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105.9 The Region

Page: 436

TORONTO — Financial regulators say they’re looking into allegations of high-pressure sales practices in Canadian bank branches. The Ontario Securities Commission and the Canadian Investment Regulation Organization say the co-ordinated review will first focus on information gathering over the coming months into early 2025. The regulators say they aim to better understand the sales culture […]

OTTAWA — The federal government is barring a company previously co-owned by a Liberal MP and former minister from bidding on contracts with the federal government. Global Health Imports, which was co-owned by former employment minister Randy Boissonnault, is suspended for at least 90 days as the government makes a decision about their status under […]

OTTAWA — Canada’s financial intelligence agency says it is modernizing with the aim of providing valuable information to police and security officials in real time — or as close to that goal as it can get. In its newly released annual report, the Financial Transactions and Reports Analysis Centre of Canada says it is working […]

TORONTO — The Ontario government is proposing to push through a bill that would close 10 supervised consumption sites without holding any public hearings. The legislation seeks to prohibit and close any drug consumption sites that are within 200 metres of a school or daycare, and effectively prohibit any new sites from opening. In their […]

TORONTO — The prime minister must take a threat from U.S. president-elect Donald Trump on tariffs seriously, Ontario Premier Doug Ford said on Tuesday, promising the province will also take steps of its own. Trump is threatening to impose a 25 per cent import tariff on goods coming from Canada and Mexico right after he […]

OTTAWA — The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January. The threat of tariffs added a further drag on the loonie, which has been moving lower against the U.S. dollar since […]

Police in Hamilton, Ont., say two dozen people have been arrested and 172 charges have been laid in an investigation into a street gang allegedly responsible for violent crime across the province. They say the investigation, dubbed Project Churchill, began in 2019 when police noted a “significant rise” in violent crime in downtown Hamilton linked […]

TORONTO — Ontario’s labour minister says the province is planning to introduce a job-protected leave of 16 weeks for people who adopt children or have kids through surrogacy. David Piccini says the new leave, which would align with upcoming federal changes to create Employment Insurance benefits for adoption, will be part of new labour legislation. […]

TORONTO — Canada’s main stock index fell in late-morning trading, weighed down by losses in the base metal and energy stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was down 54.30 points at 25,356.05. In New York, the Dow Jones industrial average was down 180.56 points at 44,556.01. The S&P 500 index […]

TORONTO — Ontario Premier Doug Ford is calling on the prime minister to take a threat from U.S. president-elect Donald Trump on tariffs seriously, but he says he is also planning action of his own. Trump is threatening to impose a 25 per cent import tariff on goods coming from Canada and Mexico right after […]