Ontario News

TORONTO — Canadian Tire Corp. Ltd.'s CEO says consumers have started to ease up on the frugality they adopted to cope with the economic slowdown, but that progress has likely been "substantially erased" by tariff threats.

TORONTO — A group of major U.S. media companies and the owner of the Toronto Star are suing artificial intelligence firm Cohere over copyright infringement.

OTTAWA — Rival Liberal leadership candidates Mark Carney and Chrystia Freeland issued duelling policy pledges on Thursday, with one candidate vowing to speeding up home building and the other promising to bring doctors back to Canada.

TORONTO — Cineplex Inc. says it has sold its digital rentals business to a subsidiary of CosmoBlue Media for "nominal proceeds.

TORONTO — Sun Life Financial Inc. says it earned $237 million in its fourth quarter. That's down from $749 million a year earlier. The insurance company says diluted earnings per share were 41 cents, down from $1.28 during the fourth quarter of 2023.

TORONTO — Brookfield Corp. reported a net income attributable to shareholders of US$432 million for its fourth quarter, down from US$699 million a year earlier. The company, which keeps its books in U.S.

OTTAWA — Liberal MP Karina Gould said she would work toward establishing a basic personal income if she wins the party's leadership race next month. Gould spoke about the policy at Fredericton's food bank Thursday morning.

OTTAWA — A report by the Canadian Federation of Independent Business says 18 per cent of small- and medium-sized businesses are seeing cancelled or paused orders due to the ongoing trade uncertainty with the United States.

OTTAWA — Foreign Affairs Minister Mélanie Joly is travelling to Europe today. The minister will be in Europe until Feb.

Here's where the leaders of Ontario’s main political parties are on Thursday, Feb. 13: Progressive Conservative Leader Doug Ford No public events scheduled.