News

TORONTO — The president of a union representing Toronto transit workers says they are headed toward a Friday strike unless talks drastically change on core issues. A strike could bring transit service in Canada’s most populous city to a grinding halt, upending travel plans for tens of thousands of commuters who depend on its streetcars, […]

OTTAWA — The chairman of a national security watchdog says the panel “cannot add anything” to its recent finding that some MPs wittingly assisted the efforts of foreign states to interfere in Canadian politics. Liberal MP David McGuinty says the National Security and Intelligence Committee of Parliamentarians has gone as far as it possibly can […]

TORONTO — A proposed class-action lawsuit has been launched against TD Bank related to the ongoing investigations into the bank’s anti-money-laundering program in the U.S. The suit launched by Sotos Class Actions is on behalf of shareholders who bought TD shares between Aug. 26, 2021 and June 3, 2024. It alleges TD misrepresented systemic deficiencies […]

TORONTO — Ontario’s fiscal watchdog says there are more than 70,000 children seeking support through the Ontario Autism Program, but fewer than 15,000 are getting funding for core therapy. Not all children registered in the program are waiting for core therapy, which funds applied behaviour analysis, speech language pathology, occupational therapy and mental health services, […]

TORONTO — Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move. The central bank announced the quarter-percentage-point cut on Wednesday, its first in more than four years, meaning its key […]

TORONTO — Gains in base metals and industrials helped lead Canada’s main stock index higher in midday trading on Wednesday, while U.S. markets also rose. The S&P/TSX composite index was up 135.97 points at 22,114.15. In New York, the Dow Jones industrial average was up 15.83 points at 38,733.33. The S&P 500 index was up […]

TORONTO — A Pamela Anderson cooking show and a new Bryan and Sarah Baeumler docuseries are among the highlights of Corus Entertainment’s upcoming TV plans. The broadcaster revealed a fall/winter lineup for its specialty properties and flagship Global that add “Pamela’s Cookin’ With Love” to Food Network Canada and “Building Baeumler” to HGTV Canada. Also […]

OTTAWA — The Bank of Canada cut its key interest rate target by 25 basis points to 4.75 per cent on Wednesday. Here is the text of the central bank’s decision: The Bank of Canada today reduced its target for the overnight rate to 4.75 per cent, with the Bank Rate at five per cent […]

TORONTO — The Toronto Regional Real Estate Board says home sales in May were down 21.7 per cent from last year, but new listings continued to rise as homeowners anticipate a bump in demand. The board said 7,013 homes changed hands in the month compared with 8,960 in May of last year, which coincided with […]

TORONTO — Labatt Breweries of Canada and the National Hockey League have announced a deal that will see Budweiser become an official beer of the NHL in Canada. Financial terms of the multi-year agreement were not immediately available. As part of the partnership, Labatt will receive broadcast exposure through digitally enhanced dasherboards that allow for […]