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CRA fires 232 people for falsely claiming $2,000 monthly pandemic benefit

CRA fires 232 people for falsely claiming $2,000 monthly pandemic benefit

OTTAWA — The Canada Revenue Agency has now fired more than 200 people for falsely claiming a federal income benefit during the COVID-19 pandemic.
Ontario deficit ballooning to $9.8B next year amid slow economic growth

Ontario deficit ballooning to $9.8B next year amid slow economic growth

TORONTO — Ontario is delaying its path to balance as lethargic economic growth drags the province's books further into the red, with a $9.8-billion budget deficit projected for the coming fiscal year.
Ontario drivers could soon opt for less auto insurance coverage

Ontario drivers could soon opt for less auto insurance coverage

TORONTO — Ontario drivers could soon cut their insurance costs by opting for less coverage, under reforms proposed in the provincial budget tabled Tuesday.
Raptors reeling after gambling allegations against backup centre Jontay Porter

Raptors reeling after gambling allegations against backup centre Jontay Porter

TORONTO — The Toronto Raptors were still largely in the dark a day after it was confirmed that the NBA was investigating backup centre Jontay Porter for gambling irregularities.
Four Canadian men held in Syria ask Supreme Court to revisit request for hearing

Four Canadian men held in Syria ask Supreme Court to revisit request for hearing

OTTAWA — Four Canadian men detained in Syria are asking the Supreme Court of Canada to reconsider pleas for a hearing that could open the door to their freedom.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,912.52, down 29.76 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up eight cents, or 0.10 per cent, to $81.04 on 16.
Economists defend Liberals' carbon price as political rhetoric heats up

Economists defend Liberals' carbon price as political rhetoric heats up

OTTAWA — Dozens of Canadian economists issued an ardent defence of Canada's price on pollution Tuesday, as the government faces increased pressure from the Conservatives and provincial premiers to cancel a planned increase to the levy.
Ontario home construction levels up, but still far off pace for 1.5M target

Ontario home construction levels up, but still far off pace for 1.5M target

TORONTO — The pace of new home construction is picking up in Ontario, though it is still far off the levels needed for the government to achieve its pledge to build 1.5 million homes by 2031, the budget released Tuesday shows.

Smith Financial looks to merge portfolio companies Fairstone Bank and Home Trust

TORONTO — Smith Financial Corp. is merging a pair of its portfolio companies in a move it says will create the leading alternative lender in Canada.
S&P/TSX composite ticks lower Tuesday, U.S. markets also take a dip

S&P/TSX composite ticks lower Tuesday, U.S. markets also take a dip

TORONTO — Canada's main stock index was down almost 30 points Tuesday, led by weakness in energy and base metals, while U.S. markets also moved into the red after drifting higher for most of the day. A late-day drop for Nvidia dragged U.S.
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