Author: The Canadian Press

MISSISSAUGA, Ont. — Bank of Canada governor Tiff Macklem says the central bank doesn’t have a lot of tools in its toolbox to mitigate the devastating effects tariffs would have on the economy. In prepared remarks for a speech Friday, Macklem said if the U.S. imposes its threatened tariffs and Canada retaliates, Canadian economic growth […]

Ontario Provincial Police say they’re investigating a head-on collision in New Tecumseth that left three people dead last week. Police say officers and first responders rushed to the scene of the crash involving a car and a pickup truck on Tottenham Road between 12th Line and 11th Line, southwest of Barrie, around 6 a.m. on […]

TORONTO — Canada’s main stock index was down more than 150 points in late-morning trading as the energy, base metal and technology sectors all came under pressure while U.S. stock markets also pulled back. The S&P/TSX composite index was down 156.57 points at 25,357.51. In New York, the Dow Jones industrial average was down 378.24 […]

TORONTO — Ontario’s NDP is promising $70 billion in new spending over three years along with $37 billion in new revenue and savings, including increasing capital gains taxes, creating new tax brackets for ultra-high earners and imposing a luxury residence tax. The NDP released its full platform and costing today, with less than a week […]

TORONTO — A collection of Beatlemania photographs shot by Paul McCartney himself is headed to the Art Gallery of Ontario. The Toronto gallery says “Paul McCartney Photographs 1963-64: Eyes of the Storm” will make its Canadian debut in 2026. The exhibit includes video clips, archival materials and more than 250 photographs offering a behind-the-scenes look […]

TORONTO — Leah Pais is stoked about kicking off her Northern Super League career with AFC Toronto at BMO Field. “I have only ever watched teams play there. I’ve never had the privilege of playing there,” said the 23-year-old midfielder/forward from nearby Mississauga. “And to be able to step on the field for the first […]

TORONTO — Statistics Canada says retail sales rose 2.5 per cent to $69.6 billion in December, boosted by gains at food and beverage retailers and motor vehicle and parts dealers. However, it says its advance estimate for January suggests retail sales fell 0.4 per cent in the first month of 2025. The agency says December […]

TORONTO — Dye & Durham Ltd. has named Sid Singh as interim chief executive officer, effective immediately. The software company has been looking for a new chief executive since last year when then-chief executive Matthew Proud announced plans to step down. Singh, who was already a member of the company’s board, will remain a director […]

TORONTO — Onex Corp. reported a loss in its fourth quarter compared with a profit a year earlier. The private equity firm, which keeps its books in U.S. dollars, says its net loss amounted to US$2 million or two cents US per diluted share for the quarter ended Dec. 31. The result compared with a […]

Here’s where the leaders of Ontario’s main political parties are on Friday, Feb. 21: Progressive Conservative Leader Doug Ford Washington, D.C.: Ford will be in the U.S. capital for another round of meetings, after travelling there with other premiers about a week ago to push back against U.S. tariff threats. — NDP Leader Marit Stiles […]