Author: The Canadian Press

TORONTO — Canada’s main stock index edged lower in late-morning trading after closing at a record high on Thursday, while U.S. stock markets were mixed.  The S&P/TSX composite index was down 1.12 points at 22,374.71. In New York, the Dow Jones industrial average was up 64.46 points at 39,452.22. The S&P 500 index was up […]

TORONTO (AP) — The WNBA is heading to Toronto, according to media reports. The Canadian Broadcasting Corporation reported that the women’s professional basketball league has awarded a franchise to the Kilmer Group. The reported deal would have Toronto’s WNBA team start playing in May 2026. The WNBA did not confirm the report. “We continue to […]

TORONTO — Several media reports say the WNBA is officially coming to Toronto. The CBC was the first to report that the women’s professional basketball league has awarded a franchise to the Kilmer Group. The reported deal would have Toronto’s WNBA team start playing in May 2026. Larry Tanenbaum is the chairman and CEO of […]

TORONTO — Police say an alleged trespasser at Drake’s Toronto home was sent to hospital with serious injuries after getting into an altercation with security guards. It’s the second reported trespasser at the superstar rapper’s Bridle Path mansion since one of his security guards was injured in a high-profile shooting outside the gates early Tuesday. […]

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. named Chris Huskilson as its chief executive as it reported a loss in its latest quarter. Huskilson has been interim CEO since August 2023. The power utility, which keeps its books in U.S. dollars, says its loss attributable to shareholders amounted to US$89.1 million or 13 cents […]

Toronto’s bid to decriminalize the possession of illegal drugs for personal use has been plunged into uncertainty in recent days, as drug policy experts suggest political debates over British Columbia’s backtracking on the issue have hurt the city’s application.  The prime minister and the federal minister for mental health and addictions have both separately said […]

LONDON, Ont. — Easton Cowan scored once and added four assists as the London Knights opened the Ontario Hockey League’s Championship Final on Thursday night with an 8-1 win over the visiting Oshawa Generals. Oliver Bonk and Rusian Gazizov scored twice for the Knights, who lost last year’s OHL Championship Final in six games to […]

TORONTO — Sun Life Financial Inc. says it had a net income of $875 million in its first quarter, a two per cent decline from last year. The insurer says profits were affected by its U.S. health division, including from reassessments following the lifting of the Public Health Emergency and higher morbidity claims. The U.S. […]

TORONTO — Canada’s main stock index rose to a new record high, led by strength in energy, telecom and base metals, while U.S. markets also moved higher.  The S&P/TSX composite index closed up 116.67 points at 22,375.83. In New York, the Dow Jones industrial average was up 331.37 points at 39,387.76. The S&P 500 index […]

Police have made an additional arrest in a heist of nearly $24 million in gold and cash from Toronto’s Pearson airport a year ago. Peel regional police say a 36-year-old man from Brampton, Ont., was arrested at the airport Monday as he flew in from India and was charged with theft over $5,000 and conspiracy […]