Author: admin
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IPO rebound in Canada gains momentum as gold miners Cadillac, Amapa Minerals seek Toronto listings
Cadillac Mines Corp. and Amapa Minerals Holdings Inc. filed for initial public offerings , in the latest sign that the pace of Canadian listings is starting to pick up. Cadillac has claims on property in Ontario, where its flagship Kerr-Addison project is located, and in Quebec, according to a preliminary prospectus published Monday. It counts…
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Stocks, bonds climb after U.S. consumer prices drop for first time in 6 years
A cooler-than-estimated inflation reading spurred gains in both stocks and bonds, easing concern about the potential for imminent Federal Reserve rate hikes amid a resurgence in oil prices. The S&P 500 was set to extend its July advance, with a rally in chipmakers also helping sentiment and overshadowing a slide in software shares after International…
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Weekend shootings in Toronto have Bradford and Chow talking tough on crime
After a bloody weekend of gunplay that left three dead and several more wounded, the likely ballot question for this fall’s mayoral election was suddenly clear: Do Torontonians feel safe in their city? Brad Bradford, a city councillor who is challenging prominent incumbent Olivia Chow, sought to emphasize that on Tuesday, telling reporters that police…
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Canada Post handed out $30.8M in management bonuses in 2025 despite $1.57B deficit
Canada Post gave out $30.8 million in bonuses to its management employees in 2025, according to disclosure provided to the House of Commons Standing Committee on Government Operations and Estimates. The Crown corporation’s president and CEO Doug Ettinger conceded in an appearance before the committee on June 18 that it lost $1.57 billion in 2025,…
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Canadian dollar bounces back above 71 cents U.S. on weaker stateside inflation
The Canadian dollar rose 0.6 per cent on Tuesday to take it above 71 cents U.S. for the first time in a month as the greenback slumped on cooler-than-expected inflation in the United States. U.S. inflation for June came in at 3.5 per cent year over year, beating economists’ expectations of 3.8 per cent and…
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Teen who killed grandmother in random attack still relishes violence despite apology, court hears
During his months in custody since stabbing an 83-year-old woman to death in a frenzy of unprovoked violence outside her Ontario home, a teenager was involved in a fight after which he declared he “hasn’t felt this alive” since he committed his murder. His apparent deficit in remorse while relishing violence was highlighted by Crown…
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‘Not at the expense of our rights,’ says national chief on fast-tracking major projects
Assembly of First Nations (AFN) National Chief Cindy Woodhouse Nepinak took aim at the federal government’s proposed changes to fast-track approvals for major projects, arguing that economic development cannot come at the expense of First Nations’ rights. “We have said many times First Nations are for economic growth that will drive Canada’s prosperity, but not…
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Former MP Raj Grewal faces slew of fraud allegations, possible suspension as lawyer
Ontario’s legal regulator is moving to suspend the licence of lawyer Raj Grewal as the former Liberal MP faces a slew of lawsuits accusing him, the law firm he founded, family members and associates of millions of dollars in fraud and other wrongdoing. The Law Society of Ontario is investigating charges that Grewal may have…
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Trump orders more strikes after Iran attacks ships in the Strait of Hormuz
U.S. President Donald Trump ordered more strikes against Iranian regime sites on Monday in response to the Islamic Republic’s attacks on civilian-manned commercial ships in the Strait of Hormuz. U.S. Central Command said it completed the “latest wave of strikes against Iran” at 10:15 p.m. Eastern on Monday, five and a half hours after the…
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The Trump era sees Canadians — and Americans — enlisting in the military in swelling numbers
WASHINGTON, D.C. — Military recruitment is rebounding in both Canada and the United States. For the last two years, the Canadian Armed Forces have beaten their Regular Force recruiting target — hitting roughly 105 per cent of it this past fiscal year, the highest number in nearly 30 years — while U.S. armed services met…