November 28th, 2024

Business

U.S. eases border rules for dogs from Canada as Liberals try to secure exemption

By The Canadian Press on July 17th, 2024

OTTAWA – Health Minister Mark Holland says he’s trying to convince U.S. authorities that Canadian dogs should be allowed to cross the border without restrictions. The Centers for Disease Control is imposing new rules on Aug. 1 aimed at stopping the spread of rabies. But Holland says there is no rabies in dogs in Canada ... Read More »

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Just 15 per cent of Ontarians say they’re affected by the ongoing LCBO strike: poll

By Anja Karadeglija and Rosa Saba, The Canadian Press on July 17th, 2024

A new poll suggests that just 15 per cent of Ontarians are personally affected by the LCBO’s ongoing strike, as the provincial government expands access to alcohol at other retailers. That’s despite nearly 90 per cent of respondents in a new Leger poll saying they are aware that the job action is happening. Fewer than ... Read More »

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UK’s new government announces legislation for ‘national renewal’ as Parliament opens with royal pomp

By Jill Lawless, The Associated Press on July 17th, 2024

LONDON (AP) – Britain’s new Labour Party government promised to calm the country’s febrile politics and ease its cost-of-living crisis as it set out its plans for “national renewal” at the grand State Opening of Parliament on Wednesday. Stabilizing the U.K.’s public finances and spurring economic growth were at the center of Prime Minister Keir ... Read More »

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Extreme weather hit profits at over half of Canadian businesses: survey

By Ian Bickis, The Canadian Press on July 17th, 2024

TORONTO – A new survey of business leaders finds the vast majority are concerned that climate change will hit their operations this year while more than half report that it’s already affected profits. The survey of 350 business owners and executives by KPMG in Canada found 92 per cent fear their company will feel the ... Read More »

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UK’s new Labour government says it will turn the page on cost-of-living crisis and boost economy

By Jill Lawless, The Associated Press on July 17th, 2024

LONDON (AP) – Britain’s new center-left government says it will help the country move on from a cost-of-living crisis by focusing on wealth creation, as it sets out its plans for the coming year. A speech written by the Labour government’ and delivered in Parliament by King Charles III, says Labour will get more houses ... Read More »

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Half of Ontarians support union’s goals in ongoing LCBO strike: poll

By Anja Karadeglija and Rosa Saba, The Canadian Press on July 17th, 2024

Fewer than one-third of Ontarians say they want the provincial government to intervene to end the 12-day strike at Ontario’s main liquor retailer, while about half are supportive of the striking union’s demands. That’s according to a new Leger poll that asked if the government should use binding arbitration or legislation to ensure LCBO stores ... Read More »

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Équité Association says auto theft dropped 17 per cent in six months

By The Canadian Press on July 17th, 2024

TORONTO – An insurance fraud prevention group says auto thefts were down 17 per cent during the first six months of 2024, compared to the same period last year. Équité Association says the drop can be attributed to multiple factors including increased border patrol and police collaboration, government action and better public awareness. The Équité ... Read More »

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What to know about insurance claims after Tuesday’s flash flooding

By The Canadian Press on July 17th, 2024

TORONTO – As people in southern Ontario survey the damage done by intense flash flooding on Tuesday, the Insurance Bureau of Canada says residents need to figure out what their policies cover. Torrential rain hit Toronto and the surrounding area on Tuesday, flooding a major highway and a key transit hub amid rainfall warnings for ... Read More »

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LCBO bargaining to resume Wednesday, union says

By The Canadian Press on July 16th, 2024

TORONTO – The union representing about 10,000 striking workers at Ontario’s main liquor retailer says they’re heading back to the bargaining table Wednesday. The Liquor Control Board of Ontario unionized workers walked off the job July 5 in a dispute their union has said is largely about Premier Doug Ford’s plan to allow convenience and ... Read More »

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S&P/TSX composite up almost 250 points Tuesday, U.S. markets also rise

By Rosa Saba, The Canadian Press on July 16th, 2024

TORONTO – Gains in industrial and technology stocks led Canada’s main stock index up more than one per cent on Tuesday, outweighing weakness in energy, while U.S. stock markets also rose, led by a rally on the Dow. After months of record-breaking gains led mainly by large tech stocks in the U.S., on Wednesday it ... Read More »

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Stock market today: A widespread rally sends Wall Street to records, and the Dow leaps 740 points

By Stan Choe, The Associated Press on July 16th, 2024

NEW YORK (AP) – U.S. stocks rose to records after several big companies delivered better-than-expected profits for the spring. The S&P 500 climbed 0.6% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average leaped 1.8% a day after setting its own record, and the Nasdaq composite added 0.2%. UnitedHealth Group ... Read More »

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