Author: The Canadian Press

TORONTO — Binance Holdings Ltd. is appealing a $6-million fine imposed on the company by Fintrac, the federal anti-money laundering agency. In its appeal to the Federal Court, the cryptocurrency exchange company says it does not direct its services at those in Canada and any involvement in the Canadian market is incidental to its global […]

OTTAWA — Public Safety Minister Dominic LeBlanc says Canada has listed Iran’s Islamic Revolutionary Guard Corps as a terrorist entity, following months of mounting political pressure to do so. Members of Parliament voted unanimously in May to list the IRGC, a branch of Iran’s Armed Forces, as a terrorist entity. The Liberals have said in […]

OTTAWA — The Bank of Canada’s governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank’s summary of deliberations reveals. The summary details the discussions between governor Tiff Macklem and his deputies in the lead-up to the June 5 rate announcement at which the central […]

TORONTO — Lawyers for the University of Toronto are telling an Ontario court that protesters took control of its property when they set up a pro-Palestinian encampment last month and are preventing others from using it. Monique Jilesen has begun laying out the university’s arguments in seeking an injunction to clear the encampment in the […]

TORONTO — After just missing out on a medal at the Tokyo Games, Caeli McKay will look to stand on the Olympic podium for the first time when she leads a young Canadian diving team this summer in Paris. The 24-year-old from Calgary was among five athletes named to the team Wednesday by Diving Canada […]

TORONTO — Canada’s main stock index was down in late-morning trading as shares in the industrial and telecom sectors fell as part of a broad-based decline on the Toronto stock market. The S&P/TSX composite index was down 60.60 points at 21,550.70. U.S. markets are closed today in observance of the Juneteenth holiday. The Canadian dollar […]

TORONTO — The wife of a gunman in a fatal Toronto shooting says he believed the two victims were behind an alleged mortgage investment scheme that defrauded their family. In a statement released by her lawyers, Alisa Pogorelovsky says her husband Alan Kats – who also died in the shooting –”could not handle losing our […]

TORONTO — Canadian consumers are increasingly expecting more when it comes to the quality of 5G performance and are placing blame on providers when an internet connection is spotty, a researcher says. Jasmeet Sethi, head of Ericsson Research’s ConsumerLab, says a “satisfaction gap” is emerging where Canadian consumers are 10 per cent less happy with […]

OTTAWA — Health Minister Mark Holland says he hopes to launch a national pharmacare program by April 1, 2025. A pharmacare bill drafted by the Liberals and the NDP has made its way through the House of Commons, but still needs to be studied by the Senate. The idea is to make birth control and […]

VAUGHAN, Ont. — Police say a six-year-old boy has died after being hit by a school bus in Vaughan, Ont. York Regional Police say they responded to the community of Kleinburg just before 8 a.m. Wednesday for reports of a child being struck by a school bus. They say the six-year-old boy suffered fatal injuries […]