Finance Minister Vic Fideli

Higher tax revenues lead to lower Ontario deficit, minister says

TORONTO — Ontario's finance minister says $1 billion in higher sales and income tax revenues have pushed the province's deficit down to $13.5 billion. Vic...

Energy sector helps boost stocks in Toronto, U.S. stock markets push higher

TORONTO — Canada's main stock index was up in late-morning trading, boosted by gains in the energy sector as the price of oil pushed higher. The...

Barrick Gold reports fourth-quarter loss, revenue down from year ago

TORONTO — Barrick Gold Corp., which completed its merger with Africa-focused Randgold Resources at the start of the year, reported a loss for its...

Budget watchdog says federal deficit this year to be $16.1 billion

OTTAWA — The parliamentary budget watchdog is projecting the federal deficit this fiscal year will come in $2.1 billion lower than the Liberals have predicted. Yves Giroux's...

Energy and financial help lift Toronto market, U.S. stock surge higher

TORONTO — The key energy and financials sectors helped boost Canada's main stock index in late-morning trading, while U.S. stocks also surged higher. The S&P/TSX...

Smaller companies fear they’ll be unable to pass on carbon tax costs: poll

OTTAWA — A large proportion of small- and medium-sized businesses soon to be subjected to Ottawa's carbon tax worry they'll be unable to pass along the bulk of the extra costs...
Northern Ontario Internship Program Funding

Ontario Creating Employment Opportunities for Youth in Sault Ste. Marie

Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced an investment of more than $1.3 million in 46...

Credit agency warns big risk to Canadian schools if China pulls students

OTTAWA — Moody's Investors Services says three of Canada's biggest universities would face a cash crunch if Canada's diplomatic row with China results in...

Energy sector weighs on TSX as oil falls, U.S. stocks also move lower

TORONTO — Canada's main stock index fell in late-morning trading, weighed down by the energy sector which fell as the price of oil moved...

Have a repayment plan when borrowing using a home equity line of credit: experts

OTTAWA — A home equity line of credit may be a cheap and easy way to borrow money to pay off your lingering holiday bills...

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