News

TORONTO — Governor Tiff Macklem says he is pleased that inflation has fallen to two per cent, but the Bank of Canada now has to “stick the landing” and keep price growth centred around the target. That’s according to prepared remarks the governor is delivering in Toronto today at an event hosted by the Institute […]

OTTAWA — The federal Fisheries Department says it has reached an agreement with France allowing fishers from the tiny archipelago near Newfoundland a portion of the annual Atlantic halibut catch. In a new release Monday, the department said fishers from the French territory of St-Pierre-Miquelon will be allowed three per cent of the total allowable […]

TORONTO — Former Toronto Raptors star Vince Carter will have his No. 15 retired by the NBA team this season, according to multiple media reports. The 47-year-old Hall of Famer is expected to have his jersey retired in Toronto on Nov. 2 and will become the first Raptor to receive the honour. Carter was the […]

OTTAWA — Environment Minister Steven Guilbeault is calling out Conservative Leader Pierre Poilievre for holding a fundraising last year in Banff, Alta., with oil and gas sector executives. An Elections Canada filing shared by the Liberals shows that a number of executives, including the head of a major oil and gas company, attended a Conservative […]

TORONTO — Strength in the energy and base metal stocks lifted Canada’s main stock index higher in late-morning trading, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 78.80 points at 23,973.51. In New York, the Dow Jones industrial average was up 89.81 points at 42,214.46. The S&P 500 index was […]

TORONTO — At least one competition expert says the record $38.9 million fine against Cineplex Inc. is bound to encourage more action against companies engaged in a deceptive practice known as drip pricing. The theatre operator was found late Monday to have engaged in the practice, where customers are drawn into a purchase without full […]

OTTAWA — Senate officials say they were told in January 2021 about phishing emails targeting parliamentary accounts — attacks that were later attributed to hackers acting on behalf of Beijing. The officials say some of the emails made it through firewalls and landed in senators’ email inboxes, but no one opened the messages and the […]

TORONTO (AP) — Francis Ford Coppola believes he can stop time. It’s not just a quality of the protagonist of Coppola’s new film “Megalopolis,” a visionary architect named Cesar Catilina ( Adam Driver ) who, by barking “Time, stop!” can temporarily freeze the world for a moment before restoring it with a snap of his […]

TORONTO — The Insurance Bureau of Canada says summer of 2024 is now Canada’s most destructive season on record for insured losses due to severe weather events. The bureau estimates the damages for a group of storms and wildfires at a combined $7 billion in insured losses, topping the $6.2 million cost of the Fort […]

TORONTO — Star outfielder Daulton Varsho has been transferred to the Toronto Blue Jays’ 60-day injured list. Varsho had surgery on his right shoulder Monday. He bats left but throws right handed. He is hitting .214 this season with 18 home runs, 58 runs batted in, and a .293 on-base percentage. Varsho’s best known for […]