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OTTAWA — The Bank of Canada cut its key interest rate target by 25 basis points to 4.75 per cent on Wednesday. Here is the text of the central bank’s decision: The Bank of Canada today reduced its target for the overnight rate to 4.75 per cent, with the Bank Rate at five per cent […]

TORONTO — The Toronto Regional Real Estate Board says home sales in May were down 21.7 per cent from last year, but new listings continued to rise as homeowners anticipate a bump in demand. The board said 7,013 homes changed hands in the month compared with 8,960 in May of last year, which coincided with […]

TORONTO — Labatt Breweries of Canada and the National Hockey League have announced a deal that will see Budweiser become an official beer of the NHL in Canada. Financial terms of the multi-year agreement were not immediately available. As part of the partnership, Labatt will receive broadcast exposure through digitally enhanced dasherboards that allow for […]

The ransomware business is booming in Canada. Recent victims have included large corporations such as retailer London Drugs, as well as the City of Hamilton, Ont., and the government of Newfoundland and Labrador. But the criminals who sometimes brag of their attacks on the so-called dark web don’t seem fussy about their targets, based on […]

OTTAWA — Prime Minister Justin Trudeau is on his way to Normandy, France, to mark the 80th anniversary of D-Day. Around 160,000 Allied troops landed on the beaches on June 6, 1944, in what’s now known as the beginning of the end of the Second World War. In all, 4,414 Allied troops were killed that […]

TORONTO — Canada’s most lucrative poetry award is set to be handed out tonight. The $130,000 Griffin Poetry Prize will be awarded at a ceremony in Toronto featuring readings by the shortlisted poets. This year’s contenders include only one Canadian — the British Columbia-based poet-translator George McWhirter, who is a finalist for his translation of […]

TORONTO — Ryan Mountcastle hit a three-run homer in Baltimore’s four-run third inning and later added a two-run shot to power the Orioles to a 10-1 rout of the Toronto Blue Jays on Tuesday at Rogers Centre. Connor Norby hit a two-run homer and Gunnar Henderson scored three times as Baltimore (39-20) won for the […]

OTTAWA — The union representing thousands of Canadian border workers says they will begin job action Friday afternoon if no deal is reached by then. The Public Service Alliance of Canada says it still hopes to avoid strike action and border disruptions but has set a deadline of Friday at 4 p.m. eastern time. More […]

Caledon, Ont., is preparing to welcome the world — through the RBC Canadian Open — to its rolling green hills. TPC Toronto at Osprey Valley was announced as the host for the 2025 edition of the Canadian Open, the men’s national golf championship and the only PGA Tour event north of the border, two weeks […]

TORONTO — A lawsuit filed against quarterback Chad Kelly and the Toronto Argonauts by a former assistant strength-and-conditioning coach has been settled. Two league sources said the agreement was reached through mediation involving all of the parties. The sources spoke on the condition of anonymity as there was no formal announcement about the resolution being […]