Ontario News

TORONTO — Sun Life Financial Inc.'s share price was under pressure Thursday after the insurance giant reported a big earnings miss driven by various factors including claims headwinds in its U.S. division.

OTTAWA — Conservative Leader Pierre Poilievre's pledge to boost Arctic security through a "massive" cut to Canada's foreign aid budget has led to renewed attacks from his political opponents, who are accusing him of borrowing policy from U.S.

OTTAWA — Two Nova Scotia men are asking the Federal Court to declare the current suspension of Parliament illegal because there must be a "reasonable justification" for hitting the pause button.

TORONTO — A running list of election promises announced by the Ontario Progressive Conservatives, NDP, Liberals and Greens in the province's snap election campaign. The vote is set for Feb. 27. Progressive Conservatives Feb.

TORONTO — Canadian Tire Corp. Ltd.'s CEO says consumers have started to ease up on the frugality they adopted to cope with the economic slowdown, but that progress has likely been "substantially erased" by tariff threats.

TORONTO — A group of major U.S. media companies and the owner of the Toronto Star are suing artificial intelligence firm Cohere over copyright infringement.

OTTAWA — Rival Liberal leadership candidates Mark Carney and Chrystia Freeland issued duelling policy pledges on Thursday, with one candidate vowing to speeding up home building and the other promising to bring doctors back to Canada.

TORONTO — Cineplex Inc. says it has sold its digital rentals business to a subsidiary of CosmoBlue Media for "nominal proceeds.

TORONTO — Sun Life Financial Inc. says it earned $237 million in its fourth quarter. That's down from $749 million a year earlier. The insurance company says diluted earnings per share were 41 cents, down from $1.28 during the fourth quarter of 2023.

TORONTO — Brookfield Corp. reported a net income attributable to shareholders of US$432 million for its fourth quarter, down from US$699 million a year earlier. The company, which keeps its books in U.S.