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Ontario Autism Charity Under Police Investigation for Grant Mismanagement

  Premier Doug Ford and Jake's House co-founder David Bodanis pose on Nov. 25, 2018 at the charity's "Legend of Distinction Ceremony" honouring Toronto Police Supt. Ron Taverner. Ontario Provincial Police have opened an investigation into Jake’s House for Autistic Children, a charity that has received substantial provincial funding over the years. The review focuses on how the organization handled government grants after concerns were raised by provincial officials about its financial practices and overall governance. Jake’s House, known for providing programs and support to families affected by autism, had previously been funded through multiple provincial initiatives, including workforce‑related programs. Government ministries flagged ongoing issues with the charity’s financial oversight, prompting the province to halt funding and refer the matter to police. The OPP’s anti‑rackets branch is now examining whether public funds were managed appropriately. The invest...

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U.S. stocks retreat from record highs ahead of jobs data


U.S. stocks ended lower on Monday, pulling back from record highs reached last week. The S&P 500 fell 0.5%, the Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite dropped 0.8%.

Investors were cautious ahead of some key reports this week on the U.S. economy, especially the jobs market The reports could provide more clues on the Federal Reserve’s stance on interest rates and inflation.

Technology and communication services stocks were among the biggest losers on Monday. Microsoft, Nvidia, Meta Platforms, and Netflix all declined more than 1.5%. Alaska Air Group plunged 14.2% after announcing a deal to buy Hawaiian Airlines.

Markets in Europe and Asia closed mixed on Monday. U.S. crude oil prices fell 1.4%, easing some inflationary pressure.

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