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Loonie, Toronto Stock Exchange down in Friday trading

Loonie, Toronto Stock Exchange down in Friday trading

Breaking news, Canada, Latest headlines June 26, 2015 at 8:29 pm 0 comments

TORONTO — The Toronto stock market moved lower Friday morning for a second day. The S&P/TSX composite index was down 45 points, dropping to 14,852.50 after falling 50.01 points on Thursday. The Dow Jones industrial average was up 97.95 points at 17,988.31, the Nasdaq index fell 14.11 points to 5,098.08,Read More

Former MP Del Mastro out on bail after appealing conviction

Former MP Del Mastro out on bail after appealing conviction

Canada June 26, 2015 at 7:41 pm 0 comments

 PETERBOROUGH, Ont. — Former Conservative MP Dean Del Mastro has been ordered released on $5,000 bail one day after his conviction for “cheating” during his 2008 re-election campaign. Del Mastro had applied for bail while he appeals his convictions for three electoral offences: overspending, failing to report a contribution heRead More

Tory wants earlier Sunday subway service, new ideas to ease congestion

Tory wants earlier Sunday subway service, new ideas to ease congestion

Canada June 26, 2015 at 7:38 pm 0 comments

 Toronto Mayor John Tory outlined a series of measures the City of Toronto is undertaking to ease congestion, and some loftier goals that may take longer to put in place, at a news conference Friday morning. The mayor said he’s been telling TTC officials that he wants Sunday subway serviceRead More

Sobeys to cut 1,300 jobs in Ontario and Alberta

Sobeys to cut 1,300 jobs in Ontario and Alberta

Canada June 26, 2015 at 7:30 pm 0 comments

STELLARTON, N.S. — The Sobeys grocery business expects to eliminate 1,300 jobs over the next year or two as it moves to open new distribution centres in Ontario and Alberta and continues to integrate Safeway Canada’s operations. The head of Sobeys parent company told analysts in a quarterly conference callRead More

Loonie, Toronto Stock Exchange down in Friday trading

Loonie, Toronto Stock Exchange down in Friday trading

Canada June 26, 2015 at 7:27 pm 0 comments

TORONTO — The Toronto stock market moved lower Friday morning for a second day. The S&P/TSX composite index was down 45 points, dropping to 14,852.50 after falling 50.01 points on Thursday. The Dow Jones industrial average was up 97.95 points at 17,988.31, the Nasdaq index fell 14.11 points to 5,098.08,Read More

Bell to bring new high-speed internet service to Toronto, 2,400 jobs to be created

Bell to bring new high-speed internet service to Toronto, 2,400 jobs to be created

Canada June 25, 2015 at 6:31 pm 0 comments

A new high-speed internet service that will allow users to download movies in about seven seconds will soon be available in Toronto as part of a massive Bell Canada infrastructure project that is expected to generate 2,400 jobs locally. Bell Canada President and CEO George Cope announced on Thursday morningRead More

Del Mastro sentenced to one month in jail for violating Canada Elections Act

Del Mastro sentenced to one month in jail for violating Canada Elections Act

Canada June 25, 2015 at 6:25 pm 0 comments

PETERBOROUGH, Ont. — Former Conservative MP Dean Del Mastro has been sentenced to one month in jail after he was convicted of violating the Canada Elections Act during the 2008 federal election. The Peterborough, Ont., judge found that he had exceeded spending limits, failed to report a personal contribution ofRead More

Canadian dollar up ahead of North American stock trading

Canadian dollar up ahead of North American stock trading

Canada June 25, 2015 at 6:21 pm 0 comments

TORONTO – The Canadian dollar was up about one-tenth of a U.S. cent ahead of trading on North American stock markets. The loonie traded at 80.78 cents US, up 0.13 of a U.S. cent from Wednesday’s close. The Dow Jones industrial futures were up 51 points at 17,934.0, the NasdaqRead More

Some federal access-to-information requests stretch back to 2009

Some federal access-to-information requests stretch back to 2009

Canada June 25, 2015 at 6:20 pm 0 comments

OTTAWA – It’s been said the wheels of justice turn slowly, and a new look at Canada’s creaky access-to-information system appears to bear that out. According to data collected as part of a Liberal question in the House of Commons, Justice Canada is the federal department with the longest-running activeRead More

PM hosts soldiers and families at annual garden party instead of MP’s

PM hosts soldiers and families at annual garden party instead of MP’s

Breaking news, Canada, Latest headlines, slider June 24, 2015 at 6:50 pm 0 comments

OTTAWA — In the morning, Stephen Harper visited with families who lost loved ones in terrorist attacks. In the evening, he hosted the families of Canadian soldiers who are fighting to prevent such attacks in the future. What was supposed to be the prime minister’s annual garden party for theRead More