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S&P/TSX composite down nearly 100 points as tech stocks help lead the way lower

Published Wed, 26 Feb 2025 05:31:11 GMT

TORONTO — Canada’s main stock index was down nearly 100 points in late-morning trading to start the year on losses in the technology sector, while U.S. stock markets also fell.The S&P/TSX composite index was down 87.54 points at 20,870.90.In New York, the Dow Jones industrial average was down 19.75 points at 37,669.79. The S&P 500 index was down 31.36 points at 4,738.47, while the Nasdaq composite was down 226.45 points at 14,784.90.The Canadian dollar traded for 75.11 cents US compared with 75.61 cents US on Friday.The February crude oil contract was down 16 cents at US$71.49 per barrel and the February natural gas contract was up four cents at US$2.55 per mmBTU.The February gold contract was up US$1.20 at US$2,073.00 an ounce and the March copper contract was down less than a penny at US$3.89 a pound.This report by The Canadian Press was first published Jan. 2, 2024.Companies in this story: (TSX:GSPTSE, TSX:CADUSD) The Canadian Press

Singh urges solidarity, respect amid heightened fear in Jewish and Muslim communities

Published Wed, 26 Feb 2025 05:31:11 GMT

OTTAWA — Federal New Democrat Leader Jagmeet Singh says Canadians can and must do better as hate crimes increase during the Israel-Hamas war. Singh says in a year-end interview with The Canadian Press that there has to be space for people to express their fears, worries and political opinions without provoking hateful conduct. He says he’s recently spoken to Jewish and Muslim Canadians who have expressed concerns about their safety amid an uptick in hate-motivated violence and are worried about wearing religious symbols that are part of their identity. Singh says he was bullied as a kid for wearing a turban, and he knows how scary it can be to stay true to one’s beliefs in the face of hatred. He says Canadians need to create a place of respect for each other where people can be who they are. The heightened fear comes after Hamas militants killed an estimated 1,200 people in Israel on Oct. 7 and took about 240 more hostage, provoking an Israeli military response that loca...

Christmas tree collection begins Tuesday in Toronto, next week in Peel Region

Published Wed, 26 Feb 2025 05:31:11 GMT

The holidays are officially over and that means it’s time to take down the tree. In Toronto, Christmas trees will be collected on regularly scheduled garbage collection days from Jan. 2 until Jan 26.Those who are throwing them up must make sure all decorations, stands, nails and plastic bags are removed before setting out the tree.Residents who want to keep their Christmas trees up through Jan. will have to wait for yard waste collection in the spring or taken to a drop-off depot.Peel Region will start their collection of trees and wreaths next week. Trees taller than three metres or 10 feet must be cut in half. If you live in an apartment or condo, the region says to put your Christmas tree at the curb by the driveway entrance of your property and to make sure to not obstruct the road or sidewalk.

Hezbollah’s TV station says top Hamas official Saleh Arouri killed in Beirut blast

Published Wed, 26 Feb 2025 05:31:11 GMT

BEIRUT (AP) — The TV station of Lebanon’s Hezbollah group says top Hamas official Saleh Arouri was killed Tuesday in an explosion in a southern Beirut suburb.Arouri, one of the founders of Hamas’ military wing, had headed the group’s presence in the West Bank. Israel’s Prime Minister Benjamin Netanyahu had threatened to kill him even before the Hamas-Israel war began on Oct. 7.Israeli officials declined to comment.Lebanon’s state-run National News Agency said the blast killed four people and was carried out by an Israeli drone. THIS IS A BREAKING NEWS UPDATE. The following is AP’s earlier story.An explosion shook the Lebanese capital’s southern suburbs Tuesday evening causing chaos in the militant Hezbollah group’s stronghold, but the nature of the blast was not immediately known.It wasn’t clear if the explosion inflicted any casualties in the Beirut suburb but videos circulating on social media showed serious damage and fire. Th...

Tim Hortons reveals which three doughnuts will join Dutchie in returning to menu

Published Wed, 26 Feb 2025 05:31:11 GMT

Tim Hortons has revealed which three retro doughnuts will join the Dutchie in returning to its menu next week.The fast-food chain says the blueberry fritter, cinnamon sugar twist and walnut crunch will be back in stores for a limited time.The treats will be sold at Tims’ Canadian locations starting Jan. 10.Their return is meant to mark Tims’ 60th anniversary, which will arrive on May 17.Tims previously shared that its square-shaped, raisin speckled Dutchies will come back this year along with three other retro doughnuts it did not name.The company also plans to revive its omelette bites and introduce sweet chili chicken wraps and bowls to its menu.This report by The Canadian Press was first published Jan. 2, 2024.Companies in this story: (TSX:QSR)The Canadian Press

Air Canada ranks last for on-time performance in North America

Published Wed, 26 Feb 2025 05:31:11 GMT

A new report says Air Canada had the worst on-time performance among large airlines in North America in 2023.Aviation data firm Cirium says the country’s biggest carrier landed 63 per cent of its flights on time last year, placing it last among the continent’s 10 biggest airlines.The score was five percentage points below the second- and third-lowest carriers, JetBlue Airways and Frontier Airlines, respectively.Amounting to roughly 140,000 tardy planes last year, the figure also marked the poorest on-time percentage of the airlines listed in the report, which spanned Africa, Asia, Australia, Europe and the Middle East.WestJet placed seventh in North America with a score of 69 per cent, while Delta Air Lines came first at 85 per cent.Air Canada CEO Michael Rousseau acknowledged the company’s relatively low ranking after a wave of flight delays in June and July, pointing to a shortage of air traffic controllers, bad weather and a network running at full tilt amid hig...

Gunman breaks into Colorado Supreme Court building; intrusion unrelated to Trump case, police say

Published Wed, 26 Feb 2025 05:31:11 GMT

DENVER (AP) — A man leaving the scene of a car wreck Tuesday shot his way into the Colorado Supreme Court building and inflicted “extensive damage” to the building before being arrested by police, authorities said, adding the incident seems unrelated to the court’s recent ruling banning former President Donald Trump from the ballot.Colorado’s justices have received threats ever since they ruled 4-3 last month that a rarely-used constitutional provision barring from office those who “engaged in insurrection” applies to Trump. Authorities, however, said Tuesday’s incident appears unrelated to that case. Trump is expected to appeal that ruling to the U.S. Supreme Court later Tuesday.“The CSP and DPD are treating this incident seriously, but at this time, it is believed that this is not associated with previous threats to the Colorado Supreme Court Justices,” the Colorado State Patrol said in a statement said, using the acronyms for the state patrol and Denver Police D...

Donald Trump is expected to appeal the Colorado and Maine rulings banning him from primary ballots

Published Wed, 26 Feb 2025 05:31:11 GMT

Former President Donald Trump on Tuesday is expected to appeal rulings from Colorado and Maine that ban him from the states’ ballots, setting up a high-stakes showdown over a 155-year-old addition to the Constitution that bars from office those who “engaged in insurrection.”Trump would appeal the Colorado Supreme Court ruling to the U.S. Supreme Court and the decision by Maine’s Democratic secretary of state to that state’s Superior Court.It would mark the first time the nation’s highest court could rule on Section 3 of the 14th Amendment, two sentences added to the Constitution after the Civil War to prevent Confederates from returning to their former government offices. The clause says that anyone who swore an oath to support the Constitution and then “engaged in insurrection” against it is no longer eligible.The appeals come as tensions mount over rulings that could keep the 2024 Republican presidential front-runner off ballots, though both the Maine and Colorado ruli...

Czechia stuns Canada with late goal to advance in World Juniors quarterfinal

Published Wed, 26 Feb 2025 05:31:11 GMT

Jakub Stancl scored his second goal of the game with 11.7 seconds left in third period as Czechia survived a blown 2-0 lead to defeat Canada 3-2 and advance to the semifinals at the world junior hockey championship on Tuesday.Tomas Cibulka had the other goal for Czechia. Jakub Vondras got the win.Matthew Wood and Jake Furlong replied for Canada. Mathis Rousseau took the loss in his fifth straight start at the under-20 tournament.The North Americans carried the play for most of the final 40 minutes before Stancl fired a shot on goal in the dying seconds of regulation that deflected off the stick of Canadian defenceman Oliver Bonk — the son of former NHLer Radek Bonk — and beat a stunned Rousseau.Tuesday’s quarterfinal was a rematch of last year’s gold-medal matchup in Halifax, which Canada took 3-2 in overtime. Five members of that Czech team dressed Tuesday, while forward Owen Beck was Canada’s lone returnee.Canadian winger Matthew Savoie returned to the lineup Tuesday from a lower-...

Woman in toll road crash struck, killed by alleged intoxicated driver in Northwest Indiana

Published Wed, 26 Feb 2025 05:31:11 GMT

LAKE COUNTY, Ind. — A woman who was involved in a crash on the Indiana Toll Road was struck and killed by an alleged intoxicated driver on the expressway.Indiana State Police were dispatched to eastbound I-90, at the .9 mile marker near the state line, on the report of a multi-vehicle crash Friday at around 4:45 p.m.Following a preliminary investigation, police believe the a gray Nissan SUV may have hydroplaned and struck the concrete barrier that separates the east and westbound lanes.A driver in a white Lexus saw the crash, which blocked the left and center lanes, and pulled over. The woman in the SUV asked him to call 911 and began to walk across the roadway toward the Lexus.Police said a blue Ford F250 was traveling eastbound and approached the scene. The driver, Scott Schuch, 55, of Porter, allegedly made a sudden lane change and struck the woman. She died at the scene.Schuch's pickup truck then crashed into the Lexus. Two occupants suffered non life-threatening injuries. ‘Th...