News

Two years after the failed launch of a lending program, Canada Post is making another foray into banking services. The postal service confirmed Friday that it will be offering a chequing and savings account in partnership with Koho Financial Inc. The accounts will be launched nationally next year, though Canada Post employees will be offered […]

OTTAWA — The Supreme Court of Canada has clarified the legal path for judges when reviewing the validity of government regulations, guidelines or other such instruments. In a pair of decisions today, the Supreme Court points to a previous top court ruling that set out a comprehensive framework for determining the applicable standard of review. […]

TORONTO — Losses in the energy and base metal sectors led Canada’s main stock index lower in late-morning trading on Friday, while U.S. stock markets were mixed. The S&P/TSX composite index was down 138.12 points at 24,707.81. In New York, the Dow Jones industrial average was up 310.62 points at 44,039.96. The S&P 500 index […]

OTTAWA — Two years after the failed launch of a lending program, Canada Post looks to be making another foray into banking services. Based on a document posted to the Canadian Union Of Postal Workers website, the postal service will soon be launching a chequing and savings account in partnership with Koho Financial Inc. The […]

A Toronto man is facing a murder charge after a fatal stabbing in a Scarborough apartment building early Thursday morning. Police say officers responded to the building on Lawrence Avenue, east of Kingston Road just after 6 a.m. They say the stabbing victim was found inside an apartment and pronounced dead at the scene. The […]

OTTAWA — Canada’s unemployment rate held steady at 6.5 per cent last month as hiring remained weak across the economy. Statistics Canada’s labour force survey on Friday said employment rose by a modest 15,000 jobs in October. Business, building and support services saw the largest gain in employment. Meanwhile, finance, insurance, real estate, rental and […]

OTTAWA — The Parliamentary Budget Officer estimates the Trans Mountain pipeline is worth less than it cost to build in an updated financial assessment of the controversial project. The budget watchdog says the pipeline could be worth between $29.6 billion and $33.4 billion, depending on what happens after the initial 20-year contracts expire. Meanwhile, the […]

OTTAWA — The national unemployment rate was 6.5 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (numbers from the […]

OTTAWA — Canada’s national unemployment rate was 6.5 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.1 per cent (10.0) _ Prince Edward Island 10.0 per cent (7.1) _ Nova Scotia 6.2 per cent (6.3) _ New Brunswick 6.8 […]

OTTAWA — A quick look at Canada’s October employment figures (numbers from the previous month in brackets): Unemployment rate: 6.5 per cent (6.5) Employment rate: 60.6 per cent (60.7) Participation rate: 64.8 per cent (64.9) Number unemployed: 1,429,000 (1,428,100) Number working: 20,596,900 (20,582,400) Youth (15-24 years) unemployment rate: 12.8 per cent (13.5) Men (25 plus) […]