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business
Ontario building new base, buying 2 planes for Ornge air ambulance
TORONTO - Ontario is investing $93 million to build a new base and buy new planes for Ornge, the province's air ambulance organization. Health Minister Sylvia Jones says the new hangar will be built a...
The Canadian Press
Dec 17, 2024
Canada pushes net-zero electricity target to 2050 as Alberta vows legal challenge
OTTAWA - The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday - though officials mai...
The Canadian Press
Dec 17, 2024
Tories call for House hearings on U.S. tariff threat amid Liberal tumult
OTTAWA - The Conservatives are calling for Parliament to hold hearings in January on Canada-U.S. trade ahead of president-elect Donald Trump's entry to the White House, as Canadian businesses and expe...
The Canadian Press
Dec 17, 2024
Feds look to boost money-laundering penalties by 40 times
OTTAWA - The federal government says it plans to boost penalties for money laundering by 40 times as part of several measures it wants to roll out to crack down on the issue. The proposal would see th...
The Canadian Press
Dec 17, 2024
Money laundering has seen increased attention in recent years, including from the revelation that criminals in the U.S. used TD Bank to launder more than $969 million in illicit drug profits. (The Canadian Press)
Quebec adopts rule banning sale of most new gas-powered vehicles by 2035
QUBEC - The Quebec government has adopted regulations banning the sale of most new gasoline-powered vehicles as of 2035. The rules, adopted Monday, apply to all "light-duty" vehicles, which the provin...
The Canadian Press
Dec 17, 2024
Rental supply gains help cool pace of rent growth in 2024: CMHC
The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year amid Canada's largest gain of purpose-built rental supply in more than three decades. The federal hous...
The Canadian Press
Dec 17, 2024
The federal housing agency says the vacancy rate for purpose-built rental apartments sat at 2.2 per cent in October when the CMHC conducted the annual survey, up from the record low of 1.5 per cent last year. (The Canadian Press)
Canadians return to Canada Post with relief — and shakier faith in the service
MONTREAL - Canada Post trucks, conveyors and mail carriers swung back into motion Tuesday after a month-long strike by more than 55,000 postal workers left letters and parcels in limbo and a massive b...
The Canadian Press
Dec 17, 2024
Housing crisis voted Canadian Press News Story of the Year
OTTAWA - Canada's housing shortage, widely recognized as a national crisis and the catalyst of significant immigration cuts, is The Canadian Press News Story of the Year. More than a quarter of 96 edi...
The Canadian Press
Dec 17, 2024
Canada’s quarterly population growth hits slowest pace since early 2022
OTTAWA - Statistics Canada estimates the country's population grew by 176,699 people between July 1 and Oct. 1, marking the slowest pace of growth since the first quarter of 2022. Canada's population ...
The Canadian Press
Dec 17, 2024
Here's a list of November inflation rates for selected Canadian cities
OTTAWA - Canada's annual inflation rate was 1.9 per cent in November, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely bec...
The Canadian Press
Dec 17, 2024
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