The Latest Breaking News from Ontario

Ontario, Canada's most populous province, will hold an election on June 2 with incumbent Progressive Conservative leader Doug Ford favored in the polls.

Incumbent Progressive Conservative Doug Ford is leading the race to win a second term as Ontario premier with promises of tax relief at the gas pump amid soaring inflation and fixing clogged highways in Canada's biggest city, Toronto.

WM Technology, Inc.

On April 27, Senator Diane Bellemare published an op-ed in the Globe and Mail opposing a proposal for guaranteed basic income where all Canadian citizens and residents over the age of 17 would receive unconditional guaranteed sufficient income.

Paysafe Limited (NYSE:PSFE) reported a first-quarter FY22 revenue decline of 3% year-on-year to $367.7 million, missing the consensus of $371.7 million. Total Payment Volume of $31.2 billion increased 13% Y/Y. Segments: US Acquiring revenue rose 10.3% Y/Y to $169.1 million, eCash revenue declined 10.5% Y/Y to $101.1 million, Digital Wallets revenue fell 13.4% Y/Y…

The Ontario Progressive Conservative (PC) government’s attempt at re-election brings to the forefront questions of Canadian conservatism and its viability, not just in the country’s most populous province.

Nova Cannabis Inc. (TSX:NOVC) (OTCQB: NVACF) released its unaudited condensed interim consolidated financial statements for the three months ended March 31, 2022.

FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRE: 0K9A) has closed the sale of the company’s former cannabis processing facility located in Cobourg, Ontario, Canada, for gross proceeds of CA$16.4 million ($12.65 million) in cash.

Investigation into the crash at Sioux Lookout revealed two of four passengers were fleeing murder and conspiracy charges