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S&P/TSX composite up almost 100 points to record high, U.S. stock markets dip
TORONTO — Canada's main stock index pushed to a record high Wednesday as the price of oil spiked, while U.S. markets closed down despite trading higher earlier in the day and inflation data coming in lower than expected.
Jun 11, 2025 1:56 PM
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Carney's 'Canada Strong Pass' to come into effect on June 20
OTTAWA — The federal government is set to announce details of its promised "Canada Strong Pass" next week and the tourism initiative is expected to take effect later this month.
Jun 11, 2025 1:49 PM
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Vancouver short on hotel rooms, silent on safety costs for 2026 World Cup
VANCOUVER — One year out from the FIFA World Cup, questions remain about where soccer fans visiting Vancouver will stay and how much it will cost to keep the city safe.
Jun 11, 2025 1:41 PM
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EPA moves to repeal rules that limit greenhouse gas emissions from US power plants
WASHINGTON (AP) — The Environmental Protection Agency on Wednesday proposed repealing rules that limit greenhouse gas emissions from power plants fueled by coal and natural gas, an action that Administrator Lee Zeldin said would remove billions of do
Jun 11, 2025 1:33 PM
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NDP leader says Carney needs to keep Parliament in the loop on trade talks
OTTAWA — Interim NDP Leader Don Davies is accusing Prime Minister Mark Carney of not being transparent about negotiations with the U.S. on getting President Donald Trump's tariffs lifted.
Jun 11, 2025 1:30 PM
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10 songs to celebrate the life and legacy of the Beach Boys' Brian Wilson
NEW YORK (AP) — The musical world lost a giant with news Wednesday that Brian Wilson, the Beach Boys’ visionary and fragile leader, had died. He was 82.
Jun 11, 2025 1:29 PM
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ArcelorMittal closing wire drawing mill in Hamilton in latest industry blow
HAMILTON — Canada's steel industry was hit with further layoff news Wednesday as ArcelorMittal Long Products Canada announced it is closing its wire drawing mill in Hamilton.
Jun 11, 2025 1:24 PM
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Ottawa's GST rebate on new homes would save typical first-time buyer $27K: PBO
OTTAWA — An eligible first-time homebuyer could save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal, the parliamentary budget officer said in a new report on Wednesday.
Jun 11, 2025 1:08 PM
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Wall Street's rally stalls as US stocks post their 1st loss in 4 days
NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days.
Jun 11, 2025 1:04 PM
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Inflation barely rose last month as cheaper gas and cars offset some costlier imports
WASHINGTON (AP) — U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel services, and rents. Consumer prices increased 2.
Jun 11, 2025 1:03 PM
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