Category: Uncategorized

OTTAWA — Prime Minister Mark Carney announced the creation of a sovereign wealth fund one day ahead of his government’s spring fiscal update, with an initial endowment of $25 billion. “We’re proud to announce a new pillar of our plan, the Canada Strong Fund — Canada’s first national sovereign wealth fund,” said Carney, during a…

The girl fell from the window of an apartment building in North York Sunday evening, police say. They say they are investigating, but the fall does not appear suspicious.

Early signs of softening discretionary spending amid higher fuel prices, continued tensions in the Middle East and trade uncertainties are likely to keep the Bank of Canada from changing its key overnight interest rate on Wednesday. If, as widely anticipated by economists, the bank leaves the rate unchanged at 2.25 per cent, it would mark…

Sharpen your pencils Canadians, because tomorrow Ottawa provides one of the last remaining pieces of a fiscal outlook for the country that so far has been heavier on debt and lighter on growth. Nine out of 10 provinces will have tabled their budgets when Finance Minister François-Philippe Champagne presents the federal update Tuesday — and…

Prince Edward Island’s oyster growers have been hit hard by MSX and dermo, two diseases that are harmless to people but can be fatal to the mollusk. They say P.E.I.’s industry is being wiped out.

Canadian oil producers will provide a first glimpse this week at how the spike in energy prices is boosting their bottom line and what they intend to do with the bumper profits.

One by one, the pins have been knocked out from under B.C. businessman Fred Sharp: He’s been fined tens of millions of dollars for his role in stock-market schemes, he’s banned from equity markets in Canada, his bank accounts were frozen. But he still has his freedom, and it’s not clear why.

Tegan Hutz has nothing but glowing things to say about the care her son received while he was at the IWK Health Centre in Halifax. She’s frustrated, however, that records related to his care were missing for more than two months.

Randall Bartlett talks to FP about inflation risks , what the Bank of Canada will do next and how the country’s finances stand up to its global peers . Canada doesn’t have the leverage over the U.S. it seems to think it has, says trade lawyer Canada’s condo supply is about to fall off a…

Alberta ’s proposal to stop changing the clocks twice a year has resurfaced an old debate, and there’s money on the line. For a family-owned fish and chip shop outside of Calgary, it’s not just a policy question. Their income depends on how long the sun shines during the evening. The idea of permanent daylight…