The United States has fired the opening shot in a latest softwood-lumber war against Canada, with the Trump administration announcing its first batch of duties on imported wood in the neighbourhood of 20 per cent.
One might assume that the Ontario Liberal government's pilot project to provide a guaranteed basic income would be roundly dismissed by those on the political and economic right as yet another government-led social welfare scheme doomed to failure.
Interim CEO has left Canada's largest social housing provider amid what he has described as an ongoing crisis. Greg Spearn, shown in 2016, has left his job as interim chief exectutive officer of Toronto Community Housing.
Canada's main stock index rose to a two-month high, led by gains for the financial and energy groups, while some lumber stocks rallied after the U.S.
VANCOUVER - Teck Resources Ltd. (TSX:TECK.B) had a big increase in first-quarter profits thanks to higher prices for its coal, copper and zinc but the company still fell short of analyst estimates due to weak sales volumes.