News

TORONTO — Gains in base metals, utilities and industrials helped lead Canada’s main stock index higher Wednesday, after the Bank of Canada announced a highly anticipated interest rate cut, while U.S. markets rallied, with the Nasdaq gaining almost two per cent. The S&P/TSX composite index closed up 166.84 points at 22,145.02. In New York, the […]

TORONTO — Gains in base metals, utilities and industrials helped lead Canada’s main stock index higher Wednesday, after the Bank of Canada announced a highly anticipated interest rate cut, while U.S. markets rallied, with the Nasdaq gaining almost two per cent. The S&P/TSX composite index closed up 166.84 points at 22,145.02. In New York, the […]

TORONTO — Canadian banks are lowering their prime rates after the Bank of Canada cut its benchmark rate for the first time in four years. Banks including RBC, TD, BMO, CIBC and Scotiabank have lowered their rates to 6.95 per cent from 7.2 per cent, effective June 6, as have other financial institutions including Desjardins […]

OTTAWA — The sky was overcast but the sea was calm as a dark green amphibious vehicle rose up out of the gentle waves in Courseulles-sur-Mer, France, on Monday afternoon. On board the restored Second World War-era vehicle, Jim Parks watched the shoreline of Juno Beach approach just as he did on June 6, 1944, […]

Another Thunder Bay, Ont., man who oversaw the creation of fake Norval Morrisseau paintings has pleaded guilty to fraud-related charges. David Voss, 52, pleaded guilty Tuesday to one count of forgery and one count of uttering forged documents. An agreed statement of facts filed with the court says Voss managed the production and distribution of […]

HAMILTON — McMaster Children’s Hospital has halted tonsil and adenoid surgeries after two children died following the procedures. A statement issued Wednesday by Hamilton Health Sciences says both children died after being discharged from hospital. One of them died the day after their surgery and the other child died nine days after their procedure. The […]

OTTAWA — Parliamentary budget officer Yves Giroux is accusing the federal government of hiding its own economic analysis that confirms carbon pricing has a negative overall effect on Canadian households. Environment Minister Steven Guilbeault says the accusation is ridiculous. Giroux is battling with the Liberals after he admitted recently that his office’s own analysis of […]

TORONTO — Toronto’s famed Phoenix Concert Theatre is closing its doors after more than 33 years. Owners of the downtown venue, which has hosted Bob Dylan, the Rolling Stones and Billie Eilish, say they’ve marked Jan. 15, 2025, for the final show as plans go ahead to transform the grounds into residential housing. They plan […]

TORONTO — The Toronto Maple Leafs have hired former New York Islanders head coach Lane Lambert as an associate coach on Craig Berube’s staff. The 59-year-old Lambert posted a 61-46-20 record as Islanders head coach. He was promoted from associate coach after Barry Trotz was fired following the 2021-22 season and led the Islanders to […]

OTTAWA — The Liberal MP who invited a Conservative backbencher onto his podcast says he’s surprised the Conservative described feeling “ambushed” by queries about his long-standing and well-known opposition to abortion. Nate Erskine-Smith says he’s less surprised, however, to see Conservative Leader Pierre Poilievre distance himself from Alberta MP Arnold Viersen’s comments. During his appearance […]