Author: The Canadian Press

TORONTO — Scotiabank says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion. It says it closed the second part of the deal, buying a 10 per cent share, following approval from the board of governors of the U.S. Federal Reserve System. Scotiabank […]

TORONTO — Losses in the tech sector led Canada’s main stock index lower in late-morning trading on Friday, while U.S. stock markets also fell. The S&P/TSX composite index was down 93.03 points at 24,753.79. In New York, the Dow Jones industrial average was down 437.35 points at 42,888.45. The S&P 500 index was down 86.37 […]

OTTAWA — Conservative MP Jonathan Williamson says he’ll get the ball rolling early in the New Year on no-confidence vote that could bring down Prime Minister Justin Trudeau’s government in a little more than a month. Williamson says in a social media post he will put forward his non-confidence motion at a public accounts committee […]

BRAMPTON, Ont. — Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have both entered into automatic share purchase plans with brokers. The automatic buybacks will form part of the companies’ existing repurchase programs to buy back up to five per cent of their issued and outstanding shares. Loblaw’s program, which runs […]

Five-year-old Beau starts each day being carried by one of his parents to the family’s living room, where his wheelchair awaits in their Beamsville, Ont., home. Diagnosed with spinal muscular atrophy at 17 months old, Beau is unable to walk independently due to the disease, which damages nerves and leads to severe muscle weakness. Beau’s […]

Ontario’s Special Investigations Unit is probing a shooting near Thunder Bay in which a man was shot and wounded by a police officer on Boxing Day. Investigators say at around 2 p.m., Thunder Bay police responded to reports of a man walking with a shotgun on Highway 11/17 and Pebblestone Road, about 30 kilometres west […]

OTTAWA, Ontario (AP) — Boston University defenseman Cole Hutson had five assists to help the United States open its world junior hockey title defense with a 10-4 victory over Germany on Thursday at Canadian Tire Centre. Boston College’s James Hagens had two goals and two assists, and fellow BC forward Gabe Perreault and Minnesota’s Brodie […]

OTTAWA — Defenceman Axel Sandin Pellikka scored a natural hat trick as Sweden kicked off the 2025 world junior hockey championship with a 5-2 rout of Slovakia on Thursday. Sandin Pellikka, a Detroit Red Wings prospect playing in hist third world juniors, added an assist for Sweden, which is looking for its first title since […]

The Green Bay Packers emphatically punched their NFL playoff ticket Monday night, much to the delight of many Proline bettors. Green Bay (11-4) clinched a post-season berth with a 34-0 win over the New Orleans Saints (5-10). It marked the first shutout of the NFL campaign. According to the Ontario Lottery and Gaming Corp., a […]

TORONTO — As we enter 2025, Dr. Theresa Tam has her eye on H5N1 bird flu, an emerging virus that had its first human case in Canada this year. At the same time, Canada’s chief public health officer is closely monitoring measles — a virus that was eliminated in this country more than two decades […]