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Toronto's Housing Market Sees Strongest Month Ever Amid Shortages

Toronto’s housing market, long the target of warnings of overbuilding and excessive price spikes, just experienced its best month ever. Home sales jumped 11.4 per cent in May, compared to the same...

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Quebec's Laurentian Bank reports lower Q2 profit while raising its dividend

MONTREAL - Laurentian Bank of Canada (TSX:LB) is raising its dividend while announcing a lower second-quarter profit of $31 million.The Quebec-based bank says it's raising its quarterly payment to...

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The Burt behind Burt's Bees returns to solitary life in Maine, tells...

PARKMAN, Maine - Conventional wisdom suggests the Burt behind Burt's Bees left the company after he became disillusioned with the corporate world in North Carolina and wanted to return to his solitary...

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3 key questions for GM's attorney as probe of mishandled ignition switch...

DETROIT - Along rows of cubicles at the General Motors Technical Center in suburban Warren, engineers knew for years about faulty ignition switches in small cars. Safety officials in the same complex...

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Stepping away from Russia relations, G-7 leaders centre 2nd day on economic...

BRUSSELS - Leaders of the G-7 group of major economies are turning their attention during the concluding day of their summit to spurring growth and jobs in an attempt to reinforce a rebound from the...

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Softbank enters robotics business, with emotional humanoid

TOKYO - Softbank Corp. is entering the robotics business with its cooing, gesturing and sympathetic Pepper humanoid-on-wheels that it says is designed for companionship and can decipher human...

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Sex workers like New Zealand law, not Canada’s new ‘Nordic model’ for...

The new prostitution bill introduced by the Conservative government on Wednesday proposes to keep prostitution legal in Canada, but to make it illegal to pay for it or to advertise such services....

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Baloney Meter: Looking at the Ontario party leaders' energy claims

OTTAWA - "One of the reasons ... that your hydro bill has gone up is because of the gas plant scandal." — Ontario PC Leader Tim Hudak"When we came into office in 2003, the electricity system was in...

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European Central Bank Cuts Some Key Interest Rates Below Zero

FRANKFURT - The European Central Bank on Thursday cut interest rates and took a raft of unconventional steps to prevent the 18-country eurozone from sliding into a bout of deflation that could kill off...

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Tim Hudak Made $2.15 Billion Platform Mistake, Liberals Say

TORONTO - Ontario's Liberals say they have found another mistake in Tim Hudak's platform — this one to the tune of $2.15 billion.That's the amount of money the Progressive Conservative leader says...

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TSX little changed as European Central Bank moves to bolster eurozone recovery

TORONTO - The Toronto stock market was little changed as the European Central Bank moved to deal with the threat of deflation and give some lift to a tepid economic recovery.The S&P/TSX composite...

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Tories' Prostitution Law Is a Mess That's Destined to Fail

Pity poor Peter MacKay. He looks like he's having about as much fun rewriting Canada's prostitution laws as he would be having if he had to perform a root canal on himself using nothing but a crochet...

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World Cup 2014: CBC Puts Soccer Fans Into The Game

Scott Russell laughs when asked if he is worried about contributing to a Canadian economic downturn when the FIFA World Cup kicks off on June 12. Russell is the host of CBC's coverage of the FIFA World...

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Loonie little changed ahead of jobs data, European Central Bank cuts rates

TORONTO - The Canadian dollar was little changed Thursday morning as the European Central bank moved to spark a tepid economic recovery in the eurozone and traders looked ahead to the release of...

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Applications for US unemployment benefits rose to 312,000 last week; still...

WASHINGTON - Slightly more Americans sought unemployment benefits last week, but claims for jobless aid continue to be anchored near seven-year lows.The Labor Department said Thursday that weekly...

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Value of building permits rose 1.1 per cent in April after two monthly declines

OTTAWA - Statistics Canada says municipalities issued $6 billion worth of building permits in April, a 1.1 per cent increase after two consecutive monthly declines.The agency says the increase was due...

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Frenzy over Disney 'Frozen' movie includes increased interest in tourism to...

NEW YORK, N.Y. - The popularity of the Disney movie "Frozen" has not only led to box-office profits, sold-out merchandise and long lines to meet "Frozen" characters in Disney parks. It's also...

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How To Fix Canada's Welfare System And Create Jobs

As a social worker, I am exposed to a variety of people from many different backgrounds. Many need assistance with the most basic things including paying for food and shelter. In my experience, the...

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Kinder Morgan Makes For Strange Bedfellows

Earlier this week, Ecojustice lawyers filed a letter in full support of a request Kinder Morgan made to the National Energy Board. Yes, you read that right. Our clients, Living Oceans Society and...

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Tim Hudak Will Get Ontario's Books in Order

As the election heats up and politicians fall over themselves to promise the moon to voters, the single largest problem facing Ontario continues to be the province's pitiful finances. Without...

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