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14:30 Toronto homeowners cash out of hot real estate market amid uncertainty

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23:34 2017 Manitoba budget: Numerous jabs but no death blows

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18:04 Dropping the time change?

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03:38 Some applaud, some boo: Alberta reacts to budget 2017

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11:26 United CEO calls bloodied passenger 'disruptive and belligerent' following viral incident: 'Our employees followed established procedures'

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  • B.C. party leaders line up against new U.S. softwood lumber duties

    April 25, 2017 3:11 AM 4

    The long-standing softwood lumber trade war between Canada and the U.S. is heating up again, with Washington announcing its first batch of duties on imported wood in the neighbourhood of 20 per cent. B.C. Liberal Leader Christy Clark said she would meet with members of her cabinet and meet with the media on Tuesday. “My message to B.C. forest workers

  • U.S. announces duties up to 24 per cent on Canadian softwood lumber

    April 25, 2017 2:09 AM 5

    The U.S. Department of Commerce announced late Monday it will impose “countervailing duties” of up to 24 per cent on Canadian softwood lumber, opening a new round in the long-running trade dispute. The Department said it had “preliminarily determined that exporters of softwood lumber from Canada received countervailable subsidies of 3.02 per cent to 24.12 per cent.” “As a result

  • U.S. to impose duties as high as 24% on Canadian softwood lumber, commerce secretary says

    April 25, 2017 1:05 AM 6

    Duties will affect $5 billion worth of Canadian softwood lumber imports U.S. Commerce Secretary Wilbur Ross said on Monday his agency will impose new anti-subsidy duties averaging 20 per cent on Canadian softwood lumber imports, a move that escalates a long-running trade dispute between the two countries. Speaking to Reuters by phone a day ahead of the expected

  • Garth Drabinsky shouldn’t get second chance in capital markets, lawyers argue

    April 24, 2017 6:11 PM 4

    Ontario Securities Commission counsel said Monday that the impresario cannot be allowed to be in a position where he could do more damage. TORONTO—Lawyers for Ontario’s securities regulator said today in their closing statements that Garth Drabinsky, who defrauded investors of an estimated $500 million, should not be allowed to participate in the capital

  • Ontario launches basic income pilot for 4,000 in Hamilton, Thunder Bay and Lindsay

    April 24, 2017 6:02 PM 5

    Participants in the pilot, designed to test if a basic income is a better way to support people living in poverty than the current system, will be randomly chosen by mail in the test communities and begin as early as this summer. Ontario’s long-awaited basic income pilot project will include 4,000 low-income people in the Hamilton-Brantford area, Thunder

  • Luxury shoe brand Jimmy Choo goes up for sale

    April 24, 2017 4:48 PM 4

    LONDON -- Shares in Jimmy Choo have leapt 11 per cent after its board put the luxury shoe brand up for sale. The gains bring the market value of the firm that began in east London to over 700 million pounds ($896 million). The firm, which counts Jennifer Lopez, the Duchess of Cambridge and Beyonce among its fans, is being sold to "maximize value for its shareholders

  • Political paranoia gets expensive for Europe bears who stay away Add to ..

    April 24, 2017 4:30 PM 7

    Skepticism is again proving unhealthy for European stock bears who see a monster behind every door. They were punished anew on Monday. French stocks surged to an eight-year peak after centrist Emmanuel Macron won the first round of the country’s presidential elections. That sparked regional benchmarks to soar to their highest levels since 2015. Again

  • U.S. Supreme Court rejects GM appeal to block ignition switch lawsuits

    April 24, 2017 4:14 PM 4

    The United States Supreme Court has turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches that could expose the company to billions of dollars in additional claims. The justices on Monday left in place a lower court ruling that said the automaker's 2009 bankruptcy did not shield it from liability

  • Notley says Canada will have lots of allies if Trump goes after energy trade

    April 24, 2017 3:28 PM 4

    GUANGZHOU, China -- Alberta Premier Rachel Notley says U.S. President Donald Trump is likely to have some unhappy supporters south of the border if he goes after Canadian energy with trade sanctions. Notley, who is on a trade mission in China, says she doesn't know what Trump was talking about last week when he lumped energy in with other trade irritants

  • Bank of Canada governor 'happy' to see plan for GTA housing market

    April 23, 2017 12:29 AM 5

    Stephen Poloz says the new measures should help slow housing prices Measures to cool the housing market in the Greater Toronto Area have received a warm response from Canada's central banker, who said Saturday it should have some effect on runaway housing prices. "I'm happy there are measures," Stephen Poloz, the governor of the Bank of Canada, told reporters