Ontario News

OTTAWA — The Bank of Canada cut its key policy rate by a quarter of a percentage point on Wednesday, bringing it to 2.75 per cent.

TORONTO — The Healthcare of Ontario Pension Plan says it delivered a return of 9.7 per cent for its 2024 fiscal year. HOOPP says its net assets totalled $123 billion for the year ended Dec. 31, up from $112.6 billion in 2023.

OTTAWA — A new poll suggests Canadians' sense of national pride has surged in response to U.S. President Donald Trump's tariffs and threats against the country's sovereignty.

BRAMPTON, Ont. — Quentin Musty had two goals and two assists, Henry Mews had four assists, and the visiting Sudbury Wolves beat the Brampton Steelheads 8-6 in Ontario Hockey League action on Tuesday at the CAA Centre.

WASHINGTON (AP) — President Donald Trump 's threat Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Canada led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United Sta

OTTAWA — Liberal Leader Mark Carney is hoping to be sworn in as Canada's 24th prime minister by the end of the week but there are some logistical hurdles like security clearances for senior members of his transition team that must happen first.

WASHINGTON — After another chaotic day in Canada-U.S. relations, U.S. President Donald Trump dropped his threat to double tariffs on Canadian steel and aluminum imports after Ontario agreed to pause a surcharge on electricity exports.

TORONTO — Ontario Premier Doug Ford agreed Tuesday to suspend the province's surcharge on electricity it exports to three states after a top American official extended an "olive branch" in the form of a meeting in Washington to talk free trade.

OTTAWA — The federal Liberals and the Conservatives are running neck-and-neck in voter support, a new Leger online poll suggests. The poll of Canadians’ voting intentions has both parties sitting at 37 per cent.

TORONTO — Canada's main stock index continued its losses Tuesday, while U.S. markets also fell as tariff tensions between the two countries mounted.