Kevin O'Leary considers run for Tory leadership: Top Stories

The Conservative leadership race has yet to start, but potential candidates are gearing up, including celebrity businessman and ex-Dragon Kevin O'Leary. And the suit that could protect you from terrorism turned out to be too good to be true.These are two of our topstories worth your time this morning.

Local

Province didn't warn borrowers about problems with mortgage broker

When provincial regulators moved to shut down mortgage broker DennisKhannain December, it'd been more than a year since they had flaggeddozens of violations ofOntariomortgageregulationsin a review in thesummer of 2014.

But if you'd looked on the Financial Services Commission of Ontario'swebsiteanytime before last month, you'd see no sign that the provincehadconcerns about the business. Khanna had assured them in fall 2014 all would be proper going forward.

Niagara Falls cop was wrong but shouldn't be charged in crash: SIU

The Special Investigations Unit says a Niagara regional police officer was in the wrong, but shouldn't be charged in a collision that left a 51-year-old motorcyclist with a fractured pelvis.

The police watchdog agency says the collision occurred on Aug. 8, 2015, when the officer was attempting to make a left turn at an intersection in Niagara Falls.

Elsewhere

Kevin O'Leary considers run forTory leadership

The Conservative leadership race has yet to start, but potential candidates are gearing up, including celebrity businessman and ex-Dragon Kevin O'Leary and some high-profile former cabinet ministers.The actual convention isn't expected for another 18 months.

But the extra time is allowing outsiders to consider putting their name forward, including the outspoken Toronto businessmanO'Leary.

Anti-terrorism suit presented to European Parliament, turns out to be a prank

"At the most obvious level, The ENDURAsphere is a defensive orb, with numerous redundant systems that ensure the comfort and thriving of the occupant," explained Bichlbaum.

He said the suit wouldprotect occupants while demoralizing any enemy forces.Emphasizing that the suit is only a prototype, Bichlbaum went on to say that the initial cost of the suit would be quite high, "only available to high net-worth individuals."