News

TORONTO — A northern Ontario First Nation is suing the governments of Ontario and Canada over ongoing mercury contamination in a river system that flows through its territory. Grassy Narrows First Nation alleges the governments breached their obligations by failing to ensure the community could safely practise its right to fish. The lawsuit alleges the […]

TORONTO — Weakness in energy and base metals weighed on Canada’s main stock index Tuesday, leading it down almost 200 points, while U.S. markets were mixed. The S&P/TSX composite index was down 186.18 points at 21,930.51. In New York, the Dow Jones industrial average was up 1.73 points at 38,572.76. The S&P 500 index was […]

TORONTO — Shares of Park Lawn Corp. soared nearly 60 per cent in early trading after the company announced a plan to be taken private in an agreement valued at about $1.2 billion, including debt. Under the proposal, Viridian Acquisition Inc., an affiliate of Homesteaders Life Co. and Birch Hill Equity Partners Management Inc., will […]

WATERLOO — A man accused of a triple stabbing targeting a gender studies class at the University of Waterloo last summer has pleaded guilty to several charges. Geovanny Villalba-Aleman was initially facing 11 charges over the attack that took place on campus in June 2023, with federal prosecutors saying all those charges constituted terrorism offences. […]

OTTAWA — Canada’s deputy prime minister says the finding that some Canadian members of Parliament were “wittingly” helping foreign state actors is “concerning,” but she trusts that law enforcement will do its job. Chrystia Freeland’s comments come after a committee of MPs and senators released a report Monday that said intelligence shows foreign actors worked […]

TORONTO — Canadian international defender Doneil Henry has been named sporting director of League1 Ontario’s Simcoe Country Rovers. The 31-year-old from Brampton, Ont. is one of several Canada players with an ownership stake in the semi-pro club based in Barrie, Ont. Others include former Canada captains Atiba Hutchinson and Julian de Guzman and current Canadian […]

OTTAWA — The federal spending watchdog says three key agencies lacked the capacity and tools to protect Canadians from cyberattacks and tackle the growing threat of online crime. In a report today, Auditor General Karen Hogan describes breakdowns in response, co-ordination, enforcement, tracking and analysis between and across the organizations. Hogan’s review looked at the […]

OTTAWA — A new report from auditor general Karen Hogan finds government organizations frequently disregarded federal contracting and procurement rules when awarding contracts to consulting firm, McKinsey & Company. At the request of the House of Commons, the auditor general probed 97 contracts awarded to McKinsey between 2011 and 2023, with a total value of […]

TORONTO — A new report by KPMG in Canada says most Canadians rarely head to a bank or credit union branch to do their daily banking, but they like the idea of keeping the option available. The survey says 48 per cent of those questioned said they visit a branch once or twice a year […]

TORONTO — Advocacy group Women in Capital Markets is changing its name to VersaFi. The group says the move reflects the organization’s commitment to accelerating progress for gender equity across the sector more broadly. VersaFi chief executive Tanya van Biesen says the change comes as the group expands its efforts to support and advocate for […]