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TORONTO — Ontario's insurance regulator says it has taken enforcement action after finding widespread deficiencies related to the sale of life insurance products.

TORONTO — Brookfield Asset Management Ltd. says it has raised US$12 billion for its latest global private equity fund. The company says Brookfield Capital Partners VI is the largest private equity fund it has raised.

TORONTO — John Herdman added to his staff at Toronto FC on Tuesday, bringing César Meylan on board as the MLS club's director of performance.

TORONTO — Nick Suzuki knows exactly what his team will face in the Atlantic Division. The Montreal Canadiens captain is also confident the group is up for the challenge.

TORONTO — EQB Inc. has signed a deal to acquire a 75 per cent stake in independent alternative asset manager ACM Advisors Ltd. Financial terms of the cash-and-share agreement were not immediately available.

TORONTO — Neighbourly Pharmacy Inc. has signed an agreement to be taken private by its largest shareholder in a deal that values the company at about $916 million. Under the letter of intent, Persistence Capital Partners (PCP) has offered to pay $20.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,177.18, down 364.09 points): Toronto-Dominion Bank (The). (TSX:TD). Finance. Down $1.42, or 1.7 per cent, to $80.41 on 16.

TORONTO — Canada's main stock index closed down more than 300 points Monday as utility and energy stocks led widespread losses, while U.S. markets were mixed. The S&P/TSX composite index ended down 364.09 points, or 1.86 per cent, at 19,177.

TORONTO — Team president Masai Ujiri called for sweeping changes to the Toronto Raptors' culture after last season came to a disappointing end. The foundations of those philosophical renovations will be laid this week at training camp in Vancouver.

Toronto police say one of their officers has been arrested and charged with assault. Police say the officer was charged after a dispute between a man and a woman. They allege the woman was assaulted during the dispute.