Ontario News

“The current spate of negative sentiment in the market is fuelled at least as much by a sense of uncertainty as by any serious deterioration of economic fundamentals”

The Toronto stock market drifted to a flat close Monday with many investors glad to see the end of a year that yielded an unspectacular single digit gain amid concerns about what further damage could be in ... via 680News

“We're having operations right up to the 25th of February. We're afraid of having more losses.”

MA'SUM GHAR, Afghanistan - New Year's approached with little fanfare on the front lines in Afghanistan on Monday as Canadian soldiers mourned the loss of a comrade killed just days before the end of what has ... via CFRB

- Radiant Energy Corp. (TSXV:RDT), maker of a patented aircraft deicing system, says it has raised about $1.4 million in a non-brokered private placement.

The Port Colborne, Ont.-based company said it issued 12.5 million common shares at a price of 11 cents per share.

It also said three company insiders subscribed for 10.7 million common shares.

The closing date of the offering was extended to Dec. 28 from Dec. 22.

The common shares will have a four-month hold period expiring between April 8, 2008 and April 27, 2008. Read more

Border agents pulled four live birds from the pockets of a pigeon collector and a traveling companion trying to enter the United States from Canada. The pair were stopped Sunday at the Lewiston-Queenston Bridge border crossing, where they told inspectors they were on their way to visit an uncle in LeRoy, outside Rochester, Customs and Border Protection spokesman Kevin Corsaro said.

The Uxbridge, Ontario men were asked during a secondary inspection to remove their coats and the pigeons were found, wrapped and taped from neck to tail, in inside pockets. Read more

“He was struck from behind by another vehicle travelling at approximately 110 to 120 kilometres an hour. This information is from witnesses at the scene. They know that because they were travelling at approximately that speed as well”

Two people are dead and a 21-year-old New York woman has been criminally charged after a car veered onto the shoulder of Toronto's Highway 401 Sunday and struck another car that pulled over because of an ... via Globe and Mail

“This has led to a crisis of confidence amongst the RCMP rank and file members.”

The head of the troubled RCMP has admitted the national force needs a major overhaul to deal with a widespread lack of morale, scarce resources and heavy public criticism. via National Post

“This will be a tax cut that you will see every time you shop, tax relief that you experience, a tax break that no politician will be able to take away without you noticing.”

- Stephen Harper is ringing in what could be an election year with a replay of a campaign stunt that helped propel him into the prime minister's office two years ago.

Harper is to visit the same electronics store on Monday in Mississauga, Ont., where he first unveiled the Conservative party's pledge to reduce the goods and services tax to five per cent from seven per cent over five years.

Monday's visit is meant to underscore the fact that Harper has delivered on his popular 2006 election campaign promise. He lopped the first percentage point off the hated tax last year and the second percentage point cut goes into effect Jan. 1. Read more

Wesdome Gold Mines Ltd. is pleased to announce the closing on December 28, 2007 of a non-brokered private placement of 2,657,731 common shares issued on a flow-through basis pursuant to the Income Tax Act at a ... via Canada NewsWire

“I was intimidated at first because he's a real intellectual heavyweight, but he turned out to be a pussycat. He's a lovely guy, so nice and engaging and open-hearted and we really hit it off and decided to make a film together, and here we are”

Peter Raymont has been one of Canada's foremost documentarians for years, taking home an Emmy for his film on Romeo Dallaire and now in the running for an Oscar for his latest doc, "A Promise to the Dead: The ... via 102.9 CKDS-FM

“The Canadian dollar is the best roller coaster ride of the year”

- Fair-feathered friend to some, foul burden to others, the iconic Canadian bird that took on the world's superpower currencies in 2007 has been picked as the top Canadian news story of the year.

The soaring loonie had no peer as the year's top story in the annual survey of Canada's broadcasters and newspaper editors conducted by The Canadian Press.

With 74 of 136 votes cast, the loonie was the clear choice over a wide assortment of headline grabbers that ranged from the RCMP Taser incident (runner-up with 15 votes) to the Robert Pickton trial to climate change and - last year's choice as top story - the war in Afghanistan. Read more

“We would like to get this wrapped up as soon as possible”

Shooter may be on video Regent Park gunshot victim Karim Rashid Ata-Ayi is the second son Toronto activist Patricia Wynters has lost to gun violence and police are working overtime to put his killer in ... via Toronto Sun

OPP NEWS RELEASE ************************** Open letter to the citizens of Ontario from Ontario Provincial Police Commissioner Julian Fantino Impaired driving: enough is enough TORONTO, Dec. via SooToday

“Humains paysages en temps de paix relative.”

- Some notable Canadians who died in 2007:

January

E.J. Hughes, 93 - Artist, who painted the landscapes of coastal B.C. for more than 70 years.

Charmion King Pinsent, 81 - Actress, driving force in such seminal Canadian theatre companies as the Straw Hat Players, and directed on Broadway in 1960 by Tyrone Guthrie in Robertson Davies' "Love and Libel." Wife of actor Gordon Pinsent.

Anthony Meagher, 66 - Archbishop of the Roman Catholic diocese of Kingston, Ont., of cancer.

Michel Proulx, 67 - Quebec Court of Appeal judge, who was involved in several high-profile commissions including those examining the RCMP and doping in sports, of cancer. Read more

“With so many people going in I might not be able to find it before other people do”

A survey suggested fewer Canadians would rush out to stores on Boxing Day and if they did, they would spend less money than usual, following an expensive Christmas season - but never-ending lineups and surging ... via CFRB

“We already had in Pakistan a complicated and dangerous political situation”

The assassination of Benazir Bhutto could unleash a wave of instability in southeast Asia that would have dire consequences for Canada's soldiers in Afghanistan, warns a former Canadian diplomat. via CKWS TV

“I'll never forget Benazir Bhutto”

- A mixture of sorrow and rage punctuated the traditional Muslim call to prayer Friday as Pakistani Canadians mourned Benazir Bhutto and lashed out at Pakistan's government for failing to prevent her assassination.

Anguished, tear-stricken faces were in abundance at a Toronto-area mosque as members of the Pakistan People's Party of Canada embraced before a funeral prayer service "in absentia" was held.

Across the country, members of Montreal's Pakistani community also gathered to mark Bhutto's death, while about 100 people attended a memorial in the Vancouver suburb of Surrey. . Read more

The Ministry of Environment has found elevated levels of radioactive tritium in ground water at the municipal dump serving Pembroke, Ont., and several other nearby Ottawa River valley communities.

“It is believed that he is still (in the GTA)”

Peel Regional Police are on the lookout for a 24-year-old man wanted on a first-degree murder charge in Windsor. via Mississauga

“When you move into a new house, you usually are increasing your space, so you need to fill it up with some type of furnishings or furniture”

It's still early as cash registers cool from Boxing Day sales, but analysts estimate Canadian holiday spending was up five per cent over last year - a little less than last December's year-over-year gain. via Slam Sports

London, Ont., based construction firm EllisDon Corp. has been selected Canada's top employer in a survey by Report on Business magazine. via Penticton Herald