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Peladeau buying Montreal taxi firm, including insolvent electric taxi company

Pierre Karl Peladeau says the deal results from the acceptance of the final purchase offer put forward by Placements Saint-Jerome, a division of Groupe Peladeau. MONTREAL - The head of Quebecor Inc. says he is personally acquiring the assets of Taxelco, which owns two large Montreal-area taxi companies and insolvent electric transportation firm Teo Taxi. The businessman posted online that the transaction is scheduled to close May 31. Peladeau says the acquisition will allow his investment firm to play a “significant role in the responsible and necessary pursuit of the green and electric migration of taxi transportation services in Montreal.”He added that the deal will ensure the operation of Taxi Diamond and Taxi Hochelaga, the preservation of several jobs and the safeguarding of Teo Techno technology and trademarks associated with Teo Taxi.

Source:thestar

April 25, 2019 17:03 UTC


Hamilton mobster Pat Musitano shot in Mississauga, Ont.

Notorious Hamilton mobster Pat Musitano has been shot. Peel police said at a news conference that the victim was shot multiple times outside his vehicle. An SUV parked in front of Malik's office was towed from the scene Thursday morning. Call received at 7:03 a.m. PR19-0149873 —@PeelPoliceMediaMalik would not say what Musitano and Irving were meeting about, citing "solicitor/client privilege." (Yanjun Li/CBC)Weeks after Angelo Musitano was killed, Pat Musitano's home on St. Clair Boulevard in Hamilton was also shot up.

Source:CBC News

April 25, 2019 16:30 UTC


Bombardier weighs on Toronto stocks, U.S. markets also move lower

The S&P/TSX composite index was down 11.80 points at 16,574.72 as shares of Bombardier fell following a move by the company to cut its financial guidance for the year. TORONTO - Canada’s main stock index fell in late-morning trading as Bombardier Inc. shares weighed on the key industrials sector. The S&P 500 index was down 5.23 points at 2,922.02, while the Nasdaq composite was down 0.55 points at 8,101.46. The Canadian dollar traded for 74.10 cents US compared with an average of 74.21 cents US on Wednesday. The June crude contract was down 11 cents at US$65.78 per barrel and the June natural gas contract was down 3.6 cents at US$2.54 per mmBTU.

Source:thestar

April 25, 2019 15:22 UTC


HOPING FOR HAPPY ENDING: Kraft's lawyers set to challenge sex video

Their main job is to make sure the public never sees videos that police say show Kraft twice paying for sex at a Florida massage parlour. He also said Hanser will rely on what the officers and the judge who issued the search warrant believed in January about the possibility of human trafficking, not what is known now. Kraft and 25 other men were charged in February with paying for sex acts. Those who haven’t would benefit if Kraft succeeds in getting his videos thrown out, as their attorneys could cite the ruling. Prosecutors originally said the spa might be involved in human trafficking, but have retracted that.

Source:National Post

April 25, 2019 15:11 UTC


How North Korea's ghost ships sneak past sanctions to ship millions in coal around the world

Acting on a tip, Indonesia’s Navy detained the vessel, which identified itself as the “Wise Honest” from Sierra Leone. But when inspectors went aboard, they found two dozen crew members and registration documents indicating a different country of origin — North Korea. “If they see North Korean coal is cheaper to buy because it’s illegal, there’s an increased profit margin,” he said. The UN Security Council banned North Korean coal exports — the country’s largest source of external revenue — in August 2017, after Pyongyang carried out several missile launches. Part of that money was a commission payment for helping arrange sale of the Wise Honest coal, Griffiths said.

Source:National Post

April 25, 2019 14:37 UTC


Hamilton mobster Pat Musitano shot in Mississauga, taken to trauma centre

Hamilton mobster Pasquale (Pat) Musitano was shot but not killed in Mississauga on Thursday morning, a day after he failed to attend his uncle’s funeral. ( RON POZZER / THE HAMILTON SPECTATOR ) Peel police officers at the scene of the Thursday-morning shooting of Pat Musitano. Pat Musitano is shown in the back of a police van after his 1998 arrest over the killing of John Papalia. Pat Musitano was a decade older and seen as very protective of his baby brother. Cece Luppino’s grandfather Giacomo was considered by police to be the Niagara Region underboss for the old Magaddino crime family of Buffalo.

Source:thestar

April 25, 2019 14:26 UTC


Florida lawmakers disagree on funding state’s tourism agency

Visit Florida, the state's tourism agency, is caught in the middle of a funding dispute among lawmakers. Visit Florida, the state's tourism agency, is caught in the middle of a funding dispute among lawmakers. But the final budget agreement has not yet been reached and it remains possible Visit Florida could still survive before lawmakers adjourn. Dominic Calabro, president of Florida Tax Watch, called the agency an “economic engine,” saying Visit Florida plays a major role in funding education and public works. Although the business has some funds set aside for advertising, their reach is minuscule in comparison to the power of Visit Florida.

Source:thestar

April 25, 2019 14:26 UTC


Bond 25 launches in Jamaica with Rami Malek joining as the villain

NEW YORK—The 25th James Bond movie and Daniel Craig’s fifth and final installment as 007 is heading home to Jamaica. Rami Malek is joining the cast of the still untitled 25th James Bond movie as the villain. ( ANGELA WEISS / AFP/GETTY IMAGES )Rami Malek, fresh off his Oscar win for “Bohemian Rhapsody,” is joining the cast as the villain. In a videotaped message, Malek said he’ll make sure Bond “will not have an easy ride of it” in Bond 25. Waller-Bridge, whom producers said was brought aboard by Craig, is just the second woman to ever write a Bond film.

Source:thestar

April 25, 2019 13:20 UTC


Ambassador demonstrates the 'Dutch reach'

Here's Kingdom of the Netherlands Ambassador Henk van der Zwan with a demonstration:Here’s Dutch Ambassador Henk van der Zwen demonstrating the ‘Dutch Reach’. So that is the safest way of doing it," van der Zwan explains. In North America, it's called the "Dutch reach," but in the Netherlands, they don't even need a name for it — it's that common. "It's in our DNA … kids grow up with it," van der Zwan said. How do you feel about the Dutch reach?

Source:CBC News

April 25, 2019 13:07 UTC


First round duds mar opening of NBA playoffs

( Craig Mitchelldyer/The Associated Press )Thank whatever deity it is you worship for Damian Lillard because that dude saved the first round of the NBA playoffs. Article Continued BelowBunch of sweeps, a few five-game “gentlemen’s sweeps” and more blowouts than a Tuesday night in January, it’s been a dog’s breakfast of an opening round. But other than that, and maybe now the Clippers after last night’s win, there really hasn’t been much special about the first round. Probably has to do with time zones and starting times and the lateness of the games in those two series, right? Hopefully the second round series, which we’ll delve more into in the 48 hours or so, can rescue this time of year because it needs rescuing.

Source:thestar

April 25, 2019 12:31 UTC


Probe clears acting defence head of alleged bias in Pentagon

WASHINGTON — The Pentagon’s watchdog agency on Thursday cleared Acting Defence Secretary Patrick Shanahan of wrongdoing in connection with allegations that he had used his official position to favour his former employer, Boeing Co. The decision by the Defence Department inspector general appears to open the door for President Donald Trump to nominate Shanahan to succeed Jim Mattis as defence secretary. After Mattis quit last December in protest of Trump’s policies, the president installed Shanahan as acting secretary but did not nominate him. Shanahan, who spent 31 years at Boeing, has been serving as the interim Pentagon chief since Jan. 1, after Mattis resigned. The allegations of bias toward Boeing stemmed from his 18 months as deputy defence secretary, beginning in July 2017.

Source:National Post

April 25, 2019 11:41 UTC


Precision Drilling reports first-quarter profit, revenue up from year ago

CALGARY - Precision Drilling Corp. says it earned a profit in its latest quarter compared with a loss a year ago as its revenue improved eight per cent. Trainee Kyle Robinson, left, talks with instructor Clint Dyck train to lay down drill pipe on a rig floor at Precision Drilling in Nisku, Alta., on Friday, January 20, 2016. Precision Drilling Corp. says it earned a profit in its latest quarter compared with a loss a year ago as its revenue improved eight per cent. Revenue for the three-month period grew to $434 million, compared with $401 million. Excluding sale of drilling assets in Mexico and restructuring charges, Precision Drilling says it earned $1 million or zero cents per diluted share in the quarter.

Source:thestar

April 25, 2019 11:37 UTC


City should up its road-painting game, report finds

It's time for the city to spend millions of dollars to upgrade the equipment it uses to paint lines and other markers on roads, according to a staff report. The city currently has one truck to paint 5,500 kilometres of road and 6,500 intersections every year, the report adds. Jeff Leiper, vice-chair of the transportation committee, said he was surprised the city only has one vehicle to paint lines. The report also suggested the city purchase an $80,000 pavement marking dryer to allow road painting to continue in wet weather. In 2017, city road crews lost 25 of 70 work shifts due to rain events, the report noted.

Source:CBC News

April 25, 2019 11:26 UTC


Water levels continue to rise in two lakes in Bracebridge area, says mayor

Bracebridge is advising some residents of the Springdale Shores, Holiday Park Drive and Cedar Shores areas to leave their homes amid continued flooding. Bracebridge and the nearby Township of Minden Hills have declared emergencies due to flooding, while dozens of other areas are under flood watches or warnings. Article Continued BelowOfficials in eastern Ontario are also warning that water levels on the Ottawa River could reach levels last seen during the floods of 2017. Michael Sarich, senior water resources engineer with the Ottawa River Regulation Secretariat, says levels have been “sharply increasing” over the last week. Article Continued Below“In 2017, levels and flows reached unprecedented historic levels, pretty well for most of the length of the Ottawa River.

Source:thestar

April 25, 2019 11:15 UTC


Two people in serious condition after Scarborough stabbing

Two people are in serious condition after a stabbing in Scarborough on Wednesday night. Toronto police recieved a call at approximately 11:30 p.m. about a stabbing in the area of Confederation Dr. and Greencrest Cir., according to Const. David Hopkinson.

Source:thestar

April 25, 2019 11:03 UTC


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