Author: The Canadian Press

OTTAWA — Toronto MP Marco Mendicino, a former high-ranking cabinet minister in Prime Minister Justin Trudeau’s government, says he will not run in the next federal election. Mendicino says in a statement posted on social media that he has disagreed with the direction of the federal government, particularly when it comes to Canada’s foreign policy […]

TORONTO — Energy and base metals stocks led Canada’s main stock index higher on the first trading day of 2025, while U.S. stock markets started the year in the red. The S&P/TSX composite index was up 170.09 points at 24,898.03. In New York, the Dow Jones industrial average was down 151.95 points at 42,392.27. The […]

Toys “R” Us Canada says it is closing five Ontario stores and revamping several others as it works to “optimize” its business. The toy retailer says the closing locations include a store in Argyle Mall in London along with its shops on Steeles Avenue West in Thornhill, Hurontario Street in Mississauga, Marcus Drive in Sudbury […]

TORONTO — Toronto police say they have arrested two more suspects in a 2023 shooting that killed a 21-year-old man in the city’s east end. Police say Joshua Bernard-Reis died in hospital weeks after he was shot in September 2023. A 19-year-old man was arrested in November of that year and charged with first-degree murder. […]

OTTAWA — Prime Minister Justin Trudeau is said to be reflecting on his future over the holidays after the resignation of his top cabinet minister, Chrystia Freeland, in mid-December. The bombshell move prompted a fresh wave of calls for Trudeau to step down as Liberal leader from inside and outside the caucus. With MPs set […]

TORONTO — Broad-based gains led Canada’s main stock index higher in late-morning trading on Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index was up 206.46 points at 24,934.40. In New York, the Dow Jones industrial average was down 10.25 points at 42,533.97. The S&P 500 index was up 8.17 points at 5,889.80, […]

TEMISKAMING SHORES, Ont. — Police say one person has been found dead and another is still missing after they were seen going through the ice in the northern Ontario community of Temiskaming Shores over the weekend. Ontario Provincial Police say someone reported seeing two people go through the ice at Pete’s Dam Park on Sunday […]

TORONTO — Rookie forward Jonathan Mogbo has been assigned to the G-League affiliate of the Toronto Raptors. Raptors 905 will host the Austin Spurs on Friday at the Paramount Fine Foods Centre in Mississauga, Ont. Mogbo has averaged 5.1 points, 4.3 rebounds and 1.6 assists and 16.6 minutes over 34 NBA games, including six starts. […]

TORONTO — Thomson Reuters Corp. says it has acquired a U.S. tax and accounting software business for $600 million. The Michigan-based company is called cPaperless LLC but operates under the SafeSend name. It has 235 employees. Once the acquisition is complete, Thomson says it intends to keep offering SafeSend products. Its acquisition of SafeSend is […]

TORONTO — Altus Group Ltd. says it has closed a deal with tax services and software company Ryan LLC to sell its global property tax business for $700 million. Altus Group chief executive Jim Hannon says the transaction, originally announced last July, accelerates the company’s “transformation into a pure-play software, data and analytics platform.” He […]