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TORONTO — Canada’s main stock index fell in late-morning trading, weighed down by losses in the telecom and base metal sectors, while U.S. stock markets were mixed. The S&P/TSX composite index was down 70.96 points at 21,777.63. In New York, the Dow Jones industrial average was down 251.30 points at 39,159.91. The S&P 500 index […]

TORONTO — Gold medallist Maude Charron, of Rimouski, Que., will lead Canada’s two-person weightlifting team at the Paris Olympics. Charron, who won weightlifting gold at the Tokyo Games in 2021, will compete in the women’s 59-kilogram event in Paris. In Tokyo, she lifted 236 kilograms in the 64 kg category, four more than the silver […]

TORONTO — Mustafa Ahmed is making history as the first artist to win the Prism Prize twice. The Sudanese-Canadian musician and director, who performs simply as Mustafa, earned this year’s award with his self-directed music video for the song “Name of God.” The clip features several striking images, including the Toronto-based artist dancing in his […]

OTTAWA — Canada’s annual inflation rate rose to 2.9 per cent in May, largely driven by higher prices for services, Statistics Canada reported on Friday. The agency reported prices for services rose 4.6 per cent from a year ago as consumers paid more for cellular services, travel and rent. Prices for goods rose one per […]

TORONTO — An urban Toronto riding that has been a Liberal-safe seat for three decades appears to be on the verge of falling to the Tories in an upset win for Pierre Poilievre and his Conservatives. If Don Stewart hangs on to win, it will be a major blow to Prime Minister Justin Trudeau, who […]

OTTAWA — The Liberal government’s changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians’ groups. Finance Minister Chrystia Freeland’s spring budget proposed making two-thirds of capital gains — the profit made on the sale of assets such as a secondary residence or stocks — taxable, rather than one-half. […]

OTTAWA — Statistics Canada is set to publish its May consumer price index report this morning. Economists are expecting inflation slowed slightly last month, which would be another good sign for the Bank of Canada. The central bank, which has been encouraged by the slowdown in inflation, cut its key interest rate by a quarter […]

Conservative candidate Don Stewart remained hopeful late Monday despite trailing his Liberal opponent in the Toronto-St. Paul’s byelection where results were extremely slow to come in. “Let’s not give it up,” he said, in a brief stop at his campaign party at a Jewish restaurant in the riding, around 11:30 p.m. For most of the […]

TORONTO — A musical adaptation of a portion of Leo Tolstoy’s “War and Peace” took home a leading four prizes in the musical theatre division at the Dora Mavor Moore Awards on Monday night. “Natasha, Pierre & The Great Comet of 1812,” put on by Crow’s Theatre and The Musical Stage Company, won accolades including […]

TORONTO — The polls have closed in Toronto-St. Paul’s but Elections Canada is warning results may take longer than normal. While the national elections agency still expects results tonight there are a record-breaking 84 candidates on the ballot which may delay counting. The ballot itself is almost one-metre long thanks to a protest group calling […]