News

MISSISSAUGA, Ont. — Alternative lender Goeasy Ltd. says it has named former Scotiabank executive Dan Rees as CEO. Rees comes on board as the lender aims to grow its loan portfolio from $4.6 billion at the end of 2024 to between $7 billion and $8 billion by the end of 2027. Goeasy has already increased […]

TORONTO — Premier Doug Ford says he has a stronger mandate after last week’s election despite winning fewer seats than in 2022. Ford’s Progressive Conservatives took 80 seats in the election, down from 83 three years ago. Ford says the fact his share of the vote has increased in three straight elections is proof of […]

TORONTO — Tennis legend Serena Williams is joining the Toronto Tempo’s ownership group, the WNBA expansion team announced Monday. Williams said in a release that women’s sports are an “incredible investment opportunity” and she is looking forward to being part of the WNBA’s first Canadian team. Her investment in the ownership team, led by Kilmer […]

OTTAWA — Next-generation 911 service — which would allow Canadians to send texts or video to summon help — won’t be implemented for another two years. The CRTC had set Tuesday as the deadline for transitioning to next-generation 911. But the telecom regulator now says it has moved that deadline to March 2027. It says […]

OTTAWA — Former Prince Edward Island premier Dennis King has been appointed Canada’s new ambassador to Ireland. Prime Minister Justin Trudeau’s office announced the appointment today. King abruptly resigned as premier and Progressive Conservative leader last month, saying the decision was in the best interests of his family, the government and P.E.I. residents. He also […]

OTTAWA — Former prime minister Stephen Harper is taking shots at Liberal leadership frontrunner Mark Carney’s economic record. Harper accuses Carney of taking unearned credit for steering the Canadian economy out of the global financial crisis more than 15 years ago. While Harper appointed Carney to run the Bank of Canada at the beginning of […]

TORONTO — U.S. company Welltower Inc. has signed a deal to buy Amica Senior Lifestyles from Ontario Teachers’ Pension Plan for $4.6 billion. The deal includes 31 seniors residences and seven under construction. As part of the transaction, Welltower will also acquire a minority interest in Amica’s management company with the Amica management team owning […]

TORONTO — MediPharm Labs Corp. has signed a deal to sell its facility in Hope, B.C., to and Rubicon Organics Inc. for $4.5 million in cash. The company stopped using the facility in 2024, consolidating operations following its acquisition of VIVO Cannabis Inc. Rubicon Organics has agreed to acquire the land and building associated with […]

TORONTO — A new study says nurses, midwives and doulas can treat depression and anxiety symptoms experienced during pregnancy and after delivery. The clinical trial, published today in the journal Nature Medicine, suggests training non-mental health specialists in short-term behavioural therapy can make treatment available for people who don’t have a psychologist or psychiatrist. Lead […]

The head of the Canada Infrastructure Bank says the power and export-enabling projects the Crown corporation backs are more crucial than ever as trade tumult intensifies with the United States. “In the face of lots of uncertainty, the one thing you can know is that we’re going to need that electricity, energy and trade infrastructure […]