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Toronto-bound lanes on QEW shut down after multi-vehicle collision in St. Catharines

Toronto-bound lanes on QEW shut down after multi-vehicle collision in St. Catharines

A multi-vehicle collision involving two tractor trailers has shut down all Toronto-bound lanes of the
QEW at Niagara Street
in St. Catharines on Monday morning, Ontario Provincial Police said.
The collision occurred before 8 a.m. and involves two tractor-trailers and four vehicles, police said in a
post on X
.
Two people have been transported to hospital with minor injuries, police said.
Burlington OPP are on scene and motorists are being advised to avoid the area and plan alternate routes, OPP said.
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AmeriTrust Further Enhances its Management Team
AmeriTrust Further Enhances its Management Team

Associated Press

time2 days ago

  • Associated Press

AmeriTrust Further Enhances its Management Team

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For further information, please visit the AmeriTrust website or contact: Shibu Abraham Chief Financial Officer and Director E: [email protected] P: 800-600-6872 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Forward-Looking Information Certain information included herein is forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information may include statements regarding the objectives, business strategies to achieve those objectives, expected financial results (including those in the area of risk management), economic or market conditions, and the outlook of or involving AmeriTrust, its subsidiaries and its businesses. Such information is typically identified by words such as 'anticipate', 'believe', 'continue', 'estimate', 'expect', 'plan', 'forecast', 'future', 'outlook, 'guidance', 'may', 'project', 'should', 'strategy', 'target', 'will' or similar expressions suggesting future outcomes. Forward-looking information is provided for the purpose of providing information about management's expectations and plans about the future and may not be appropriate for other purposes. Forward-looking information herein is based on various assumptions and expectations that AmeriTrust believes are reasonable in the circumstances. No assurance can be given that these assumptions and expectations will prove to be correct. Those assumptions and expectations are based on information currently available to AmeriTrust, including information obtained from third party industry analysts and other third-party sources, and the historic performance of AmeriTrust's businesses. 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The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available. SOURCE: AmeriTrust Financial Technologies Inc. press release

AutoCanada stock sees 90% year-to-date surge as BMO doubles its price target
AutoCanada stock sees 90% year-to-date surge as BMO doubles its price target

Yahoo

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AutoCanada stock sees 90% year-to-date surge as BMO doubles its price target

AutoCanada ( shares hit their highest level in over three years on the Toronto Stock Exchange on Thursday, fuelled by better-than-expected financial results and praise from Bay Street analysts. The stock has had a blistering run in 2025, up nearly 90 per cent year-to-date. The Alberta-based chain of auto dealerships operates 64 franchised lots in eight provinces, spanning 23 automotive brands. The company reported second-quarter results after Wednesday's trading session. While sales slipped for the quarter ended June 30, adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped to $64.4 million, versus $33.5 million booked in the prior year. 'This is an objectively much better-than-expected quarter,' National Bank analyst Maxim Sytchev wrote in a note to clients on Wednesday. Executive chairman Paul Antony said on Tuesday that AutoCanada is ahead on its cost-cutting plan. He estimates the company is on track to save $115 million in 2025, up from an original estimate of $100 million at the start of the year. On Thursday, Toronto-listed AutoCanada shares climbed as much as 15.8 per cent, bringing the stock to its highest level since early 2022. Shares have gained over 89 per cent year-to-date. The stock is up more than 120 per cent over the past 12 months In July, AutoCanada announced a plan to sell 13 'underperforming' dealerships in the U.S. to undisclosed buyers for $82.7 million. The company says these transactions are set to close in the second half of this year. AutoCanada also aims to sell four additional American dealerships as part of its exit from the U.S. market. On Tuesday, the company said it expects $115 million to $130 million in total net proceeds from the sale of its U.S. dealerships. RBC Capital Markets analyst Sabahat Khan figures the company will fetch $32 million to $47 million in net proceeds from the remaining dealership sales. 'We view the prospective sales price for the remaining U.S. dealerships positively,' he wrote in a research note on Thursday. BMO doubles price target on AutoCanada stock BMO Capital Markets analyst Tamy Chen doubled her price target on AutoCanada shares following Wednesday's financial results. She lifted her target to $40 from $20, while raising her rating to 'outperform' from 'market perform.' "Our previous market perform rating reflected a desire to wait and see on management's execution of the company's significant cost-reduction plan. Financial performance has been uneven in the past, so we were prepared to miss some initial potential upside for some better visibility on execution," Chen wrote. "It has now been two quarters of much better results. A stable macro backdrop has helped, but the highlight of these recent quarters is the flow through of benefits from ACQ's cost reduction plan." RBC's Khan raised his price target on AutoCanada shares to $33 from $27, while maintaining a 'sector perform' rating. National Bank's Sytchev raised his price target to $36 per share from $28, while maintaining an 'outperform' rating. Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on X @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android. Sign in to access your portfolio

Journie Rewards Creates Life-Changing Experiences for Driving Academy Families
Journie Rewards Creates Life-Changing Experiences for Driving Academy Families

Yahoo

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Journie Rewards Creates Life-Changing Experiences for Driving Academy Families

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Whether its fitness programs provided through CGR's Human Performance Center, a beginner session on business best practices, or one-on-one time with Kyffin Simpson, driver of the No. 8 Journie Rewards Honda, and Bryce Aron and Niels Koolen, CGR's INDY NXT by Firestone drivers, the JDA drivers have learned a lot in a short amount of time. Periodic check-ins and year-long development continue to be a priority for the team as all three drivers approach the home stretches of their racing seasons. A VIP Toronto Weekend: All three JDA drivers attended the INDYCAR SERIES Indy Toronto weekend in July, getting a VIP experience courtesy of Journie Rewards. The drivers met Simpson in-person for the first time and cheered him on as he scored his first career INDYCAR podium in the race. The drivers also had a surprise meeting with Canadian motorsports legends Ron Fellows, James Hinchcliffe and Robert Wickens, all while getting a behind-the-scenes look at CGR's INDYCAR operations. An exclusive dinner downtown, complete with private racing simulator time, capped an incredible weekend in Canada's largest city. The Journie to Victory Lane: The JDA drivers have exceled on the track so far this season. Combining for nine wins, 11 poles and 22 podium finishes, the three drivers will work toward more wins and compete for championships as their seasons continue. Quoteboard: Dustin Klym, father of Jack Klym: "As parents, we viewed motorsport as an opportunity to develop our sons' individual abilities and character. Our goal was to give him the tools to reach beyond our family business, set and achieve his own goals. Inspiration and momentum are very powerful things, and this program delivers. The people at Journie Rewards and Chip Ganassi Racing are passionate about this program, and passionate about giving back to the next generation. We have built friendships and professional relationships that will carry Jack far into his future in motorsports. Thank you, Journie Rewards and Chip Ganassi Racing!" Kurt Reddish, father of Nathan Reddish: 'Being a part of the Journie Driving Academy has been a huge help in covering many of the karting expenses this year, especially since it's Nathan's first year in club racing. Without this support, it would have been much harder to afford team support and get the necessary seat time he needs to improve. One of the most exciting parts has been meeting and talking with the Chip Ganassi Racing team. Getting their perspective and tips on karting has really helped me understand more about what it takes to reach the next level. I don't think we would have received this kind of advice so early in Nathan's journey, and it's already made a big difference in how we approach race weekends. Nathan really feels like he is part of a team. This entire experience has been a dream come true for Nathan.' Clive Deonarine, father of Decklan Deonarine: 'Being part of the Journie Driving Academy has truly been life-changing for both Decklan and our family. Racing at a high level is an incredible opportunity, but it comes with costs that can be overwhelming for most families. The Academy's backing has taken a tremendous weight off our shoulders, allowing us to focus on Decklan's growth and performance instead of constantly worrying about how to fund the next step in his career. That support has opened doors to experiences we simply couldn't have accessed otherwise. It's also given him confidence knowing that a respected program believes in his talent enough to invest in him. For me as a parent, it's been a relief and a joy to be able to focus on supporting him emotionally and strategically, rather than being stuck in an endless financial juggling act. The Journie Driving Academy hasn't just eased the financial burden, it's accelerated Decklan's journey toward his dreams, given him invaluable experiences, and made this path feel sustainable and achievable for our whole family.' About Chip Ganassi Racing Chip Ganassi has been a fixture in the auto racing industry for more than 35 years and is considered one of the most successful and innovative owners in motorsports. Today, his teams include three Honda cars in the NTT INDYCAR SERIES and two entries in INDY NXT by Firestone. Chip Ganassi Racing (CGR) has won 24 championships and over 270 races, including six wins in the Indianapolis 500, eight Rolex 24 At Daytona victories, and wins in the 12 Hours of Sebring and the 24 Hours of Le Mans. CGR boasts state-of-the-art facilities in Indianapolis, where the INDYCAR and INDY NXT teams are located, and a corporate office in Pittsburgh. For more information, visit Press Contact Colin Kulpa ckulpa@ Photos accompanying this announcement are available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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