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Updated: 59 min 6 sec ago

Arthur Porter prognosis 'very poor': cancer expert

1 hour 28 min ago

Arthur Porter's longtime friend Karol Sikora, a cancer expert, says the man wanted on fraud charges in Canada is responding well to emergency cancer treatments in a hospital in Panama City. Porter, the former CEO of the McGill University Health Centre, diagnosed himself with cancer in late 2012 in the Bahamas, where he runs a number of cancer clinics. That was just before he travelled to Panama and was arrested.


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Ezra Levant testifies on speeches he wrote for "gregarious fellow" Duffy

1 hour 30 min ago

Outspoken broadcaster and columnist Ezra Levant told a court Wednesday he wrote two or three non-partisan speeches for Sen. Mike Duffy, similar to ones that he prepared for other Conservative politicians. Levant was subpoenaed by the Crown in the fraud, breach of trust and bribery case against Duffy. Some of the charges are linked to $65,000 in contracts Duffy arranged with companies owned by an Ottawa friend, Gerald Donohue. His work included writing speeches for conservative politicians.


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Quebec welfare cuts worry drug and alcohol rehab centres

1 hour 39 min ago

Drug and alcohol rehabilitation centres in Quebec are raising concern recent welfare cuts will drive clients away from getting the services they need. Quebec implemented the changes to the welfare system to save money. Hamad said the cuts apply to all welfare recipients staying in long-term care facilities and making an exception for people in drug and alcohol rehab would not be fair.


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Toronto Stock Exchange falls as investors weigh impact of NDP win in Alberta

1 hour 43 min ago
The Toronto stock market experienced a triple-digit drop Wednesday morning, as investors reacted to the NDP majority win in Alberta. "If you have a change in government, you could have a change in numerous policies towards the energy sector — how things get approved, exploration policies, production policies, energy policies," said Colin Cieszynski, chief market strategist at CMC Markets Canada. The market's energy sector was down just over two per cent, even as crude oil climbed higher, while the gold sector was down about 2.5 per cent as the price of the underlying commodity declined. The NDP campaigned on a number of promises including corporate tax hikes and a review of the province's royalty regime.
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Oil's bull run hides a deep disconnect, crude traders warn

1 hour 46 min ago

While oil futures prices rebound with vigor as analysts cite strong demand, the physical crude market tells a much more cautionary tale. Tens of millions of barrels are struggling to find buyers in Europe with traders of West African, Azeri and North Sea crude blaming poor demand. The deep disconnect between the oil futures and physical markets looks similar to the events of June 2014 when the physical market weakness became a precursor for a futures price crash.


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Police seize 17 kg of marijuana, $170K cash in Charlottetown

1 hour 49 min ago
RCMP released details of a drug bust on a Charlottetown home Wednesday. More than $170,000.00 cash was seized along with 17 kg of marijuana, 650 grams of hashish, more than 500 oxycodone pills, and some concentrated cannabis resin commonly known as budder.  RCMP said this is the first time police have seized budder on the Island. There was also other drug paraphernalia common to the drug trade seized.
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Canadian Tire to buy 12 Target property leases in Canada

1 hour 53 min ago

(Reuters) - Retailer Canadian Tire Corp Ltd said it would buy leases for 12 properties previously held by the Canadian unit of Target Corp for $17.7 million. The 12 locations, spread across the country, will add about 400,000 square feet of retail space to Canadian Tire Retail's store network, the company said on Wednesday. Apart from its namesake automotive and homeware stores, Canadian Tire also operates Mark's, a casual and industrial wear retailer, and FGL Sports, whose store brands include Sport Chek, Hockey Experts and Sports Experts. "We've been tracking certain Target properties for some time and when the opportunity came up, we moved quickly and secured virtually all of them," Canadian Tire CEO Michael Medline said in a statement.


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Energy stocks hit as oilpatch takes stock of NDP election victory in Alberta

1 hour 59 min ago
Oil and gas stocks are being hit on the Toronto Stock Exchange following the NDP election victory in Alberta. The NDP has said it would raise corporate taxes to 12 per cent from 10 per cent and examine whether Albertans are getting their fair share of royalties. Premier-elect Rachel Notley has also said she would take a less hands-on role in stumping for certain pipeline proposals — unlike past Progressive Conservative premiers who actively promoted projects like Keystone XL and Northern Gateway. The CEO of pipeline giant Enbridge, the company behind the contentious Northern Gateway proposal, says he's not worried and he's looking forward to chatting with Notley.
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4 Afghan men sentenced to death by hanging over woman's mob killing that horrified country

2 hours 3 min ago

Four Afghan men were sentenced Wednesday to death by hanging over the filmed mob killing in downtown Kabul of a young woman falsely accused of burning the Qur’an, a case that horrified the country and showed the dangers women face in the conservative society. Judge Safiullah Mojadedi sentenced eight others to 16 years in prison. Nineteen police officers accused in the case will be sentenced Saturday, their verdicts publicly announced the next day.


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Harper congratulates Rachel Notley on NDP's Albert election triumph

2 hours 8 min ago

Prime Minister Stephen Harper has sent his "sincerest congratulations" to Alberta premier-elect Rachel Notley following a stunning victory by her New Democrats in the Alberta election. In a statement issued early Wednesday, Harper said he looks forward to working with "future Premier Notley on issues of importance for Albertans and all Canadians" such as jobs and economic growth. The NDP won its first majority government in Alberta on Tuesday night by toppling the Progressive Conservative colossus that had dominated the province for four decades. The crushing defeat prompted Jim Prentice to announce he was stepping down as PC leader effective immediately and that he would leave the Calgary Foothills seat he had recaptured.


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Federal NDP tries to generate excitement after win by Alberta cousins

2 hours 13 min ago
The federal New Democrats are trying to get a boost from the flash of orange momentum in Alberta, where their provincial cousins have pulled off a stunning election victory. The federal NDP invited news cameras into its caucus chamber this morning to film chanting, singing MPs in an attempt to signal that the Alberta win was in the name of all New Democrats. In fact, Rachel Notley, Alberta's new premier-designate, took pains during the campaign to distance herself from federal counterpart Tom Mulcair. When PC rival Jim Prentice made mention of Mulcair's opposition to pipelines, Notley insisted she had not spoken with him for months.
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Judge denies NFL linebacker's request to have conviction in revenge porn case wiped off record

2 hours 13 min ago
An NFL linebacker accused of distributing racy photos of a woman in violation of a revenge porn law can't enter a pretrial diversion program that would allow for any conviction to be wiped from his record, a judge ruled Wednesday. Jermaine Cunningham, a free agent who was with the New York Jets last year, is charged with invasion of privacy, unlawful weapons transport and possession of hollow-point bullets. His lawyer, Tony Fusco, requested that Cunningham be allowed to enter the pretrial intervention program. Fusco said Cunningham "regrets a few things." He previously said he expected Cunningham to be exonerated on all charges.
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New Brunswick man charged after 2,000 boys allegedly lured online

2 hours 17 min ago
The RCMP in New Brunswick are investigating after a young man allegedly pretended to be a teenaged girl online and lured as many as 2,000 boys. Police say the 24-year-old Moncton man, who cannot be named because of a court ordered publication ban, is facing several sex offences after allegedly luring boys between the ages of 10 and 16 from at least January 2012 to last fall.
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Chambly Basin search continues for missing canoeist RĂ©my Nolet

2 hours 21 min ago
Quebec provincial police divers are back in the water today looking for Rémy Nolet, a 19-year-old man who fell in the after his canoe capsized Monday evening. ​The teen's best friend, 17-year-old Catherine Desautels, was able to make it to safety after a harrowing two hours in the  rough, frigid water. Harry Waddup of the Richelieu—St-Laurent police said the underwater search will make up the bulk of the activity in the bid to find the missing man today.
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Pimco client outflows will hit profit: Allianz

2 hours 24 min ago

By Jonathan Gould and Kathrin Jones FRANKFURT/MUNICH (Reuters) - Outflows of customer funds from U.S. investment manager Pimco will hurt earnings this year - and it is not yet possible to predict when flows might turn positive again, owner Allianz warned on Wednesday. Pimco - which contributes more than a fifth of the German insurer's operating profit - saw record outflows and management turmoil last year, including the acrimonious departure of its leader Bill Gross, known as the "Bond King". Investors have continued to withdraw money this year, albeit at a slower pace, and Pimco's flagship Total Return Fund has lost its title as the world's biggest bond mutual fund. "In asset management, the outflows from last year will burden the result in 2015," Michael Diekmann told Allianz's annual shareholder meeting on his last day as chief executive of Europe's largest insurer.


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TSX hits one-month low as NDP victory sends energy stocks tumbling

2 hours 32 min ago

By Solarina Ho TORONTO (Reuters) - Canada's main stock index fell on Wednesday for the second straight session as hefty losses among energy companies following an unprecedented election outcome in Alberta province pushed the market to its lowest level in more than a month. The left-wing New Democratic Party (NDP) beat the Progressive Conservatives in a crushing victory that ended the center-right party's 44-year hold on power in the Western Canadian, oil-producing province. "Putting aside ideology issues, the most significant issue facing the NDP looks to be a lack of governing experience," Credit Suisse analyst Andrew Kuske said in a client note.


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Judge finds woman guilty of four charges, including indecent act on plane

2 hours 39 min ago
A woman accused of committing an indecent act on a Toronto-to-Halifax flight has been found guilty of all charges. Alicia Elizabeth Lander, 26, had pleaded not guilty to committing an indecent act, assaulting a police officer, committing an act of mischief and causing a disturbance at Halifax Stanfield International Airport on Jan. 24, 2014. She testified in provincial court Wednesday that she had drunk 14 shots of Crown Royal just before and on the flight, and didn't remember what had happened. A provincial court judge found her guilty on all four counts.
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Remote-control racetrack considered by Summerside

2 hours 40 min ago
A Summerside, P.E.I. group is talking to the city about building a remote-control car racetrack. Currently there are a few places to race across the Island, but none that are active in Summerside. "The plan is, a place for families and children to get outside away from the TVs and get active," said Summerside Coun. The local youth club Generation XX wants to create an RC racing circuit behind the Notre Dame street park.
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Canadian gets military burial in the Netherlands 70 years after WWII deaths

2 hours 40 min ago

BERGEN-OP-ZOOM, Netherlands - A Canadian soldier has found a final resting place 70 years after he was killed during the Second World War. Pte. Albert Laubenstein died during the Allied advance through the Netherlands, towards the end of the conflict, but his body was buried in a battlefield grave that could not be located after the war. Laubenstein was buried with military honours on Wednesday at the Canadian War Cemetery, some 70 kilometres from where he fought and died in a battle to drive the Germans back east. He had joined the Canadian Army in 1940 and had also served with the 102nd Battalion of the Royal Canadian Artillery, the 4th Light Anti-Aircraft Regiment and the Royal Canadian Infantry Corps.


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As Britain's campaign ends, UKIP suspends candidate for saying he would shoot political rival

3 hours 10 min ago

As Britain's political leaders spent a final day campaigning Wednesday, the election race drew to a bumpy close for the U.K. Independence Party, which suspended a candidate for saying he would shoot his Conservative opponent. "We've suspended him immediately, which is the right thing to do, and we do have a history of getting rid of people when they do something wrong very quickly indeed," said UKIP deputy chief Paul Nuttall. It is the latest in a string of embarrassing comments by members of UKIP, which has seen support grow for its anti-European Union stance and hopes to win a handful of seats on Thursday.


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