News

TORONTO — TD Bank Group is speeding up its plan to install its new chief executive and overhauling its board as it continues to deal with the fallout of its anti-money laundering failures in the United States. The bank, which is struggling to move past the failures, said Friday that Raymond Chun would take over […]

TORONTO — Canada’s main stock index gained more than 200 points in late-morning trading, led by strength in base metals, technology and utilities, while U.S. stock markets also rose. The S&P/TSX composite index was up 209.26 points at 25,055.46. In New York, the Dow Jones industrial average was up 444.81 points at 43,597.94. The S&P […]

OTTAWA — A review by the Bank of Canada of the extraordinary measures it took during the pandemic says the central bank could be clearer in the future in communicating its actions. In addition to slashing its key interest rate to 0.25 per cent in the early days of the pandemic, the Bank of Canada […]

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Authors: Iris Monique Balodis, Associate Professor, Department of Psychiatry and Behavioural Neurosciences, McMaster University; Andrew (Hyounsoo) Kim, Assistant Professor, Psychology, Toronto Metropolitan University; Michael J. […]

OTTAWA — Less than five weeks after she resigned her cabinet seat over a dispute with Prime Minister Justin Trudeau, Chrystia Freeland has launched her campaign to replace him as the leader of the Liberal party. In a one-sentence statement posted on social media Friday morning, she said her official campaign launch will come Sunday. […]

Another person has been arrested as police continue to investigate the alleged kidnapping and murder of a Markham, Ont., Realtor. Police say a 19-year-old from Toronto is the sixth person — and the fifth teenager — to be charged in connection to Yuk-Ying Anita Mui’s case. York Regional Police say he was arrested Wednesday and […]

TORONTO — Hudson’s Bay says it has laid off 41 staff as it revamps the retailer’s structure. Charla Parkinson, a spokesperson for the department store chain, confirmed the staffing cut in an email but did not answer questions about what roles or cities laid off staff were in. She positioned the layoff as a result […]

TORONTO — TD Bank Group is speeding up the its plan to install Raymond Chun as chief executive and cutting the bonuses more than 40 executives as it continues to deal with the fallout of its anti-money laundering failures in the United States. The bank says Chun, who is currently chief operating officer, will become […]

OTTAWA — Chrystia Freeland is running to be the next Leader of the Liberal Party and Prime Minister of Canada. She says in a statement posted on social media she will officially launch her campaign on Sunday. More coming. This report by The Canadian Press was first published Jan. 17, 2025. Kyle Duggan, The Canadian […]

TORONTO — Members of the restaurant industry are calling on the federal government to make the GST holiday permanent, even though some businesses have yet to see much impact from the tax break. Some business owners say the tax break on restaurant meals stretching from Dec. 14 to Feb. 15 has been a big enough […]