 2026 | 01:07 amA commercial plaza, a medical facility, and resort-area properties are among dozens of mortgaged properties scheduled to be auctioned in August. It comes amid a three-quarter rise in past due loans across the financial sector, according to latest Bank of[…]
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Redback Tours Inc. v. Canadian Equipment Finance & Leasing Inc., 2026 ONCA 555 (CanLII)
New Decisions : Court of Appeal for Ontario Jul 30, 2026 | 00:00 amContracts — Loan agreements — Acceleration clauses — Whether acceleration clause permits demand of unaccrued, future interest — “Indebtedness” defined to include interest present or future, matured or not — Reading the contract as a whole disclosed no contradiction —[…]
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Nguyen v. Pham, 2026 ONCA 559 (CanLII)
New Decisions : Court of Appeal for Ontario Jul 30, 2026 | 00:00 amProcedure — Costs — Draft order approval — Whether the draft order accurately reflects the parties’ settlement — Exchange of correspondence establishes settlement on costs terms — Objection to form and content unfounded — Fair and reasonable all‑inclusive $7,500 costs[…]
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