105.9 The Region

OTTAWA — Prime Minister Justin Trudeau says Conservative Leader Pierre Poilievre has refused to get the security clearance necessary to be briefed on a list of people in his party who are vulnerable to foreign interference. Trudeau told a public inquiry today he has directed Canada’s spy service to inform Poilievre of the information so […]

TORONTO — Scotiabank says Cedar Leaf Capital is set to become Canada’s first majority Indigenous-owned investment dealer after getting the green light from regulators. As an investment dealer, Cedar Leaf intends to help business and government clients raise money through debt issuance, while it will also potentially expand into advisory services and equity capital markets. […]

TORONTO — Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was up 103.40 points at 24,542.48. In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The […]

OTTAWA — Prime Minister Justin Trudeau says the world is more uncertain and less safe than ever due to the rise of authoritarian powers determined to sow chaos in democracies like Canada. Trudeau told a federal inquiry into foreign interference today the answer to the aggression of countries like China and Russia is to reinforce […]

OTTAWA — Statistics Canada says the level of food insecurity increased in 2022 as inflation hit peak levels. In a report using data from the Canadian community health survey, the agency says 15.6 per cent of households experienced some level of food insecurity in 2022 after being relatively stable from 2017 to 2021. The reading […]

TORONTO — Ontario’s electricity system operator is expecting demand to soar 75 per cent higher by 2050, in part due to electric-vehicle manufacturing and new data centres supporting artificial intelligence. That is far higher than the 60 per cent increase projected just last year. The Independent Electricity System Operator says industrial demand alone will increase […]

OTTAWA — Statistics Canada says manufacturing sales in August fell to their lowest level since January 2022 as sales in the primary metal and petroleum and coal product subsectors fell. The agency says manufacturing sales fell 1.3 per cent to $69.4 billion in August, after rising 1.1 per cent in July. The drop came as […]

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in September was up five per cent compared with August. The national housing agency says the seasonally adjusted annual rate of housing starts was 223,808 units in September, up from 213,012 in August. The increase came as the pace of starts […]

TORONTO — TD Bank Group says The Charles Schwab Corp.’s third-quarter results are expected to translate into about $178 million of reported equity in net income for the Canadian bank’s fourth quarter. TD says that excluding about $2 million after-tax in acquisition-related charges and $27 million after-tax in amortization of acquired intangibles, its adjusted equity […]

TORONTO — Ochai Agbaji’s relatively small stature won’t stop him from defending some of the biggest and best forwards in the NBA. All-star forwards Jayson Tatum and Jaylen Brown were Agbaji’s main defensive assignments in the Toronto Raptors’ 119-118 pre-season victory over the Boston Celtics on Tuesday. Those are tough marks for the six-foot-five Agbaji, […]