News

OTTAWA — Real estate experts say the Bank of Canada’s third consecutive interest rate cut is welcome news for variable-rate mortgage holders, but it could still be some time before significant demand returns to the market. The central bank brought its key lending rate to 4.25 per cent on Wednesday amid softness in the economy […]

TORONTO — The Canada Pension Plan Investment Board has signed an agreement to acquire a stake in Asia Pacific data centre company AirTrunk. The Canadian pension fund manager is investing alongside private equity firm Blackstone in a deal to buy the company from Macquarie Asset Management and other investors including the Public Sector Pension Investment […]

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $684 million in July. The result compared with a revised deficit of $179 million in June. The initial reading for June had shown a surplus of $638 million. In July, Statistics Canada says imports fell 1.7 per cent to $65.0 billion. Imports […]

TORONTO (AP) — Kyle Schwarber’s third homer of the game was a go-ahead, three-run drive in the ninth inning, and the Philadelphia Phillies rallied past the Toronto Blue Jays 10-9 on Tuesday night after allowing six runs in the first. Schwarber hit his 12th leadoff homer of the season and went deep again in the […]

TORONTO — Kyle Schwarber hit three home runs, including a three-run shot in the ninth inning, as the Philadelphia Phillies rallied past the Toronto Blue Jays 10-9 on Tuesday. Schwarber also had an RBI single as Philadelphia (82-56) won its third-straight game. Edmundo Sosa drew a bases-loaded walk and pinch-hitter Kody Clemens hit into a […]

TORONTO — All-star shortstop Bo Bichette is progressing in his recovery from a strained calf. Bichette took batting practice and fielded groundballs with his Toronto Blue Jays teammates on Tuesday, a day after running the basepaths at Rogers Centre. The 26-year-old Bichette has not played since July 19 and has been recovering at the club’s […]

TORONTO — Canada’s main stock index and U.S. markets started September under pressure as signs of weakening economic activity pushed commodities and stocks lower. The S&P/TSX composite index closed down 303.73 points at 23,042.45, led lower by energy and metals companies. In New York, the Dow Jones industrial average closed down 626.15 points at 40,936.93. […]

TORONTO — A 15-year-old boy has been identified as the victim of a deadly Labour Day shooting in Toronto, one of 11 shootings police say took place over the long weekend. Police Insp. Paul Krawczyk called it, “a very violent weekend,” at a news conference Tuesday. Police say they believe the 15-year-old was targeted in […]

SARNIA, Ont. — Police in Sarnia, Ont., say a suspended officer has been charged with multiple offences, including assault and criminal harassment. Police say they were called Friday to a dispute between two people who know each other, one of them a 47-year-old suspended constable. They say the officer was arrested Sunday. He’s also charged […]

Ontario Premier Doug Ford ruled out calling an early election this year, but left the door open on Tuesday to calling one in 2025. The province’s next fixed election date isn’t until June 2026, but Ford continued to dance around the issue of whether or not he’ll call an early election. “We aren’t having an […]