OTTAWA — The Bank of Canada says overcoming the economic suffering inflicted by the commodity-price shock essentially boils down to one main option: ride it out. In a speech Thursday, central bank governor Stephen Poloz said no simple policy response will fix the problem, although some measures can buffer theRead More

Toronto, Police Chief Mark Saunders is vowing to make building public trust one of his priorities as he begins his first full calendar year as Toronto’s top cop. Saunders, who took over as police chief in April following the departure of Bill Blair, made the comment to reporters on ThursdayRead More

TORONTO — Sales of homes worth $1 million or more heated up in Toronto and Vancouver last year as the low loonie fuelled demand from foreign buyers, a new report released Thursday says. The report from Sotheby’s International Realty Canada says 11,112 homes worth $1 million or more were soldRead More

EDMONTON — Maple Leaf Foods Inc. is offering to hire Syrian refugees to fill vacant jobs at two of its meat plants. The company, like others in Canada’s meat sector, is dealing with a chronic shortage of employees that has been exacerbated by restrictions placed on the temporary foreign workerRead More

OTTAWA — Canada is condemning North Korea for what Pyongyang says was its first test of a hydrogen bomb. Foreign Affairs Minister Stephane Dion used Twitter to express Canada’s outrage about the news out of North Korea. One of the two tweets accuses North Korea of reckless behaviour. The otherRead More

TORONTO — The Toronto Real Estate Board says that 2015 was a record sales year for its members. The number of sales last year through TREB realtors totalled 101,299 — up 9.2 per cent from 2014. It says the Toronto-area had 4,945 residential sales last month, the second-highest on recordRead More

Toronto: A Canadian insurance company says it will begin offering policies to certain part-time rideshare drivers starting in February. Aviva Canada said in a statement Wednesday that it will offer collision and personal injury liability coverage to Uber X drivers and users of other platforms who spend no more thanRead More

Coun. Rob Ford is returning to Mount Sinai Hospital today to undergo another round of chemotherapy. The latest round of chemo comes after it was announced in November that two new tumours had appeared on Ford’s bladder. The tumours, Doug Ford previously said, are “part of the same family” asRead More

OTTAWA — The federal government has — for perhaps the first time — taken a stab at estimating how many of the country’s veterans are homeless, but the report by Employment and Social Development Canada cautions the data is far from complete. The study, dated March 2015 and released toRead More

TORONTO — The chief economists of some of Canada’s biggest banks say the country is headed for a rocky year as low oil prices continue to drag on economic performance. Bank of Montreal chief economist Douglas Porter told a morning gathering of leading economists today that it’s going to beRead More