News

TORONTO — The City of Toronto is set to provide an update today on service and traffic measures to ready the city for Taylor Swift’s arrival, with huge crowds expected to flock to the downtown core during her six scheduled shows next month. Swift will perform at Rogers Centre for her sold-out Eras Tour from […]

OTTAWA — Residential school survivors are calling on Canada to criminalize residential school denialism, days after the release of a report about unmarked graves and burial sites associated with the institutions. Doug George, a survivor of the Mohawk Institute, says Canadians need to acknowledge the schools’ place in history and to ensure the children who […]

TORONTO — Canada’s main stock index was down nearly 400 points in late-morning trading, with losses led by the technology and base metal sectors, while U.S. stock markets also fell. The S&P/TSX composite index was down 375.74 points at 24,132.05. In New York, the Dow Jones industrial average was down 355.64 points at 41,785.90. The […]

Police say a man has been charged with possession of stolen property after thousands of dollars’ worth of walnuts were taken from a business in Cambridge, Ont., recovered by police and then stolen again weeks later. Waterloo Regional Police say a transport truck and trailer containing walnuts were stolen on Nov. 5, 2023 from the […]

OTTAWA — Health Minister Mark Holland says a million Canadians have received care under the federal dental-care plan six months after the program began. Starting Friday, the program will also cover more complex procedures. That means people who have coverage under the federal program can request pre-authorization for things like crowns and the initial placement […]

OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of one per cent in the third quarter. Statistics Canada’s gross domestic product report Thursday says growth in services-producing industries in August were offset […]

TORONTO — Open Text Corp. reported a first-quarter profit of US$84.4 million, up from US$80.9 million a year earlier, as its revenue fell 11 per cent following the sale of its AMC business to Rocket Software. The business software company, which keeps its books in U.S. dollars, says its profit amounted to 32 cents US […]

TORONTO — A coalition of prominent health institutions says Premier Doug Ford’s government has no strategy to mitigate problems that could result from the province’s newly liberalized alcohol sales rules, warning that more death, cancer diagnoses and emergency department strains may occur. The coalition, which includes the Canadian Mental Health Association, the Canadian Public Health […]

OTTAWA — Five things to think about if you’re considering gifting money to your child to help buy a home: Mortgage insurance If you can help your child get to the 20 per cent threshold for their down payment, it will save them the cost of mortgage default insurance. The premiums are calculated based on […]

OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers. That’s why a growing number of parents look to help by gifting cash. Natalie […]