Category: Uncategorized

OTTAWA — The minister in charge of Alberta’s hospital system is calling on her federal counterpart to shut down talk of sanctioning the province over its new private health care law. Alberta Hospitals Minister Adriana LaGrange said she was surprised but undeterred by a report earlier this week that federal Health Minister Marjorie Michel is…

Walmart Inc. ’s quarterly sales fell short of expectations, a rare miss that’s likely to stoke concern about the leading big-box retailer decelerating alongside a slow-growing U.S. economy. Sales at U.S. stores open at least a year, excluding fuel, rose 2.6 per cent in the second quarter, shy of the lowest analyst estimate compiled by…

With a slew of unexpected maneuvers this year, Scott Bessent has emerged as the most interventionist Treasury secretary in financial markets in decades — putting his credibility on the line in an effort to quell a potentially damaging rise in U.S. borrowing costs. Wednesday brought the latest surprise. Just two weeks after releasing its schedule…

Richard Tory, president of Morgan Stanley’s Canada investment-banking business , is leaving the firm to join Bank of Nova Scotia . He’s set to lead Scotiabank’s global mining group and will also serve as chair of investment banking when he joins the firm at the end of October, the bank said in a statement Wednesday.…

Total United States public debt surpassed US$40 trillion for the first time, and has now surged by a third in less than five years, as U.S. lawmakers continue to shrug off calls to contend with historically wide fiscal deficits. Public debt outstanding stood at US$40.05 trillion as of the close of business Tuesday, a Treasury…

Ontario’s top court has upheld a house arrest sentence for a man who grabbed a gun from armed intruders who shot his son and fired it at them from his porch while they fled. The Crown tried to appeal Jason Munroe’s conditional sentence from the Ontario Court of Justice. But the province’s Appeal Court dismissed…

OTTAWA — The Public Service Alliance of Canada (PSAC) has issued a lifetime ban against one of its own local presidents just days before he planned to run to keep his job, marking the latest battle between the country’s largest public sector union and one of its own. In an Aug. 11 letter obtained by…

WASHINGTON, D.C. — Paul St-Pierre Plamondon, leader of the Parti Québécois, said this week that a PQ government would not hold a sovereignty referendum while Donald Trump is president of the United States, even if the party wins a majority in Quebec’s October election. St-Pierre Plamondon’s announcement illustrates what political observers see as a significant…

The good news is that Canadian home prices appear to have hit bottom. The not so great news is that a full recovery of the housing market could still be years away. Numbers released by the Canadian Real Estate Association this week showed that home sales rose 0.5 per cent in July from the month…

An Ontario judge has discounted the sentence for an Ecuadorian man convicted of violently sexually assaulting a woman because he’s likely going to be deported when he gets out of prison. Sergio Reyes Loor was convicted of sexual assault causing bodily harm earlier this year in the Ontario Superior Court of Justice. A ban has…