News

OTTAWA — An internal government memo reveals budget and staff challenges have exhausted employees and sapped morale at the federal nerve centre for managing forest fires and other emergencies. The memo also says the Government Operations Centre lacks both the capacity to fully modernize and the money for new digital tools. The Canadian Press used […]

OTTAWA — China has announced an anti-dumping investigation into Canadian canola imports today in response to Canada planning to impose tariffs on Chinese electric vehicles, steel and aluminum. In a news release, China’s Ministry of Commerce says it is launching an anti-discrimination investigation into the tariffs and an anti-dumping probe into Canadian canola imports as […]

BRAMPTON, Ont. — Ontario Premier Doug Ford has ruled out calling an early election this year, but has left the door open to calling one in 2025. The province’s next fixed election date isn’t until June 2026, but Ford says he and his Progressive Conservative team must always be prepared. He has given his party’s […]

LONDON, Ont. — Business-client focused VersaBank has closed an acquisition that will see it expand its main lending product to the U.S. market. The London, Ont.-based bank says the purchase of Stearns Bank Holdingford N.A. will allow it to expand its receivables funding solution for point-of-sale finance companies. The move follows a trend among Canada’s […]

TORONTO — Canada’s main stock index was down more than 300 points in late-morning trading, weighed down by losses in the energy and base metal sectors, while U.S. stock markets also fell. The S&P/TSX composite index was down 315.46 points at 23,030.72. In New York, the Dow Jones industrial average was down 452.06 points at […]

TORONTO — The Art Gallery of Ontario has received one the largest private donations of art in its history, one that includes international luminaries as well as selections from widely influential Canadians. The donation from the estate of late businessman Philip Lind consists of 37 works from 24 artists. “It’s a significant collection particularly in […]

TORONTO — Two Toronto police officers have been injured after police say they found a stolen vehicle in the city early Tuesday morning. Police say the officers located a vehicle near Chalkfarm Drive and Jane Street just after 2 a.m. They say one police vehicle was damaged and two officers were taken to hospital with […]

TORONTO — Corus Entertainment Inc. has negotiated an amendment to a credit agreement with its lenders to give it some increased breathing room as it works to deal with its debt. The television and radio broadcaster says the maximum total debt to cash flow ratio required under its financial covenants has been increased to 4.75 […]

TORONTO — When the Toronto International Film Festival rolls out the red carpet to welcome Hollywood’s top stars this week, it will do so with dozens of new brand supporters that organizers hope will put to rest any notions the event has lost some of its corporate cachet. TIFF said Tuesday the number of companies […]

TORONTO — Unifor says it has applied to the Ontario Labour Relations Board to represent workers at a Walmart warehouse in Mississauga, Ont. The union says after the Labour Board processes the application, it will determine if a vote must be held. If the cards submitted by Unifor represent at least 40 per cent of […]