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Ontario projecting $4.5B deficit this year in third-quarter finances

Ontario projecting $4.5B deficit this year in third-quarter finances

TORONTO — Ontario is projecting that it will end this fiscal year with a $4.5-billion deficit, while also so far hanging onto a large contingency fund.
Higher price tag, repair costs could drive up insurance premiums for EVs, report says

Higher price tag, repair costs could drive up insurance premiums for EVs, report says

TORONTO — Drivers may see higher premiums for their electric vehicles as the insurance industry adjusts to the shift from gas-powered cars to electric alternatives, a new report suggests.
Belleville seeks money from province to establish detox centre, new community hub

Belleville seeks money from province to establish detox centre, new community hub

After declaring a state of emergency over an ongoing drugs crisis last week, the mayor of Belleville, Ont.
CPA Canada cuts 20% of workforce ahead of split with Ontario and Quebec

CPA Canada cuts 20% of workforce ahead of split with Ontario and Quebec

TORONTO — Chartered Professional Accountants of Canada is cutting 20 per cent of its workforce ahead of a move by provincial oversight bodies in Ontario and Quebec to split from the national organization.
Fairfax Financial calls report by short seller Muddy Waters false and misleading

Fairfax Financial calls report by short seller Muddy Waters false and misleading

TORONTO — Fairfax Financial Holdings Ltd. is calling the allegations in a short sellers report on the company false and misleading.
Beanfield asks CRTC to tear down Rogers' 'bulk agreements' with condo developers

Beanfield asks CRTC to tear down Rogers' 'bulk agreements' with condo developers

TORONTO — Independent telecommunications provider Beanfield Metroconnect is asking the industry regulator to outlaw arrangements between carriers and developers that provide turnkey internet service for all units of a particular condo building.

Father dead, son wanted in homicide investigation: Hamilton police

Hamilton police are searching for a 22-year-old man accused of killing his father in Stoney Creek, Ont., on Saturday evening. Investigators say Kuldip Singh, 56, was seriously injured in a fight outside of his home.

OHL roundup: Cowan plays hero as Knights edge Generals 4-3 in OT

OSHAWA, Ont. — Easton Cowan scored at 4:39 of overtime as the visiting London Knights rallied from a 3-0 deficit to trim the Oshawa Generals 4-3 in Ontario Hockey League action on Sunday at Tribute Communities Centre.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Tim Hortons Restaurant Brands International Inc. will release its fourth-quarter financial results on Tuesday before financial markets open.
Remote software updates transforming auto industry, experts say

Remote software updates transforming auto industry, experts say

TORONTO — Picture a broken-down car at the side of the road. Most likely, it's an image of a frustrated driver looking under the hood or using their phone to call for help. But that may be changing.
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