News

OTTAWA — The Canadian government is calling on the European Union to ease restrictions on seal products as member states review trade regulations. Ottawa says in a letter dated Aug. 6 to the European Commission’s vice-president that Canada has been given the opportunity to “provide input” on the seal trade while the union evaluates and […]

Rents are still rising in Canada but the year-over-year pace of growth has slowed, according to a new report. The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.9 per cent from last year. The year-over-year increase is the slowest rise since early 2022, while […]

HAMILTON — Police have charged a 40-year-old man who allegedly killed his roommate at a Hamilton care home. Hamilton police say the man is charged with second-degree murder in the death of 46-year-old David Fugler. Det. Sgt. Sara Beck says Fugler was found unconscious in his room by paramedics on Saturday night and pronounced dead […]

TORONTO — Frank Stronach, the billionaire businessman charged with sexually assaulting 10 complainants, has broken his silence in an interview with CBC’s The Fifth Estate. In clips aired by the CBC, the 91-year-old claims his accusers are pursuing the cases against him to take his money. The Fifth Estate also broadcast clips of an interview […]

TORONTO — A new report says rents are still rising in Canada, but the year-over-year pace of growth has slowed. The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.9 per cent from last year. The report says the year-over-year increase is the slowest rise […]

TORONTO — Canada’s main stock index rose more than 200 points in late-morning trading, helped by strength in the technology sector as shares of Shopify Inc. rose more than 20 per cent after reporting its latest quarterly results. The S&P/TSX composite index was up 218.13 points at 22,197.49. In New York, the Dow Jones industrial […]

TORONTO — TMX Group Ltd. says it has acquired news release distribution service Newsfile Corp. Financial terms of the deal were not immediately available. TMX says the deal bolsters its capital formation business as it continues to expand its offerings beyond listings. Newsfile offers news release distribution as well as regulatory filing services. The company […]

Shopify Inc.’s president has heard retailers talking about softening consumer spending but feels his company is weathering the storm well because of the diversity of its merchants. “Our merchants do seem to be outperforming and doing better than others,” Harley Finkelstein told analysts on a Wednesday earnings call. “I think a big part of the […]

MISSISSAUGA, Ont. — Ontario Premier Doug Ford says he is “happy as punch” that Minnesota Gov. Tim Walz has been chosen as Vice-President Kamala Harris’ running mate on the Democratic presidential ticket. His comments come just two months after the two met in Ford’s office at the Ontario legislature. The two discussed how to strengthen […]

OTTAWA — The Canadian government has updated its travel advisory for the United Kingdom amid a rash of ongoing demonstrations. It says visitors should “exercise a high degree of caution” in the country and takes note of demonstrations and violent clashes between protesters and police over the past week. The travel advice cautions that even […]