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RBC raises competition concerns as it strikes deal to buy HSBC Canada for $13.5B

RBC raises competition concerns as it strikes deal to buy HSBC Canada for $13.5B

TORONTO — Royal Bank of Canada has struck a deal to pay $13.5 billion in cash to swallow up HSBC Bank Canada, the seventh largest bank in the country by assets and — since the Big Six banks are largely untouchable — the biggest takeover prize around.
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Integrity commissioner asked to investigate Ford's Greenbelt development plan

Integrity commissioner asked to investigate Ford's Greenbelt development plan

TORONTO — Ontario's integrity commissioner is being asked to investigate whether Premier Doug Ford's plan to open parts of the protected Greenbelt for development broke any ethics rules.
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Western University revokes COVID-19 vaccine mandate, keeps masking requirement

LONDON, Ont. — Western University says it will no longer require students, staff and visitors to be vaccinated against COVID-19. The London, Ont.
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Ornge sees rise in child patient transfers as pediatric hospitals under pressure

Ornge sees rise in child patient transfers as pediatric hospitals under pressure

Ontario's air ambulance service says it's seeing an increase in the number of children it transports, with a higher number of those transfers due to respiratory illnesses.
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Toronto's Pearson Airport adopts new landing procedures to lower noise, emissions

Toronto's Pearson Airport adopts new landing procedures to lower noise, emissions

TORONTO — Canada's largest airport is adopting new landing procedures in order to reduce greenhouse gas emissions and noise caused by descending planes.
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75% of U.S. owners of Cdn. rec properties bought after foreign buyer ban: survey

TORONTO — A new report from Royal LePage shows 75 per cent of U.S. citizens living in border towns and owning recreational properties in Canada made their purchase after the federal government announced its forthcoming foreign buyer ban.
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Canadian home prices expected to fall 3.3% in 2023: Re/Max report

Canadian home prices expected to fall 3.3% in 2023: Re/Max report

TORONTO — A new report predicts average home sale prices in Canada will fall 3.3 per cent next year with the biggest declines expected in Ontario and Western Canada where some markets may see prices fall 10 to 15 per cent.
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Elle-Máijá Tailfeathers on challenge of portraying an Indigenous cop on 'Three Pines'

Elle-Máijá Tailfeathers on challenge of portraying an Indigenous cop on 'Three Pines'

TORONTO — Prime Video’s book-to-screen adaptation of Louise Penny’s beloved Quebec-set detective novels does more than just update the source material, it spotlights Indigenous stories in a whole new way, says co-star Elle-Máijá Tailfeathers.
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Canadians relied on credit more in Q3 as inflation persisted

Canadians relied on credit more in Q3 as inflation persisted

TORONTO — New data from TransUnion shows Canadians leaned on credit cards and other forms of debt more in the third quarter as high inflation persisted. TransUnion says 27.9 million Canadians held a combined outstanding balance of $2.
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Scotiabank reports Q4 profit down as one-time charges offset global banking growth

Scotiabank reports Q4 profit down as one-time charges offset global banking growth

TORONTO — Scotiabank kicked off bank earnings with results that showed earnings growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges.
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