News

TORONTO — Canada’s main stock index was essentially unchanged Friday, while U.S. markets were mixed to end the week, with the Dow ekeing out a new record high. The S&P/TSX composite index closed up 1.28 points at 23,867.55. In New York, the Dow Jones industrial average was up 38.17 points at 42,063.36. The S&P 500 […]

TORONTO — A 15-year-old boy and a 19-year-old man have been charged after Toronto police investigated a bank robbery that took place last month. Police allege two suspects entered a bank on Aug. 26 and jumped over the counter, threatening victims with a hammer and demanding cash. A third suspect was waiting at the door […]

OTTAWA — The NDP is asking the Competition Bureau to investigate whether Canadian corporate landlords are using the same AI software that sparked an antitrust lawsuit in the United States. The U.S. Justice Department filed the lawsuit last month against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords […]

TORONTO — Ontario’s minister of citizenship and multiculturalism, who is also Premier Doug Ford’s nephew, says he is temporarily stepping away from his cabinet duties. In a statement today, Michael Ford says he informed the premier today that he is taking a leave of absence from cabinet, effective immediately. Ford says he needs to prioritize […]

OTTAWA — The NDP is asking the Competition Bureau to investigate whether Canadian landlords are using the same AI software that sparked an antitrust lawsuit in the United States. The U.S. Justice Department filed the lawsuit last month against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to […]

KINGSTON — The only supervised consumption site in Kingston, Ont., will stay temporarily closed while the city says it carries out a review of its operations and security after two people were killed in a nearby attack. In a news release this week, the City of Kingston says “substantive operational changes” need to be made […]

TORONTO — Experts say rising team valuations and the desire to forge a legacy are likely at the heart of what motivated Rogers Communications Inc. executive chair Edward Rogers to bolster the company’s portfolio of Toronto professional sports teams. The company’s $4.7-billion deal to acquire rival telecom BCE Inc.’s 37.5 per cent stake in Maple […]

TORONTO — The Toronto Raptors say forward Bruce Brown has undergone arthroscopic surgery on his right knee and will be out for several weeks. The Raptors said in a release Friday that an update on Brown’s condition will be provided when he is re-evaluated in three weeks. Brown averaged 9.6 points, 3.8 rebounds, 2.7 assists […]

OTTAWA — Statistics Canada says retail sales rose 0.9 per cent to $66.4 billion in July, helped by stronger new car sales. The agency says sales were higher in seven of the nine subsectors it tracks with sales at motor vehicle and parts dealers up 2.2 per cent, boosted by a 2.3 per cent increase […]

TORONTO — Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the economy moving forward, including the labour market and price growth. In a speech today, Macklem says the central bank is approaching the issue cautiously to get a better understanding of how AI could […]