News

The federal government is going to court to force a Toronto company to sell a $34-million stake in a Calgary-based lithium firm that it bought off a Chinese company. The government had already deemed the previous Chinese owner’s investment in Lithium Chile Inc. to be harmful to national security, and it says in a Federal […]

OTTAWA — A new poll suggests that more than a quarter of Canadians — 27 per cent — now see the United States as an “enemy” country, while another 30 per cent still say they consider the U.S. an ally. Another 27 per cent of respondents to the Leger survey said they consider the United […]

TORONTO — As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs. A Royal LePage survey released Thursday, conducted by Hill & Knowlton, said 57 per cent of Canadians set to renew a […]

BRAMPTON, Ont. — Jack Van Volsen, Angus MacDonell and Carson Rehkopf each had a goal and an assist as the Brampton Steelheads downed the Oshawa Generals 4-2 on Wednesday in Ontario Hockey League action. Konnor Smith also scored for Brampton (26-20-8), which extended its winning streak to three games. Brayden Gillespie made 25 saves in […]

TORONTO — Delta Air Lines is offering US$30,000 to passengers who were on the plane that crashed at Toronto’s Pearson airport earlier this week, with a company spokesperson saying the money “has no strings attached and does not affect rights.” Some of the passengers were injured, but Morgan Durrant said in an email Wednesday that […]

TORONTO — A teen girl who took part in the violent swarming of a homeless Toronto man more than two years ago was the only one in the group who could have stabbed him twice during the attack, prosecutors alleged Wednesday at her murder trial. The girl — one of eight teens charged in the […]

TORONTO — Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024. The company’s net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.7 billion a year earlier. Core earnings were $1.9 billion, up six per cent from $1.8 billion. […]

TORONTO — Canada’s main stock index ticked lower on Wednesday, weighed down by losses in technology and base metals, while U.S. stock markets eked out another gain to reach a new all-time high for the S&P 500. The S&P/TSX composite index closed down 22.68 points at 25,626.16. In New York, the Dow Jones industrial average […]

OTTAWA — Conservative Leader Pierre Poilievre is slamming Liberal leadership candidate Mark Carney’s plan to split the federal budget, calling it a “sneaky accounting trick” to avoid balancing the books. Carney vowed Wednesday to split the budget into two streams, capital and operating spending, and balance the operating side while running small capital deficits. At […]

TORONTO — Delays at Toronto’s Pearson airport continued Wednesday as investigators worked to determine the cause of the fiery crash landing of a Delta Air Lines plane and crews began removing parts of the wreckage. Two of Pearson’s five runways, including the “busiest” in Canada, remain closed, said the airport’s duty manager Jake Keating. The […]