Colorado’s 8th Congressional District race a dead heat, new poll shows

Colorado’s 8th Congressional District race a dead heat, new poll shows

The race for the 8th Congressional District — a battleground contest that could help decide which party controls the U.S. House — is tied about a month out from Election Day, according to a new poll released Wednesday. Forty-four percent of likely voters surveyed backed Democratic U.S. Rep. Yadira Caraveo, and 44.2% supported her challenger, … Read more

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more

Homeowners will no longer need to do stress test when switching mortgage providers

Homeowners will no longer need to do stress test when switching mortgage providers

The national banking regulator says it will no longer require borrowers with uninsured mortgages to undergo a stress test when switching providers. The Office of the Superintendent of Financial Institutions says it will end the policy for lenders to apply the minimum qualifying rate to straight switches when uninsured mortgages are renewed at a different institution … Read more

TD Bank shakes up leadership amid scandal around anti-money-laundering program

TD Bank shakes up leadership amid scandal around anti-money-laundering program

TD Bank Group, which is mired in a money-laundering scandal in the U.S., said Raymond Chun will replace chief executive Bharat Masrani, who is retiring next year. Chun, who stepped into the role of head of Canadian personal banking last December, will become chief operating officer on Nov. 1 before taking over the top job … Read more

On-site work is now underway on tower offering bird’s-eye view of Point Pelee

On-site work is now underway on tower offering bird’s-eye view of Point Pelee

If you’re missing that bird’s-eye view of Point Pelee, you’re not the only one. But Parks Canada is now working on the issue that closed the tower more than two years ago.  Parks Canada is working on the Tip Tower observation deck, after it was first closed in 2022 for problems with the safety rail.  … Read more

A key employee who called the Titan unsafe testifies the company only wanted to make money

A key employee who called the Titan unsafe testifies the company only wanted to make money

Wreckage from the Titan is hoisted from the ship that brought it back to St. John’s harbour on June 28, 2023. (Patrick Butler/Radio-Canada) A key employee who labeled a doomed experimental submersible unsafe prior to its last, fatal voyage testified Tuesday that he frequently clashed with the company’s co-founder and felt the company was committed … Read more

Leading business groups ask Liberals to send Air Canada pilot dispute to binding arbitration

Leading business groups ask Liberals to send Air Canada pilot dispute to binding arbitration

Dozens of Canadian business associations across the country have signed a letter urging the Liberal government to prevent Air Canada pilots from striking by sending the labour dispute to binding arbitration.  The letter — which was signed by the Canadian Chamber of Commerce, the Retail Council of Canada, Food Producers of Canada and the Canadian Toy … Read more

Musician Jacob Hoggard requests bail, says he’s in solitary jail cell amid threats

Musician Jacob Hoggard requests bail, says he’s in solitary jail cell amid threats

Disgraced musician Jacob Hoggard says he’s faced threats while in custody and is being held in solitary confinement, as his lawyers mount another appeal of his sexual assault conviction. The former Hedley frontman’s lawyer, Arash Ghiassi, appeared in a Toronto courtroom by Zoom on Tuesday morning. Hoggard’s legal team is seeking to have Hoggard, 40, … Read more

Muslim countries’ local sodas see boost amid Coke and Pepsi boycott over Gaza

Muslim countries’ local sodas see boost amid Coke and Pepsi boycott over Gaza

Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan. Now, both face a challenge from local sodas in those countries due to consumer boycotts targeting the brands as symbols of America, and by extension Israel, at a time of war in … Read more