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Toronto News
News
Toronto is buzzing with activity as the city kicks off Public Markets Week, celebrating over 160 local markets that contribute to the city's economy and cultural diversity. Meanwhile, Prime Minister Mark Carney met with British Prime Minister Keir Starmer in Ottawa to discuss artificial intelligence partnerships ahead of the G7 Summit
Business News
Toronto is spotlighting its public markets, which play a crucial role in local economic development. Events throughout the week will include market tours, live music, cooking demonstrations, and discussions on food security.
Economic News
The city's economy is adapting to new U.S. tariffs, which are affecting food imports and local businesses. Toronto's Public Markets Week is emphasizing the importance of strengthening the regional food system in response to these challenges.
Political News
Former MP Han Dong has settled his defamation lawsuit against Global News, closing a two-year legal battle over allegations related to foreign interference. Dong has decided not to run in the upcoming election, and Maggie Chi has taken his place as the Liberal candidate for Don Valley North.
Election News
The 2025 federal election results show the Liberal Party securing a fourth term in government. Leader Mark Carney addressed supporters in Ottawa, pledging to represent all Canadians. Toronto saw strong voter turnout, with the Liberals sweeping most downtown ridings.
Employment News
Toronto's unemployment rate has risen to 9.1%, reflecting uncertainty due to recent trade restrictions. While more people are entering the job market, job growth has not kept pace, leading to a slight uptick in joblessness.
Business News
The Toronto Stock Exchange (TSX) closed at 26,504.35, with gains in the energy and technology sectors. Canadian Natural Resources and Cenovus Energy were among the top-performing stocks, while market volatility remains a concern
Forecast
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june 20: Mostly cloudy, 22°C/14°C.
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June 26: Partly cloudy, 24°C/16°C.
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June 27: Chance of showers, 26°C/18°C.
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June 28: Showers likely, 26°C/18°C.
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June 29: Showers possible, 24°C/15°C.
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June 20: Sunny, 24°C/15°C.
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June 21: Showers possible, 24°C/15°C.
Entertainment News
Toronto is hosting Taste of Little Italy, a three-day festival featuring Italian cuisine, live music, and street performances. The Luminato Festival is also underway, showcasing art, theater, and music across the city.
Upcoming Events
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Luminato Festival – June 4-22.
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Taste of Little Italy – June 23-15.
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Toronto Tattoo Show NIX 2025 – June 23-15.
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TD Toronto Jazz Festival – June 20-29.
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Toronto Blue Jays vs. Arizona Diamondbacks – June 27-19.
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NXNE Music Festival – June 21-15.
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Yorkville Exotic Car Show – june 20.
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Toronto Beaches Rib & Beer Fest – June 23-15.
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Kendrick Lamar & SZA Concert – June 22.
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