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Ontario home construction levels up, but still far off pace for 1.5M target

Ontario home construction levels up, but still far off pace for 1.5M target

TORONTO — The pace of new home construction is picking up in Ontario, though it is still far off the levels needed for the government to achieve its pledge to build 1.5 million homes by 2031, the budget released Tuesday shows.

Smith Financial looks to merge portfolio companies Fairstone Bank and Home Trust

TORONTO — Smith Financial Corp. is merging a pair of its portfolio companies in a move it says will create the leading alternative lender in Canada.
S&P/TSX composite ticks lower Tuesday, U.S. markets also take a dip

S&P/TSX composite ticks lower Tuesday, U.S. markets also take a dip

TORONTO — Canada's main stock index was down almost 30 points Tuesday, led by weakness in energy and base metals, while U.S. markets also moved into the red after drifting higher for most of the day. A late-day drop for Nvidia dragged U.S.
Billions of dollars of new funding for health care in Ontario budget

Billions of dollars of new funding for health care in Ontario budget

TORONTO — Ontario is set to inject billions of new dollars into health care, the budget for the upcoming fiscal year shows.
110th Grey Cup game, festival earn Prestige Award as Canada's top large-budget event

110th Grey Cup game, festival earn Prestige Award as Canada's top large-budget event

TORONTO — Sport Tourism Canada has presented the 110th Grey Cup and 2023 Grey Cup Festival with its Prestige Award as Canada's event of the year with a budget over $1 million.
Alberta NDP leadership candidate Rakhi Pancholi quits bid, now backs Naheed Nenshi

Alberta NDP leadership candidate Rakhi Pancholi quits bid, now backs Naheed Nenshi

EDMONTON — A contender in the race for the leadership of Alberta's Opposition NDP has dropped out to support fellow candidate Naheed Nenshi, citing the former Calgary mayor's ability to expand the party.
13 arrested in RCMP raids targeting 'suspected Montreal criminal organization'

13 arrested in RCMP raids targeting 'suspected Montreal criminal organization'

MONTREAL — RCMP say they have arrested 13 people in a major operation against a suspected Montreal criminal organization. Spokesman Charles Poirier says police executed some 20 warrants for searches in businesses, residences and vehicles.
Wife of man accused of killing cop said they didn't know they were police: officer

Wife of man accused of killing cop said they didn't know they were police: officer

TORONTO — The wife of a man accused of running over a Toronto police constable told the officer who pulled her out of the car at gunpoint that she didn't know they were police, court heard Tuesday.
CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

TORONTO — Roughly 200,000 small businesses took on new debt to access the forgivable portion of their pandemic relief loans from the federal government, the Canadian Federation of Independent Business said Tuesday.
Highlights of Ontario's 2024 budget: Deficit, more community care, new med school

Highlights of Ontario's 2024 budget: Deficit, more community care, new med school

TORONTO — The Ontario government tabled a budget Tuesday that forecast a ballooning deficit, investments in the home and community care sector, and support for a first-of-its-kind medical school.