News

TORONTO — RBC says it has laid off some employees as part of its “growth strategy.” Canada’s largest bank says the cuts come amid changes meant to “better position RBC to take advantage of our global scale, simplify how we work and elevate the leaders and talent who will shape our client-focused growth opportunities.” It […]

TORONTO — Retail and insolvency experts expect Hudson’s Bay will close some of its stores as it restructures through creditor protection. While the department store chain dating back to 1670 hasn’t announced plans to shutter locations, Insolvency Insider newsletter editor Dina Kovacevic says it’s not unusual for retailers under creditor protection to take such a […]

TORONTO — Ontario’s surcharge of 25 per cent on electricity exported to the United States goes into effect today, and the government says it could raise that amount even higher in response to further American escalation. Premier Doug Ford has announced the price increase on the electricity the province sends to 1.5 million homes in […]

TORONTO — Canada’s main stock index opened the week down more than 250 points as trade fears continue to linger amid U.S. President Donald Trump’s tariff threats, while U.S. stock markets were also lower. The S&P/TSX composite index was down 274.85 points at 24,483.91 in morning trading on Monday. In New York, the Dow Jones […]

TORONTO — There had been warning signs for months. There were the reports of dangerous flu-like symptoms in Asia. News of the lockdown that kept tens of millions of people inside their homes in China. Here at home, the growing ubiquity of blue surgical masks. The advice to sing “Happy Birthday” while washing your hands. […]

OTTAWA — Prime Minister Justin Trudeau said that freedom, democracy and Canada “are not a given” in his farewell speech to Liberals just before former Bank of Canada governor Mark Carney was announced as the new Liberal leader. This comes as U.S. President Donald Trump threatens Canada with economic annexation and places tariffs on Canadian […]

OTTAWA — Moments before the new Liberal leader was announced on Sunday, former prime minister Jean Chrétien took to the stage to reprimand U.S. President Donald Trump over tariffs and threats to Canada’s sovereignty. Chrétien warned a crowd of Liberals gathered in Ottawa that Canada’s “long and fruitful” relationship with Americans was falling apart with […]

OTTAWA — Prime Minister Justin Trudeau says that freedom, democracy and Canada “are not a given” in his farewell speech to Liberals as they prepare to select a new leader. This comes as U.S. President Donald Trump threatens Canada with economic annexation as he places tariffs on Canadian imports coming into the States. This report […]

SARNIA, Ont. — Rene Van Bommel and Sam O’Reilly both scored hat tricks as the London Knights routed the Sarnia Sting 9-0 on Sunday in the Ontario Hockey League. Van Bommel added an assist and Toronto Maple Leafs prospect Easton Cowan provided four helpers for London. Kasper Halttunen had a goal and three assists while […]

TORONTO — The Toronto Sceptres found a way to dampen their mood going into a 10-day break. Three days after a morale-boosting win at home against the Professional Women’s Hockey League-leading Montreal Victoire, the Sceptres suffered a 2-1 overtime loss to the defending champion Minnesota Frost on Sunday. Before Toronto goalie Kristen Campbell could cover […]