York Region
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TORONTO — Canada’s main stock index was down more than 200 points in late-morning trading, weighed down by losses in the energy, financial and base metal sectors, while U.S. markets were mixed. The S&P/TSX composite index was down 225.57 points at 21,735.98. In New York, the Dow Jones industrial average was down 238.22 points at […]
OTTAWA — The federal government is moving to expand early retirement eligibility for some kinds of front-line workers. Treasury Board President Anita Anand says the Liberals are planning to introduce legislation this fall to make it happen. Anand says the changes would allow some workers to retire after 25 years of service without a pension […]
OTTAWA — A senior Bank of Canada official says the unusual measures it took during the pandemic helped boost the economy, but the bar for using quantitative easing again will be very high. The comments came in a speech in Ottawa to the Canadian Association for Business Economics as central bank works to rebuild trust […]
OTTAWA — Newly released federal modelling data suggest that carbon pricing for consumers and big industry will together lower greenhouse-gas emissions by more than 12 per cent a year by 2030 and shave 0.9 per cent off the national GDP. The government has been reluctant to share the data because the numbers don’t factor in […]
TORONTO — A year after a most unusual lead-up to the Toronto Blue Jays’ annual Pride weekend, the executive director of Pride Toronto says the organization’s connection with the team is as solid as ever. “The relationship that we have with the Jays and Jays Care (Foundation), it’s even stronger this year,” said Kojo Modeste. […]
TORONTO — Provinces must stop natural gas expansion and invest in electrification to keep home heating reliable and cost-effective, a new report says, suggesting ratepayers and governments could otherwise be on the hook for billions of dollars in underused and overbuilt gas infrastructure. The Canadian Climate Institute report says for the country to hit its […]
OTTAWA — The CEOs of Canada’s five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment. The chief executives of Royal Bank of Canada, TD Bank Group, BMO Financial Group, Scotiabank and CIBC are all scheduled to appear by videoconference […]
OTTAWA — Foreign Affairs Minister Mélanie Joly is readying an “Arctic foreign policy” aimed at preparing for a more tense time in international relations. Joly tells Bloomberg News that this will involve working closely with NATO peers, including Finland and Sweden, who recently joined the military alliance. Her office says this is a foreign policy […]
Toronto police say a 16-year-old boy has been charged in the stabbing of another teenager during a large brawl near a high school. Police say about 30 youths got into an altercation in front of Weston Collegiate Institute on Tuesday afternoon, before the group moved to nearby Ellis Avenue. They say a 15-year-old boy was […]
TORONTO — A Toronto police constable is facing criminal charges after the force alleges he sexually assaulted someone he met in the course of his police duties. Police say Const. Andrew Corkill met that person in 2010 and maintained an inappropriate personal and sexual relationship with them that year and the following year. It’s alleged […]