New home construction in Canada fell by 10 per cent in January compared to December, as fewer multi-unit urban homes, such as townhouses, were built, according to the country’s national housing agency. The Canada Mortgage and Housing Corporation said Thursday that housing starts came in at 223,589 units in January, down 25,379 from December. Many … Read more
Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations. News stations such as CTV and BNN Bloomberg would be affected immediately, according to an internal memo sent to Bell Media employees on Thursday. The … Read more
Armies rarely measure their success by the roads they’ve paved or the rail lines they’ve laid down — but that may be the metric Russia is using in occupied portions of Ukraine, where major infrastructure projects are underway or are being planned. Over the last few months, Moscow-based media have reported on the construction of a new railway line between Rostov-on-Don … Read more
Health Minister Mark Holland says Florida’s plan to import cheaper Canadian pharmaceuticals is a non-starter and the federal government will use its regulatory power to ensure the national drug supply does not face any shortages due to actions by a foreign state. “There is no way we will allow any jurisdiction, be it a state or another … Read more
Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation. The sale of SCI Group Inc. to Metro Supply Chain comes as the country’s national postal service “focuses on transforming to serve the changing needs of Canadians and Canadian businesses,” says … Read more
The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance. The Trans Mountain pipeline is Canada’s only oil pipeline to the west coast, and its expansion will boost the pipeline’s capacity to 890,000 barrels per day from 300,000 currently. The project’s … Read more
It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing economy. But a handful of economic indicators give us some hope for 2024. Inflation has slowed dramatically, and the economy didn’t actually slip into recession. … Read more
Politics Prime Minister Justin Trudeau has appointed a former Olympian, a philanthropist and the head of the Canadian Women’s Foundation to the Senate. All three appointees to fill vacant Ontario Senate seats The Canadian Press · Posted: Dec 20, 2023 3:32 PM EST | Last Updated: 9 hours ago Marnie McBean (left), Paulette Senior (centre) and … Read more
The Toronto Blue Jays are reportedly one of the last teams still in the running to sign baseball’s superstar Shohei Ohtani. Baseball insiders say it will take between $500-$600 million to land the Japanese phenom. But for Rogers Communications, the company that owns the team, this isn’t just about baseball. They want Ohtani to come to … Read more
