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Mark Carney to be sworn in as Canada's 24th prime minister Friday

Mark Carney to be sworn in as Canada's 24th prime minister Friday

OTTAWA — Mark Carney will be sworn in as Canada's 24th prime minister at a ceremony at Rideau Hall Friday after the formal resignation of Justin Trudeau. Gov. Gen.
Algoma Steel reports $66.5-million loss in last quarter of 2024

Algoma Steel reports $66.5-million loss in last quarter of 2024

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. reported a net loss of $66.5 million in its third and final quarter last year, compared with a loss of $84.8 million a year earlier. The Sault Ste. Marie, Ont.
From tallboys to houses, latest aluminum and steel tariffs driving up costs

From tallboys to houses, latest aluminum and steel tariffs driving up costs

More pain is on tap for craft breweries, homebuilders and manufacturers as U.S. tariffs on imported aluminum — and the counter-levies Canada is lobbing back — drive up costs.
Road-weary Leafs back home with new faces — and new questions about Marner's future

Road-weary Leafs back home with new faces — and new questions about Marner's future

TORONTO — Craig Berube wanted to get to know Mitch Marner. The Toronto Maple Leafs head coach met with the team's star winger — a fan snapped a picture and posted the encounter to social media — shortly after he was hired last spring.
Canada to impose 25% tariffs on $29.8B in U.S. goods starting Thursday

Canada to impose 25% tariffs on $29.8B in U.S. goods starting Thursday

OTTAWA — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for steel and aluminum tariffs the administration of U.S. President Donald Trump imposed Wednesday.
TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

TORONTO — Canada's main stock index rose Wednesday while U.S. markets were mixed, after 25 per cent tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.
U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut

U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.
Toronto woman pleads guilty to negligence in dog attack that seriously injured child

Toronto woman pleads guilty to negligence in dog attack that seriously injured child

TORONTO — A Toronto woman who faced multiple charges in a dog attack that seriously injured a child has pleaded guilty to some of them, including a criminal charge of negligence.
Ford talks to Carney, premiers ahead of trade meeting in Washington

Ford talks to Carney, premiers ahead of trade meeting in Washington

TORONTO — Ontario Premier Doug Ford and federal Finance Minister Dominic LeBlanc suggested Wednesday they want to come out of a meeting with a top U.S. official with a "coherent plan" for the tariff road ahead.
Newcomers Daniel Jebbison, Promise David make Canada's CONCACAF Nations League roster

Newcomers Daniel Jebbison, Promise David make Canada's CONCACAF Nations League roster

Jesse Marsch lists off players who didn't make Canada's roster for the CONCACAF Nations League Finals, citing Nathan Saliba, Theo Bair, Kamal Miller and Jayden Nelson. "The good thing is this is the hardest squad that I've had to put together.