York Region
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TORONTO — Self-driving truck developer Waabi Innovation Inc. says it has secured US$200 million in funding from investors including Nvidia, Volvo Group and Porsche Automobil Holding SE. Waabi founder and chief executive Raquel Urtasun says with the funding in place, the company now has everything it needs to launch self-driving freight trucks in Texas in […]
TORONTO — Strength in the energy sector helped Canada’s main stock index move higher in late-morning trading as the price of oil topped US$80 per barrel. The S&P/TSX composite index was up 56.77 points at 21,644.65. In New York, the Dow Jones industrial average was down 28.00 points at 38,750.10. The S&P 500 index was […]
GREENSTONE, Ont. — Four First Nations have signed a deal with Ontario for new roads, other infrastructure projects and skills training as the province lays a foundation for plans to mine the Ring of Fire. The province says Animbiigoo Zaagi’igan Anishinaabek, Aroland First Nation, Ginoogaming First Nation and Long Lake #58 First Nation will see […]
OTTAWA — The federal banking regulator is keeping its domestic stability buffer on hold as it says financial system vulnerabilities remain elevated but stable, while near-term risks continue to be low despite some recent increase. The Office of the Superintendent of Financial Institutions says its domestic stability buffer will remain at 3.5 per cent of […]
OTTAWA — Federally regulated workplaces will soon be banned from bringing in replacement workers during a legal strike, after the Senate passed a government bill Monday that is now set to become law. The bill — known as “anti-scab” legislation — also sets a fine of up to $100,000 a day for employers who have […]
OTTAWA — Statistics Canada is updating the basket of goods it uses to measure inflation to increase the importance of food in the calculation as Canadians spend more on groceries and dining out. The agency says the basket share for food increased the most among the major components in its annual review of the calculation. […]
Toronto police say three people are dead including the gunman after shots were fired Monday afternoon at a business that conducts financial transactions. Investigators responded to reports of gunshots shortly before 3:30 p.m. at a commercial building. Police say the shooting took place near a daycare and a school that were both locked down as […]
TORONTO — Anushen Selvasegar can barely fit his hand through the narrow opening in his bedroom window to feel the breeze outside of his 14th-floor apartment in St. James Town, one of Toronto’s most densely populated neighbourhoods. The portable air conditioner in the living room offers some relief, but the cool air does not reach […]
A new study examining data from the Ontario coroner’s office and other sources indicates opioid-related deaths in the province’s shelters more than tripled during the COVID-19 pandemic, when compared with a few years prior. The study conducted by researchers from the Ontario Drug Policy Research Network at Toronto’s St. Michael’s Hospital and Public Health Ontario […]
TORONTO (AP) — Tyler O’Neill hit two of Boston’s four home runs, fellow Canadian Nick Pivetta pitched seven innings and the Red Sox beat the Toronto Blue Jays 7-3 on Monday night for their sixth win in eight games. One day after setting a team record with nine stolen bases, the Red Sox slugged their […]