Rogers looks for cost savings in sports portfolio after becoming MLSE majority owner
The Toronto-based telecom company believes its stock price undervalues its media and sports holdings and says it is 'pursuing all options ... to monetize and surface the very substantial unrecognized market value' of those assets.
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National Post
22 minutes ago
- National Post
Despite record, Blue Jays pitchers struggling to keep the ball in the park
Los Angeles Dodgers' Mookie Betts celebrates as he heads to third after hitting a two-run home run as Toronto Blue Jays third baseman Addison Barger watches. AP Photo Blue Jays manager John Schneider has known it for weeks and, over the past three games in Los Angeles, the World Series champion Dodgers exposed the weakness. THIS CONTENT IS RESERVED FOR SUBSCRIBERS Enjoy the latest local, national and international news. Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events. Unlimited online access to National Post. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles including the New York Times Crossword. Support local journalism. SUBSCRIBE FOR MORE ARTICLES Enjoy the latest local, national and international news. Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events. Unlimited online access to National Post. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors If the Jays are going to make anything meaningful happen down the stretch and beyond, their pitching staff is going to need to find a way to keep the baseball in the ballpark, something the Toronto skipper has publicly acknowledged. While Sunday's series-salvaging 5-4 win over the Los Angeles Dodgers was an emotional highlight, it was going down an all-too-familiar road early on. When Eric Lauer allowed a pair of first-inning homers — as uncharacteristic as that was for him and his terrific season to date in the rotation — it bumped the Jays total of dingers allowed so far this season to a somewhat-alarming 161. Of note, that's the fourth worst in the majors and the only three with higher totals — the Rockies (173), Athletics (170) and Orioles (170) are entrenched as last-place teams in their respective divisions. And yes, that's a concern, bordering on panic (with the fan base, anyway) if the Jays don't get it fixed in time for the important games that await. Dodgers hitters were just the latest to take advantage of starters (Chris Bassitt also allowed a pair of homers on Saturday and was chased after 4.2 innings of work). Again, not a crisis as the team and the pitching staff navigate the natural highs and lows of a season, but it will be a point of emphasis for Schneider and his staff to get in check. Bassitt and Jose Berrios lead the team with 20 homers allowed each, followed by injury list resident Bowden Francis (19) and then Kevin Gausman (17). Closer Jeff Hoffman has surrendered the most among Jays relievers with 10. Berrios led the team in that department in 2025 with 31, followed by Gausman (20) and Bassitt (18). The Jays pitching situation will be the topic of a loud narrative for the remainder of the season with so many points, both fair or unfair. The struggles of Hoffman on Sunday — he walked in the tying run in the eighth and couldn't locate the plate in the ninth — will be prominent, as will how the rotation will unfold when Shane Bieber returns to the big leagues at some point in the next week or two. Buck Martinez nailed it on the Sportsnet broadcast when he introduced Mason Fluharty's entrance into the game with the bases loaded and back-to-back former MVP's due up. 'First save opportunity, it can't get any bigger than this,' Martinez said in his first weekend back in the booth.
CTV News
an hour ago
- CTV News
Hudson's Bay lease sale may negatively impact pension fund: OMERS' real estate arm
TORONTO — The real estate investment arm of one of the country's largest pension funds is worried about the value of its assets if a B.C. billionaire is able to buy 25 Hudson's Bay leases at its properties. In court documents filed over the weekend, Oxford Properties Group argues Ruby Liu would diminish the value and stability of its real estate portfolio and by extension, adversely affect the long-term interests of millions of OMERS pension plan beneficiaries. Liu is looking to take over about two dozen Bay leases and use the spaces to build a new department store she will name after herself and fill with entertainment, dining and recreation spaces. Landlords, including Oxford, are fighting Liu, saying her plans are underfunded, have unrealistic timelines and are bound to fail. Liu is confident she can win the property owners over if a court allows her purchase of the leases to go through. The leases include three Oxford properties — Southcentre Mall in Calgary, Hillcrest Shopping Centre in Richmond Hill, Ont., and Upper Canada Mall in Newmarket, Ont. Oxford is the real estate division of Ontario Municipal Employees Retirement System, which administers the pensions of more than 600,000 plan members. Oxford has more than $79 million in assets under management and hundreds of properties on four continents. This report by The Canadian Press was first published Aug. 11, 2025. Tara Deschamps, The Canadian Press
CTV News
an hour ago
- CTV News
Tech stocks help lift S&P/TSX composite higher
A trader works on the floor of the New York Stock Exchange, Friday, Aug. 1, 2025, in New York. (AP Photo/Yuki Iwamura) TORONTO — Strength in technology stocks helped lift Canada's main stock index in late-morning trading, while U.S. markets were mixed. The S&P/TSX composite index was up 35.34 points at 27,794.02. In New York, the Dow Jones industrial average was down 143.06 points at 44,032.55. The S&P 500 index was down 0.09 points at 6,389.36, while the Nasdaq composite was up 35.81 points at 21,485.83. The Canadian dollar traded for 72.51 cents US compared with 72.72 cents US on Friday. The September crude oil contract was down nine cents US at US$63.79 per barrel. The December gold contract was down US$87.00 at US$3,404.30 an ounce. This report by The Canadian Press was first published Aug. 11, 2025.
