After UN chief calls out ‘scandalous’ profits, Ottawa offers no plan to hike taxes on oil and gas industry

Canada’s Ministry of Finance says it’s aiming to make everyone pay “their fair share of tax” but is not committing to an elevated tax on energy companies who are reporting sizeable windfalls while consumers feel pinched at the gas pumps. The ministry’s statement comes on the heels of United Nations Secretary General Antonio Guterres sharply criticizing the world’s energy companies […]

Ontario’s 7th wave of COVID-19 has peaked, says top doctor

The seventh wave of COVID-19 in Ontario has peaked, the province’s chief medical officer of health said Friday. Dr. Kieran Moore said in an interview that key indicators are peaking or already trending downward. “I think we’ve already started on the downswing,” he said. “It’s always easier to look back and say where we were, but from our vantage point […]

‘Far from the finish line’: 44% of flights from Pearson airport left on time last week

One week after Toronto’s Pearson International Airport earned the title of the world’s worst airport for flight delays, the Greater Toronto Airports Authority (GTAA) says the travel hub is taking steps to rehabilitate its reputation. During the first week of August, 44 per cent of flights departed on time, according to the GTAA. That’s up from an average of 35 […]

Amazon sucks up Roomba-maker iRobot for $1.7B

Amazon on Friday announced it has entered into an agreement to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion. It’s a move that will allow Amazon to scoop up another company to add to its collection of smart home appliances amid broader concerns about its market power. iRobot sells its products worldwide and is most famous for the […]

Ontario regulatory colleges have 2 weeks to find ways to register foreign-trained nurses, doctors faster

Ontario’s health minister has directed regulatory colleges for nurses and doctors to develop plans to more quickly register internationally educated professionals, a move nursing groups and critics say falls short of the premier’s promise to do everything in his power to address an emergency room staffing crisis. Sylvia Jones sent directives Thursday to the College of Nurses of Ontario and […]

Cannabis giant Canopy Growth posts $2B quarterly loss

Canopy Growth Corp. executives argued the company is advancing toward profitability, even as it booked a $1.72 billion non-cash writedown that contributed to a net loss of more than $2 billion during its most recent quarter. “Maybe our aspirations have changed over the last several years, but we believe that we can get ourselves, with the right focus in the […]

Ontario health care unions call on Ford to take ‘immediate steps, like yesterday’ to solve staffing shortages

Ontario nurses are past their breaking point, burnt out and left believing there’s no hope for change — that’s the message from the Ontario Nurses’ Association, which is calling on the Ford government to take “immediate steps” to keep the province’s nurses on board and bring in new ones. “Immediate steps, like yesterday,” said Cathryn Hoy, president of the Ontario […]