TD Bank hit with record US$3 billion fine over drug cartel money laundering
TD Bank will pay US$3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday.
General Motors (GM) has issued a recall for 38,000 vehicles for safety risks related to a software glitch, Transport Canada reported in a notice on Wednesday.
Here's what to know:
The glitch, said to affect 2023 and 2024 editions of popular Cadillac, Chevrolet and GMC-branded models, involves the warning lamps that indicate low brake fluid.
Under certain conditions, warning lamps may fail to turn on, allowing the car to lose effectiveness in braking, undetected.
"A driver that isn't aware of a low brake fluid level could experience reduced braking and an increased risk of a crash," the recall notice reads.
Makes and models under the recall include the following:
In all, 38,382 individual trucks and SUVs are estimated to have been affected.
Transport Canada says that GM will notify owners by mail and "send a wireless over-the-air software update to eligible vehicles," targeting their electronic brake control modules.
Alternatively, Transport Canada advises owners may schedule an appointment at a GM dealership to ensure the update has been performed.
To learn more, you can call GM's customer line at 1-800-263-3777, or visit their recall centre online at https://experience.gm.ca/en/ownercenter/recalls.
This story has been corrected to say that General Motors issued the recall.
TD Bank will pay US$3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday.
Both the Liberals and Conservatives are claiming a win after the Parliamentary Budget Officer (PBO) released an updated report on the economic impacts of the federal carbon tax on Canadian households.
Milton made landfall as a Category 3 storm Wednesday night, causing widespread destruction and immobilizing critical infrastructure. The extent of the damage is not yet known.
Hurricane Milton ripped through Florida Wednesday evening, leaving a trail of destruction, flooding and power outages.
Several models of Fisher-Price infant swings have been recalled in Canada after the company received reports of fatalities link to affected products.
The hosts of ABC's 'The View' clapped back at Donald Trump on Thursday, a day after the Republican nominee for president insulted co-hosts Sunny Hostin and Whoopi Goldberg.
Florida saw a record number of tornado warnings in a single day Wednesday. An expert says this phenomenon is not unheard of.
Police north of Toronto have released video of what they’re describing as a violent, targeted robbery in Thornhill, where suspects boxed in the victim’s car and made off with a suitcase filled with cash.
Conservative Leader Pierre Poilievre says that while his party backed a Bloc Quebecois motion seeking money to boost seniors' benefits, he thinks there are 'other ways' to address affordability for older Canadians.
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Saskatchewan’s Jessica Campbell has made hockey history, becoming the first ever female assistant coach in the National Hockey League (NHL).
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A B.C. couple is getting desperate – and creative – in their search for their missing dog.
Videos of a meteor streaking across the skies of southern Ontario have surfaced and small bits of the outer space rock may have made it to land, one astronomy professor says.
A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.
Bernie Hicks, known as the ‘Batman of Amherst,’ always wanted to sit in a Batmobile until a kind stranger made it happen.
Bubi’s Awesome Eats, located on University Ave West took to social media to announce the closure on Friday.
Weeneebayko Area Health Authority and the Government of Ontario have awarded a $1.8 billion fixed-price contract to design, build and finance a new Far North hospital.