Ford Canada names Dean Stoneley as new president and chief executive

OAKVILLE, Ont. — Ford Motor Co. of Canada Ltd. has named Dean Stoneley as its next president and chief executive. Stoneley replaces Mark Buzzell, who...

Paying down debt should be priority for low income workers, say experts

TORONTO — Investment planning can often be seen as a luxury for the financially stable but advisers say that it's especially important for those who are...

RBC cuts 5-year fixed mortgage rate, other banks expected to follow

TORONTO — Royal Bank of Canada has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per...

$1.9B in insured damage in Canada last year, says industry association

OTTAWA — The Insurance Bureau of Canada says severe weather caused $1.9 billion in insured damage last year. The national industry association says it's the...

Canadian stock exchanges to conduct lottery for “POT” ticker amid high demand

TORONTO — High demand for the "POT" stock symbol has prompted several Canadian stock exchanges to conduct a collective lottery to select which company will be able...

Canada needs a digital ID system, bankers association says

TORONTO — The Canadian Bankers Association says Canada must create a digital identification system, potentially utilizing technology such as blockchain, biometrics and document review over a...

GM reaffirms Oshawa closure after meetings with Ontario and federal officials

TORONTO — General Motors says it has reaffirmed plans to close the Oshawa Assembly Plant in meetings with the Ontario and federal governments. Company CEO Mary...

Energy sector helps lift Toronto stocks as price of oil heads higher

TORONTO — Canada's main stock index headed higher in late-morning trading, helped by gains in the energy sector as the price of oil moved...

Home sales down in December to cap weakest annual sales since 2012: CREA

OTTAWA — The Canadian Real Estate Association says the number of home sales in December was down for a fourth month in a row,...

CIBC Donation Helps Cancer Patients

New, dedicated telemedicine equipment is being put into use this month at Sault Area Hospital’s Algoma District Cancer Program (ADCP) thanks to a generous...

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