York Region
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OTTAWA — Statistics Canada is set to release its May labour force survey this morning. RBC expects the unemployment rate ticked up to 6.2 per cent and the economy added a modest 15,000 jobs last month. The report is the first major data release following the Bank of Canada’s interest rate cut on Wednesday. The […]
TORONTO — Toronto’s transit workers union says it has reached a “framework” deal with the TTC to avoid a strike and near-total service shutdown. Contract talks went down to the wire but ATU Local 113 says it has reached a deal with the Toronto Transit Commission to put a strike on hold as it works […]
TORONTO — Alicia Elliott has won the prestigious Amazon Canada First Novel Award. She took home the $60,000 prize for “And Then She Fell,” which follows an Indigenous woman made to feel like an impostor in her wealthy Toronto neighbourhood while she tires to write a modern retelling of the Haudenosaunee creation story. Elliott is […]
The CEOs and executives of some of Canada’s largest oil and gas companies told a parliamentary committee Thursday that they while they oppose an emissions cap on their sector, they do support carbon pricing as a tool to reduce their industry’s environmental impact. CEOs and senior executives from Cenovus Energy Inc., Enbridge Inc., Imperial Oil […]
TORONTO — Toronto was on the brink of its first major transit strike in 16 years as union leadership vowed it was ready to shut down service while the city’s transit agency said there was still enough goodwill left to get a deal done before a midnight strike deadline. A strike could bring Canada’s most […]
TORONTO — Ontario Premier Doug Ford is shaking up his education and energy portfolios in a cabinet shuffle as the legislature heads into its summer break. Stephen Lecce moves from education, where he has served as minister since 2019, to energy, swapping portfolios with Todd Smith, who has been the minister of energy for the […]
CEOs and executives of some of Canada’s largest oil and gas companies defended their industry Thursday, the same day a group of Canadians personally affected by climate change called on the federal government to implement its proposed cap on emissions from the oil and gas sector. CEOs and senior executives from Cenovus Energy Inc., Enbridge […]
TORONTO — The head of Scotiabank says he’s not overly concerned with the election result in Mexico, a key area of focus for growth at the bank. Speaking at a Canadian Club Toronto event on Thursday, Scott Thomson said the election of Claudia Sheinbaum as president last weekend was no surprise, but the apparent congressional […]
TORONTO — The head of Scotiabank says he’s not overly concerned with the election result in Mexico, a key area of focus for growth at the bank. Speaking at a Canadian Club Toronto event on Thursday, Scott Thomson said the election of Claudia Sheinbaum as president last weekend was no surprise, but the apparent congressional […]
TORONTO — Strength in energy and base metals helped Canada’s main stock index post a small gain Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index closed up 84.08 points at 22,229.10. In New York, the Dow Jones industrial average was up 78.84 points at 38,886.17. The S&P 500 index was down 1.07 […]