A former mortgage broker has agreed to a $40,000 fine in connection with an alleged fraud scheme that prompted a complaint to regulators.
In a statement released on Thursday, the Financial Services Regulatory Authority of Ontario (FSRA) wrote that it entered into a settlement with Paramjeet Kaur, who was a licensed broker with Trillium Mortgage Services Inc. until March 31, 2026 when her licence expired.
PoliticsThe union representing correctional officers is raising the alarm after it says an inmate had a drone drop off a McDonald's meal and alcohol to what's supposed to be Canada's most secure prison earlier this week. Union says it's at 'breaking point' for illegal goods entering Quebec facilityCatharine Tunney · CBC News · Posted: Oct 16, 2026 5:46 PM EDT | Last Updated: 1 hour agoListen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A drone delivered McDonald's chicken nuggets (not the ones pictured) fries, sauce and some alcohol to an inmate's cell window at the Sainte-Anne-des-Plaines, Que., facility this week, according to the correctional officers' union. (Shannon Stapleton/Reuters)The union representing correctional officers is raising the alarm after it says an inmate had a drone drop off a McDonald's meal and alcohol to what's supposed to be Canada's most secure prison earlier this week.
LondonProduction at a St. Thomas auto parts plant will be reduced as some work moves to Mexico, with an undetermined number of layoffs expected, the facility's parent company says. At least 90 people work at the Unimotor facility, where the number of potential layoffs remains unclearMatthew Trevithick · CBC News · Posted: Oct 16, 2026 4:23 PM EDT | Last Updated: October 16Listen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. SMP's Unimotor facility on Gaylord Road in St. Thomas. (Google Maps)Workers at St. Thomas auto parts plant Unimotor learned this week that production will be cut at the facility and moved to Mexico, resulting in an undetermined number of layoffs. In a statement, New York-based Standard Motor Products (SMP) said the move was not the result of U. S. tariffs, but was instead due to “ongoing global competitiveness” and market pressures.
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Replacing the roughly 360 jobs to be lost at RBW when the Owen Sound plant closes in January won’t happen overnight. But people in business development and labour market analysis say there are reasons for hope.
TC Transcontinental told its printing plant workers Wednesday at a meeting that the plant will close at the end of January. The local work will be shared among five other Transcontinental plants. Equipment will be moved out and the industrial site will be sold.
A new report from the Montreal Economic Institute (or MEI) finds that 61 nurses under the age of 35 left the workforce in Newfoundland and Labrador for every 100 nurses who entered the health care system in 2024. The thinktank studied the supply of nurses since 2023, by examining the most recent data from the Canadian Institute for Health Information (CIHI) and review trends in recruitment and retention of young nurses. Senior policy analyst with the Montreal institute, Gabriel Giguere, says while the latest data is an improvement over the previous year, the ratio remains high and puts undue pressure on an already strained health care system. The report says there were more than 27,000 nursing vacancies across Canada last year – a drop from 2023 but roughly three times higher than in 2016. This province saw the highest ratio of young nurses heading for greener pastures. That’s troubling according to Giguere who says long-term solutions to stressful working conditions must be found “quickly.”The best performer in the country according to MEI is British Columbia which has cut the turnover of young nurses by 53 per cent since 2014.
Nova ScotiaTwo Southwestern Nova Scotian seafood businesses were charged in relation to a two-year investigation into illegal lobster buying, according to the province. One of the businesses ‘vehemently denies any allegations’Listen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. The orange lobster, whose fate is still uncertain, sits atop his fellow normal-coloured lobsters. (Martin Toulgoat/Radio-Canada)Two southwestern Nova Scotian seafood businesses have been charged in relation to a two-year investigation into illegal lobster buying, according to the province. Independent Fisheries Ltd. and 3329874 Nova Scotia Ltd. have been charged under the Fisheries and Coastal Resources Act. The companies each face two charges for buying, selling or possessing fish that was illegally caught, and buying fish from a person who did not have a valid commercial fishing licence. 3329874 Nova Scotia Ltd.
Canadian EV customers are delaying buying decisions while they wait for more Chinese EVs to reach their shores, according to a new survey, suggesting widespread awareness of China’s EV dominance is causing EV buyers to ignore Western automakers’ offerings entirely.
The survey was commissioned by Clean Energy Canada, and shows that Canadian interest in EVs is slowly ticking up, with nearly half of them inclined, likely or certain to buy an EV as their next vehicle.
Nfld. & LabradorNewfoundland Power is proposing a $242-million upgrade for its generating stations in Wesleyville and Grand Bank, eventually leading to a two per cent increase in electricity rates after six years. Rates will increase 2% by 2032, pending PUB approvalSanuda Ranawake · CBC News · Posted: Oct 16, 2026 2:17 PM EDT | Last Updated: October 16Listen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Newfoundland Power is pitching the largest capital expenditure project in the company’s history. (Jeremy Eaton/CBC)Newfoundland Power is proposing a $242-million upgrade for its generating stations in Wesleyville and Grand Bank, eventually leading to a two per cent increase in electricity rates after six years. The Wesleyville Plant, located on Bonavista Bay North, and the Greenhill Plant, located on the Burin Peninsula near Grand Bank, have been in operation for more than 50 years, according to a news release by the Fortis-owned utility.
A warning has been issued regarding a pastry that was sold in Canada after a reported reaction.
The Canadian Food Inspection Agency said in a notice on Friday that a recall was triggered by a consumer complaint.
Picking when to launch a shiny new product is half the battle. You've got to make sure the timing is right, and the absolute last thing you want is to get overshadowed by a competitor.
Enter Porsche. On Thursday, the company unveiled a new supercar called the Mission S, sharing a post on X and describing it as "a glimpse into the future. "
TorontoAutonomous vehicle operator Waymo is officially coming to Canada with the driverless ride-hailing service expected to launch in Toronto in 2028, the company says. Mayor Olivia Chow says she's concerned about safety, whether cars will be held to highest standardsArrthy Thayaparan · CBC News · Posted: Oct 16, 2026 11:34 AM EDT | Last Updated: 7 hours agoListen to this articleEstimated 5 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Waymo launching self-driving taxi testing in Toronto7 hours ago|Duration 4:38Waymo is bringing its self-driving vehicles to Toronto for testing in the coming days with trained safety drivers behind the wheel. The company aims to launch a fully autonomous ride-hailing service in the city by 2028. CBC’s Meagan Fitzpatrick breaks down what you need to know. Autonomous vehicle operator Waymo is officially coming to Canada with the driverless ride-hailing service expected to launch in Toronto in 2028, the company says.
Published: October 16, 2026 at 2:34p.m. EDTJohn Ing, CEO of Maison Placements Canada, joins BNN Bloomberg to assess the risk of rising yields and deficit. The U. S. budget deficit rose by US$217 billion to $1.99 trillion in the 2026 fiscal year, fuelled in part by tariff refunds and record spending to service the nation’s more-than $40 trillion in debt, marking the largest budget shortfall in five years, Treasury Department figures reported on Friday showed. The results for the year ended September 30, the first full budget year of U. S. President Donald Trump’s second term, compared to a $1.78 trillion deficit in fiscal 2025. It was the largest shortfall since fiscal 2021’s $2.77 trillion budget gap, then fueled by COVID-19 pandemic relief spending, and is the third- largest annual deficit ever. Latest updates on international news hereTotal receipts for fiscal 2026 were a record $5.40 trillion, up $169 billion, or three per cent, from the $5.24 trillion in fiscal 2025. Fiscal 2026 outlays also were a record at $7.40 trillion, up $386 billion, or six per cent, from the $7.01 trillion in the prior fiscal year.
As Canada continues to slug it out with the U. S. on a trade and tariff dispute and more economic fallout looms, London just took a ringside seat.
Hitachi Energy, a subsidiary of the Japanese industrial giant, will build a $479-million manufacturing plant in London to make parts to build transformers and feed the national electrical grid.
