Ontario News

TORONTO — Financial markets have flip-flopped all week as a global crisis in confidence over the banking sector has led to a dramatic shift in expectations for central banks' fight against inflation, and has made a recession more likely.

TORONTO — Canada's main stock index closed down over 150 points Friday, with U.S. indexes also posting losses, as the globe continued to grapple with a crisis of confidence in the financial system triggered by two U.S. bank failures.

TORONTO — Decorated swimmer Penny Oleksiak will miss the upcoming Canadian swimming trials as she continues to recover from knee surgery.

TORONTO — Ontario’s highest court dismissed multiple murderer Dellen Millard’s conviction appeal for his father’s killing Friday, while applying a recent Supreme Court decision entitling him to seek parole after 25 years, not 75.

TORONTO — It's early in the MLS season, but frustration is growing at Toronto FC. Injuries to key personnel have denied coach Bob Bradley a chance to field his first-choice team.

TORONTO — Ontario's long-term care minister says the province is giving $1.25 billion in the next fiscal year to homes for hiring and staff retention.

TORONTO — Canada's two banking complaints agencies say there were a record number of inquiries and cases opened last year.

Toronto saw an average of more than three deaths per week among people experiencing homelessness last year, totalling 187 deaths in 2022 according to new city data.

TORONTO — Shai Gilgeous-Alexander's ability to control the pace of play has translated into a career season. "It keeps (defences) off balance," the Hamilton native said Thursday in Toronto, where his Oklahoma City Thunder fell 128-111 to the Raptors.

TORONTO — The National Newspaper Awards have named the finalists for its annual journalism honours and given six nominations to The Canadian Press.