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Finance committee calls for feds to block RBC-HSBC deal on competition concerns

Finance committee calls for feds to block RBC-HSBC deal on competition concerns

OTTAWA — The finance committee of the House of Commons has called on the Finance Minister to block RBC's $13.5-billion takeover of HSBC Canada over concerns it will hurt competition.
Ontario housing starts up, but still far off needed levels for 1.5 million homes

Ontario housing starts up, but still far off needed levels for 1.5 million homes

TORONTO — Ontario's fall economic statement showed Thursday that projections for housing starts are up from what the province had expected when the spring budget was tabled, but still well short of the pace needed to build 1.5 million homes.
Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officer

Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officer

OTTAWA — Canada will pay an estimated $73.9 billion to buy, fly and maintain its new fleet of F-35 fighter jets, the parliamentary budget officer said Thursday.
At-risk Newfoundlanders and Labradorians can now get details on partner's history

At-risk Newfoundlanders and Labradorians can now get details on partner's history

ST. JOHN'S, N.L. — Newfoundland and Labrador has become the third Canadian province to enact a law allowing those at risk of domestic violence to get information from police about their partner's history, officials announced Thursday.
Hydro-Québec to invest up to $185 billion by 2035 to increase capacity, reliability

Hydro-Québec to invest up to $185 billion by 2035 to increase capacity, reliability

MONTREAL — Quebec's power utility is planning to spend up to $185 billion over the next 12 years to increase capacity and reliability — and satisfy what it expects will be voracious demand for electricity from industry and electric cars.
'Abnormal': Quebec says there are still too many asylum seekers entering the province

'Abnormal': Quebec says there are still too many asylum seekers entering the province

Quebec's immigration minister says the number of asylum seekers entering the province is "abnormal." Christine Fréchette told reporters today that the federal government needs to do more to distribute would-be refugees across the country.
Republicans confront Tuberville over military holds in extraordinary showdown on Senate floor

Republicans confront Tuberville over military holds in extraordinary showdown on Senate floor

WASHINGTON (AP) — Republican senators angrily challenged Sen.
Speaker Mike Johnson signals that Ukraine aid, coupled with border security, is next on GOP agenda

Speaker Mike Johnson signals that Ukraine aid, coupled with border security, is next on GOP agenda

WASHINGTON (AP) — New Speaker Mike Johnson told Republican senators Wednesday that a fresh Ukraine aid package linked to U.S. border security will come quickly in the House, as soon as lawmakers wrap up the $14.
PM urged to back off digital tax before White House hemispheric trade summit Friday

PM urged to back off digital tax before White House hemispheric trade summit Friday

WASHINGTON — Business leaders are seizing on Prime Minister Justin Trudeau's trip to Washington on Friday to urge him to delay a controversial tax aimed at foreign tech firms that cater to Canadian audiences.
Highlights of the Ontario government's fall economic statement

Highlights of the Ontario government's fall economic statement

TORONTO — Ontario tabled its fall economic statement Thursday that shows the province delaying its path to balance by a year and the government proposing to launch its own infrastructure bank to fund major projects.