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Toronto News

Local news for Toronto, ON continually updated from thousands of sources on the web.

1 hr ago | Canadian Business Magazine

Stock market outlook positive; oil back over US$126 an ounce

European stock markets and Wall Street index futures were solidly positive Friday morning, maintaining momentum that has left the S&P/TSX composite index are a record level and the U.S. Standard and Poor's 500 ... via Canadian Business Magazine

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7 hrs ago | The Toronto Star

TSX hits new record close

“This is holding broader Canadian GDP growth to a pace no better than its U.S. counterpart.”

The Toronto stock market surged to a record-high close today in a broadbased advance led by solid gains in financial and metals stocks even as investors took in data which showed that a weakening U.S. economy ... via The Toronto Star

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11 hrs ago | Canada.com

Immigrant employment up, StatsCan reports

“We know that some 60 per cent of immigrants come with some post-secondary education and yet we also know that some 60 per cent of immigrants are not working in the field in which they trained”

Immigrant employment, seen as a way to offset projected labour shortages, increased sharply last year in Canada, easily outpacing that of Canadian-born workers, Statistics Canada reported Tuesday. via Canada.com

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16 hrs ago | Mississauga

Family tries to make sense of loss

“This is just terrible, so terrible for someone so young with many hopes and goals to die like this”

Rehan Tanvir was many things to many people. To his father, he was a budding graphic designer. via Mississauga

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20 hrs ago | National Post

CAW reaches tentative deals with GM

“Overall, this is a good agreement that keeps alive as many jobs as we could”

The Canadian Auto Workers union reached master agreements with both Chrysler and General Motors Thursday. via National Post

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Yesterday | CANOE

Arsonist strikes twice in Toronto

“That house was occupied by three people.”

Guillermo Snitzler stands outside his house on Crang Ave. as Toronto firefighters check fire damage to his back porch. via CANOE

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Yesterday | Canoe

Savage beating stuns cops

“This isn't just one of these things where it's one or two punches and somebody had their head hit against the wall and they passed away”

Yes. No. A 16-year-old North York boy, who suffered one of the worst beatings a veteran Toronto homicide cop says he has seen, will be buried tomorrow. via Canoe

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Wednesday | Canoe

Bayer anti-bleeding drug has higher death rate

“If the BART study hadn't been done, we probably would still be using aprotinin.”

An expensive drug used to minimize severe bleeding during heart surgery actually significantly increased the risk that patients would die during surgery or in the 30 days following, a Canadian study comparing ... via Canoe

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Wednesday | The Brampton Guardian

Teen wanted for subway shooting arrested

“There were seats available, but before people could disperse, they had made contact with one another and that led to verbal comments back and forth that quickly escalated”

A Brampton teenager wanted for a shooting on the Spadina subway was arrested in the area of Islington Avenue and Duncanwoods Drive in Toronto Sunday night. via The Brampton Guardian

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Wednesday | Canoe

1 dead, 9 hurt in T.O. crash carnage

“There was a car that veered across the lanes because it was going at a high speed ... I believe alcohol was a factor.”

At least one person was killed and two others were clinging to life after a horrific five-car crash late last night on Eglinton Ave. via Canoe

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