Ontario News

TORONTO — Restaurants and bars across Canada are hoping this holiday season could finally spell recovery for the debt-laden sector. But, elevated inflation and a potential recession have them worried that their new normal won’t pay the bills.

The federal government's Canada Infrastructure Bank is putting nearly $1 billion toward the construction of the country's first small modular reactor, located at the site of an existing nuclear plant in Ontario.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,097.01, up 178.61 points): Royal Bank of Canada (TSX:RY). Financials. Up 62 cents, or 0.5 per cent, to $123.88 on 16.

TORONTO — Canada's main stock index was up for the third day in a row, while U.S. stock markets also rose. The S&P/TSX composite index was up 178.61 points at 19,097.01. In New York, the Dow Jones industrial average was up 337.

TORONTO — Low turnout in Ontario's municipal elections could be partly attributed to non-competitive races, the non-partisan nature of local politics and other structural issues with the process, experts said Tuesday, urging communities to find ways

BRACEBRIDGE, Ont. — An Ontario town says private charges that alleged a provincial cabinet minister harmed a threatened turtle species while he was mayor have been dropped.

TORONTO — Reducing developer charges, allowing more units on one residential lot, and pursuing rent-to-own programs are among a host of measures Ontario announced Tuesday aimed at tackling the housing crisis.

TORONTO — Ontario's surprise move to increase the tax paid by foreign homebuyers to 25 per cent won't have much effect on the province's already-cooling market, housing industry observers say.

TORONTO — The group head of HSBC Holdings Plc says the bank is exploring a sale of its Canadian division in part because it's had strong interest from other banks looking to buy it.

TORONTO — The Insurance Bureau of Canada is calling for the creation of a climate risk score that would indicate a property's susceptibility to damages caused by natural disasters.