mostly from the head office locations in the toronto area.now is bloomberg tv canada anchor. 1%y, while it is less than of the total workforce, that is a lot of jobs. >> it certainly is. most of those jobs are concentrated at their head office location in toronto. we are looking at less than 1% of their workforce, about 75,000 or so people. areet a sense of why they doing this, i want to read you a couple of words that stood out to me, looking through the email statement that a representative sent around this morning. it includes the words "digital, data, new technology." at its core, it seems to be about acknowledging the new reality of how consumers bank. a lot of it is moving to the digital realm and there is an acknowledgment that they have to adjust. essentially, what it seems they are doing is trying to find some cost savings by cutting these jobs with the intent of reinvesting that money into technology. >> could technology jobs be in toronto? is anything closing? >> i'm sorry? will technology jobs that might be created as a result of

at the toronto film festival, "a death of the president," won an award where they have had kathy griffin we had donald trump. they have robert de niro say he wantsum to punch out the president. my dharma wants to bomb the white house. this isn't just a one off. this is something that is in the bloodstream of the left.

anteriores y entonces el nuevo descubrimiento lo realizaron un par del investigadores de la universidad de torontodÁ. >>> eso. >>> algunos tambiÉn han informado de tomar una ducha despuÉs de cometer un acto impuro para asa de lavar la culpa. >>> es cierto eso. me ha pasado. despuÉs me he baÑado y quedo relajado. >>> bueno es que la ducha te

in baseball, toronto rallied late to beat the yankees retreated back to.ave the highlights. wet and cool in the northeast. where's summer? janice dean will have the answer for that one, not. i'm trying -- coming up. is punctured lauren: let's take a look at the latest in sports. and a final scrub two games to none lead the cleveland cavaliers. cleveland cavaliers. win32-113 last night. steve kerr returned to the sideline about six weeks with back problems. south korea reported his first career postseason triple-double. 32 points, 11 assists, 10 rebounds for the brunch inside his own triple-double in a losing effort. beating the yankees 3-to yesterday without i have. a tying two-run homer off trevor reese severino in the sixth inning. jeff donaldson against tyler clipper in the eighth. the rally gave them a four-game split. cheryl: well come it didn't rain too much over the weekend for baseball, but what's going to happen on this monday in the weather department? fox meteorologist janice dean. trim it rained all day yesterday for me. >> i was at the met gam

yesterday it was to the north of toronto. it is slowly drifting eastward and it is creating the showers moving through area. we have a little bit of cloud tonight. and we hit a high of 69 for a high and should be at 80. the highest wind gust was 20 miles an hour and picked up .2 inch of rain. 56 degrees out there. the winds out of the east to 10 miles an hour. 55 in mt. holly and trenton at 55. only 47 up in the southern poconos, though. let's go hour by hour and get you ready for tomorrow and beyond. we will be looking at winds coming in out of the north. the temperature tomorrow only in the 60s. but, by thursday, we have clouds and sun and we make into the low and mid-70s and we start on friday, the forecast models bring a sprinkle through. i'm doubtful about that. and we are going to be in the low 80s on friday and hitting the 90s by the time we get into the second half of the weekend. 69 today, 65 tomorrow. but then we climb all the way up to 86 by saturday. we are going to see rain showers out there. 55 in philadelphia.

you have seen the same things start to happen in toronto. erik: we charted the balance.rowth -- growth and mortgage balances for canadian banks and cibc is growing these balances at a very healthy clip, while three of your rivals are stepping off the gas pedal. doubter my look at that and say that does look like what some banks were doing before the mortgage crisis of 2008. some banks sped ahead while others backed off and the ones that sped ahead and did up getting into deeper trouble. why won't that scenario repeats itself in canada? victor: we are the number four mortgage lender in the country. we transitioned out of the mortgage broker business where it was difficult to build relationships with clients. we have been investing in a mobile platform, mobile mortgage advisors. we have grown that faster than anyone else as we transition from people who were not part of our bank to people who were part of our bank. as a result, we are building deeper relationships. it is important to look at what else is coming in with those mortgages. are those clients full clients of cib

is taking part in a pride celebration in toronto. the prime minister could be seen in the crowd marching with thousands. last year, trudeau made history when he became the first sitting prime minister to take part in a pride event. he marched in pride festivals in both toronto and vancouver. the event in toronto is one of canada's largest festivals celebrating the l-g-b-t community. (justine) the government in turkey cancelled the pride celebration... but that did not stop some supporters from participating in impromptu marches.. just yesterday the governer outlawed today's planned march. you can see police and security were patrolling trying to prevent it from happening.. ten people were taken into custody. (justine) for all the highlights from pride weekend download our kron4 mobile app it's free in the apple app store and google play store. we will also notify you when breaking news happens in your area with push alerts. (justine and jr)adlib toss to weather lawrence karnow: a nice sea breeze helped bring cooler temperatures to th

the trump tower in toronto opened its door in 2012. today we learned it would keep its doors open under a new buyer, but they will strip trump's name off it and several the relationship with the trump company. veb also factors into the white house investigation because of an undisclosed meeting that trump's son-in-law and senior adviser jared kushner took with the chairman of veb during the president yap transition in new york. given what veb is, given that it is a bank sanctioned by the u.s. government, it is wholly controlled by the russian government, linked in multiple base includes through its chairman to russian intelligence services, includes an operation apparently run out of veb's branch in new york to recruit americans to become spies for russia in new york city, given who veb is and what its history jared curb mer meeting the head, that's a very notable meeting for him to have taken, in terms of the investigation, it is all the mortgage notable that jared kushner did not disclose that he had taken that meeting until after it

toronto puts the game away. score on the corner kick.united gets shut out again. 2-0. >>> and captured the hearts of america. the star of the between inning promotion in atlanta. groundskeeper, mr. freeze, and gives fans 200 head start and then tries to beat them down and until last night, down goes mr. freeze. >> did he flow that guy? >> maybe -- did he know that guy? >> maybe he did. trading partner or something. >> he never loses. >> he did yesterday. >> that guy was scooting. >> yes. >> a couple of hi guys. in the desert.be here. at the mall. on the mountain. at school. at the beach. in the big easy. yeah yeah today i want to show you guys the next-gen chevy equinox. what do you think? that's pretty. pretty sexy. it looks aggressive. but not overbearing. it's not too big. not too small. seems like the perfect car for anybody. i would take it anywhere. she's a bad mama jama. (laughter) current qualified gm lessees can get this introductory lease on the all-new 2018 chevy equinox for around $249 a month. find new roads at your local ch

are getting coverage from tronto where our teams alex the hell of it is live with the latest from toronto alex. and the kenyan government has made it very clear that there's a big no when it comes to any action in syria the defense minister sergeant or sergeant has said this is days ago prior to any of this going down now with the syrian jet that canada has no interest in entering the syria arena we did sign an agreement back in the march that extended our isis fight for three months which would and now at the very end of june this was mostly focused on iraq in the city of mosul canada has officially two hundred special operations troops helping out kurds etc in that area as well as medical and other divisions that are helping the iraqi army we do have special surveillance planes as well as refueling planes that have done actions over the syrian territory that have helped other nato allies such as the u.s. with refueling planes obviously and with logistics on the ground on what's going on but when it comes to that right now because of what we saw happen here with the syrian plane being do

effort to reduce global fossil fuel emissions will be hampered artie's alex were highly which is in toronto with the story alex what is spring the rise of of coal here and abroad. well we've seen a lot of policy shifts happening you know with president donald trump who is talking about a call for a long time and it has been pumped up in the states by about nineteen percent over last year that means that not a poll being mined but really when you look at the whole equation the u.s. is just a fraction of really the big picture the worldwide according to b.p. last year coal production dropped by six point five percent but now the associated press says that up to me it's jumped by six percent that's one hundred twenty one million tons of coal being mined and now you know when you move these numbers around it seems like you know what maybe it's a little bit less a little bit more how much is the u.s. involved here donald trump and china both to switch their policies around they said they're basically to dig out some more coal for energy but really the biggest culprit here is india even when we s

guys just do it so we don't have the problems out here sixty's that much allison highlights from toronto thank you. nearly a decade on some of the hundreds of victims of bernie made off ponzi scheme are finally seeing some justice the slew of new settlements bring the total amount of recovered funds to nearly twelve billion dollars for she is here to fill us in on this bianca and the question on everyone's mind how much money is left to reclaim here so investigators believe at this point in time that made up was able to swindle about twenty billion dollars over the scope of the entire scandal so based on what we learned this week shows that they have made some progress but still have a long way to go right around the time but the two thousand a recession wall street was dealt another major blow with bernie madoff investment scandal and it's taken nearly ten years of the billions of dollars lost to be recovered on tuesday investigators announced that more than twenty three million dollars in assets from made off son's estates had finally been retrieved his children mark and andrew worked

player adding to that the lot that would be libya artie's alex we are live and she joins us from toronto now with more alex analysts are saying oil has entered a bear market what exactly is happening here. well we saw futures drop by one point two percent in new york you know the gloves been happening for a while the drop especially the past four weeks and really the prices are dropping because of what you just mentioned i mean the oil production is up in the states especially you're looking at oil rigs popping up everywhere just. when you look at the past few weeks the number of rigs that have gone up we know that there are over seven hundred and it's been a steady increase with most more rigs we've seen gone up in the past thirty years so this is something that we haven't seen in a while of course this production puts a little bit of a monkey wrench in opec plans to lower oil prices by lowering production and then when you look at non opec countries such as nigeria also pumping up their production well then you really have a problem and with so much oil on the market obviously prices a

that has more for us from toronto alex let's start with the new sanctions implemented by the u.s. against russia what's the latest on that. we all know this happened on tuesday thirty eight individuals and firms sanctions popped up on the from the u.s. side these are all russian are obviously individuals and firms you know it's when you really look at it is intended with the president petro poroshenko his visit to washington he's the ukrainian president these sanctions are supposedly aimed at the issue of the for enjoyment of russia in ukraine so again thirty individuals in firms symbolic more than anything else basically a cookie toss to ukraine but at the same time it's just the irritants obviously to the russians seeing that the sanctions are popped up now let's really face facts here of us saying sions another sanctions from other nations against russia haven't really played that big of a role in the russian economy any sign of that russian economy doing poorly is due to oil prices nothing to do with sanctions i've lived in a country under sanctions for nearly five years in th

hear that man is president donald trump with more on this artist allison highlights joins us from toronto alex trump talks about building the wall deporting people and what does that have to do with canadian immigration policies though. also interesting if you listened to president donald trump on a couple of occasions including that state of the union address now just last week in iowa he's talking about mimicking the canadian system of immigration i'm going to call for a quote from him he wants a total rewrite of our immigration system into a merit based system and guess what canada has a merit based system we allow a lot of immigrants into this country a record last year of three hundred twenty thousand you know it sounds huge or maybe it's different the year before when the conservatives were here but it's not that's always been around for the past few years at least two hundred fifty thousand and up so we see a lot of people coming into this country but guess what these are educated people these are people with university diplomas people who can speak english people that become a par

about this we're joined now by boom bust bank of the shooting here in washington our tease out from toronto bianca let's go ahead and start with you how much is this potential deal worth so the deal is currently estimated to be worth more than thirty seven billion dollars in total eleven countries are planning to buy over four hundred f. thirty five fighter jets from lockheed martin even though it would be a multi-billion dollar purchase it would actually be the most cost efficient of its kind instead of making annual purchases this deal would allow each country to buy in bulk to last over several years on that list of countries interested in buying is the u.s. during the jet's debut at the paris air show a pentagon official explained why. well the airplane is such a fantastic airplane that we want to get out there and showcase the capability to all of our european partners and our nato allies want you to reassure them that we are committed to do it one hundred percent and that we've got the capability to respond to. the other countries on lockheed's fighter jet client list are u.s. allies

this is a bit of area from cuba ventures corp sister the toronto stock exchange we're going to be talking about the lido welcome pleasure all right south cuba is a fantastically interesting spot it's got a huge history with america politically speaking and then suddenly under the obama administration it's been opened up or trying to be opened up it looked like there was going to relax sanctions and there was going to be a great boom folks are really curious about it you know you had to have been a vista social club. you know that great music was happening well me have a situation right now well bombers relax restrictions on tourism mainly to say travel and we and also trade as well so what how does that he's created a bureaucratic listing of twelve categories and which people american says is can travel to cuba for the first time legally however does not include tourism people who go there for so what occasional purpose is cultural purposes journalism professional research that sort of thing for the time being the brothers category for travel is what they call people the people also suppo

the border and the ocean thank you very much with me here in washington our tease out smile rich in toronto. the eighty's bestowed upon us consumer treats like trapper keeper doing his happy little trees ninja turtles transformers and of course flash stamps but let's not forget it was the decade of the video game heavyweights intended and atari the atari twenty six hundred hit the shelves nearly forty years ago in one nine hundred seventy seven with games like pac-man and space invaders and the infamous extraterrestrial it was the king of consuls until nine hundred eighty two now decades later it's poised to make a comeback atari c.e.o. fred revealed that a new atari video game console is in the works the new product would be called a toy. box and would be based off of p.c. technology what that exactly means i have no idea but details such as hardware specifications release dates even the design are currently a mystery it's a big gamble as atari did file for bankruptcy protection less than four years ago that's all for now everybody check out the show on youtube youtube dot com slash two bu

very very big surprise thank you very much for touching on libya with me alex coming out us from toronto thank you time now for a quick break stick around though when we return ford says it's moving production to china it's canceling a plant in mexico and exploiting vehicles from china to the united states for the first time starting in two thousand and nineteen also it's the most expensive house race in u.s. history i guess and i take it from the local level to national and international we're going to look at the implications there as a go to break here the number of cars out. the book. when lawmakers manufacture consent to stand up to the public well. when the ruling classes project themselves. to the final larry go around me the one. doing all middle of the room signal. the real news is the last. in case you're new to the game this is how it works now the economy is built around corporations corporations run washington washington controls the media the media control over the voters elected the businessman to run this country business equals . boom bust it's not business as usual it's

alex and i love it coming out us from toronto thank you so much for that thank you. happy birthday the super bowl rosemary's baby and nicole kidman are just a few things that have turned fifty this year but there is an unsung hero that has turned fifty today and it loves to give you money that's right the first a.t.m. debuted today in london in one nine hundred sixty seven its creator john shepherd baron created the machine after becoming frustrated when he arrives at a bank one minute late and couldn't get any cash we've all been there the unsung mechanical hero of the machine took time getting used to for people in the process it was much much longer because it predated debit cards made their customers use a paper form and pin numbers to access their cash even today a.t.m.'s get a lot of foot traffic with consumers making more than five point eight billion withdrawals in two thousand and fifteen but what's next for the industry is changing with some companies predicting that smartphones would one day replace debit cards at a.t.m. . thanks for joining us that's all

ok let's get the thoughts now going around the political analyst at the university of toronto he joins us to see evening thanks for your time tonight what first what do you make of these strikes when you first heard that that happened did you sense that this was a major escalation in the conflict how do you interpret it. yes it was a major event especially since we saw the drones flying over the targets and the missiles hitting the designated areas it showed that a lot of planning was taken or carried out to make sure this was successful so it obviously wasn't a decision that was taken. over the last couple of days the intelligence gathering operation. took a period of time in what this has been said is that the operation has been successful of course it was a reaction to the terrorist attacks in tehran but i think there's more to it than that. the iranians are sending a message to the united states to the saudis and to the israelis to be careful not to overstep their boundaries be threats that are made against iran are not going to be. tolerated and if there is an attack on iran at an

equation that's right thank you so much for coming in on that south we have that joining us from toronto thank you very much thank you. the fight for fifteen minimum wage movement has gained steam across the united states over the past five years and the debate over the alleged advantages and disadvantages of the policy has just reignite it for she has more on that for us right now how is this new study on the wage increase affected things what side of this debate does it actually favor there's always one you know what side is it so this particular study is certainly favoring the minimum wage take party because the researchers are saying that it hasn't helped the working class and has instead hurt them so that the other side of the argument as you can imagine is not too excited about it. first orders would increase really help. the. lower and middle classes as a result. we're going to start from the top for a second seems like we're being a little confused here so there are a lot of questions to parse through when debating the federal minimum wage first starters wouldn't increase really

toronto's red-hot housing market is showing signs of cooling down a little bit. is tracking the ,umber of sales, down 20% indicating how new home buyers are taking a step back. the white line shows the number of new listings in the region, surging the most in seven years. the ontario government announced on theeign buyer tax greater toronto region to clamp down on speculation. if you look at vancouver, prices came down a bit that now they're back up near record highs. joe: lots of regional angst about all that money coming in. this is the best way in the world to watch tv, tv . i'm looking at our own show from a few minutes ago at the beginning of the show. the best way to recap what's , the future ofo> tv. this is bloomberg ♪. mark: time now for first word news. british police have named the third london bridge attacker as a 22-year-old, they say he is believed to be an italian national of moroccan descent who lived in east london. the other two attackers were , all three were wearing fake suicide vests and were shot dead late saturday after ramming a van in

any impact it's going to come from it but as we were talking about and because you're sitting in toronto for us canada also has sanctions against russia but there are companies that continue to do business between the two nations what what information is out there on that. well looking at the sanctions that canada has a huge gives russia is pretty much the same thing that i just mentioned with the us against individuals against firms it doesn't mean that there is not business going on as usually as usual i should say so we're hearing of a company pratt and whitney it's a canadian company with a pratt and whitney canada and a russian company in the you should in the aerospace company that builds planes these two companies met in paris france during the paris air show and they signed a memorandum of understanding now i know a lot of you're shaking your heads a memorandum of understanding is just one of those agreements a lot of times that you could pretty much throw out the window but this again is it is important it's an important deal sometimes and we see two companies like this sitting

canadian companies are not falling for the anti russia hype artie's alcohol which has more for us from toronto alex let's start with the new sanctions implemented by the u.s. against russia what's the latest on that. we all know this happened on tuesday thirty eight individuals and firms sanctions popped up on them from the u.s. side these are all russian are obviously individuals and firms you know it's when you really look at it it's intended with the president petro poroshenko his visit to washington he's the ukrainian president these sanctions are supposedly aimed at the issue of the for enjoyment of russia. in firms. but more than anything else it's basically a cookie. but at the same time it's just an irritant it's obviously to the russians seem to put this into their popped up now that's really faced back up you are saying should that other stations from other interests against russia how to really play that big of a brawl in the russian economy any. doing poorly is due to the oil prices has nothing to do with sanctions i've lived in a country under sanctions for nearly five years the p

canadian prime minister justin trudeau greeted revelers as he marched in a pride parade in toronto. last year, trudeau made history when he became the first sitting prime minister to take part in a pride event. in new york-- the 47th annual pride march drew huge crowds to manhattan on sunday. thousands marched down fifth avenue and in the west village in honor of l-g-b-t pride month. but the event was not without a few hiccups. ten people were arrested at the pride march in new york. police say the protesters were sitting in the street, blocking the parade route. officers gave them several warnings before taking them into custody. it's unclear if the protesters belong to any group, but they appeared to be making a stt only on seven - a crowd of motorcyclyes and a-t-v's, flying down a d-c street. our cameras were rolling as the vehicles on a busy k street northwest a little before eight last night. d-c police say the group was first spotted at suitland parkway and southern avenue in southeast. no accidents or injuries were reported. a heart stopping scene at a six flags amuzement par

toward that is end, may i introduce to you of the trump's international hotel tower in toronto, in canada. i should tell you that it will soon not be called that anymore. the canadian press wire service reported of this trump property in toronto is about to sever itself relationship with donald trump, they're going to chizsel his name off the building. the project is a financial disaster from the start. they announced this was a joint project, the first major loan that was for the party was defaulted on. this project has not gotten easier since then. wall street journal reported that part of the reasons this place maybe standing and up and running is because of an infusion of cash that happened three years into that project. in 2010, after they already defaulted on their first major loan aseessociated with this property. the project got saved because trump's business partner got an unexpect unexpected gigantic influx of money. it operates as an arm of the russian government. all the people on the board for ve bank are current officials of the russian government. vladimir putin was the hea