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Montreal unveils 2025 budget with new spending for housing, homelessness

Montreal unveils 2025 budget with new spending for housing, homelessness

MONTREAL — The City of Montreal is promising to speed up construction permits, raise taxes on owners of vacant lots and spend tens of millions more dollars to help develop affordable housing as part of its 2025 budget. The $7.
Randy Boissonnault leaves Liberal cabinet after shifting Indigenous identity claims

Randy Boissonnault leaves Liberal cabinet after shifting Indigenous identity claims

OTTAWA — Randy Boissonnault is leaving his post as employment minister in Prime Minister Justin Trudeau's Liberal cabinet after weeks of questions about the Edmonton MP's shifting claims of Indigenous identity and his business dealings.
Manulife reaches reinsurance deal worth $5.4 billion to free up capital

Manulife reaches reinsurance deal worth $5.4 billion to free up capital

TORONTO — Manulife Financial Corp. says it has struck another deal to off-load lower-return assets through a $5.4-billion reinsurance deal. The insurer says the agreement with Reinsurance Group of America includes $2.
B.C. government delegation jets to California to promote the province's film industry

B.C. government delegation jets to California to promote the province's film industry

The trip to Los Angeles will include Spencer Chandra Herbert, minister of tourism, arts, culture and sport, Finance Minister Brenda Bailey and Nina Krieger, the Parliamentary secretary for arts and film.
S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.
US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials

US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials

NEW YORK (AP) — An Indian businessman who is one of the world’s richest people has been indicted in the U.S.
Competition Bureau investigating Leon's, The Brick for alleged deceptive marketing

Competition Bureau investigating Leon's, The Brick for alleged deceptive marketing

The Competition Bureau has obtained a court order in an investigation centering around whether Leon's Furniture Ltd. and its subsidiary The Brick deceptively marketed their products.
Stock market today: Wall Street drifts as Target tumbles

Stock market today: Wall Street drifts as Target tumbles

NEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.
All premiers aligned on push for Canada to have bilateral trade deal with U.S.: Ford

All premiers aligned on push for Canada to have bilateral trade deal with U.S.: Ford

TORONTO — All 13 provincial and territorial premiers are aligned on a push for the federal government to negotiate a bilateral trade deal with the United States, Ontario Premier Doug Ford said Wednesday.
McCain, Cavendish Farms named in U.S. class-actions alleging 'potato cartel'

McCain, Cavendish Farms named in U.S. class-actions alleging 'potato cartel'

The heat has been turned up on two 91Ô­´´ frozen-potato giants who have been named in separate price-fixing lawsuits south of the border. McCain Foods Ltd.