News

TORONTO — The Bank of Nova Scotia saw third-quarter profits fall compared with a year ago as it boosted its provisions for bad loans, even as the bank says it’s seeing some levelling out of the financial stress on Canadian consumers. The bank reported Tuesday it had $1.05 billion set aside for bad loans in […]

Police in York Region say violent crimes involving guns – including homicides, shootings and carjackings – have surged in the area north of Toronto since January. York Regional Police Chief Jim MacSween says the increase is concerning for the community, despite the region remaining one of the safest in the country. He says York Region […]

OTTAWA — Canada’s consul-general in New York has been given a new opportunity to testify before a House committee about his official residence, which the government recently purchased for $9 million. Tom Clark has been called to appear at the government operations committee either on Sept. 12 or a later date that month. Conservative MP […]

TORONTO — Trouble in BMO Financial Group’s loan book has once again weighed on its quarterly results, prompting analyst worries about the bank becoming an outlier in this credit cycle. The bank on Tuesday reported provision for credit losses amounted to $906 million for its third quarter, up from $492 million a year earlier, as […]

TORONTO — Angelina Jolie is set to receive a special honour for her humanitarian work at the Toronto International Film Festival. The Oscar-winning actress will be presented with the TIFF Tribute Award in Impact Media at the festival’s fundraising gala on Sept. 8. The award celebrates individuals who merge social impact with cinema and was […]

TORONTO — A man wanted for first-degree murder in the death of a 30-year-old man in Toronto has been found and arrested in the United Kingdom. Toronto police say officers were called to the area of Isabella and Jarvis streets in the early morning hours of May 22 for unknown trouble. They say officers found […]

TORONTO — Toronto Public Health says the number of whooping cough cases are more than double the pre-pandemic average. The public health agency is reporting 99 cases in Toronto so far this year compared to the pre-pandemic five-year average of 38. Whooping cough, also known as pertussis, is a cyclical disease that occasionally increases every […]

TORONTO — Former “Jeopardy” champion Mattea Roach will helm CBC’s new literary radio show. Roach has been tapped to host “Bookends,” which will replace “Writers & Company” on Sundays at 3 p.m. Eleanor Wachtel, who had hosted the program since its inception in 1990, announced her retirement last year. Wachtel will host a final episode […]

EAST GARAFRAXA, Ontario (AP) — Julie Thurgood-Burnett had no idea that her COVID-19 lockdown whim of starting a lavender patch on her husband’s family farm outside Toronto would turn into a small business. She had never been a farmer, but before long she had a bright purple field and a new hobby of creating lavender […]

TORONTO — The Bank of Nova Scotia reported its third-quarter profit fell compared with a year ago as the amount it set aside to cover bad loans climbed higher. The bank says its net income amounted to $1.91 billion or $1.41 per diluted share for the quarter ended July 31 compared with a profit of […]