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S&P/TSX composite index down in late-morning trading, U.S. stock markets mixed

S&P/TSX composite index down in late-morning trading, U.S. stock markets mixed

TORONTO — Canada's main stock index fell in late-morning trading, weighed down by losses in the base metal and energy stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was down 54.30 points at 25,356.05.
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Ford says Ontario will push back on Trump tariff threat, urges Trudeau to take action

Ford says Ontario will push back on Trump tariff threat, urges Trudeau to take action

TORONTO — Ontario Premier Doug Ford is calling on the prime minister to take a threat from U.S. president-elect Donald Trump on tariffs seriously, but he says he is also planning action of his own.
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CI Financial signs $4.7B deal to be taken private by Mubadala Capital

CI Financial signs $4.7B deal to be taken private by Mubadala Capital

TORONTO — Another Canadian company is going private after a sovereign wealth fund of the United Arab Emirates reached a $4.7-billion deal to buy CI Financial Corp.
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Allowing a period of price declines would be ‘painful’ for Canadians: BoC official

Allowing a period of price declines would be ‘painful’ for Canadians: BoC official

OTTAWA — Bank of Canada deputy governor Rhys Mendes says allowing for a period of price declines may sound tempting, but it would ultimately be more painful for Canadians.
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Couche-Tard confident in persistent but friendly approach to bid for 7-Eleven owner

Couche-Tard confident in persistent but friendly approach to bid for 7-Eleven owner

Alimentation Couche-Tard Inc.'s chief executive says the company is taking a "persistent" but "friendly" approach with the Japanese owner of the 7-Eleven convenience store chain it's trying to acquire.
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Israel ramps up strikes on Beirut as its leadership prepares to vote on ceasefire with Hezbollah

Israel ramps up strikes on Beirut as its leadership prepares to vote on ceasefire with Hezbollah

BEIRUT (AP) — Israeli warplanes struck central Beirut and the city's southern suburbs on Tuesday, raising smoke over the Lebanese capital ahead of a planned vote by Israel's leadership on whether to accept a U.S.
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Former Tiger-Cats player, general manager Joe Zuger dead at 84

Former Tiger-Cats player, general manager Joe Zuger dead at 84

Joe Zuger, a former player and general manager for the Hamilton Tiger-Cats who threw a record eight touchdown passes in his CFL debut, had died. He was 84. The team announced his death in a news release Monday night. Zuger, from Homestead, Pa.
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Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

MEXICO CITY (AP) — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S.
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Victims' families deliver emotional statements at Paul Bernardo's parole hearing

Victims' families deliver emotional statements at Paul Bernardo's parole hearing

Family members of two teenage girls who were tortured and murdered by Paul Bernardo are asking the Parole Board of Canada to keep the notorious killer behind bars in their emotional victim impact statements.
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Trudeau, premiers to meet Wednesday after Trump trade threat

Trudeau, premiers to meet Wednesday after Trump trade threat

OTTAWA — Prime Minister Justin Trudeau and the country's premiers will hold an emergency meeting on Wednesday to discuss the threat of steep new U.S. tariffs. The meeting will be held virtually at 5 p.m., the Prime Minister's Office said.
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