Replacing Phoenix pay system cheaper than fixing its mess will be, PBO reports

OTTAWA — The cost of building and putting in place a new pay system for federal civil servants should pale in comparison to the...

North American stocks up in late-morning trading, loonie trades up

TORONTO — The industrials and technology sectors helped lift Canada's main stock index higher in late-morning trading as U.S. stock markets also edged higher. The S&P/TSX...
cpp pension

CPP Investment Board posts 8.9% return for 2018-19, adds $35.9B to assets

TORONTO — Canada Pension Plan Investment Board recovered from a weak quarter in late 2018 to produce a solid 8.9 per cent net return...

Energy stocks lead Toronto market higher as North American stocks bounce back

TORONTO — Energy stocks helped boost Canada's main stock index higher in late-morning trading as North American stocks bounced back after taking a hit...
OPP

Ontario government cuts $46M from provincial police budget

TORONTO — Ontario is planning to cut about $46 million this year from the provincial police budget. The Progressive Conservative government's expenditure estimates for this...

North American stock markets tumble as U.S.-China trade war escalates

TORONTO — North American stock markets fell in late-morning trading as the trade war between the U.S. and China escalated. The S&P/TSX composite index was...

Roll out of higher CPP costs expected to affect HR budgets for wages, benefits

TORONTO — It may not happen this year, or next year, or even the year after that. But sometime between now and 2025, Canadian employers...

Loonie up after record jobs report, stocks down amid U.S.-China trade talks

TORONTO — The Canadian dollar traded higher after Statistics Canada reported record job growth in April, while stocks came under pressure as the U.S....

Energy sector helps lift Toronto stock market as price of oil climbs

TORONTO — The energy sector helped lift Canada's main stock index in late-morning trading, while the price for oil climbed higher. The S&P/TSX composite index...
child care

Ontario municipalities getting at least $80M less for child care: group

TORONTO — An Ontario child-care advocacy organization says municipalities are getting at least $80 million less from the province in child care funding this...