59 m. ago Firm Capital Property Trust Announces Closing of Previously Announced Sale of Its 50% Interest in a 159,470 Square Foot Industrial Building Located in Montreal for $27.9 Million

TORONTO, May 08, 2025 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX : FCD.UN) is pleased to announce that it has closed the previously announced sale within its Montreal Industrial Portfolio Joint Venture (“Montreal Industrial JV”) of a 100% interest in a single tenant, 159,470 square foot industrial facility for gross […]

Economics

71 m. ago Braid: Former UCP minister Peter Guthrie says separatism campaign could severely damage economy

About 700 companies left Quebec during the rule of the separatist Parti Quebecois, most fleeing to Toronto

Politics

1 hour ago S&P/TSX composite up nearly 100 points, with energy leading the way

TORONTO — Canada’s main stock index closed up nearly 100 points on Thursday, with energy leading the way as some of the country’s biggest oil names reported stronger-than-expected quarterly earnings. The S&P/TSX composite index was up 92.88 points at 25,254.06. Alongside the energy subindex, industrials, telecom and base metals also saw healthy gains. Oilsands heavyweights […]

Other

2 h. ago Canadian officer fined $3,000 for derogatory comment about British general

Rob Kearney, a retired colonel, pleaded guilty to making the comment during a NATO command post exercise in 2023.

Economics

2 h. ago Chris Selley: A perfectly typical tunnel is just too much for Toronto’s puny imagination

The 50-kilometre Channel Tunnel connecting England and France took six-and-a-half years to build. In Toronto, 250 metres is a 'generational project'

Economics

2 h. ago Oilsands giant CNRL pays down debt, trims 2025 capital budget amid Trump

Despite uncertainty weighing on oil prices, CNRL and its peers helped Alberta break another seasonal oil production record

Economics

2 h. ago Toronto's sketchiest condo complex put on blast for reputation in new lawsuit

Sure, downtown Toronto condos may be known as shoddily built and too poorly-designed to be very livable, but one complex undoubtedly takes the cake when it comes to bad reputations, and it's only getting worse.The ICE Condos complex has for years held the title of the sketchiest of its kind in the city, being the site of everything from shootings and balcony fires to garbage-filled stairways and bloody elevators that stall.A notorious ghost hotel from the outset due to the Airbnb-friendly nature of its units, the two-tower, Scotiabank Arena-adjacent development at 12-14 York Street has built up quite the lore in its 11 years of existence.The latest addition to the infamy is a lawsuit that gives a glimpse into how bonkers the goings-on at ICE really are; not the countless headline-worthy incidents, but the politics that take place behind closed doors.A recent decision by the Condominium Authority Tribunal shows that ICE board...

Other

2 h. ago Opinion: Helping those with heart failure centres on one word – hope

Opinion: In 2022, more than 137,000 B.C. residents were living with diagnosed heart failure, up 20 per cent from just five years earlier. There is hope — in new research and policies

Culture

3 h. ago CRIME SCENE: Man, 24, accused of online extortion of Alberta youth faces child porn charges

A 24-year-old Toronto man is facing child porn charges after allegedly extorting a rural Alberta youth. Mounties in Alberta said they started investigating in December 2024 after receiving reports that a child from Oyen, a town about 190 km north of Medicine Hat near the Saskatchewan border, was allegedly victimized online. Investigators retrieved information linked […]

Events

3 h. ago Average asking rents down annually for seventh straight month at $2,127: report

TORONTO — The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8 per cent. The latest data from Rentals.ca and Urbanation says despite asking rents remaining comparatively lower than 2024 so far this year, April saw a month-over-month increase of 0.4 per cent […]

Economics

4 h. ago Japanese diplomats challenged to find G7 accommodation in busy southern Alberta

Finding enough rooms at the inn is proving no mean feat for Japanese government officials set to attend the G7 Leaders’ Summit in Kananaskis next month. The Asian country’s foreign affairs staff are almost certainly not alone in scrambling to find suitable lodging in a Calgary region that’ll also be hosting about 20,000 Rotary International […]

Politics

5 h. ago Stop Running Education Into the Ground: Education Coalition Demands Urgent Action From Doug Ford on Public Schools

TORONTO, May 08, 2025 (GLOBE NEWSWIRE) — Today, the Fund Our Schools Campaign held a press conference demanding that the Ford government stop the masking of invisible cuts to public education. Representatives from education unions across Toronto detailed the worsening conditions in Ontario schools, calling for an end to the diversion of school takeovers and […]

Society

5 h. ago Little things mean a lot to Maple Leafs in building a series lead over Panthers

Big wins are built from a lot of little plays. The Maple Leafs certainly have discovered that in the course of their first eight playoff games. Upon further review of taking a 2-0 lead Wednesday against the defending Stanley Cup champion Florida Panthers, salient solo moments came to light, in particular sacrifices by the defence. […]

Other

5 h. ago Tim Hortons parent Restaurant Brands sees weaker spending as consumer confidence dips

TORONTO — A dip in consumer confidence and broader uncertainty in the economy helped drive down first-quarter profits at Restaurant Brands International Inc., its chief executive said. “Through the first few months of 2025, we’ve been navigating a highly dynamic macro backdrop, one that’s evolving differently across each of our key markets,” Josh Kobza told […]

Other

5 h. ago Cenovus Energy shares jump after it ups dividend, beats on Q1 earnings

CALGARY — Shares in oil producer Cenovus Energy Inc. jumped almost 10 per cent Thursday after it reported quarterly profits that beat market expectations, upped its shareholder payout and sought to reassure investors it can withstand oil prices much weaker than they are today. The stock was trading at $17.90 on the Toronto Stock Exchange […]

Other

5 h. ago SIMMONS: Craig Berube has built Maple Leafs into true Stanley Cup contender

Craig Berube has pushed all the right buttons in his first year coaching the Maple Leafs.

Other

6 h. ago Maple Leafs think they haven’t seen Sergei Bobrovsky’s best yet

Sergei Bobrovsky isn’t playing like a future Hall of Famer. Whether the Florida Panthers goaltender eventually winds up with his own plaque in hockey’s shrine probably isn’t up for much debate. His resume includes a Stanley Cup, two Vezina Trophies and a gold medal with Russia at the 2014 world championship. It’s what has happened […]

Other

6 h. ago Giant tulip giveaway in Toronto will have 40,000 free blooms

It's flower power time! Toronto Tulip Day is rolling around the corner, and this year, there are literally thousands of free tulips up for grabs.Head down to Nathan Phillips Square on Saturday, May 10 to pick up some beautiful spring bouquets of tulips. Some 40,000 (yes, you read that right) tulips will be given away to residents, until supplies last. Hosted by the Netherlands consulate, Toronto Tulip Day honours the liberation of the Netherlands by Canadian troops during the Second World War. The country is known for its breathtaking tulip blooms, which draw thousands of tourists throughout the spring season.This year marks a special anniversary, too, commemorating 80 years of liberation."2025 marks the 80th anniversary of the liberation of the Netherlands — a victory secured thanks to the courage, sacrifice and dedication of Canadian men and women" reads a post from NLIN Canada, the embassy network of the Kingdom of the Netherlands...

Other

6 h. ago Leafs rolling with Joseph Woll in goal, Anthony Stolarz unable to travel to Florida

Starting goalie Anthony Stolarz wasn't on the team's charter plane to Florida on Thursday

Other

6 h. ago CN Rail hub set to proceed after Supreme Court dismisses appeal request

OTTAWA — The Supreme Court of Canada has dismissed an appeal request that sought to halt construction of a massive rail-and-truck hub in the Greater Toronto Area, paving the way for the project to proceed. The justices gave no reasons for their decision, as is typical when parties ask permission to appeal to the top […]

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