York Region
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OTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the Competition Bureau’s radar. In a letter to the bureau, Champagne points to other countries that are taking action to ensure no one entity dominates the space. In a deal approved last week, the […]
OTTAWA — Statistics Canada is set to release the latest inflation reading for June this morning. In May, the agency reported inflation rose to 2.9 per cent year-over-year, driven higher by prices for services. Economists polled by Reuters are forecasting consumer prices rose 2.8 per cent in June compared with the same month last year, […]
OTTAWA — Canadian politicians on opposite ends of the ideological spectrum stressed a need Monday to avoid inflaming discussion to the point of inciting violence against public figures. An attempted assassination of former U.S. president Donald Trump at a weekend rally in Pennsylvania prompted concern and reflection north of the border, where politicians have seen […]
OTTAWA — The second instalment of this year’s national carbon-price rebate was deposited or mailed out to millions of households Monday. It was the first time banks were required to follow new orders to label the payments as the federal government wishes. The rebate is sent out in four instalments over the year and is […]
TORONTO — North American stock markets continued their winning streak Monday, as investors’ growing confidence that former U.S. President Donald Trump may be heading back to the White House translated to fresh gains. The S&P/TSX composite index was up 78.16 points at 22,751.68. In New York, the Dow Jones industrial average was up 210.82 points […]
The Tourism Industry Association of Ontario is calling for a swift resolution to an ongoing strike by the province’s liquor store workers, saying the labour dispute is affecting tourism operators during their peak season. Approximately 10,000 workers at the Liquor Control Board of Ontario walked off the job July 5 and the Ontario Public Service […]
TORONTO — Corus Entertainment Inc. says it expects to have slashed 25 per cent of its full-time workforce by the end of next month compared with the beginning of its 2023 fiscal year, as the company continues to “aggressively cut costs.” The job losses, which amount to around 800 positions, come during a turbulent year […]
OTTAWA — The Bank of Canada says business and consumer sentiment remained subdued during the second quarter of the year even as the country saw its first interest rate cut. The central bank’s survey of consumers shows financial stress remained high over the spring as many Canadians reduced spending and adopted pessimistic outlooks about the […]
TORONTO — Ontario Premier Doug Ford’s government is speeding up its expansion of sales of ready-to-drink cocktails amid a strike at the province’s main liquor retailer that has focused on that issue. Finance Minister Peter Bethlenfalvy announced in a press release today that grocery stores that are already licensed to sell beer and wine can […]
OTTAWA — Public Safety Minister Dominic LeBlanc says he has been briefed by the RCMP and CSIS after an attempted assassination of former United States president Donald Trump. “They went through the threat landscape. They talked to me about the additional vigilance that they’ve put in place since the assassination attempt,” he said. LeBlanc said […]