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Trade war would wipe out economic growth while pushing inflation higher: Tiff Macklem

Trade war would wipe out economic growth while pushing inflation higher: Tiff Macklem

MISSISSAUGA, Ont. — U.S. tariffs and Canada's retaliation to them would have a devastating effect on the economy, pulling growth down while reigniting inflation, said Bank of Canada governor Tiff Macklem. "A new crisis is on the horizon. If U.S.

Midfielder Markus Cimermancic signs homegrown player contract with Toronto FC

TORONTO — Toronto FC has signed midfielder Markus Cimermancic to a homegrown player contract through 2026 with club options for 2027 and 2028. The 20-year-old from Kitchener, Ont.
Ontario NDP, Liberals release election platforms, promise billions in new spending

Ontario NDP, Liberals release election platforms, promise billions in new spending

TORONTO — Ontario's NDP and Liberals are both pledging tens of billions of dollars in new spending to pay for their campaign promises, but are taking different approaches to the other side of the ledger, with the NDP proposing wealth taxes and the Li
Indigenous kids in care more likely to experience poor health later in life: report

Indigenous kids in care more likely to experience poor health later in life: report

OTTAWA — Indigenous people who were in government care as children experience poorer health and socioeconomic outcomes later in life than those who were never in care, a new Statistics Canada report says.
Three people died in head-on crash last week in New Tecumseth, Ont.: police

Three people died in head-on crash last week in New Tecumseth, Ont.: police

Ontario Provincial Police say they're investigating a head-on collision in New Tecumseth that left three people dead last week.
Statistics Canada reports December retail sales up 2.5 per cent at $69.6B

Statistics Canada reports December retail sales up 2.5 per cent at $69.6B

TORONTO — Canadian retail sales surged higher at the end of last year to post their largest monthly increase since May 2022, but Statistics Canada says its early estimate for January pointed to a pullback to start 2025.
Poilievre's proposed incentives for First Nations water, resource projects draw fire

Poilievre's proposed incentives for First Nations water, resource projects draw fire

OTTAWA — Conservative Leader Pierre Poilievre says he would incentivize First Nations to support natural-resource projects through industry taxes and revisiting how much sway Indigenous Peoples and environmental considerations have over approving pro
S&P/TSX composite down more than 150 points, U.S. stock markets also fall

S&P/TSX composite down more than 150 points, U.S. stock markets also fall

TORONTO — Canada's main stock index was down more than 150 points in late-morning trading as the energy, base metal and technology sectors all came under pressure while U.S. stock markets also pulled back.
Dye & Durham names Sid Singh as new interim chief executive

Dye & Durham names Sid Singh as new interim chief executive

TORONTO — Dye & Durham Ltd. has named Sid Singh as interim chief executive officer, effective immediately.
Paul McCartney's personal photos of Beatlemania bound for AGO in 2026

Paul McCartney's personal photos of Beatlemania bound for AGO in 2026

TORONTO — A collection of Beatlemania photographs shot by Paul McCartney himself is headed to the Art Gallery of Ontario. The Toronto gallery says “Paul McCartney Photographs 1963-64: Eyes of the Storm” will make its Canadian debut in 2026.
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