News

TORONTO — The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here’s what you need to know. What’s happening with the Canadian dollar? Canada’s currency sunk below 72 cents US this week for the first time in […]

TORONTO — All-star forward Scottie Barnes is out with a fractured right orbital bone. The Toronto Raptors say Barnes’s injury will be re-evaluated in three weeks’ time. Barnes took an elbow to his eye from Denver Nuggets centre Nikola Jokic with 24 seconds left in the fourth quarter in Monday’s game. Denver scored at the […]

The Toronto Transit Commission’s board postponed a vote this week on a proposal seeking a seasonal ban on electric bikes and scooters in the transit system over potential fire hazards. A report presented to the board for approval on Tuesday recommended banning lithium-ion battery powered mobility devices from vehicles and stations each year between Nov. […]

TORONTO — Toronto Raptors all-star Scottie Barnes is out at least three weeks with a fractured right orbital bone. More coming. The Canadian Press

TORONTO — Ontario is lowering its projections for how many new homes will get built in the province over the next few years, putting the government further off the pace needed to meet its target. Premier Doug Ford has pledged to get 1.5 million homes built over 10 years by 2031, but Ontario has not […]

TORONTO — Ontario has sharply lowered its projected deficit for next year, setting the stage for the government to easily be able to present a balanced budget ahead of a possible spring election. Earlier this year, the government had forecasted a $4.6-billion deficit for 2025-26, but in its fall economic update presented Wednesday, that is […]

TORONTO — The Toronto Argonauts and Saskatchewan Roughriders each had nine players named to the East and West Division all-star squads, respectively, Wednesday. Voting for was conducted by the Football Reporters of Canada and nine CFL head coaches. Running back Ka’Deem Carey (1,060 yards) topped the list of Argos placed on the East Division team. […]

TORONTO — Canada’s main stock index fell in late-morning trading, weighed down by losses in base metal stocks, while U.S. stock markets pushed higher. The S&P/TSX composite index was down 63.50 points at 24,499.05. In New York, the Dow Jones industrial average was up 123.16 points at 42,356.21. The S&P 500 index was up 6.44 […]

OTTAWA — The parliamentary budget officer says if the federal government wants to meet NATO’s military spending target by 2032 as promised, it will have to almost double defence spending to $81.9 billion. The budget watchdog made that conclusion in a report published today on the fiscal implications of meeting the NATO target, which stipulates […]

Ontario Provincial Police say they have charged a man in connection with a fatal boat collision near Kingston, Ont., that killed three people on the Victoria Day long weekend. Det. Insp. Marty McConnell says a 44-year-old man from South Frontenac Township was arrested and charged with three counts of dangerous operation of a conveyance causing […]