Author: The Canadian Press

TORONTO — Ontario Liberal Leader Bonnie Crombie said Wednesday she intends to try again to win a seat in the legislature, but will be leading the party from outside the chamber for the foreseeable future. Crombie is trying to brand the third-place party as “the people’s opposition,” as it won a much higher percentage of […]

TORONTO — Strength in the base metal sector helped lift Canada’s main stock index higher in late-morning trading, while U.S. stock markets moved lower after U.S. Commerce Secretary Howard said he expects President Donald Trump will make an announcement on his tariffs on Canada and Mexico this afternoon. Stock markets fell Tuesday after the U.S. […]

TORONTO — Home sales in the Greater Toronto Area fell by more than one-quarter in February compared with a year ago despite buyers maintaining “substantial” negotiating power. The Toronto Regional Real Estate Board said Wednesday that 4,037 homes were sold last month, down 27.4 per cent compared with 5,562 in February 2024. Sales were down […]

OTTAWA — Canada’s industry minister is looking to block what he calls “predatory investment behaviour” as a trade war with the United States continues. François-Philippe Champagne warned Wednesday that Canadian businesses could be at risk due to the sweeping tariffs imposed by U.S. President Donald Trump. “As a result of the rapidly shifting trade environment, […]

The union representing roughly 27,000 city workers in Toronto says it has set a strike deadline for Monday. CUPE Local 79 President Nas Yadollahi says the union received what the city called its “final offer” yesterday, but it still falls short of its members’ needs. Yadollahi says the union will be countering with its own […]

TORONTO — Canada’s main stock index moved higher shortly after the open, while U.S. markets were mixed after U.S. Commerce Secretary Howard Lutnick suggested that some categories of goods including the auto sector might be exempted from the crippling U.S. tariffs on imports from Canada and Mexico imposed on Tuesday. Strength in base metal stocks […]

OTTAWA — Canada’s industry minister is looking to block “predatory investment behaviour” amid a trade war with the United States. François-Philippe Champagne says Canadian businesses could be at risk if foreign investors swoop in to take advantage at a time when business valuations could struggle thanks to sweeping tariffs from the U.S. He says if […]

MISSISSAUGA, Ont. — KP Tissue Inc. reported a loss in its latest quarter compared with a profit a year ago. The company, which holds a 12.5 per cent interest in Kruger Products Inc., reported a loss of $2 million or 15 cents per share for the quarter ended Dec. 31 compared with a profit of […]

TORONTO — Home sales in the Greater Toronto Area fell by more than one-quarter in February compared with a year ago despite buyers maintaining “substantial” negotiating power. The Toronto Regional Real Estate Board says 4,037 homes were sold last month, down 27.4 per cent compared with 5,562 in February 2024. Sales were down 28.5 per […]

OTTAWA — Canada’s spy agency warns that colliding global developments make the Arctic an “attractive, strategic and vulnerable destination” for foreign adversaries seeking to establish a presence in Canada. A newly released Canadian Security Intelligence Service assessment flags the environment, critical infrastructure, economic activity and geopolitics as converging factors making the region susceptible to threats […]