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
The massive electric vehicle battery plant in southwestern Ontario should produce its first module this month as the project looks to hire another 200 employees before the end of the year. Windsor’s NextStar Energy plant, expected to be the first facility of its kind to begin production in Canada, will eventually employ 2,500 people and spur a supply … Read more
Prime Minister Justin Trudeau slammed the NDP and its leader Jagmeet Singh on Friday, saying that while they may care about the environment, they have “no idea what to do in the fight against climate change.” At a news conference in the Montreal suburb of Sainte-Anne-de-Bellevue, Que., Trudeau accused the NDP of “playing simple politics” and “walking … Read more
Disease-resistant seedlings of an endangered tree species are doing well during their first season in a western Quebec forest, according to the conservation group that planted them. Butternut trees are native to Canada and can be found in Ontario, Quebec and New Brunswick. But over the last 30 or so years, canker disease has wiped out … Read more
The Quebec Superior Court has ruled that a lawsuit seeking to overturn Governor General Mary Simon’s appointment can move forward and be heard on its merits. Justice Marie-Hélène Dubé dismissed an application by the attorney general of Canada to have the case thrown out, giving the plaintiffs — two Quebec language rights groups — their second win in … Read more
Some dog owners say the temporary exemption Canada has received from the most onerous new U.S. rules for bringing dogs across the border doesn’t go far enough and the reprieve needs to be made permanent. Earlier this month the U.S. Centers for Disease Control and Prevention (CDC) said that as of Aug. 1, dogs coming … Read more
When Ashley Hickey’s seven-year-old son Alex was diagnosed with celiac disease last month, she knew she had to revamp the entire family’s diet to become a gluten-free household. Celiac is a genetic autoimmune disease that causes people to get sick when they consume wheat, rye or barley. Having celiac herself, Hickey is familiar with the … Read more
As the federal government moves to restrict the number of temporary workers in the country, a relatively new program to bring refugees to Canada on a permanent basis is beginning to catch on with employers. The Economic Mobility Pathways Pilot (EMPP) is a federal program aimed, in part, at easing the labour shortages facing many … Read more
Canada’s leading research universities warn that a proposed foreign influence transparency registry could have an unintended “chilling effect” on international partnerships, meaning Canada misses out on cutting-edge opportunities. The U15 Canada universities are among several concerned voices urging MPs to adopt changes to the planned registry, a centrepiece of legislation being whisked through a House … Read more
The federal government announced Wednesday that oral health care providers who provide services to Canadian Dental Care Plan (CDCP) clients can bill the insurance company directly without formally signing up for the program. In early April, provincial dental associations told CBC News that Ottawa was requiring dental care providers to sign contracts to join the … Read more
