2 h. ago Toronto plans to spend millions on FIFA 2026 tickets then sell them for more money

The City of Toronto appears to be trying a unique strategy to recoup some of the costs associated with hosting the 2026 FIFA World Cup.At a city hall meeting on Tuesday, councillors and mayor Olivia Chow discussed a plan to buy $10.7 million Canadian worth of tickets for next year's World Cup matches taking place at BMO Field, most of which are in luxury boxes and special hospitality packages.Though the City of Toronto owns the venue, FIFA controls the tickets for all matches. However, they've offered host cities the chance to purchase a select block of tickets before the general public to then resell them at higher costs.A city council motion lists that the purchase will be "fully funded by the Major Special Event Reserve Fund… with funds to be replenished to the reserve fund following the sale of hospitality packages."In other words, it'll help the city recoup some of the $380 million they're spending to be a co-host, including $123 million towards BMO Field's $146 million ...

Economics

3 h. ago Commissioner Gary Bettman says NHL and NHLPA will begin CBA talks in early April

NHL commissioner Gary Bettman said Wednesday the league and the Players’ Association will sit down to begin negotiations on a new collective bargaining agreement the week of April 1. Bettman and other league officials updated general managers on the situation at their annual spring meeting this week and got their thoughts on potential CBA changes […]

Society

3 h. ago Trump tells Zelenskyy U.S. should own Ukraine energy plants for security

Trump told Zelenskyy that the U.S could be 'very helpful in running those plants with its electricity and utility expertise,' according to a White House statement.

Events

4 h. ago European Stocks Edge Higher With Focus on Fed’s Rate Decision

European stocks gained for a fourth straight day as investors weighed progress on a potential ceasefire in Ukraine. Their focus will turn to the Federal Reserve’s interest-rate decision later today.

Economics

5 h. ago UBS client says his wife moved in with their wealth adviser. It got messy

(Bloomberg) — When Richard Kallman’s 26-year marriage failed, he arrived at a meeting to hash out the separation, expecting to see his wife and her lawyer. But instead, the couple’s new wealth manager from UBS Group AG showed up and demanded Kallman fork over $9 million. Almost two years later, that allegation is among several […]

Other

5 h. ago Poilievre Pledges Money, Fast Approvals for Canada’s Ring of Fire Mining Region

The head of Canada’s Conservative Party says a government led by him would aim to approve all federal permits for Ontario’s Ring of Fire minerals region within six months to speed the harvesting of chromite, cobalt, nickel, copper and platinum.

Events

8 h. ago Condo Smarts: Correction to operating budget requires special general meeting

Technical errors or omission of notice can happen

Culture

8 h. ago Ontario residents say they'd need to save staggering amounts to be independent

Ontario's high cost of living means that many residents in the province will need to dig deep to achieve financial independence in the years to come.Economic uncertainty in unprecedented times has Canadians worried about their savings, and many across the country feel they will need to save up sums to the tune of $1 million to feel secure.Findings from the latest RBC Financial Independence Poll were shared on Wednesday, revealing how the current economic climate is affecting Canadians' savings goals.The report found that Canadians estimate they will need approximately $846,437 to ensure their future financial independence, a number that soars much higher among Ontario residents.People residing in Canada's most populous province estimate they will need to save up an average of $916,714 to guarantee their financial independence.It's a sizeable sum, though not entirely surprising when considering the average home price in Ontario is around $834,000 as of February 2025.Despite Onta...

Other

9 h. ago Hudson's Bay stores in Canada could be transformed with huge redevelopments

A key hearing with the Ontario Superior Court of Justice was held on Monday, March 17 regarding the future of the Hudson's Bay Company.However, the judge presiding over the creditor protection and restructuring case did not make a decision over triggering the liquidation, instead opting for more time to process the information presented by the retailer, creditors, landlords and other stakeholders.At the time of writing, no decision by the court has been made, but it could come quickly at any time, perhaps later this week.Hudson's Bay has been unable to pay leases, vendors and loan obligations, and is just days away from missing payroll.Liquidation has been identified as the only major way for the company to secure the interim financing it needs, with the company potentially closing at least half of its 80 department stores. A full closure of all locations is also possible.Monday's meeting was the first since Hudson's Bay submitted its federal Companies' Creditors Arrangeme...

Sport

9 h. ago Gildan Announces Participation at the 28th Annual CIBC Retail and Consumer Conference in Toronto

MONTREAL, March 19, 2025 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) announced today that Glenn J. Chamandy, President & Chief Executive Officer; Luca Barile, Executive Vice-President and Chief Financial Officer; and Jessy Hayem, Senior Vice-President, Head of Investor Relations and Global Communications, will participate in a fireside chat and one-on-one meetings with […]

Culture

9 h. ago Choice Properties Real Estate Investment Trust Schedules First Quarter 2025 Results Release and Annual Meeting of Unitholders

TORONTO — Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting first quarter 2025 results on Wednesday, April 23, 2025, after-market hours. Management will host a conference call the next day on Thursday, April 24, 2025 at 9:00 AM (ET) with a simultaneous audio […]

Culture

9 h. ago Canada changing work permit rules for international students

Canada is changing rules surrounding work permit eligibility for international students once again.A new update allows more international students in Canada to meet the eligibility criteria for a post-graduation work permit (PGWP).Previously, Immigration, Refugees, and Citizenship Canada (IRCC) announced that the eligibility criteria for PGWPs were being changed. These changes, effective Nov. 1, 2024, meant that graduating students applying for a work permit would only be eligible if they graduated from a list of approved programs.Now, IRCC has changed those requirements.In a recent update, the IRCC stated that graduates from university bachelor's, master's, and doctoral degree programs no longer have to meet the field-of-study requirement. Removing these restrictions makes it easier for students to apply for a work permit upon graduating.These changes significantly impact graduates applying for a work permit after Nov. 1, 2024.In an email statement, an IRCC representative stated, "...

Society

10 h. ago Blackline Safety Announces 2025 Voting Results from Shareholders Meeting and Appointment of New Lead Director

CALGARY, Canada — Blackline Safety Corp. (“Blackline” or the “Company“) (TSX: BLN), a global leader in connected safety technology, held its annual and special meeting (the “Meeting“) of shareholders on March 18, 2025. Cheemin Bo-Linn, the lead independent director of Blackline, did not stand for re-election at the Meeting and has retired as a director […]

Other

11 h. ago Toronto pledges action on coyotes after incidents in Fort York, Liberty Village areas

The City of Toronto is pledging to take action on coyotes after receiving recommendations on how to handle recent "unusually bold" animal encounters in two communities.

Other

12 h. ago Oil Titans Uneasy Over Tariffs and Crude Prices Meet With Trump

The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they meet with President Donald Trump on Wednesday.

Economics

15 h. ago Surprise Meeting in Qatar Spurs Rwanda, Congo Ceasefire Pledge

The presidents of Democratic Republic of Congo and Rwanda, which is backing a rebel siege in the eastern flank of its neighbor, pledged to ease tensions following a surprise meeting in Qatar.

Events

20 h. ago Putin Spurns Ukraine Ceasefire in Talks But Trump Calls It a Win

President Vladimir Putin refused to give Donald Trump the 30-day ceasefire in Ukraine he and his team had demanded on the path toward ending the three-year conflict. It was still good enough for the US president.

Events

20 h. ago Request for London to take more of Arva's sewage spurs annexation talk

Middlesex Centre is asking London for a favour that would allow more housing in Arva but it may not like the answer. Instead of saying yes to the request for London to take more of Arva’s sewage, the chair of city council’s planning and environment community said he thinks the community could be better off […]

Other

21 h. ago Alberta Premier Danielle Smith defends $4.8M office budget increase

Premier Danielle Smith appeared at a legislative committee meeting Tuesday to take budgetary questions from Opposition NDP members.

Economics

21 h. ago Prime Minister Mark Carney set to host meeting with Canada’s premiers Friday

OTTAWA — Prime Minister Mark Carney is hosting a meeting with Canada’s premiers on Friday. The prime minister’s office and the office of Ontario Premier Doug Ford confirmed details of the meeting. It comes as Carney is widely expected to call an election within just days or weeks. He was in Iqaluit Tuesday in a […]

Politics