County Ontario Financial News

With both the federal NDP and B.C.’s NDP government backing away from support for the carbon tax, it is time to pronounce the tax politically dead in Canada, with precise funeral arrangements to be made after the next federal election. Conservative governments across Canada have long opposed a carbon tax, and federal leader Pierre Poilievre is anxious to fight the next election on the issue. But now even Liberal support is flagging, with Newfoundland’s Liberal government attacking the tax as too costly for households. The federal Liberals themselves acknowledged the tax was a problem when they provided a carve-out for home heating oil, which is heavily used in Atlantic Canada.

Rob Kennedy tried something different after a 40-year career in Ontario’s auto sector: he headed back to the classroom.

The record-breaking Lotto Max jackpot worth $80 million was split between two winning tickets — one sold in Ontario and one sold in Quebec, the OLG said.

Air Canada and the union representing its pilots have come to terms on a labor agreement that is likely to prevent a shutdown of Canada’s largest airline

Canada’s largest airline and business leaders are urging the federal government to intervene in labor talks with its pilots in hopes of avoiding a shutdown

Four months out from an unprecedented split between the regulators for accountants in Ontario and Quebec and their national counterpart, CPA Canada is pitching a new, separate membership to accountants in the departing provinces.

With fewer Canadians working from home full-time, the “era of shorter commuting times has come to an end,” according to Statistics Canada.

The activist who took over a referendum campaign for Khalistan independence from slain Sikh temple leader Hardeep Singh Nijjar said police have warned him his life is in danger.

By Julie Cazzin with Ed Olkovich

fake roof signs that have recently been reported in several cities.In a statement on Wednesday, the group said that there has been a rash of scams and cons involving fake taxis, mostly in Ontario, where a team of two people pretends to be a distressed passenger and taxi driver.The group said such incidents were reported by police in Toronto, Sarnia, Sudbury and Ottawa.“I wouldn’t call it on the rise, but it’s very prevalent,” said Canadian Taxi Association president Marc Andre Way in an interview with Global News.“It seems to be moving from one city to the other.”Way said the CTA suspects it might be the same group moving from city to city, but they’re not sure.The scam involves a fake passenger approaching a passerby and saying their taxi driver will not take cash, which Way said is a red flag.Drivers not only accept cash, but often prefer cash,” he said.The fraudster then offers to give cash to the targeted victim in exchange for using their debit or credit card.“The scammer posing as the taxi driver then swipes the card and steals the target’s Personal Identification Number (PIN), later to drain their bank account or fraudulently use their credit card,” the CTA said in its release.In Sarnia, at least 12 such incidents were reported last month, resulting in individual losses ranging from $980 to $9,900, according to police.The Ottawa Police Service also said in a statement on Monday that it has recently received several complaints concerning people being defrauded after offering assistance in paying with their personal credit or bank card for a taxi or Uber fare.The CTA said it has taken up the issue of the generic “Taxi” signs with Amazon, requesting the company in a letter to stop selling them online as they are

eSentire are exploring options including a potential sale that could value the cybersecurity company at about $1 billion, including debt, according to people familiar with the matter. ESentire — which is owned by investment firms Warburg Pincus, Caisse de depot et placement du Quebec (CDPQ) and Georgian — is working with investment bank Evercore on a sale process that could attract interest from other private equity firms, the sources said, requesting anonymity as the discussions are confidential. Waterloo, Ontario-based eSentire's owners are hoping to command a valuation for the company equivalent to more than 7 times its annual recurring revenue of about $150 million, the sources said, cautioning that no deal is guaranteed.

The former chief financial officer for Royal Bank of Canada is suing the bank for almost $50 million over claims of wrongful dismissal.

Recession fears are never far away these days, as shown by last week’s market turbulence.

Royal Bank of Canada’s former chief financial officer is suing for wrongful dismissal, arguing the bank made a “devastating” error when it fired her over a personal relationship with a co-worker — and denying that the two were romantic partners.

WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities

The Canadian government says it has completed negotiations with the United States on an agreement that would allow the use of U.S. space launch technology, expertise and data for space launches in Canada

Two years and multiple housing laws since the Ford government promised to build 1.5 million new homes in a decade to solve Ontario’s housing crisis, key indicators suggest home construction is grinding to a trickle.

The stench of social media posts on TikTok and Facebook has become too much to ignore for the mayor of a popular beach town, who has released a lengthy statement denouncing talk of people pooping in the sand “that lack evidence and promote misinformation.”

Lucy-Bleu Knight, his stepdaughter. She was twenty-five years old. He announced to his four million Instagram followers that Knight had died on July 19 in Los Angeles. Meegan Hodges, Slash's girlfriend, and Mark Knight, her ex-partner, were the parents of Knight, as per the reports of MSN.

When a couple separates, myriad financial issues inevitably arise. Chief among them is what to do with a jointly owned home. For the separated couple, continued joint ownership of the home is, almost always, unrealistic. Two options remain: one spouse can buy out the other’s interest in the home or the home can be sold.

Canada’s auto theft problem might be showing signs of easing, but drivers are likely to continue feeling the pinch on their insurance premiums, experts tell Global News.