Author: The Canadian Press

TORONTO — The federal budget tabled on Tuesday introduced $53 billion in new spending, but not everyone got what they were looking for. Here’s a look at some of the measures not included in the Liberals government’s fiscal plans. No tax credit for drillers: The industry association that represents oil and gas well drillers said […]

TORONTO — Canada’s main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower. The S&P/TSX composite index was up 13.18 points at 21,656.05. In New York, the Dow Jones industrial average was down 45.66 points at 37,753.31. The S&P 500 index was down […]

TORONTO — Prosecutors say a man accused of fatally running over a Toronto police officer made deliberate choices to drive dangerously knowing there were people nearby and struck the officer as he was standing in front of the car. Crown attorney Karen Simone is making her final submissions to the jury in the trial of […]

TORONTO — A year ago, Masai Ujiri declared that the Toronto Raptors had to change their culture. But after a challenging and disappointing 2023-24 season, the team’s president said that their culture is just fine. Ujiri walked back his year-old remarks at his season-ending news conference on Wednesday and said that he was probably too […]

TORONTO — The federal budget pushed forward several banking sector initiatives, including open banking and lower fees, but had little detail on when changes would actually take effect. Open banking was one of the more closely watched areas by the financial industry. Also called consumer-driven finance, it would allow consumers to securely share their financial […]

A woman who pressured her boyfriend into killing his teenage ex more than a decade ago will be allowed to leave prison for weeks at a time. In a hearing Wednesday morning, a Parole Board of Canada panel granted Melissa Todorovic, now in her early 30s, four 15-day unescorted absences to a halfway house. During […]

TORONTO — Public Health Ontario workers say the potential closure of six laboratories across the province would be dangerous and increase inequity in northern Ontario. The workers are also worried about the proposal to get rid of the free water testing program for private wells across Ontario. Last fall, the auditor general once again recommended […]

TORONTO — The NBA has banned Jontay Porter for life games after completing an investigation into gambling allegations against the former Toronto Raptors’ two-way player. A league investigation found that Porter violated league rules by disclosing confidential information to sports bettors, limiting his own participation in one or more games for betting purposes, and betting […]

TORONTO — The federal budget is being met with distain from Canada’s innovation industry, including tech darling Shopify, which both positioned capital gains measures embedded in the fiscal plan as a potential cause of “irreparable harm.” The sector is disappointed thatthe Liberals’ budget tabled Tuesday includes a proposed increase to the proportion of capital gain […]

TORONTO — Lawyers for a man accused of fatally running over a Toronto police officer are telling jurors the officer’s death was a tragic accident but not a crime. In his final pitch to jurors today, defence lawyer Nader Hasan urged them not to “compound tragedy with an injustice.” He argued the account given by […]