News

TORONTO — Canada’s main stock index moved higher shortly after the open, while U.S. markets were mixed after U.S. Commerce Secretary Howard Lutnick suggested that some categories of goods including the auto sector might be exempted from the crippling U.S. tariffs on imports from Canada and Mexico imposed on Tuesday. Strength in base metal stocks […]

OTTAWA — Canada’s industry minister is looking to block “predatory investment behaviour” amid a trade war with the United States. François-Philippe Champagne says Canadian businesses could be at risk if foreign investors swoop in to take advantage at a time when business valuations could struggle thanks to sweeping tariffs from the U.S. He says if […]

MISSISSAUGA, Ont. — KP Tissue Inc. reported a loss in its latest quarter compared with a profit a year ago. The company, which holds a 12.5 per cent interest in Kruger Products Inc., reported a loss of $2 million or 15 cents per share for the quarter ended Dec. 31 compared with a profit of […]

TORONTO — Home sales in the Greater Toronto Area fell by more than one-quarter in February compared with a year ago despite buyers maintaining “substantial” negotiating power. The Toronto Regional Real Estate Board says 4,037 homes were sold last month, down 27.4 per cent compared with 5,562 in February 2024. Sales were down 28.5 per […]

OTTAWA — Canada’s spy agency warns that colliding global developments make the Arctic an “attractive, strategic and vulnerable destination” for foreign adversaries seeking to establish a presence in Canada. A newly released Canadian Security Intelligence Service assessment flags the environment, critical infrastructure, economic activity and geopolitics as converging factors making the region susceptible to threats […]

TORONTO — Ontario Premier Doug Ford says Canadians should give Wayne Gretzky a break. The hockey legend has come under fire for supporting U.S. President Donald Trump by attending his inauguration in January and visiting him several times in recent months at Mar-a-Lago in Florida. Gretzky also attended an election victory party for Trump last […]

TORONTO — The Canadian Live Music Association says it’s responding to the U.S. tariffs with a new campaign to promote homegrown musicians and venues. The music advocacy group says it will launch “Canada is Live Music” in the coming weeks and draw attention to concerts as “a tangible lever that inspires solidarity and national pride.” […]

TORONTO — The recent termination of Buffy Sainte-Marie’s Order of Canada came with the cancellation of two additional Canadian honours. A representative for Rideau Hall says jubilee medals awarded to the singer-songwriter in 2002 and 2012 were also stripped from her since both were based on her membership to the Order of Canada. Sainte-Marie’s appointment […]

Ontario has issued a provincial flood watch as heavy rain is set to sweep across parts of the province and combine with melting snow. The provincial flood watch across central and southern Ontario says enhanced runoff, elevated water levels and low-lying floods are possible. The snowpack is at a depth of up to 100 centimetres […]

OTTAWA — The United States imposed sweeping tariffs Tuesday on Canadian products, claiming Canada has failed to adequately address the southbound flow of contraband drugs like fentanyl. Prime Minister Justin Trudeau dismissed the U.S. rationale as “completely bogus, completely unjustified, completely false.” “Our border is already safe and secure,” Trudeau told a news conference Tuesday. […]