WINNIPEG, Manitoba — Exchange Income Corporation (“EIC” or the “Corporation”) (TSX: EIF) announced today that it has delivered notice to the holders of the Corporation’s outstanding 7 Year 5.75% Convertible Unsecured Subordinated Debentures due March 31, 2026 (the “Debentures”) that pursuant to Section 4.2 of the trust indenture governing the Debentures dated March 26, 2019 […]

Other

A new benefit allows thousands of Canadian students to receive extra cash from the government every month this year.On Wednesday, Minister of Seniors Joanne Thompson announced new benefits available for part-time students whose parents are disabled or deceased and contributed to the Canada Pension Plan (CPP).As of January 1, 2025, eligible part-time students aged 18 to 24 will receive 50 per cent of the amount paid by the CPP to full-time students.This is a monthly flat rate of $150.89 in 2025 for part-time students who qualify for the benefit. Students must show a minimum school attendance threshold to be eligible for the extra cash."The rising costs of living are affecting us all. No child should have to choose between caring for their parents and going to school," said Thompson in a statement. "By regularly evaluating the impact of the CPP on Canadians, we are taking the needs of students seriously and providing them with the tools they need to have a secure future."CPP chil...

Politics

Diversity opponents say the practice leads to discrimination and promotes left-wing ideology, while supporters say it helps level the playing field for women and people of colour.

Society

Canada's wealthiest individuals only seem to be getting richer, according to the latest January 2025 data pulled from Forbes' Real-Time Billionaires list.While big names like Elon Musk and Jeff Bezos still round out the top of the list, a few personalities from north of the border are also regulars on this list of the world's most sizeable fortunes.The Thomson family helms the vast Thomson-Reuters media empire, which employs over 25,000 people across the world, has a net worth of $68.6 billion which puts them firmly at the top of the rankings of Canada's wealthiest.Thomson-Reuters' Toronto headquarters. fotografiko eugen / Shutterstock.comThat $68.6 billion in USD converts to an astonishing $98.7 billion Canadian dollars, and places the Thomson family as the wealthiest in Canada, and the 22nd richest person or family anywhere in the world by Forbes' count.And that fortune has only grown in recent years, with the family amassing an additional $14.25 billion in the first three quarter...

Economics

A massive tent that has stood south of St. Lawrence Market for almost a decade could finally be removed this year.The large tent at 125 The Esplanade has served as a temporary replacement space hosting the farmer's market that was housed in the former St. Lawrence Market North building at 92 Front Street East, and has remained in place while the site is redeveloped with a modern building.Approaching the ten-year anniversary of the temporary market's opening and a quarter century since plans for the new market were first conceived, construction is finally wrapping up on the new North Market building, a glittering $128 million landmark at the northwest corner of Front and Jarvis.Toronto's stunning new $128 million landmark now just months from openinghttps://t.co/OMgZzOObgr— blogTO (@blogTO) November 20, 2024The five-storey structure — designed by U.K.-based architects Rogers Stirk Harbour + Partners working alongside local firm Adamson Associates Architects — will h...

Sport

NEW ORLEANS — New Orleans Police Superintendent Anne Kirkpatrick said she had hired former New York Police Commissioner William J. Bratton as a consultant during a tense city council meeting Wednesday as officials and residents sought answers over security lapses after a terror attack that killed 14 people in the French Quarter. Kirkpatrick also told […]

Events

Opinion: Trump has made it a running joke that Canada is just another American state. He’s openly challenging the idea of Canadian sovereignty. But Canada is not powerless

Culture

New York Times' Kate Conger and Ryan Mac look at Trump supporter/advisor Elon Musk in Character Limit: How Elon Musk Destroyed Twitter

Technology

Workers, volunteers and visitors in facilities operated by B.C. health authorities must now wear masks in areas where patients get care

Science

Way better than the first time Toronto’s preferred starting group finally played as a healthy unit, much more engaged, far more in sync and much more competitive. There were some encouraging signs to emerge from yet another road loss as Toronto began its three-game trip Wednesday night at New York’s Madison Square Garden. A bounce-back […]

Transport

A downtown Toronto parking garage known by local photographers and social media influencers for its quintessential vantages of the Toronto skyline is presently undergoing demolition, soon to be no more.As residents were gearing up for the holidays in mid-December, the City was issuing the requisite permits for the teardown of Impark lot 153, which has long housed over 1,200 spaces across multiple floors at 200 Queens Quay West.Close to sights like the CN Tower, Scotiabank Arena, Rogers Centre, Harbourfront Centre, Billy Bishop Toronto City Airport and more, the lot was a boon for suburban drivers hitting up the city's most popular attractions — and also for the countless people who were aware of the stunning views found on its open top floor.Rising seven storeys above ground, the parkade's uppermost level was somewhat of a hidden gem for photo and video ops, with residents of adjacent condo buildings able to spot groups using it as such and t...

Other

Trudeau’s decision to put off the reckoning by proroguing parliament until late March has raised questions about Ottawa’s ability to make decisions about pretty much anything, Eby suggested.

Politics

With Canada's GST holiday in full swing, Canadians are sharing what they're purchasing to make the most of the two-month tax break.In November, Prime Minister Justin Trudeau announced the GST cut on groceries and other items heading into the busy and costly gift-giving season."In just a few days, essential items will be tax-free in Canada," he shared. "Takeout for dinner. Your morning coffee. Diapers and winter snow pants for your kids. All tax-free for the next two months."Some of the highlights from the list of products include groceries, beer and wine, restaurant meals (dine-in, takeout, or delivery), essential childcare items, and even Christmas trees. You can find the full list of items eligible for the GST cut here.The tax break started on December 14 and will end on February 15.With that in mind, Canadians took to Reddit, sharing ideas on how to truly take advantage of the GST break and save as much money as they can."I bought a couple cases of b...

Society

Hard-working Canucks had plenty of chances to prevail before Pierre-Luc Dubois scored in overtime for the Capitals

Economics

Silvia Chang, a radiologist at Vancouver General and UBC Hospital and section head of abdominal imaging in the Department of Radiology said this is an exciting opportunity.

Sport

Wildfires have been whipped into a frenzy across Los Angeles County due to the Santa Ana winds, with five blazes now estimated to be burning.

Events

Here’s a tip: Keep an eye on Matthew Knies. The Maple Leafs winger scored for the fifth time in three games, deflecting a Morgan Rielly shot in the third period for the winner in a 3-2 Toronto victory in Philadelphia against the Flyers. Playing in front of their mentors at the Wells Fargo Center, the […]

Culture

While the old saying claims there are no small parts (just small performers), it failed to mention anything about venues, and one "comedy club" in Toronto — if you can even call it that — is proving that there absolutely are, in fact, small spots.Confession time: I've dipped my toes into the comedy world once or twice in my time, and from open mics to improv shows, one thing — aside from my propensity to absolutely bomb — remains fairly consistent; the creativity required to transform a space into a comedy club.Aside from the professional spots who've refined the comedy-going experience to be as absolutely palatable to mainstream consumers as possible (think Yuk Yuk's, Second City, Absolute Comedy), other comedy venues across the city tend to fly a little more under the radar for those who aren't, as we in the comedy biz say, "on the scene."It can be all too easy, therefore, to fall into some debaucherous pit (more likely a bar basement or weird bac...

Technology

VANCOUVER, BC, Jan. 08, 2025 (GLOBE NEWSWIRE) — Carbon Done Right Developments Inc. (“Carbon Done Right” or the “Company”) (TSXV: KLX) (FSE: Q1C), a leading provider of high-quality carbon credits sourced exclusively from afforestation and reforestation projects developed and owned by the Company, is pleased to announce that it has completed the first tranche of […]

Transport

The staff at a Toronto restaurant were Burnin' Up this week when they had a surprise visit from the Jonas Brothers.They might be self-described Suckers, but their taste in Toronto restaurants just goes to show they're anything but.If you want to go star-hunting in Toronto at any time of year, Yorkville is about as good a chance as any (save for maybe Pai) to see your favourite celebs, and Joe, Kevin and Nick themselves have proven that hypothesis correct, as they swung by Michelin-recommended Adrak Yorkville on Jan. 7 to tuck into a meal of downright delectable Indian fare.With no Toronto concerts on the docket for the foreseeable future and no particularly strong ties to the city (though, I would be remiss not to mention, much of Camp Rock was filmed at Ontario camps Kilcoo and Wanakita), the visit was all the more of a surprise for staff at the restaurant.A representative for co-founder Ambica Jain tells blogTO that the surprise was the "best way...

Other

No matter who Canada’s next prime minister is, it’s time to lay down a marker: The party with Canada’s finances is over. Canadians have had it with the Trudeau government’s irresponsible spending. One of the reasons Prime Minister Justin Trudeau’s popularity has taken a nosedive is because Canadians are sick and tired of his government’s […]

Politics

It's a tough start to 2025 for Canadian retailers, as Bootlegger, Ricki's, Cleo and Frank and Oak file for creditor protection. Read more.

Economics

Plans to tear down a midtown Toronto office building and construct a soaring condo tower have been in the works for a decade now, and a new plan filed with the City last month could finally result in big changes just east of the Yonge and Eglinton intersection.Developer State Building Group has long been eyeing its property at 55 Eglinton Avenue East as a redevelopment cash cow. Currently home to an eight-storey office building, the owners have been planning to level the mid-rise property and replace it with a high-rise that would keep in character with the changing face of this artery.The project was first proposed as a 47-storey mixed-use tower back in the closing days of 2014, and almost exactly one decade and several revisions later, it is now inching closer to realization with a planned height of 55 storeys.The City refused that early plan, citing its elimination of employment space in favour of residential. This led to a revisions tabled a few years later that retained of...

Sport

Here's a round up of crime news from across B.C. on Jan. 8, 2025

Events

To this point, Hellebuyck has earned everything he’s received, and the Jets have been the prime beneficiary in what is unfolding as a Hall of Fame career right before our eyes.

Transport

PARK CITY, Utah (AP) — Ski patrollers at the biggest U.S. ski resort have reached a deal with Utah’s Park City Mountain Resort to end a strike that put a wrench in operations during the busy holiday season and into the new year. A joint statement released by the executive board of the ski patrollers’ […]

Other

Canadian parents can expect an increase in their Canada Child Benefit payments in 2025, though it won't be as sizeable as the last two years.July always marks the start of the Canadian new benefit year. Since 2018, the government has used a process called indexation to increase benefit amounts to better support parents as the cost of living changes."This indexation means that the maximum benefit amounts and income thresholds at which benefits begin to be reduced are increased annually to keep pace with the rising cost of living, giving parents more support each month to help them provide for their children" an Employment and Social Development Canada (ESDC) spokesperson explains.The maximum benefits and the income thresholds are indexed annually based on the Consumer Price Index (CPI).In July 2024, child tax payments increased by 4.7 per cent, meaning the maximum benefit for children under six increased by $350, from $7,437 to $7,787. For children aged six to 17, it increased b...

Politics

Major Canadian sustainable fashion brand Frank and Oak has filed for creditor protection for the second time and is seeking relief from a significant debt totaling $71 million.The brand, which was founded in 2012 and is known for its eco-friendly approach to fashion, filed the applications just before the holidays. The retailer has been owned by New York-based Unified Commerce Group (UCG) since 2020, and first sought creditor protection that year due to pandemic-related financial challenges.As a result, the retailer shut down its dedicated women's store on Queen West in July 2020. Court documents reveal that the brand owes $71 million to creditors, including landlords and textile businesses. In court filings, the company says it is continuing to face obstacles associated with the effects of the pandemic, and is considering options to possibly restructure its business. The CEO of UCG, Dustin Jones, acknowledged these struggles in a letter to creditors in...

Economics

Ovechkin has goals in four of his last six games since recovering from a fractured tibia, and has scored 19 times in 24 outings this season.

Sport

Here's a round up of crime news from across B.C. on Jan. 8, 2025

Events

A handful of new hotels are planned that will add around 1,500 hotel rooms in downtown Vancouver over the next two years

Other

OTTAWA — Finance Minister Dominic LeBlanc says he will not run for the Liberal party leadership. The New Brunswick MP says in a statement that Canada is at “a critical juncture in its relationship with its most important ally and trading partner, the United States.” As a result, LeBlanc says he will keep his full attention […]

Politics

Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).The CRA revealed the federal tax brackets for 2025, adjusted for inflation. While federal tax rates are the same, the income thresholds for each bracket have shifted.In 2025, the indexation increase will be 2.7 per cent, which is lower than the 4.7 per cent bump in 2024, according to the agency.This is how much income tax you'll have to pay next year based on your bracket:Less than or up to $57,375 — 15 per centBetween $57,375 and $114,750 — 20.5 per centBetween $114,750 and $177,882 — 26 per centBetween $177,882 and $253,414 — 29 per cent$253,414 and over — 33 per centThis comes after the federal government proposed changes to the capital gains tax last June that would increase the inclusion rate from one-half to two-thirds for any Canadian or corporation that makes over $250,000 per year in capital gains. It would only impact a small port...

Economics

VANCOUVER, British Columbia, Jan. 08, 2025 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce operating results for the three months (“Q4”) and year ended (“Full Year”) December 31, 2024, an update on the Valentine Gold Mine (“Valentine”), located in Newfoundland & Labrador, Canada and initial […]

Sport

Here's a round up of crime news from across B.C. on Jan. 8, 2025

Events

New solutions expand Toshiba’s investments in innovation and highlight continued commitment to retailers and partners RESEARCH TRIANGLE PARK, N.C. — Toshiba Global Commerce Solutions launches new retail innovations at booth #3623 in time for NRF 2025, including new self-service solutions and point-of-sale (POS) hardware. Through advanced technology like AI, computer vision, and machine learning, Toshiba’s […]

Other

WASHINGTON (AP) — The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing claims from a coronavirus pandemic-era tax credit program and is slow to resolve certain identity theft cases, according to an independent watchdog report released Wednesday. “For the first time since I became the National Taxpayer Advocate in 2020, […]

Economics

KYIV, Ukraine (AP) — A Russian missile attack on the southern Ukraine city of Zaporizhzhia killed at least 13 civilians and injured dozens Wednesday, officials said. Footage posted on Ukrainian President Volodymyr Zelenskyy’s Telegram channel showed civilians lying in a city street littered with debris. They were being treated by emergency services. Zelenskyy and regional […]

Events

NEW YORK (AP) — At a particularly inopportune time for legacy media and CNN, the news outlet is on trial in Florida this week, accused of defaming a Navy veteran involved in rescuing endangered Afghans from that country when the U.S. ended its involvement there in 2021. The veteran, Zachary Young, blames CNN for destroying […]

Other

An Energy drink company allegedly manipulated return labels for online shipping so other companies including Bell and Shaw would be charged for postage for its product deliveries, according to a lawsuit in B.C. Supreme Court.

Economics

Tens of thousands have been evacuated in Los Angeles County, a popular destination for tourists visiting Disneyand or Hollywood.

Events

If you're a regular Toronto Public Library user, you'll have to start dishing out a few cents for basic services like printing and photocopying soon. Toronto Public Libraries began offering free printing and photocopying services as an interim solution following the Oct. 28, 2023 cyberattack that disrupted its computer system, technology over 100 branches, and shut down its website for months. The library previously revealed that the attack is believed to have exposed the social insurance numbers, addresses, and names of employees dating back to 1998. For months following the attack, users were not able to place a hold on books, use library computers, or access their accounts. "Service restoration, which has been a complex and detailed process involving enterprise-wide analysis and coordination, is nearing completion. Staff have worked tirelessly to restore all services as quickly as possible," a staff report released in February 2024 reads. "The comple...

Other

Division-leading Capitals have the top-ranked offence, seven players with double-digit goals, and Alex Ovechkin chasing Wayne Gretzky's record of 894 career goals.

Economics

Spend any time listening to Peter Yarrow, the folk musician who died Tuesday at 86 years old, and you’re bound to discover “Puff, the Magic Dragon” – a ballad performed by the trio Peter, Paul & Mary that has long been interpreted to be about marijuana use, even though Yarrow himself long insisted against the […]

Events

The Edmonton Oilers demolished the Boston Bruins 4-0 on Tuesday night, beating them with skill, skill and more skill. The Oilers had 22 Grade A shots to 13 for Boston, with the subset of 5-alarm shots seven to six for Edmonton. Most of Boston’s best shots came in garbage time, but Oilers goalie Stuart Skinner […]

Other

NANAIMO, B.C. — A group of collegiate basketball players in B.C. say they will not play a pair of games against another team in their division this weekend due to alleged verbal and physical mistreatment of a transgender teammate that they say has not been addressed. All 13 players on the conference-leading Vancouver Island University […]

Economics

Friday, Jan. 10 will mark three and a half years since Ivonne Saenz’ 24-year-old son Luis was fatally stabbed after leaving a house party in Vancouver.

Events

VANCOUVER, British Columbia & DALLAS — Alpha Cognition, Inc. (Nasdaq: ACOG) (“ACI” or the “Company”), a biopharmaceutical company developing novel therapeutics for debilitating neurodegenerative disorders, and China Medical System Holdings Limited (CMS) (867.HK), a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability in the People’s Republic of China, today announced […]

Economics

LAKE CITY, Colo. — Wildlife officials and several climbers rescued a bull elk by lowering it down a cliff after the animal became entangled in a rope at a popular ice climbing area in southwestern Colorado. Colorado Parks and Wildlife officials said a group of ice climbers in Lake City encountered the distressed elk Friday […]

Events

TORONTO — Cboe Canada Inc. (“Cboe Canada”) is excited to welcome healthcare company Light AI Inc. (“Light AI”) as they complete their public offering. The Vancouver-based company produces diagnostic software to detect bacterial and viral infections and is available for trading on the Cboe Canada exchange under the symbol ALGO. Light AI’s patented diagnostic software […]

Economics

Opinion: Vancouver treats most heritage buildings as 'inconveniences'.

Events

VANCOUVER, BC, Jan. 08, 2025 (GLOBE NEWSWIRE) — Carbon Done Right Developments Inc. (“Carbon Done Right” or the “Company”) (TSXV: KLX) (FSE: Q1C) a leading provider of high-quality carbon credits sourced exclusively from reforestation projects developed and owned by the Company, is pleased to announce the completion of the formal third party validation of the […]

Economics

NEW YORK — Lawyers for two former Georgia election workers who are owed $148 million in damages after suing Rudy Giuliani for defamation said Tuesday that evidence proves their clients are entitled to three World Series rings that the former New York City mayor says he gave to his son. The lawyers filed papers in […]

Economics