News

OTTAWA — Former central banker Mark Carney will launch his bid to lead the Liberal party in Edmonton on Thursday, says a news release from Calgary Liberal MP George Chahal. In a note to supporters inviting them to attend the event, Chahal describes Carney as “not a career politician.” “In an era of global challenges, […]

OTTAWA — Canada should make sure the U.S. is aware of its critical reliance on Canadian energy but not pull back on those exports just yet, Newfoundland and Labrador Premier Andrew Furey said Wednesday. Furey joined other premiers and Prime Minister Justin Trudeau at a meeting in Ottawa to discuss Canada’s plan to respond to […]

TORONTO — Canada’s main stock index was up nearly 200 points in late-morning trading, powered by a broad-based rally, while U.S. stock markets also surged higher. The S&P/TSX composite index was up 187.01 points at 24,775.59. In New York, the Dow Jones industrial average was up 626.07 points at 43,144.35. The S&P 500 index was […]

TORONTO — Almost half of Canadians say inflation and the cost of living will continue to be the biggest financial challenge they face this year, according to a new survey from TD Bank. The survey also finds many respondents, particularly younger Canadians, plan to cut down on their spending. Inflation has fallen back to around […]

OTTAWA — Canadian Manufacturers and Exporters says Canada must act decisively to protect the manufacturing sector if U.S. president-elect Donald Trump goes ahead with his threat to impose tariffs on Canadian goods headed to the U.S. In an open letter to the leaders of the major federal political parties, CME president and CEO Dennis Darby […]

Ontario is taking some preliminary steps toward potentially building a new nuclear generating station near Port Hope, Ont. Energy Minister Stephen Lecce says Ontario Power Generation is exploring the possibility following positive engagement with the local municipality and First Nation community. Lecce previously announced in November that he had asked Ontario Power Generation to begin […]

OTTAWA — Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5 billion in November, helped by higher sales in the aerospace product and parts industry group and the petroleum and coal product subsector. The agency says production of aerospace products and parts rose 9.3 per cent to $2.8 billion in November, as production […]

TORONTO — As Toronto FC prepares to shift its pre-season base to Spain at the end of the week, the search for a new forward continues. And former star striker Sebastian Giovinco, who returned to the club in October as a special adviser and club ambassador, has been helping GM Jason Hernandez and the MLS […]

OTTAWA — The next Liberal leader will need to turn their attention quickly to ensuring the party is ready for an early election once the short leadership race ends in March. Multiple Liberal cabinet ministers and MPs have said they will not seek re-election over the past year, and the governing Liberals are trailing the […]

More than two dozen internationally-trained family doctors are now treating patients in Ontario as part of an expedited licensing program that missed its initial target for 2024. Despite the slower-than-expected uptake in the beginning of the Practice Ready Ontario program, the province now says it’s aiming to bring 100 foreign-trained physicians to northern and rural […]