Author: The Canadian Press

OTTAWA — Prime Minister Justin Trudeau announced Monday that he plans to step down as Liberal leader and prime minister once the party has chosen his replacement. He’s asked the Liberal party president to immediately begin the process of selecting a new leader and he has prorogued Parliament until March 24. Here’s Trudeau’s full statement, […]

TORONTO — Canada’s main stock index was up slightly in late-morning trading, largely unaffected after Prime Minister Justin Trudeau officially announced he plans to step aside, while U.S. stock markets also rose. The S&P/TSX composite index was up 57.75 points at 25,131.29. In New York, the Dow Jones industrial average was up 310.19 points at […]

TORONTO — Scotiabank says it has signed a deal to sell its banking operations in Colombia, Costa Rica and Panama to Davivienda in exchange for a 20 per cent stake in the Colombian financial institution. The Canadian bank says the deal supports its operational efficiency efforts in its non-core markets. It says the transaction also […]

TORONTO — Barrick Gold Corp. says if its inability to ship gold from its Loulo-Gounkoto mine in Mali is not resolved within the coming week it will have to temporarily suspend operations at the mine. The company is embroiled in a dispute with the government in Mali which is trying to pressure companies in its […]

OTTAWA — The United States is golden again. Teddy Stiga scored at 8:04 of overtime as the Americans battled back from a 3-1 deficit late in the second period to defeat Finland 4-3 and win the country’s second straight world junior hockey championship Sunday. Cole Hutson, with a goal and an assist, James Hagens and […]

OTTAWA, Ontario (AP) — Teddy Stiga scored on a breakaway at 8:04 of 3-on-3 overtime to give the United States a 4-3 victory over Finland on Sunday night in the world junior hockey championship game. The Boston College forward beat goalie Petteri Rimpinen through the leg pads to end it. The Americans avenged a 4-3 […]

OTTAWA — The Globe and Mail is reporting that Prime Minister Justin Trudeau is expected to announce he is stepping down as Liberal party leader as early as Monday. Trudeau has faced mounting calls for his resignation from MPs in his caucus as public opinion polls have continued to put the governing Liberals trailing far […]

TORONTO (AP) — Morgan Rielly scored 2:25 into overtime and the Toronto Maple Leafs extended their winning streak to four games with a 3-2 victory over the Philadelphia Flyers on Sunday night. Rielly converted a feed from Auston Matthews for his fifth goal of the season and first in two months. Matthew Knies and Oliver […]

TORONTO — Morgan Rielly’s overtime goal gave the Toronto Maple Leafs a 3-2 win over the Philadelphia Flyers in a tight and physical NHL contest Sunday. An onrushing Rielly knocked home an Auston Matthews feed to decide the game at 2:25 of overtime with his fifth of the season. The defenceman’s last goal came two […]

OTTAWA — Czechia will head home from the nation’s capital with some new hardware. Eduard Sale scored in the 14th round of the shootout to lead his country past Sweden 3-2 and claim bronze at the world junior hockey championship Sunday. The Czech captain beat goaltender Marcus Gidlof on his fifth attempt — and 28th […]