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What does the court decision quashing Ontario’s council-cutting move mean

What does the court decision quashing Ontario’s council-cutting move mean

Breaking news, Canada September 11, 2018 at 3:43 am 0 comments

Ontario: An Ontario judge has struck down legislation from the provincial government that cut the size of Toronto’s city council nearly in half in the middle of a municipal election. In response, Premier Doug Ford is invoking the rarely used notwithstanding cause to get his law on the books. Here’sRead More

Loblaw Companies to take $368-million charge related to Tax Court ruling

Loblaw Companies to take $368-million charge related to Tax Court ruling

Breaking news, Canada September 11, 2018 at 3:43 am 0 comments

TORONTO — Loblaw Companies Ltd. will record a $368-million tax charge related to its former Barbadian banking subsidiary Glenhuron Bank Ltd. The charge of 98 cents per share will be recorded in the company’s third quarter but Loblaw says it plans to appeal a tax court ruling that was issuedRead More

Study says Canadian family-operated businesses outperform TSX index

Study says Canadian family-operated businesses outperform TSX index

Breaking news, Canada September 11, 2018 at 3:42 am 0 comments

TORONTO — A study from the National Bank of Canada says the country’s 43 most prominent family-controlled businesses outperformed the S&P TSX composite index. The bank’s analysis of companies including Bombardier Inc., Loblaw Companies Ltd., Rogers Communications Inc. and Shopify Inc. says the businesses have achieved an absolute return rateRead More

Canada, U.S. to resume NAFTA talks after late night Freeland, Lighthizer chat

Canada, U.S. to resume NAFTA talks after late night Freeland, Lighthizer chat

Breaking news, Canada September 8, 2018 at 5:14 am 0 comments

WASHINGTON – Canadian and American negotiators resume their talks today on updating the North American Free Trade Agreement. The talks continue after Foreign Affairs Minister Chrystia Freeland’s late night, 20-minute meeting with her U.S. counterpart, trade czar Robert Lighthizer on Thursday. Freeland called that meeting constructive along with the earlierRead More

Former CIBC executive Tom Woods named chairman of the board at Hydro One

Former CIBC executive Tom Woods named chairman of the board at Hydro One

Breaking news, Canada September 8, 2018 at 5:14 am 0 comments

TORONTO — Hydro One Ltd. says former CIBC executive Tom Woods has been named permanent chairman of its board of directors. Woods has been serving in the job on an interim basis since Aug. 14. The board of directors at the utility as well as its chief executive resigned earlierRead More

Tories blame previous Liberal government for poor job numbers

Tories blame previous Liberal government for poor job numbers

Breaking news, Canada September 8, 2018 at 5:13 am 0 comments

TORONTO – The Progressive Conservatives are blaming the previous Liberal government for the job losses recorded in Ontario last month. Economic Development Minister Jim Wilson says the numbers for August, which saw Ontario shed 80,100 jobs, are a reminder of the previous government’s waste and scandals. The figures from StatisticsRead More

Canada sheds 51,600 jobs, but full-time work rises

Canada sheds 51,600 jobs, but full-time work rises

Breaking news, Canada September 8, 2018 at 5:13 am 0 comments

OTTAWA — The economy lost 51,600 jobs last month in a decrease that drove up the unemployment rate and essentially wiped out a big gain in July, Statistics Canada said Friday. The country’s jobless rate hit six per cent in August, up from its 5.8 per cent reading in July,Read More

Freeland, Lighthizer return to NAFTA table today as new deadline looms

Freeland, Lighthizer return to NAFTA table today as new deadline looms

Breaking news, Canada September 6, 2018 at 6:20 pm 0 comments

WASHINGTON — Canada’s negotiating team in Washington is returning to the bargaining table to resume talks with their U.S. counterparts, hoping for a breakthrough to reach a deal on the North American Free Trade Agreement. Foreign Affairs Minister Chrystia Freeland said she is looking over the work that officials fromRead More

Health minister to make announcement at opioid symposium in Toronto

Health minister to make announcement at opioid symposium in Toronto

Canada September 6, 2018 at 6:20 pm 0 comments

TORONTO – The federal health minister is expected to announce new measures to increase access to treatment for substance abuse at an opioid symposium in Toronto today. Ginette Petitpas Taylor is set to make the announcement after participating in a panel with Bill Blair, the federal minister for organized crimeRead More

Toronto police investigating after military-grade guns delivered to Bombardier facility

Toronto police investigating after military-grade guns delivered to Bombardier facility

Canada September 6, 2018 at 6:19 pm 0 comments

TORONTO – Police say they’re investigating after a suspicious package was delivered to one of Bombardier Inc.’s Toronto facilities. CTV reports that the package contained four military-grade guns labelled “property of the U.S. government” and that Bombardier received the shipment in error. Toronto police Sgt. Jenifferjit Sidhu did not confirmRead More