Author: The Canadian Press

OTTAWA — Liberal leadership candidate Chrystia Freeland says Canada needs to release a $200 billion plan to retaliate against U.S. President Donald Trump’s threatened tariffs. Freeland says Ottawa must immediately publish a consultation on a detailed, dollar-for-dollar retaliation plan that includes Florida oranges, Wisconsin dairy and Michigan dishwashers on its list of targets. More to […]

OTTAWA — An inquiry into Canada Post kicked off hearings Monday, looking into a month-long strike that ended in government intervention and the viability of the postal service’s business model. Canada Post CEO Doug Ettinger emphasized to the Industrial Inquiry Commission the Crown corporation’s challenging financial reality and its urgent need for change if it […]

TORONTO — Stock markets in Canada and the U.S. were down in late-morning trading after the performance of Chinese artificial intelligence startup DeepSeek rattled technology stocks. The S&P/TSX composite index was down 229.55 points at 25,238.94. In New York, the Dow Jones industrial average was down 60.84 points at 44,363.41. The S&P 500 index was […]

After half a century in limbo, the federal government says it will scrap plans to build an airport on thousands of acres in Pickering, Ont., and instead look to transfer the land to Parks Canada. The government acquired the land northeast of Toronto for an airport in 1972 but put those plans on hold three […]

TORONTO — Stock markets in Canada and the U.S. fell in early trading as technology stocks tumbled after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top U.S. versions for a fraction of the cost. The S&P/TSX composite index was down 209.37 points at 25,259.12. In New York, the Dow […]

TORONTO — Premier Doug Ford’s decision to speed up the rollout of alcohol sales in corner stores – which first sparked early election speculation last spring – will cost the province more than $600 million, Ontario’s budget watchdog said Monday. That’s nearly three times the amount the Progressive Conservative government said it would cost to […]

TORONTO — Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million. The Porcupine Complex includes the Hoyle Pond and Pamour mine properties and the Dome mine property and milling facility in Timmins, Ont., as well as the Borden underground mining operation […]

TORONTO — Ontario’s budget watchdog estimates that the government’s decision to speed up the rollout of alcohol sales in corner stores will cost the province more than $600 million. That’s nearly three times the amount the Progressive Conservative government said it would cost to accelerate the timeline. The Financial Accountability Officer says in a report […]

TORONTO — Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, bringing it down to three per cent. The quarter-point cut would mark a slowdown from the central bank’s two previous supersized cuts. […]

TORONTO — Bob Bursach has worked with professional athletes over the course of his career as a personal trainer — but these days, he’s focused on helping seniors make exercise part of their lives. “The first thing that they notice is that (their) strength is coming back,” said Bursach, who is 82 and lives in […]