Ontario News

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.

TORONTO — Running backs James Butler, Sean Thomas Erlington and Dedrick Mills are the Canadian Football League's top players of the week. Butler, a running back for the B.C.

TORONTO — Canada rugby coach Kingsley Jones is looking to his youth Wednesday when Canada 'A' takes on Brazil 'A' at the Americas Rugby Trophy.

TORONTO — When investor exuberance in tech stocks faded as COVID-19 spending habits petered out and recession predictions grew, the head of the Silicon Valley Bank's Canadian arm knew what would keep startups going: venture debt.

SMITHS FALLS, Ont. — Canopy Growth Corp. says it is looking to grow its U.S. business with the creation of a new U.S.-domiciled company that will hold its U.S. cannabis investments.

TORONTO — The chair of the Ontario Securities Commission has stepped down less than a year after taking the job. A spokesperson for Ontario Finance Minister Peter Bethlenfalvy says the minister accepted Heather Zordel's resignation on Oct. 21.

TORONTO — Ontario's big city mayors elected to a new term in office may soon have enhanced powers at their disposal to tackle tough issues like housing.

TORONTO — Two former Ontario party leaders carved municipal paths to political redemption Monday, narrowly winning mayoral races mere months after disappointing provincial losses, while several large cities opted to hand their incumbents another term