China Economic Growth Target 2026 Set at 4.5%–5% Amid Rising Challenges

China has set a lower economic growth target for 2026, signaling a cautious approach as domestic pressures and global uncertainty....

Newfoundland and Labrador Hydro Addresses Major Island-Wide Outage

A sudden and widespread power disruption left much of the island without electricity Thursday afternoon, prompting Newfoundland and Labrador Hydro....

Netflix Warner Deal Collapses as Paramount Moves Closer to Takeover

Netflix has stepped away from the race to acquire Warner Bros. Discovery, clearing a potential path for Paramount to take....

NVIDIA Financial Results Power Record-Breaking Fiscal 2026 Performance

NVIDIA's financial results for the fourth quarter of fiscal 2026 have set a new benchmark for the semiconductor industry, as....

Transport Canada Certifies Gulfstream G500 and G600 Jets Amid U.S. Pressure

Canada has officially approved two major business aircraft models after weeks of political tension and regulatory scrutiny.The decision confirms that....

Reese’s Peanut Butter Cups Quality Row: Inventor’s Grandson Targets Hershey

A family dispute has erupted over the famous Reese’s Peanut Butter Cups recipe and brand quality.Brad Reese, grandson of inventor....

Nutritious Starbucks Foods: Dietitian Shares Smart, Balanced Menu Picks

Many customers walk into Starbucks looking for quick coffee and convenient meals, yet not every option supports balanced nutrition. While....

TELUS CEO Transition: Darren Entwistle to Retire, Victor Dodig Named Successor

TELUS CEO transition plans are now officially in motion as Darren Entwistle prepares to retire after more than 26 years....

Costco Minimum Wage Rises to $21 as Retail Pay Pressure Builds

Costco is reinforcing its reputation as a high-paying retailer with a fresh wage increase.The company has confirmed that its minimum....

Stellantis Stake in Ontario Battery Factory Sold to LG Energy Solution

Stellantis has decided to exit its ownership role in a major Canadian battery project.The automaker will sell its stake in....

Google AI Growth Surges as Alphabet Overtakes OpenAI in the Race for Leadership

Alphabet has staged a sharp turnaround in artificial intelligence.Once seen as lagging rivals, Google now leads the AI conversation.Investors who....

Toys “R” Us Canada Creditor Protection: Retailer Seeks Relief Amid $120M Debt

Toys “R” Us Canada has taken a major step to survive mounting financial pressure.The iconic toy retailer has filed for....

Toyota Recall Canada: Nearly 20,000 Vehicles Flagged Over Rear Door Safety Risk

Toyota has announced a major vehicle recall in Canada.Nearly 20,000 cars are affected by a rear door safety concern.The issue....

Gold Rally Sparks Historic Surge as Silver Crosses $100

Gold prices ended the week on a historic high note.The precious metal climbed close to $5,000 per ounce on Friday.It....

US Trade Deficit Widens as Import Surge Undercuts Tariff Gains

The US trade deficit widened sharply in November, reversing a brief improvement celebrated by President Donald Trump.Fresh government data shows....

Bank of Canada Interest Rate Decision: CUSMA Uncertainty Clouds Economic Outlook

The Bank of Canada opened the year with caution. It chose stability over change.At its first policy meeting of 2026,....

Wall Street Hits Record as Dollar Slumps Again

Wall Street ended Tuesday on a historic note, with the S&P 500 setting a fresh all-time high as investors navigated....

GST Rebate Boost Welcomed in Manitoba, But Many Still Miss Out

Manitobans are cautiously welcoming a planned increase in the federal GST rebate.Prime Minister Mark Carney says the move will help....

U.S. VC Bets on Canada’s AI Talent to Build AI Companies

A U.S.-based venture capital firm is doubling down on Canada’s deep artificial intelligence talent pool.The firm believes the country can....

Farmers Seek Certainty as Canola Tariffs Continue to Cloud Markets

Farmers across Manitoba are calling for long-term clarity as canola tariffs continue to disrupt planning and profitability.While recent trade moves....

Gold Stocks Push S&P/TSX Composite Higher Amid Rising Geopolitical Risks

Canada’s benchmark equity index closed slightly higher on Monday. Mining stocks, especially gold producers, led the gains. Investors also assessed....

Canada Opens Doors to Chinese EVs as Tariffs Drop

Canada is preparing to welcome Chinese-made electric vehicles, as Prime Minister Mark Carney lowers the tariff on imports from 100%....

Bilt Launches Credit Cards With 10% Intro APR Amid Rate Debate

Fintech company Bilt is shaking up its credit card lineup, offering an introductory interest rate of 10% for the first....

Canada’s Housing Market in 2026: Slow Steps, Uneven Gains

Canada’s housing market enters 2026 with cautious optimism and lingering unease. After a year shaped by rate cuts and economic....

Wall Street Earnings Season Starts With Caution as JPMorgan, Delta Weigh on Markets

Wall Street stepped back from record highs as the new earnings season opened on a mixed note.Investors turned cautious after....

SSENSE Co-Founders Reclaim Control of Luxury Fashion Brand

Montreal-based luxury fashion retailer SSENSE is returning to its roots.The company confirmed that its original founders will buy it back.....

West Fraser Goodwill Impairment: $409M Charge Reflects Prolonged Lumber Downturn

West Fraser Timber Co. Ltd. will report a major financial adjustment in its fourth-quarter results.The company plans to record a....

Canadian Airlines Face New Competition as Middle East Carriers Expand Access

Canadian airlines are heading into a more competitive era.Ottawa has decided to open the skies wider to airlines from the....

CRA COVID Benefit Payments: Agency Seeks Over $10 Billion in Recoveries

The Canada Revenue Agency says billions paid during the pandemic remain unpaid.The outstanding amount relates to COVID benefit payments issued....

Turkmenistan Crypto Legalization Marks Major Shift in Isolated Economy

Turkmenistan has taken a rare step toward economic reform.The country has officially legalized cryptocurrency mining and exchanges.The move signals a....

U.S. Oil and Gas Rig Count Rises for Second Straight Week as Output Outlook Improves

U.S. energy producers showed renewed drilling activity at the end of the year.The latest data signals cautious optimism across the....

‘Canada Is Not for Sale’ Hats Spark Made-in-Canada Movement

What began as a political statement stitched onto a baseball cap is now turning into a broader mission to strengthen....

Meta Acquires AI Startup Manus in $2 Billion Deal, Marking Rare China-Linked Tech Buy

Meta has agreed to acquire AI startup Manus for more than $2 billion.The move signals a rare U.S. purchase of....

Asian Mining Stocks Rally as Silver Prices Hit Record High

Asian mining stocks ended the year on a strong note as silver prices surged to a historic peak.The rally swept....

Canadians Boost Holiday Spending as Last-Minute Shopping Rush Peaks

With only hours left before stores close for Christmas, holiday shopping in Canada has hit full speed. New data from....

U.S. Stocks Rise as Holiday-Shortened Week Begins, Tech and Banks Lead Gains

U.S. stocks climbed on Monday, kicking off a holiday-shortened week with broad gains. Technology companies and banks drove the rally,....

US Arms Sales to Taiwan Cross $10 Billion, Raising Tensions With China

The United States has approved a massive arms sales package to Taiwan valued at more than $10 billion. The announcement....

Elon Musk Becomes First Person Worth $600 Billion as SpaceX Valuation Soars

Elon Musk has crossed a financial milestone no one has reached before. The billionaire entrepreneur is now worth more than....

Job Search During Holidays: Why December Is the Best Time to Keep Applying

Many job seekers slow down their job search during the holidays. December feels busy, distracting, and uncertain. But career coach....

Calvin McDonald Steps Down: Lululemon CEO Exit Signals Major Shift for Athleisure Giant

Lululemon Athletica is entering a major transition as Calvin McDonald, its Canadian-born CEO, prepares to step down in January after....

Air Transat Averts Pilot Strike With Tentative Deal Amid Widespread Flight Disruptions

Air Transat narrowly avoided a major work stoppage on Tuesday evening after reaching a tentative agreement with its pilots. The....

U.S. Waives Final Portion of Biden-Era Fine Against Southwest Airlines After Operational Improvements

The U.S. Department of Transportation (DOT) has waived the final portion of a major fine imposed on Southwest Airlines for....

More Weekend Shopping! Costco’s New Hours Are Permanent

Costco Canada has delivered a welcome gift to shoppers just ahead of the holidays. The warehouse giant is making its....

CRA Warns Canadians About Aggressive Tax Schemes Using Critical Illness Insurance

The Canada Revenue Agency (CRA) has issued a new warning about aggressive tax schemes operating across the country. These arrangements,....

Micron Stops Selling Consumer Memory as AI Chip Demand Surges

Micron Technology has announced a major strategic shift. The company will exit the consumer memory market to prioritize skyrocketing demand....

Domtar’s Crofton Mill Shuts Down Permanently, Leaving 350 Workers Affected

Domtar has confirmed the permanent closure of its Crofton mill in British Columbia, ending decades of pulp production on Vancouver....

Algoma Steel Layoffs: Ontario Steelmaker Issues 1,000 Notices Amid U.S. Tariff Pressure

Algoma Steel has begun a painful transition. The Ontario-based company confirmed on Monday that it has issued 1,000 layoff notices,....

Airbus A320 Recall Sparks Global Flight Disruptions After Mid-Air Safety Scare

Airlines worldwide faced major disruptions this weekend after Airbus issued an urgent A320 recall, grounding thousands of aircraft for immediate....

Mexico Unveils Ambitious Plan to Build Latin America’s Most Powerful Supercomputer

Mexico has announced a bold national initiative: the creation of Latin America’s most powerful supercomputer. The project aims to position....

Bolivia’s New President Rodrigo Paz Moves to Scrap Taxes and Revive Crisis-Hit Economy

Bolivia’s new conservative president, Rodrigo Paz, has unveiled sweeping economic reforms aimed at lifting the country out of its worst....

Alibaba’s Cloud Business Surges as AI Boom Drives Strong Growth

Alibaba’s cloud business delivered an impressive performance this quarter, powered by a soaring global demand for artificial intelligence. The Chinese....

Key Business Events to Watch in Canada This Week

Canada enters a busy economic week with fresh data, historic developments, and industry updates that could influence markets and consumer....

Canada Post and Union Reach Tentative Deal After Two Years of Dispute

Canada Post and the Canadian Union of Postal Workers (CUPW) have reached an agreement in principle after two years of....

Tech Sell-Off Triggers Sudden Slide in North American Markets

Canada’s stock market swung sharply lower on Thursday after a strong start, mirroring a volatile performance across U.S. exchanges. Early....

Cloudflare Outage Disrupts Major Platforms Worldwide

A major internet disruption early Tuesday affected millions of users across several countries. Cloudflare, one of the world’s most relied-upon....

Visa, Mastercard Strike New Deal to End Long-Running Swipe Fee Battle in the U.S.

After two decades of legal wrangling, Visa and Mastercard have reached a revised settlement with U.S. merchants over credit card....

Canada Post Unveils Plan to Fix Its Struggling Business Model

Canada Post has officially submitted a long-awaited plan to the federal government aimed at transforming the financially troubled postal service....

Wendy’s to Close Hundreds of Underperforming Restaurants in Major US Restructuring

Wendy’s is gearing up for one of its biggest shake-ups in recent years. The fast-food giant announced plans to close....

Canadian Tire Unveils First Hudson’s Bay Stripes Collection This December

Canadian Tire is giving new life to one of Canada’s most recognizable symbols — the Hudson’s Bay stripes. The retail....

Carney’s 1st Budget Rolls Out $141 Billions to Boost Tariff Headwinds

The federal government has released its first major budget under Mark Carney, introducing $141 billion in new spending to shore....

Questrade Gets Green Light to Launch Questbank in Canada

Questrade Financial Group, one of Canada’s leading online trading platforms, has received federal approval to launch its own bank —....

Canada Unveils First G7-Backed Investments to Cut Reliance on China’s Minerals

Canada has announced the first wave of investments under a G7 alliance aimed at reshaping the global critical minerals market....

Disney Channels Pulled from YouTube TV After Talks Collapse

Millions of YouTube TV viewers woke up Friday to find popular Disney-owned channels — including ABC and ESPN — suddenly....

Bank of Canada Cuts Rates Again as Trade Tensions Escalate

The Bank of Canada has reduced its benchmark interest rate for the second time in a row, bringing the overnight....

Keurig to Pay Canadians in $1.85M Settlement Over Recycling Claims

Keurig Canada has agreed to a multimillion-dollar settlement after facing allegations that it misled consumers about the recyclability of its....

Doug Ford Defends Anti-Tariff Ads, Refuses Trump Apology

Ontario Premier Doug Ford says he will “never apologize” for standing up to U.S. trade tariffs, even as the province’s....

B.C. Billionaire Ruby Liu Loses Bid to Own Hudson’s Bay 

B.C. billionaire Ruby Liu’s ambitious plan to resurrect the legacy of Hudson’s Bay has hit a wall. The Ontario Superior....

Canada Post Union Fails to Overturn Back-to-Work Order

The Canada Industrial Relations Board (CIRB) has dismissed the Canadian Union of Postal Workers’ (CUPW) challenge against a government back-to-work....

Amazon Cloud (AWS) Outage Disrupts Global Internet, Now Resolved

A massive Amazon Web Services (AWS) outage on Monday disrupted internet use worldwide, affecting social media, gaming, streaming, financial platforms,....

Canadian New Home Construction Surged 14% in September, CMHC Reports

Canada’s housing market showed surprising momentum in September, with new home construction jumping 14% from August, according to fresh data....

Trump Officials Back Controversial California Offshore Drilling

California’s coast could soon see a return of offshore oil drilling, despite past environmental disasters and mounting legal battles. Sable....

Canada’s Tariffs on Chinese EVs Hit Prairie Farmers Hard

Manitoba Premier Wab Kinew has warned that Canada’s tariffs on Chinese electric vehicles are deepening economic pain across Western Canada.....

Crypto Market Bounces Back as US-China Trade Tensions Ease

Global cryptocurrency markets staged a strong recovery on Monday after suffering one of their worst weekends of the year. The....

U.S. Stock Markets Tumble as Trump Hikes China Tariffs to 100%

U.S. stock markets suffered a sharp fall on Friday after President Donald Trump announced a dramatic escalation in trade tensions....

Canada Post to Resume Mail Service Amid Ongoing Union Strike

Mail delivery is set to resume across Canada next week, but uncertainty still looms. Canada Post confirmed Friday that it....

China Tightens Rare Earths Export Rules Ahead of Trump-Xi Talks

China has announced new controls on exports of rare earths and related technologies, signaling a tightening of access to these....

Global Stock Markets are Mixed as Gold Hits $4,000

Global stock markets showed a mixed performance on Wednesday following a retreat in U.S. equities, while gold surged to record....

Canada Post Drops Signing Bonus in New Offer Amid Deepening Financial Crisis

Canada Post has withdrawn a signing bonus from its latest proposal to striking postal workers, citing severe financial strain as....

Ottawa Raises 2026 TFSA Limit — But Confusion Could Cost Investors

Starting January 1, 2026, Canadians will have more room to grow their savings tax-free. Ottawa has announced an additional $7,000....

Lithium Americas Stock Doubles as U.S. Weighs Equity Stake in Miner

Shares of Lithium Americas soared nearly 95% on Wednesday after news that the Trump administration is considering taking an equity....

Government Payouts: Canadians to Receive Money in Three Ways

As September draws to a close, many Canadians will see financial relief in the form of government pensions. Over the....

Powell Calls Trump’s Fed Criticism a ‘Cheap Shot’

US Federal Reserve Chair Jerome Powell has firmly rejected claims that the central bank allows politics to dictate its decisions.....

Canada’s OAS September Payments: Seniors Could Receive Up to $1,900

Canadian seniors are set to receive some welcome support this fall. The next round of Old Age Security (OAS) payments....

Canada Post Tables New Offers Amid Flyer Delivery Ban

Canada Post is preparing to send new offers to the Canadian Union of Postal Workers (CUPW) as both sides attempt....

Canada Weighs Future of Oil Emissions Cap Amid Industry Talks

The federal government is in ongoing discussions with Alberta and major oil companies about the future of the country’s oil....

Big Tech Data Centers May Be Cut Off During Power Emergencies

The rapid rise of Big Tech’s data centers is pushing U.S. electricity grids to the brink. Lawmakers are now exploring....

Canadians Can Claim from $500M Bread Price Settlement

Canadian shoppers now have a chance to claim compensation from a massive $500-million class-action settlement. The lawsuit involves alleged industry-wide....

Low Grocery Price Hikes Keep Empire Ahead of CPI

Sobeys’ parent company, Empire, is keeping food inflation well below Canada’s national rate, according to CEO Michael Medline. Speaking about....

Canada Missing Out on Billions in EU Trade Opportunities

Canadian exporters are not making full use of Europe’s vast market, despite tariff-free access under a major trade deal. A....

Canada Considers CRA Access to Fight Mortgage Fraud

Fraud in Canada’s mortgage market has become a pressing concern. Lenders and brokers say they need a better way to....

Energy Deals Lift TSX as U.S. Stocks Hit New Records

Canada’s main stock index climbed modestly Tuesday, led by strength in the energy sector. Investors reacted to news of major....

$70B Anglo-Teck Merger to Create Copper Mining Giant in Vancouver

In one of the largest mining industry deals in more than a decade, Vancouver-based Teck Resources and London’s Anglo American....

CRA Hits Rock Bottom: Government Scrambles to Fix Service Delays

The Canada Revenue Agency (CRA) is under fire for long service delays, mounting public frustration, and shrinking staff numbers. Secretary....

Quebec Aluminum Industry Gains Massive Tariff Relief

Quebec’s aluminum industry is on track to receive a significant boost from Ottawa’s new tariff relief fund. Federal Industry Minister....

Canadians Pull Back on EVs as Incentives Fade

Electric vehicle (EV) sales in Canada have taken a sharp turn downward, even as the broader auto market remains strong.....

Air Canada Flight Attendants Reject Wage Deal Amid Dispute

The labour tension of Air Canada has entered a stormy phase. Flight attendants have overwhelmingly rejected a proposed wage deal,....

Canada Faces Job Market Shock: 66,000 Positions Lost in August

Canada’s job market hit a major stumbling block in August, with 65,500 positions lost, Statistics Canada reported Friday. The unemployment....

Mortgage Shoppers Eye Relief as Rate Cut Hopes Grow

Canada’s mortgage market is holding its breath as the Bank of Canada prepares for its next big decision. With speculation....

Wealthsimple Breach Exposes Client Data, But Funds Stay Safe

Wealthsimple has confirmed a cyber breach that exposed sensitive personal details of some clients. The security incident, reported Saturday, was....

De Minimis Exit Slashes Lululemon’s Profit Outlook

Lululemon’s Harsh Reality Check Lululemon Athletica is bracing for a heavy financial hit. The company revealed that a recent U.S.....

Canada’s October Budget to Balance Cuts and Investments, Vows PM Carney

Prime Minister Mark Carney has signaled that Canada’s upcoming federal October budget will pursue a dual path of restraint and....

Canadian Canola Farmers Hit Hard by Chinese Tariff

Canadian farmers are bracing for tough months ahead as Chinese tariffs on canola continue to push down prices of one....

Canadian Small Businesses Reel as U.S. Ends Duty-Free Package Exemption

Canadian small businesses are scrambling after U.S. President Donald Trump ended the long-standing de minimis exemption. The rule had allowed....

Indigenous Businesses Hit Hard as U.S. Tariff Rules Halt Cross-Border Trade

Some Indigenous entrepreneurs in Canada are suspending exports to the United States, citing the impact of new tariff measures introduced....

Air Canada Waives Seat and Change Fees, Experts Call the Move ‘Minimal

Air Canada has announced a short-term pause on certain passenger fees, but industry experts believe the move is more symbolic....

Ssense Seeks Creditors' Protection under Tariff Pressures

Canadian luxury retailer Ssense has filed for bankruptcy protection, citing escalating tariffs and industry headwinds as the main drivers behind....

Record $46B Sales Push Nvidia Deeper Into AI Boom

Nvidia has set another financial milestone, underscoring the soaring demand for artificial intelligence technology. The world’s most valuable chipmaker reported....

Bank of Canada Plans Flexible Approach in Policy Review

The Bank of Canada is preparing for its next mandate review, with Governor Tiff Macklem stressing the need for flexibility....

Democrats Urge Trump to Restart Blocked Offshore Wind Project

A major offshore wind project off the coasts of Rhode Island and Connecticut faces an uncertain future after the Trump....

US and China Battle to Lead the Stablecoin Revolution

A new digital race is underway. The world’s two largest economies — the United States and China — are positioning....

Key Business Events to Watch in Canada This Week

A busy week lies ahead for Canada’s business world, with major banks, retailers, and economic data in focus. From earnings....

Asian Stock Market Gains as Fed Signals Policy Shift

Asian shares surged on Monday, mirroring Wall Street’s strong rebound after Federal Reserve Chair Jerome Powell suggested interest rate cuts....

US Government Secures 10% Stake in Intel Under New Deal

The United States government has taken an unprecedented 10% stake in Intel, marking a dramatic intervention in corporate America. The....

SoftBank to Invest $2 Billion in Intel Amid U.S. Tech Push

Japanese technology conglomerate SoftBank Group is set to take a $2 billion stake in American chipmaker Intel, marking another major....

Air Canada Flight Attendants Launch Strike, Thousands Affected

Air Canada flight attendants have officially walked off the job after negotiations with the airline failed. The strike, announced by....

Gildan Strikes $2.2B Deal to Acquire HanesBrands

Gildan Steps Up as the Buyer Gildan Activewear Inc., once rumored to be a takeover target, is now taking the....

Canadian Preference for Local Goods Eases, Says Metro CEO

The love for Canadian-made products, once surging, is now showing signs of slowing down, according to one of the country’s....

China Imposes 75.8% Temporary Tariffs on Canadian Canola

China has imposed steep temporary anti-dumping duties on Canadian canola imports, sharply intensifying tensions between the two nations. The Chinese....

Hudson’s Bay Rebrands Following Name Sale to Canadian Tire

The company, once behind the famous Hudson’s Bay department store, has officially changed its identity. The business and its subsidiaries....

U.S. and China Extend Tariff Truce for 90 More Days

President Donald Trump announced the decision on Monday via his Truth Social platform, confirming he had signed an executive order....

Canada to Launch New Agency for Affordable, Homegrown Housing

The Canadian government is moving forward with Prime Minister Mark Carney’s pledge to create Build Canada Homes, a new national....

B.C. Billionaire’s Plan for Bay Stores Sparks Landlord Backlash

A group of Canada’s top real estate companies is fighting to block B.C. billionaire Ruby Liu’s bid to take over....

Air Canada Flight Attendants Poised for Nationwide Strike

Air Canada’s cabin crew could soon walk off the job, with more than 10,000 flight attendants ready to strike if....

Air Canada Flight Attendants Plan Major Protest Over Pay

Flight attendants at Air Canada are gearing up for a nationwide show of frustration over their working conditions. On August....

RioCan Ends Support For Five Former Hudson’s Bay Sites

RioCan Real Estate Investment Trust has decided to stop funding five properties from its joint venture with the now-closed Hudson’s....

Over 40% of Canadian Homeowners Now Mortgage-Free, Says CMHC

Becoming mortgage-free is a major milestone in any Canadian’s financial journey. A growing number of Canadian homeowners are living without....

Amazon’s Attempt to Block Union at B.C. Warehouse Fails Again

Amazon’s efforts to stop workers from forming a union at its Delta, British Columbia, warehouse have failed once more. The....

Shopify Shows Strength Even as Tariff Pressures Mount

Despite the rising tensions in global trade, Shopify Inc. is proving it can hold its ground. The Ottawa-based e-commerce platform....

Claire’s Eyes Store Closures in Canada Amid Financial Crisis

Claire’s Stores Canada Corp. is preparing to shut down its Canadian operations after filing for creditor protection this week. Court....

Air Canada Flight Attendants Threaten Strike Over Pay Dispute

Tensions are rising at Air Canada as more than 10,000 flight attendants have voted overwhelmingly in favour of strike action.....

Canada Post Workers Reject Final Contract in Labour Dispute

The latest contract offer to Canada Post workers has been firmly rejected, pushing the long-running labour dispute into uncertain territory.....

US Cracks Down on Duty-Free Imports, Shein and Temu Hit Hard

In a move that could change how millions of Americans shop online, former President Donald Trump has officially scrapped a....

Tesla Hands Elon Musk $29 Billion in Shares Amid Turmoil

Tesla has granted its CEO, Elon Musk, a massive stock award worth approximately $29 billion, a bold move that comes....

Warren Buffett’s Berkshire Posts 4% Earnings Dip in Q2

Warren Buffett’s Berkshire Hathaway reported a nearly 4% dip in its second-quarter operating earnings, signalling a slight slowdown in the....

OPEC+ to Raise Oil Production by 547,000 Barrels a Day

In a strategic move likely to impact global fuel prices, the OPEC+ alliance of oil-exporting nations has decided to raise....

Jury: Tesla Owes $240M Over Fatal Autopilot Crash Verdict

In a landmark decision, a Miami federal jury has ordered Tesla to pay over $240 million in damages after its....

Canada Post Workers Say No To Latest Deal Amid Growing Tensions

Canada Post is once again at a crossroads after thousands of its workers voted against the latest contract proposal. The....

Trump Hikes Canada Tariffs to 35%, Blames Fentanyl Issue

In a bold trade move, U.S. President Donald Trump has raised tariffs on Canadian products from 25% to 35%, targeting....

Lion Electric Drops U.S. Warranties, Schools Left Stranded

Lion Electric, a Quebec-based manufacturer of electric school buses and trucks, has stopped honoring warranties on vehicles sold in the....

Weston Family to Donate Hudson’s Bay Charter Worth $12.5M

One of Canada’s oldest historical documents, the 355-year-old Hudson’s Bay Company Royal Charter, may soon be moving to a new....

Trump Slaps 25% Tariff on India Over Russian Oil Dealings

In a sharp turn that could rattle global trade dynamics, former U.S. President Donald Trump announced a 25% tariff on....

Canadian Tire Reshapes Workforce to Keep Pace with Change

Canadian Tire Corp. Ltd. has begun trimming its corporate workforce as part of a broader effort to refresh its business.....

Hudson’s Bay Warns B.C. Billionaire Lease Deal May Collapse

A new legal twist has emerged between Hudson’s Bay Company (HBC) and British Columbia billionaire Ruby Liu, threatening a multimillion-dollar....

TFI’s Profit Slows in Q2 as Demand for Shipping Slips

TFI International Inc., one of North America’s leading trucking and logistics companies, has revealed a fall in its profits for....

Air Canada Profits Dip as U.S. Travel Sees Sharp Decline

Air Canada has reported a noticeable dip in profits for the second quarter of 2025, largely due to a sharp....

Tariff Tensions Shake Canada's Homebuilding Industry

Canada's homebuilding sector is navigating a rough road this year, facing soaring material prices and a rocky supply chain—thanks largely....

US-EU Seal 15% Tariff Deal, Dodging Trade War Shockwaves

The United States and the European Union have finally struck a deal to settle a brewing trade standoff, agreeing to....

Canada's Crypto Ownership Faces Threat In $250M US Deal

A major shift in Canada’s cryptocurrency landscape is sparking concern as U.S.-based Robinhood Markets Inc. moves to acquire WonderFi Technologies—a....

Hudson’s Bay Strikes More Lease Deals While Facing Court Hurdles

Hudson’s Bay is making fresh moves to offload its store leases as it pushes through a messy legal and financial....

U.S. Approves Paramount’s $8B Merger with Skydance After Political Turmoil

The U.S. government has officially approved Paramount’s massive $8 billion merger with Skydance, marking the end of a dramatic chapter....

Trump Shocks With Support for Tesla as Stock Dives

In a surprising twist, former U.S. President Donald Trump publicly backed Elon Musk’s Tesla on Thursday, despite their long-standing, high-profile....

Rogers Pushes for Big Gains After Full Control of MLSE  Sports Empire

Rogers Communications is on a mission to unlock new value from its growing sports empire after officially becoming the majority....

Hilton Sees Brighter 2025 as U.S. Travel Shows Signs of Life

Hilton Worldwide has raised its full-year profit forecast for 2025, driven by early signs of recovery in U.S. travel demand,....

CN Rail Slashes 2025 Earnings Forecast as Trade Wavers

Canadian National Railway Co. (CN Rail) is taking a cautious step back from its earlier financial promises due to increasing....

Trump’s Golden Dome Eyes New Tech Partners as SpaceX Rift Grows

The U.S. government is shifting gears on its ambitious space-based missile defense project, the Golden Dome. Originally reliant on Elon....

Microsoft Issues Emergency Fix for SharePoint Server Flaw

Microsoft has rolled out an urgent security fix to stop hackers from exploiting a dangerous vulnerability in its SharePoint software.....

Stellantis Projects Massive $2.7 Billion Hit in 2025's First Half

Stellantis, the automaker behind Jeep and Ram, has announced a projected net loss of 2.3 billion euros (nearly $2.7 billion....

Anti-aging Millionaire Bryan Johnson Considers Shutting Down Company Blueprint

Bryan Johnson, a 47-year-old tech entrepreneur, has made headlines for his extreme efforts to slow aging. He launched Blueprint, a....

Canadians Divided Over Canada Post’s Future as Strike Looms

As Canada Post faces a possible strike, opinions from across the country reveal a clear divide in how people view....

Key Business Updates in Canada to Follow This Week

Here are five major business events unfolding in Canada this week that could impact everything from grocery prices to interest....

Netflix Stock Drops After Revenue Forecast Disappoints Investors

Netflix's shares slipped by over 4% on Friday after the company’s latest revenue forecast left investors underwhelmed. Despite strong anticipation,....

Canadian Postal Union Tells Workers: Say No To New Deal

In a bold move, the Canadian Union of Postal Workers (CUPW) is urging its 55,000 members to turn down the....

GOP Slashes $9B from Public Broadcasting and Foreign Aid: What It Means

In a tight vote split along party lines, the U.S. Congress has approved a Republican-backed bill cutting nearly $9 billion....

Canada Urges G20 to Push Back Against Global Economic Uncertainty

As trade tensions mount and global markets face growing instability, Canada has issued a strong warning to fellow G20 nations:....

Canada Increases Child Benefit Payments to Ease Family Expenses

Starting this Friday, July 18, 2025, Canadian families will see more money in their Canada Child Benefit (CCB) payments—welcome news....

Canada Post Workers To Vote On New Deal Starting July 21

Canada Post employees are heading to the polls — but this time, it’s not political. Starting July 21, about 55,000....

Canada Hits Back At China With Steep Steel Tariffs

Canada is taking bold steps to protect its domestic steel industry. On a visit to a Hamilton-based steel company, Prime....

McDonald's Canada Welcomes New CEO in September

McDonald's Canada is making a big leadership change this fall. The company announced that Annemarie Swijtink will become its new....

Rogers Rolls Out Satellite Texting to Bridge Canada’s Connectivity Gaps

In a move that could reshape how Canadians stay connected in remote regions, Rogers Communications Inc. has kicked off a....

US Grocery Prices See Shifts Amid Inflation, Weather, And Supply Issues

Grocery prices in the United States have been on a rollercoaster ride over the last few years. From the Covid-19....

China's Q2 GDP Growth Surprises Markets Despite Tariff Pressures

China’s economy delivered a positive surprise in the second quarter of 2025, expanding faster than expected despite global headwinds. According....

US Tomato Prices May Surge: Tariff Decision Sparks Anxiety Among Small Businesses

American consumers could soon pay more for tomatoes — not because of shortages, but due to new tariffs. Starting July....

Trump Sues California Over Egg Prices and Hen Welfare Laws

The Trump administration has filed a federal lawsuit against California, challenging state laws that require all eggs sold within the....

Aritzia Q1 profit, revenue soars from last year as company expands footprint

Aritzia Inc., the Vancouver-based fashion retailer, is seeing major gains south of the border. In its latest quarterly results, the....

Cineplex Box Office Hits $51.8M in June—Best Run Since 2019

Cineplex Inc. has posted strong results for June, pulling in $51.8 million in box office revenue. This marks a significant....

Former MLSE CEO Charged in U.S. for Fixing Texas Arena Bid

Tim Leiweke, the former head of Maple Leaf Sports and Entertainment (MLSE), has been formally charged by a U.S. federal....

Canadian Pharma Sector Worries Over as Trump Hints at 200% tariff

The Canadian pharmaceutical industry is expressing serious concern after former U.S. President Donald Trump suggested a massive 200% tariff on....

Hudson’s Bay Faces Legal Wrangle Over Ruby Liu Lease Deal

A high-stakes legal fight is brewing around Hudson's Bay as one of its key lenders, Restore Capital LLC, challenges the....

Amazon Faces Canadian Scrutiny Over Seller Pricing Policy

Amazon is once again in the spotlight—this time in Canada—after the country’s Competition Bureau secured a court order to dig....

Rishi Sunak Returns to Goldman Sachs as Senior Adviser

Goldman Sachs has brought former UK Prime Minister Rishi Sunak back on board, this time as a senior adviser. The....

Chinese Camera Company Challenges Ottawa's Shutdown Order

A major Chinese surveillance equipment company, Hikvision, is fighting back after Canada’s federal government ordered it to shut down its....

Trump Targets Global Trade With New Tariffs, Canada Unscathed

U.S. President Donald Trump has announced fresh tariffs on imports from several countries, launching a new wave in his ongoing....

Private Delivery Firms Take Over as Canada Post Faces Strikes

Private delivery giants like FedEx and UPS are gaining a firmer grip on Canada’s $17 billion parcel market, while Canada....

Quebec’s Corner Stores Vanish as Locals Struggle to Stay

For generations, small neighbourhood stores in Quebec—known as depanneurs—have been more than just places to grab snacks, lottery tickets, or....

Trump Warns of Extra 10% Tariff on BRICS Allies Amid Rising Global Tensions

Former U.S. President Donald Trump has threatened to impose an additional 10% tariff on any country that supports BRICS’ “Anti-American”....

U.S. tariffs on EU goods may shake the world’s top trade bond

The European Union is bracing for a crucial update from the United States on potential new tariffs that could deeply....

Ottawa in Talks with Rio Tinto Over Help Amid U.S. Tariffs

The Canadian government is in active discussions with global mining powerhouse Rio Tinto to offer financial support as the company....

Quebec Aluminum Plant Commits $1.5B in Upgrades After Power Agreement

A major aluminum plant in Quebec has just announced plans to pour at least $1.5 billion into its North Shore....

Canada’s Trade Gap Shrinks to $5.9B Amid U.S. Slowdown 

Canada’s trade deficit took a step back in May, dropping to $5.9 billion after ballooning to a record-breaking $7 billion....

Tesla Faces Second Year of Sales Drop: Can the Electric Giant Recover?

Tesla's sales have taken a sharp downturn for the second consecutive year, with a 13% drop in deliveries from April....

Microsoft Cuts 9,000 Jobs: Xbox and Sales Teams Affected

Microsoft has announced one of its biggest job cuts in recent years, letting go of around 9,000 employees across various....

Tesla Faces Another Sales Slump as Buyers Push Back

Tesla is staring down another disappointing year after it reported a second consecutive quarterly decline in vehicle deliveries. Despite efforts....

Tesla Shares Drop as Elon Musk and Donald Trump Clash Publicly

Tesla's stock price took a sharp tumble on Tuesday, driven by a heated public spat between Elon Musk and former....

Lululemon Sues Costco as Fashion 'Dupes' Spark Legal Feuds

Fashion Fakes Fuel Tension in Retail WorldCheaper lookalikes of luxury fashion items—known as “dupes”—are exploding in popularity, but not without....

Canada Marks Energy Milestone with First LNG Shipment to Asia

In a major turning point for Canada's energy sector, the country has officially sent its first shipment of liquefied natural....

Trump Slams AT&T After Glitch Delays Call With Faith Leaders

On Monday afternoon, former U.S. President Donald Trump took to his social media platform to vent his frustration over a....

Lululemon Takes Costco to Court Over Alleged Look-Alike Gear

Lululemon, the popular Vancouver-based athletic wear company, is taking legal action against retail giant Costco. The brand claims Costco has....

DHL Express Workers Approve New Deal, Strike and Lockout Ended

After nearly three weeks of disruption, over 2,100 workers at DHL Express Canada have voted in favour of a new....

Energy Commission Official Recommends Rethink Amid High Gas Prices And Industry Uncertainty

A leading California energy official is recommending a pause on Governor Gavin Newsom’s controversial plan to fine oil companies when....

Trump Shuts Down Canada Trade Talks Over Tech Tax Dispute

In a surprise move, former U.S. President Donald Trump announced Friday that all trade discussions with Canada are being halted....

Ottawa’s Fast-Track Bill C-5 Becomes Law Amid Protests

Bill C-5, the federal government’s new law aiming to fast-track major national projects, has officially become law — and it’s....

Ruby Liu Takes Over Her First Store from Hudson’s Bay in B.C.

Ruby Liu, a billionaire entrepreneur from British Columbia, officially took possession of a former Hudson’s Bay store at Tsawwassen Mills....

IKEA's Global Meal Deal Leaves Canadian Customers Wanting More 

Canada is excluded from the full weekday free kids’ meals offer IKEA has recently rolled out a global promotion aimed....

Decathlon to Shut 5 Stores in Greater Toronto This Summer

French sporting gear giant Decathlon is set to close five of its stores in the Greater Toronto Area (GTA) this....

Public Listing Rules May Ease as SEC, Exchanges Rethink Demands

America’s leading stock exchanges — Nasdaq and the New York Stock Exchange — are quietly working with the Securities and....

McDonald’s Joins ‘Economic Blackout’ Boycott Movement in U.S.

McDonald’s is the latest big name in the U.S. to be pulled into a growing grassroots boycott campaign. Led by....

Oilsands Output Set to Hit Record High Despite Market Swings

Canada’s Oilsands Gears Up for Major Growth S&P Global Commodity Insights has released a fresh report forecasting a record-breaking year....

Ruby Liu’s Big Retail Bet: Court Clears Her to Take Over 3 Hudson Bay Stores

Ruby Liu, a billionaire entrepreneur from British Columbia, just secured the green light to take over three former Hudson’s Bay....

New Nuclear Plan: New York Eyes First Plant in Over 30 Years

Governor Kathy Hochul Proposes New Nuclear Power Plant for Clean Energy Future New York might soon see its first new....

Fred Smith, FedEx Founder and Business Pioneer, Dies at 80, Leaves Big Legacy

Fred Smith, the man behind FedEx and a key figure in reshaping modern delivery services, passed away at the age....

Canada Transport Minister Freeland Voices Security Criticizes BC Ferries’ China Deal

Canada’s Deputy Prime Minister and Transport Minister, Chrystia Freeland, has publicly expressed strong disappointment over BC Ferries' recent decision to....

VIA Rail Reaches Deal With Unifor, Strike Averted

VIA Rail and Unifor have reached a tentative agreement, preventing a nationwide strike that could have disrupted travel for thousands.....

B.C. Mall Owner’s Plan To Buy 25 Hudson Bay Leases Faces Resistance

A major business deal involving Hudson’s Bay and a B.C.-based entrepreneur has hit a wall. Recent court documents reveal that....

B.C. Mall Owner’s Plan to Buy 25 Hudson Bay leases faces resistance

A major business deal involving Hudson’s Bay and a B.C.-based entrepreneur has hit a wall. Recent court documents reveal that....

Canadian Steel and Aluminum Industry Dismisses Carney’s U.S. Tariff Plan as Too Weak

Prime Minister Mark Carney’s recent announcement of a counter-tariff plan aimed at tackling U.S. trade restrictions has stirred disappointment among....

Canada Post Finalizes Deal with Rural Postmasters, Talks Ongoing with Main Union

Canada Post has successfully signed a new contract with its second-largest workers’ union, the Canadian Postmasters and Assistants Association (CPAA),....

Nippon Steel’s $15B Takeover of U.S. Steel Now Finalized

After months of political back-and-forth and national security scrutiny, Japan’s Nippon Steel has officially acquired U.S. Steel for nearly $15....

Saskatchewan to Extend Coal Use While Prepping for Nuclear Power

Saskatchewan’s government is taking steps to keep its coal power plants running longer before transitioning to nuclear energy. In a....

B.C. Mall Owner Offers $6M for 3 Hudson's Bay Leases

A mall owner in British Columbia is offering $6 million to take over three Hudson’s Bay leases in malls she....

Canada to Launch Open Banking Soon, Say Federal Officials

The federal government has promised to roll out open banking—also known as consumer-driven banking—at the “earliest opportunity”, as concerns rise....

Walmart Canada Slashes Prices on Essentials, But Is It Enough?

Walmart Canada has announced price cuts on hundreds of everyday items—but experts warn that customers should look beyond the tags.....

Mali Suspends Canadian Firm Barrick Gold for Six Months

In a dramatic move that has sparked global attention, a judge in Mali has suspended the operations of Barrick Gold....

Oil Expert Warns of Sharp Price Hikes if Iran-Israel Clash Grows

A sharp increase in oil prices could be on the horizon if the ongoing tensions between Iran and Israel continue....

Trump’s Nod to $14.9B Deal Sparks Surge in Nippon Steel Shares

Nippon Steel’s shares jumped on Monday after former U.S. President Donald Trump officially gave the go-ahead to its $14.9 billion....

Roots Stays Strong as Shoppers Stick Around Despite $7.9M Q1 Loss

Even in a tough economic climate, shoppers haven’t turned away from Roots. The Canadian clothing retailer reported a first-quarter loss....

WestJet Confirms Cyber Incident, Ensures Flights Remain Safe

Calgary-based airline WestJet has confirmed a cybersecurity breach affecting its internal systems, warning both the public and employees of potential....

Trump Backs Nippon Steel’s U.S. Deal—With Strings Attached

In a major development for the American steel industry, former U.S. President Donald Trump has officially signed an executive order....

British Columbia’s Rush On Rental Rules Triggers Booking Chaos

Thousands of Airbnb reservations across British Columbia are now hanging by a thread, as the short-term rental platform warns of....

Coinbase Adds Political Heavyweight as Crypto Gains Power

Coinbase, the biggest cryptocurrency exchange in the U.S., has just brought in a major name from American politics to guide....

U.S. Wholesale Prices Inch Up in May, Inflation Still Calm

Wholesale prices in the United States saw a slight increase in May 2025, signalling that inflation remains mostly under control.....

ArcelorMittal Shuts Hamilton Mill, 153 Jobs Lost

In a tough hit to Canada’s steel industry, ArcelorMittal Long Products Canada has announced the shutdown of its wire drawing....

Trump Hints at Rare Earth Deal, China Tariffs Hit 55%

U.S. President Donald Trump announced a possible breakthrough in trade talks with China, revealing that Beijing will speed up the....

Canada's Oil Still Fuels U.S., Says Cenovus Energy Chief

Despite former U.S. President Donald Trump’s repeated claims that America doesn’t need Canadian oil, the reality on the ground tells....

Canada’s Competition Bureau Seeks Public Opinion on Algorithm-Based Pricing

Canada’s Competition Bureau is inviting people to share their views as it investigates how companies are increasingly using computer algorithms....

GST Break on New Homes May Save Buyers $240 Monthly

A fresh housing proposal from Canada’s Liberal government might make homeownership more affordable for first-time buyers. A new report highlights....

Canada Post Rejects Union Proposal as Talks Collapse

Efforts to resolve a deepening dispute between Canada Post and its unionized workers have hit a serious roadblock. Canada Post....

DHL Canada Faces Worker Lockout as Union Tensions Rise

Delivery giant DHL Express has locked out over 2,100 workers across Canada, leading to a standoff with the union representing....

Tiff Macklem Hints at Big Changes for the Bank of Canada

Tiff Macklem, the governor of the Bank of Canada, made headlines this week—not just for holding interest rates steady for....

Canada’s Unemployment Rate Hits 7% In May, Highest Since 2016

In May, Canada’s unemployment rate climbed to 7%, marking the highest level seen in nearly a decade outside of the....

Engine Capital Opposes $9.1B Parkland-Sunoco Merger Plan

One of Parkland Corp.’s biggest investors is openly opposing its proposed US$9.1 billion merger with U.S.-based Sunoco LP. Engine Capital,....

Elon Musk's Billions At Risk Amid Clash With Donald Trump

Elon Musk, the world’s richest man, might soon face a painful financial setback—and it’s not due to technology, but politics.....

Canada Faces Record Trade Deficit of $7.1B in April

Canada has hit a historic low in its merchandise trade balance, posting a record-breaking $7.1 billion deficit in April, the....

Canada’s Trade Future Uncertain Under Trump’s Unpredictable Moves

Canada’s economic path is growing murkier by the day, and much of that confusion leads directly to Washington. Since Donald....

Alberta Backs Off Beer Tax Increase After Backlash and Tariff Pressure

In a surprising turn, Alberta's government has reversed its decision to hike taxes on beer producers — a move that....

Amazon Brings $10 Billion AI Project to North Carolina

Amazon is gearing up to build a massive $10 billion cloud computing and AI campus in North Carolina’s Richmond County....

Canada’s Steel & Aluminum Sectors Hit Hard by U.S. Tariffs

Canada’s steel and aluminum industries are under intense pressure after the United States sharply increased tariffs, doubling them to 50%.....

Canadian Tire Buys Hudson’s Bay Trademarks for $30 Million

Canadian Tire is now the proud new owner of Hudson's Bay's most iconic trademarks, following a judge’s approval on Tuesday.....

Trump Hikes Tariffs on Steel and Aluminum to 50%

Starting today, steel and aluminum coming into the United States will be taxed at a much higher rate. President Donald....

Disney to Cut Hundreds of Jobs Across Film, TV, and Finance

Walt Disney, one of the world’s biggest entertainment companies, is letting go of several hundred employees from its film, television,....

Canada Rakes in $617M More Import Tax Amid U.S. Tariffs

Canada pulled in over $1 billion from import duties in March alone — a sharp increase of $617 million compared....

June Rates Decision: Can Bank Of Canada Tame Turmoil?

The Bank of Canada faces a make-or-break decision this week. Its interest rate call, due Wednesday, has economists divided and....

What To Expect In Canadian Business This Week: Homes, Jobs & More

A new week brings key developments that could shape Canada’s economic outlook. From real estate trends to interest rate decisions,....

Canada Post Urges Minister to Push Vote on Final Offer

Canada Post has asked Labour Minister Patty Hajdu to step in and push for a nationwide union vote on its....

RBC Employees Asked to Return to Office Four Days Weekly

The Royal Bank of Canada (RBC) is asking its employees to return to the office four days a week beginning....

BRP CEO to Step Down After 22 Years as Tariff Fears Loom

José Boisjoli, the longtime head of powersports maker BRP Inc., has announced his retirement after more than two decades of....

Canada Post Offers Final Deal Amid $1.3B Annual Loss

Canada Post has revealed it lost nearly $1.3 billion in 2024, marking its seventh straight year in the red. The....

National Bank Rides Trading Boom to $896M Q2 Profit

The National Bank of Canada posted a second-quarter profit of $896 million, as strong trading activity helped the bank surpass....

U.S. Gets Final Say in Nippon's U.S. Steel Takeover

The United States government will have the final word on important decisions involving U.S. Steel once the company is acquired....

Hudson's Bay to Cut 8,300 Jobs as Stores Shut Down

Hudson’s Bay, one of Canada’s most iconic retail chains, is letting go of more than 8,300 employees by June 1,....

Ontario Court Approves $500M Loblaw Bread Pricing Deal

A judge in Ontario has approved a massive $500-million settlement in a long-running case accusing grocery giant Loblaw and its....

Canada Faces Urgent Call to Fix Housing and Productivity: OECD

Canada must act fast to improve housing affordability and worker productivity, according to a new report from the Organization for....

Canada Post Reviews Union's Offer, OT Ban Still On

The tense standoff between Canada Post and its workers’ union continues, with no immediate resolution in sight. After months of....

Trump Extends EU Trade Talks Deadline After Threatening 50% Tariffs

US President Donald Trump has agreed to push back the deadline for trade talks with the European Union (EU) until....

Hudson’s Bay Signs Deal to Hand Over 28 Leases to B.C. Tycoon

Hudson’s Bay, one of Canada’s oldest retail names, is preparing to hand over up to 28 of its store leases....

Trump Warns EU With 50% Tariff, Targets Apple at 25%

Former U.S. President Donald Trump is back in the headlines, shaking up global trade discussions with bold new tariff threats.....

Small Businesses Brace for Impact as Canada Post Strike Looms

Small business owners across Canada are bracing for tough days ahead as the threat of a Canada Post strike continues....

Stellantis Pushes Back Daytona R/T Launch Amid Tariff Worries

Stellantis has officially delayed production of the Dodge Charger Daytona R/T at its Windsor Assembly Plant, citing uncertainty over U.S.....

Canada Post Rejects Union’s Request to Delay Talks

Canada Post has turned down a two-week extension request from its workers' union, instead submitting new proposals to speed up....

Canada’s Inflation Slows to 1.7% After Gas Price Dip

Canada’s inflation rate dropped to 1.7% in April, a noticeable decline from 2.3% in March. The change follows the federal....

Elon Musk Plans Massive Tesla Self-Driving Rollout by 2026

Elon Musk has announced a bold new goal: he wants hundreds of thousands of Teslas driving themselves on U.S. roads....

Canada Post Strike Set for Friday, Postal Services at Risk

Canada Post is bracing for another major disruption as over 55,000 postal workers plan to go on strike starting this....

Tariffs, Economic Uncertainty Slowing Canadian Chill Cottage Market

The unofficial start of cottage season arrived with the May long weekend, but many Canadians are holding off on purchasing....

Tariffs to Blame as Prices Climb at Loblaw and Walmart

Shoppers across Canada and the United States may soon feel a pinch in their wallets. Grocery chains like Loblaw and....

April Inflation Slows to 1.6% After Carbon Price Cut

Canadians got a bit of relief at the gas pumps in April, and it’s starting to show in the country’s....

China Becomes Top Buyer Of Oil From Trans Mountain Line

In a major shift in global oil trade, China has become the biggest buyer of Canadian crude shipped through the....

Canada Post May End Home Delivery, Push For Weekend Jobs

As Canada Post teeters on the edge of another possible strike, a newly released report has sparked heated debate by....

Canadian Tire to Take Over Hudson’s Bay Brands for $30M

Hudson’s Bay — one of Canada’s oldest and most cherished names — is about to begin a new chapter. Canadian....

Global Economy Faces Downturn Due to Tariffs and Trade Fears, Warns UN

The United Nations has issued a sobering update: the world economy is expected to grow more slowly this year and....

Canadians Could Soon Pay More for Groceries, Says Loblaw CEO

Grocery prices in Canada might soon jump again, warns Per Bank, CEO of Loblaw Companies Ltd. The reason? Products that....

Walmart’s Earnings Preview: What’s at Stake for Shoppers & Investors

Walmart is set to announce its quarterly earnings before the markets open on Thursday. The report comes at a time....

Ontario Slashes Gas Tax, Taking Toll Off Highway 407 East to Cut Costs

In a bold move to ease financial pressure, Ontario is permanently cutting gas taxes and eliminating tolls on Highway 407....

Microsoft Layoffs 3% Workforce Despite Strong Profits and AI Push

Microsoft has begun cutting approximately 6,000 jobs—about 3% of its global workforce. These are the company’s largest layoffs since early....

Alberta Freezes Carbon Price To Protect Jobs And Industry

Alberta Premier Danielle Smith has announced that her government is freezing the industrial carbon price at $95 per tonne. This....

McDonald’s Plans to Hire 375,000 With Labour Secretary

McDonald’s is kicking off a massive summer hiring spree, aiming to bring 375,000 new workers on board across the U.S.....

Canadian Millionaires Demand Higher Taxes on Themselves

A group of Canadian millionaires is making headlines—not for dodging taxes, but for urging the government to tax them more.....

 ‘Take it to the next level’: Oil and Gas sector turns to AI tools

At Imperial Oil’s massive oilsands sites in Alberta, you’ll still spot traditional equipment like haul trucks and shovels—but now they’re....

Air Canada Lowers Financial Outlook Due To Decline In U.S. Bookings Amid Trade War

Air Canada has revised its financial forecast for the year, citing a sharp decline in bookings to the United States....

Hudson’s Bay Attracts 17 Bidders In Race To Take Over Iconic Retailer

Hudson’s Bay, Canada’s oldest department store chain, has received 17 formal bids from potential buyers looking to take over parts....

Canada’s Unemployment Rate Climbs To 6.9% In April

Canada’s jobless rate climbed to 6.9% in April, marking the highest level seen since before the COVID-19 pandemic, according to....

Cenovus Energy Shares Rise After Dividend Boost, Q1 Beat

Cenovus Energy Inc. saw its shares soar over 9% on Thursday after announcing stronger-than-expected first-quarter earnings and a bigger dividend....

No Insiders Bid for Hudson's Bay in Court-Led Sale

In a surprising development, court documents now confirm that none of Hudson’s Bay’s top executives or insiders have stepped forward....

Canada Turns to Global Markets as U.S. Trade Slumps

Ottawa — Canada is beginning to shift its trade focus away from the United States, turning instead to other international....

Canada Post Faces Potential Strike Again by End of May

Canada Post might be on the brink of another nationwide strike later this month. The temporary agreements between the postal....

Hudson’s Bay Restores Commission Pay But Refuses Severance

Hudson’s Bay Company has reversed its earlier decision to cut commission pay for hundreds of its beauty and fragrance advisers....

Retailers Push Urgent Sales as Tariffs Threaten Price Surge

Retailers across the U.S. are sounding the alarm, urging shoppers to grab their favourite products now before tariffs send prices....

Trump Spares Canadian Automobile Parts from Tariffs

The U.S. government has offered a major reprieve for the North American automobile industry. On Thursday, U.S. Customs and Border....

China Draws a Line: No Talks Without Tariff Rollback, Says Beijing

Beijing has made its position crystal clear. If Washington wants to talk, it must first act—by removing tariffs. On Friday,....

Ukraine Grants U.S. Access to Key Minerals in High-Stakes War-Time Agreement

In a landmark move, the United States (U.S.) and Ukraine have finalized a strategic deal granting Washington access to Kyiv’s....

Key Events to Watch in the Canadian Business World this Week

The Canadian business landscape is buzzing with key updates that could shape the economy in the coming days. Here are....

From Truck to SUV: Slate’s shape-shifting ride is here

Slate Automotive is going back to basics—literally. Its newest model is named just Truck. That’s it. But don’t let the....

The Beer Store Confirms More Closures Across Ontario

The Beer Store is shutting down five more retail locations across Ontario. Three of these stores are in the Greater....

Hudson’s Bay Begins Final Liquidation, Historic Sale Sparks Outcry

Hudson’s Bay, Canada's oldest company, is preparing to close its remaining six stores, marking the end of an iconic era.....

Hudson’s Bay Cuts Commissions During Liquidation Sales

Hundreds of Hudson’s Bay beauty advisers are reeling after the company abruptly cut off their commission pay just weeks before....

World Economic Forum Chairman Klaus Schwab Retires After 50 Years of Global Leadership

Klaus Schwab, the 87-year-old founder of the World Economic Forum (WEF), has stepped down as chairman. After leading the influential....

China Returns $55m Boeing Jet as Trump Tariffs Impact Trade

A Boeing 737 MAX originally bound for China’s Xiamen Airlines made an unexpected return to the US on Sunday. The....

China-U.S. Tariff War Rattles Trade Ties and Businesses

Chinese exporters are on edge as a sweeping tariff war with the United States threatens long-standing trade relationships. What started....

Trump’s Commerce Chief Says, Electronics Tariff Exemption Is Temporary

The U.S. government’s decision to temporarily exempt electronics like smartphones and laptops from tariffs may not offer lasting relief. The....

Hudson’s Bay Insider Bid Protocol Raises Sale Speculation

Hudson’s Bay Company (HBC) has taken a significant step in its ongoing creditor protection process. A new internal protocol shared....

Prada to Acquire Rival Fashion House Versace in €1.25 Billion Deal

In a major move reshaping the global luxury fashion landscape, Prada Group has officially announced its acquisition of Italian fashion....

Biggest Drop in Gas Prices Across Canada: What’s Behind the Relief?

Canadians have been noticing a welcome change at the gas pumps. Over the past few weeks, fuel prices have fallen....

Trump Pauses Reciprocal Tariff for 90 Days, Hits China Harder with 125%

President Donald Trump has announced a temporary relief in his sweeping tariff policy, pausing higher levies for 90 days on....

Wall Street Fears Another ‘Black Monday’ Amid Trump’s Tariff Shock

U.S. stock futures plunged Sunday evening, triggering fears of a repeat of Black Monday, as markets reacted sharply to President....

In Canadian Business This Week: Key Events to Watch

As Canada steps into a new business week, several developments are set to shape the national economic narrative. From politics....

Ontario Businesses Fined for Hiring 700 Unauthorized Foreign Workers

A major federal investigation has resulted in significant penalties for three Ontario-based businesses that were found guilty of employing hundreds....

Markets Brace for Turbulence and Recession Fears as Liberation Day Approaches

Investors are on edge as Liberation Day, set for April 2, nears. As the year's first quarter ends on a....

Tencent Invests €1.2B in Ubisoft Spin-Off to Expand Gaming Empire

Chinese tech giant Tencent has made a €1.2 billion ($1.25 billion) investment in a newly formed Ubisoft subsidiary, securing a....

Trump’s Auto Tariffs Hit Canada Hard: A Trade War Unfolds

The U.S. has imposed a 25% tariff on finished vehicles imported into the country, marking one of the most severe....

Quebec Budget 2025 -2026 Fights Trump Tariffs But Sinks Deeper Into Debt

Quebec's finance minister, Eric Girard, has unveiled a historic $165.8-billion budget, aiming to strengthen the province’s economy in response to....

Samsung TV Pioneer Han Jong-Hee Passed Away at 63

Samsung Electronics has lost one of its key leaders. Han Jong-Hee, the co-CEO who played a major role in shaping....

Trump Plans New Tariffs for Vehicles & Pharmaceuticals, Near Future

U.S. President Donald Trump has announced plans to impose tariffs on vehicles and pharmaceuticals, further expanding his aggressive trade policies.....

Key Business Events to Watch in Canada This Week

This week brings several major developments in the Canadian business world. From political campaigns to economic reports, here are the....

Hudson’s Bay Begins Liquidation, But Six Stores Are Spared

Hudson’s Bay, Canada’s oldest company, has received court approval to start liquidating most of its stores. The Ontario Superior Court....

U.S. Tariffs Could be an Uphill Battle for Canada’s Greenhouse Industry

A fresh wave of U.S. tariffs on Canadian imports has sent shockwaves through Canada’s greenhouse sector, which heavily depends on....

Google’s $32B Wiz Deal: A Game-Changer for Cloud Security

Google has announced its biggest-ever acquisition, agreeing to buy cybersecurity firm Wiz for $32 billion in cash. This massive deal....

PepsiCo To Acquire Poppi to Expand in Healthy Soda Market

PepsiCo announced on Monday that it will acquire the prebiotic soda brand Poppi for $1.95 billion. The move comes as....

Hudson’s Bay May Start Its Stores Liquidation As Early As Tuesday

Toronto – Hudson’s Bay, the retail giant, is battling for survival as it seeks court approval to begin liquidating its....

Hudson’s Bay to Liquidate Entire Business Without New Financing

The retail landscape in Canada is about to change drastically as Hudson’s Bay, the country’s oldest company, faces a looming....

Gold Soars as Market Jitters Shake Investors—What to Know

Gold prices have surged to unprecedented levels as global economic instability drives investors toward safer assets. This week, gold futures....

Job Security Fears Rise Among Canadians due to Trump Tariff

A new poll reveals that 40% of Canadians are anxious about job security as businesses slow down hiring due to....

Ontario Halts Electricity Surcharge Amid U.S. Trade Tensions

Ontario has put a hold on its plan to impose a 25% surcharge on electricity exports to certain U.S. states.....

Bank of America Cuts Investment Banking Jobs as Deal Activity Slows

Bank of America has reduced its investment banking workforce, including positions in New York, as part of ongoing adjustments in....

Cyprus’ Micro-Wineries Revive Commandaria, The World’s Oldest Wine

Commandaria, the world’s oldest recorded wine, has a history dating back nearly 3,000 years. Ancient Greek poets Homer and Euripides....

Key Business Events to Watch in Canada This Week

As the week unfolds, several crucial developments are expected in Canada's business landscape. From trade tensions to economic policies and....

Hudson’s Bay Seeks Creditor Protection Amid Financial Woes

Hudson’s Bay Co., Canada’s oldest retail chain, has filed for creditor protection, aiming to restructure its operations and stay afloat.....

China Targets 5% GDP Growth in 2025 Amid Tariff War with Trump

China has set its economic growth target at around 5% for 2025, Premier Li Qiang announced at the National People's....

China Hits U.S. Farm Imports with Extra Tariffs of up to 15%, Restricts Business

China has announced new tariffs on key U.S. farm imports and agricultural products and expanded restrictions on American companies, intensifying....

Canada Strikes Back with 25% Tariffs on U.S. Goods

Canada is hitting back after U.S. President Donald Trump’s steep tariffs on Canadian goods officially took effect. Prime Minister Justin....

Tooth Fairy doesn’t pay ‘em’ – Warren Buffett on Trump’s Tariffs

Legendary investor Warren Buffett has voiced concerns over former President Donald Trump’s tariffs, warning they could fuel inflation and impact....

Canada Post and Union Talks Stall Over Weekend Negotiations

Canada Post has accused the Canadian Union of Postal Workers (CUPW) of failing to make meaningful progress in resolving an....

Federal Minimum Wage to Rise to 2.4% Starting April 1

The Canadian federal government has announced an increase in the federal minimum wage, set to take effect on April 1.....

Trump Declares Energy Emergency, Pushes Fossil Fuel Expansion

Former President Donald Trump wasted no time dismantling his predecessor’s climate policies, declaring a national energy emergency on his first....

Nvidia’s Profits and Sales Soar as AI Demand Skyrockets

Nvidia has once again outperformed expectations, reporting a sharp rise in revenue and profit for the fourth quarter. The company’s....

Canadian Broadcasters Urge CRTC forRegulatory Changes Amid Streaming Disruption

Canada's traditional broadcasters and telecom companies are feeling the pressure as streaming services dominate the market. Industry leaders are now....

New CPP Payments to Roll Out Canada-wide on Wednesday. What Should Seniors Expect?

Canadian seniors can expect their latest pension payments from the federal government this week. The Old Age Security (OAS) and....

Temu Opens Doors to Canadian Sellers: A New Opportunity for Local Businesses

Temu Expands to Support Canadian Businesses Temu, the popular online marketplace, is now allowing Canada businesses to sell their products....

Tax Season 2025: Key Deadlines, Changes, and Expert Tips

It's that time of year again—gather your receipts and get ready to file your taxes! The Canada Revenue Agency’s (CRA)....

Key Business Events to Watch in Canada This Week

As the week unfolds, several major developments are set to shape Canada’s business landscape. From trade tensions to corporate earnings....

Canada’s $1 Trillion Wealth Transfer: A Shift in Economy and Society

Canada is experiencing a historic wealth transfer as baby boomers pass down assets to their children. Unprecedented Wealth Shift! According....

Trump Administration Targets California High-Speed Rail Funds

The California high-speed rail project is under renewed federal scrutiny, with transportation officials announcing an investigation that could lead to....

Canada to Finally have a High-Speed Rail Corridor between Quebec City and Toronto

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Ottawa Train Yards Faces Receivership Due to Owner's $39M Loan Default

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Disney settles lawsuit, resolves final dispute with DeSantis and his appointees

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Alberta Premier Danielle Smith spearheads energy 'war room' effort

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DeSantis appointees reconcile with Disney, approve new development deal

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National Bank acquires Canadian Western Bank for $5 billion

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Paramount Global halts merger talks with Skydance Media

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Ooma Rolls Out AirDial in Canada Amid POTS Transition

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Boeing Invests $240M in Quebec for Drones, Eco-Friendly Aircraft

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Walmart to Lay Off Hundreds in Corporate Restructuring

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LifeLabs Data Breach: Claimants to Receive $7.86 Each

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Northwest Jade Mining Ceases, All Mines to Shut in 5 Years

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Canada Post Ends Nunavut Shipping Loophole

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Canfor Shutdowns Cost Hundreds of BC Jobs

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Suncor Leases Aframax Vessels, Directly Sells Trans Mountain Crude

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Jefferies Warns TD Bank of Potential 'Lost Decade' in Money Laundering Scandal

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March Sees Canada's Merchandise Trade Deficit at $2.3B

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New Brunswick Tourism Minister Defends $22.5K Euro Trip Expenses Amid Criticism

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Federal Budget Allocates $50M to Guard Against AI Job Loss

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Vancouver's Top 10 In-Demand Jobs Bolstered by Immigration

Immigration plays a vital role in filling high-demand jobs across various sectors in Vancouver, attracting skilled professionals and enriching the....

Heated Conflict Emerges Between Parkland Crop. and Simpson Oil

Tensions persist at Parkland Corp. as the company rebuffs its largest shareholder's request to explore a potential sale. This development....

Canadian Airbus Employees Secure Tentative Deal

Airbus Canada has announced that it has reached a tentative agreement with the union representing workers at its assembly facility....

Alberta Distillery Seeks Apology Amid Backlash Over Jumbo Vodka Jugs

The T-Rex Distillery, located in Alberta, Canada, found itself embroiled in a controversy surrounding its four-litre vodka jugs, which garnered....

PBO: Canada Needs 1.3M More Homes by 2030

The Parliamentary Budget Officer (PBO) of Canada has highlighted a pressing need for the construction of 1.3 million additional homes....

CEO Mirko Bibic of Bell Canada Justifies Job Cuts in Commons Testimony

In Ottawa, members of Parliament are raising concerns about Bell Canada's decision to lay off thousands of employees, accusing the....

Freeland Suggests Possible Tax Hikes for Wealthy, Corporations in Budget

Finance Minister Chrystia Freeland has clarified that there won't be tax increases for the middle class in the upcoming federal....

Unraveling Discrepancies in Canadian Food Price Data

Canada's food price data accuracy has come under scrutiny as consumers perceive a disconnect between official reports and their grocery....

Ontario Premier Orders LCBO to Reinstate Paper Bags

Ontario Premier Doug Ford has instructed the Liquor Control Board of Ontario (LCBO) to immediately rescind its decision to discontinue....

Top 5 Canadian Business Trends for the Week Ahead

In the Canadian business landscape, several key developments are expected in the upcoming week, drawing attention from investors and analysts....

Canadian Shoppers Fight Back Against Drip Pricing Fees

In the realm of online shopping, many Canadians encounter a familiar frustration: agreeing to a purchase at one price, only....

North American Markets Soar Amid Divergent Jobs Data

Canadian and American markets experienced upward movement on Friday, with the TSX achieving a fresh all-time closing high, despite differing....

Canada's Permanent Residence Fees to Change on April 30, 2024

Immigration, Refugees and Citizenship Canada (IRCC) has declared an upcoming adjustment to certain permanent residence (PR) fees, effective from 9:00:00....

Ticketmaster, Live Nation Denied Appeal on 'Ticket Bot' Case

The Supreme Court of Canada has rejected an appeal by Ticketmaster and Live Nation, both facing class-action lawsuits across multiple....

Insights into Canada's Lucrative Elver Fishery

Two Mi'kmaq fishermen from Nova Scotia have found themselves at the center of controversy after being detained by federal fisheries....

Unifor Ends Strike at CN Autoport with Ratified Agreement

The weeks-long strike at a transhipment facility near Halifax has come to a close following the ratification of a three-year....

RBC Grows and Draws Attention with HSBC Canada Acquisition

Royal Bank of Canada (RBC) has cemented its position as the largest company in Canada following the successful completion of....

ICICI Bank Canada– Empowering Growth and Prosperity in the Canadian Economy

ICICI Bank Canada, serving Canadians since December 2003, shines as a beacon of excellence in the financial sector worldwide. The....

AugMentors' Career & Business Club: Your Path to Success

AugMentors, a respected educational organization, has introduced The Career and Business Club. It's a place where you can improve your....

ARR Home Solutions: The Expert Decor Mojo

Planning for an upholstering of your home? No need to dip your hopes for growing inflation! ARR Home Solutions an....

Law Professional Upholding Canadian Legal Excellence

Mina Patel CHCC Director is contributing to uphold Canadian legal standards with her multi-versed legal services. She is the driving....

Charlebois: Canada's Deteriorating Food Sales Reflect Growing Poverty

Canada appears to be transitioning into a "trading-down" market, a trend likely to continue. Recent statistics from Statistics Canada regarding....

Apotex Inks Deal to Purchase Montreal's Searchlight Pharma

In a significant move within the healthcare industry, Apotex, a leading drug company, has announced its acquisition of Searchlight Pharma,....

BMO slashes price targets for Canadian telecom giants

In recent trading, shares of prominent Canadian telecommunications companies witnessed a dip following adjustments to price targets and ratings by....

Innu Claim Quebec's Bad Faith in Petapan Treaty Talks

Three Innu communities in Quebec are expressing frustration with the provincial government, alleging bad faith in negotiations over the long-awaited....

Non-profits, Food Co-ops Extend Grocery Savings Amid Economic Strain

Many Canadians are seeking ways to save on groceries, and non-profits and food co-ops in several cities are offering alternative....

Key Events to Follow in Canada's Business World Next Week

In the upcoming week, several significant developments are anticipated in the Canadian business world, spanning various sectors. Firstly, attention will....

Quebec Tim Hortons Franchisees Sue Brand Owner for $18.9 Million

A group of Quebec-based Tim Hortons franchisees has taken legal action against the brand's owner, the TDL Group Corp., citing....

Ryan Reynolds Hit in Wallet as Wrexham Owes Celeb Owners $11M+

Canadian actor Ryan Reynolds is feeling the financial strain of owning a soccer club. The Welsh team Wrexham, purchased by....

Canada's Coal Exports Surge in 2023 Despite Delayed Ban

In 2023, Canada experienced a notable increase in its exports of thermal coal, reaching the highest levels in nearly a....

VCAN Sponsors Urbana Holi Event: Bringing People Together for Fun and Unity

VCAN is a best choice, if you are looking for the best support to start your career or education in....

Alberta Seeks Immigration Autonomy, Welcomes Ukrainian Refugees for Jobs

Alberta Premier Danielle Smith has raised concerns over federal immigration limitations, stating they hinder the province's capacity to address labor....

Delta, B.C. Marine LNG Jetty Project Clears Environmental Assessment

The Environment Ministry of British Columbia has granted approval for a marine jetty project in the city of Delta, designed....

Air Canada Showcases 2023 Achievements in Annual Report

Air Canada has released its 2023 Annual Report, detailing the airline's accomplishments over the past year. Alongside robust financial performance,....

Ontario's Deficit Soars to $9.8B Amid Sluggish Growth

In Toronto, Ontario's economic outlook is clouded by a projected $9.8 billion budget deficit for the upcoming fiscal year, a....

CRA Axes 232 Workers Over False $2k Pandemic Claims

In Ottawa, the Canada Revenue Agency (CRA) has taken decisive action against more than 200 individuals who were found to....

Nova Scotia Labor Market Remains Tight in Short Term

Construction and maintenance activity in Nova Scotia underwent some fluctuations in 2023, with a slight decline observed. The sector experienced....

Greek Prime Minister's Visit Highlights Canada's Economic Influence

Theo Argitis, former Ottawa bureau chief at Bloomberg News and current managing director at Compass Rose Group, emphasizes the significance....

Key Events to Monitor in Canada's Business Sector Next Week

Bank of Canada senior deputy governor Carolyn Rogers is scheduled to deliver a speech in Halifax on Tuesday, addressing the....

SaltWire Network's Creditor Protection Extended in Atlantic Canada

Nova Scotia's largest media company, SaltWire Network, has been granted an extension to its court order protecting it from numerous....

Port of Vancouver CEO Foresees Surge in Cargo Amid Red Sea Assaults

The Vancouver Fraser Port Authority's CEO, Peter Xotta, anticipates an increase in cargo traffic at the Port of Vancouver due....

Bank of Canada Deputy Governor Projects Quantitative Tightening to Cease by 2025

The Bank of Canada anticipates the conclusion of quantitative tightening by 2025, stated Deputy Governor Toni Gravelle during a speech....

Alimentation Couche-Tard's CEO Observes Decreased Visits from Cost-Conscious Shoppers

The CEO of Alimentation Couche-Tard Inc. highlighted that financially strained consumers with lower incomes are scaling back their visits to....

Major U.S. Settlement Could Shape Canadian Housing Market

A recent settlement by the National Association of Realtors (NAR) in the United States has raised hopes among real estate....

StatsCan reports ongoing decline in telecom prices

As members of parliament delve into the affordability of telecommunication services, Statistics Canada reports a continuous decline in cell phone....

Gildan Activewear Seeks Competing Offers Amidst Potential Buyer Interest

Gildan Activewear Inc., a Montreal-based clothing manufacturer, is considering selling its business after receiving interest from at least one potential....

Air Canada Vacations Appoints New Staff and Expands Team

Air Canada Vacations is pleased to announce the addition of new members to its Sales team, reinforcing its ongoing commitment....

Fairfax Makes Cash Offer for IDBI Bank Acquisition

Fairfax, under the leadership of Canadian billionaire Prem Watsa, has re-entered the bidding process for the acquisition of IDBI Bank.....

A business owner who relocated manufacturing from China to the U.S. now faces challenges and feels penalized for her decision.

Barumba Play, a Canadian company specializing in children's toy couches, is encountering unexpected challenges related to import tariffs after relocating....

Canadian Airbus A220 Employees Decline Contract, Weigh Strike Vote

Amidst the ongoing tensions between Russia and Ukraine, the situation has taken a significant turn with Russia's recognition of two....

Poilievre Responds to Carbon Price Hike, Criticizes Eby's Constituents' Financial Struggles

Conservative leader Pierre Poilievre has responded to comments from British Columbia Premier David Eby regarding his plea to halt an....

Experts Advise Vigilance Against Title Fraud

In recent years, incidents of title and mortgage fraud have been on the rise in Canada, causing concerns among homeowners....

Canada's Housing Starts Jumped 14% in February: CMHC

The pace of housing construction picked up in February, driven by increased activity in the apartment and condo sector, although....

Industry Minister offers reassurance amid TikTok security review concerns

OTTAWA - Canada's Minister of Industry, François-Philippe Champagne, reassures Canadians about using TikTok amid an ongoing national security review. He....

Six Foodtech Startups Receive $465K Funding from Canadian Food Innovation Network

The Canadian Food Innovation Network (CFIN) has allocated $464,518 to support six innovative foodtech projects through its Innovation Booster Program.....

 "B.C. First Nation, Western LNG Buy Gas Pipeline"

A British Columbia First Nation, in partnership with a Houston-based company, has announced the acquisition of a pipeline project primed....

"Musk Pulls Plug on 'The Don Lemon Show' After Debut Interview"

Elon Musk has unexpectedly pulled the plug on "The Don Lemon Show" on his social media platform X after the....

Flair Airlines Claims $25M Held Back by Financial Firm

Flair Airlines, a budget carrier, has accused a financial services firm of withholding approximately $25 million in funds. The airline....

Canada Airline Market Shrinks, Risking Fare Hikes.

In Montreal, Canada's airline industry is witnessing a significant shift as it heads towards consolidation, potentially leading to higher airfares....

Manitoba Eyes Minimum Wage Boost; Labor Group Pushes for Increase

Premier Wab Kinew announced on Wednesday that minimum-wage workers in Manitoba will see a raise of 50 cents per hour....

Reddit's Public Share Sale: Key Details

Reddit, the sprawling and often lively hub of online discourse, announced on Monday its initial public offering (IPO) stock pricing,....

Bitcoin ETFs: Accessible & Safe, Yet Risks to Consider

Cryptocurrency, often hailed as the future of investing due to its potential to combat inflation and introduce decentralization, has garnered....

Airbnb Bans Indoor Cameras Across Listings

Airbnb announced on Monday its decision to prohibit the use of indoor security cameras in listings on its platform worldwide....

Boardroom Equality Not Expected Soon: Canadian Chamber

A recent report from the Canadian Chamber of Commerce highlights the persistent underrepresentation of women in Canadian boardrooms, indicating that....

Boost for Indigenous Entrepreneurs: Fresh Federal Funding

The Canadian government has allocated $2.5 million to enhance an entrepreneurship initiative for Indigenous women and establish a similar program....

Lead in Cinnamon Prompts Recall: What to Know

Several discount retailers in the United States have recalled ground cinnamon packages following a warning from federal health officials about....

Key Canadian Business Highlights for the Week Ahead

Five key developments to monitor in the Canadian business landscape over the upcoming week: Household Debt: Statistics Canada is set....

Just for Laughs Operator Under $22.5M Debt, Will the Fun Continue?

Legal documents reveal that the organization behind the Just for Laughs comedy festival is in debt to the tune of....

Canadian Exporters' Forum Embraces Inclusivity for Women

Companies in the manufacturing sector are increasingly focusing on strategies to attract and retain female employees, recognizing the importance of....

Bank of Canada Maintains 5% Key Rate, No Rate Cuts Yet

The Bank of Canada has opted to maintain its key interest rate at five percent, emphasizing the persistence of underlying....

Ex-Google Engineer Accused of AI Secret Theft for Chinese Firms

A former Google software engineer faces federal charges for allegedly stealing trade secrets related to artificial intelligence (AI) while collaborating....

Dodge Revives Muscle Cars: Electric or Gas Charger

America's cherished muscle car culture, steeped in the roar of gasoline-powered engines, is evolving to embrace the age of electric....

Bitcoin Surges to Record Peak, Bouncing Back from FTX Scandal Blow

Bitcoin has reached a historic peak, marking a significant rebound from the fallout of the FTX crypto exchange collapse that....

Ottawa's green light for CN Rail hub in Ontario Scraped

A recent ruling by the Federal Court has overturned Ottawa's approval of a large rail-and-truck hub project in the Greater....

B.C. Judge Approves $14.4M iPhone Throttling Settlement by Apple

The British Columbia Supreme Court has greenlit a nationwide multimillion-dollar resolution of a class-action lawsuit against Apple concerning software updates....

Canadian Grocery Giants Extend Discounts Amid Tight Budgets

Canada's largest grocery chains are pivoting towards discount stores like No Frills, Food Basics, and FreshCo as consumers seek ways....

The Body Shop Canada Shuts 33 Stores, Ceases Online Sales

The Body Shop Canada has made the decision to close approximately one-third of its stores and discontinue online sales as....

Federal Housing Agency Ends First-Time Homebuyer Incentive

The Canada Mortgage and Housing Corporation (CMHC) revealed on Thursday the discontinuation of the first-time homebuyer incentive, an initiative launched....

Elon Musk Sues OpenAI & CEO, Alleges Betrayal

Tesla CEO Elon Musk has filed a lawsuit against OpenAI and its CEO Sam Altman, alleging a breach of contract....

TSX Gains Extra 100 Points; US Markets Hit Record Highs

In Toronto, Canada's primary stock index experienced a gain of over 100 points on Thursday, driven by increases in energy....

Billionaire-Backed California City Campaign Hits Rough Beginnings

The ambitious plan to construct an eco-friendly city between San Francisco and Sacramento, proposed by former Goldman Sachs trader Jan....

Stuck on a Fixed Salary? Tomorrow, Work Could Be Unpaid

Rohith Krishnan expressed disappointment upon discovering that he wouldn't be compensated for the additional workday during leap years. Typically, employers....

Fast Food Chains Embrace Dynamic Pricing & AI for Digital Orders

Fast food chains are increasingly delving into digital innovations, incorporating strategies like dynamic pricing and drive-thru voice bots, as well....

Cineplex Rakes in $40M from Online Ticket Fees Amid Drip-Pricing Lawsuit

Cineplex Inc. has garnered nearly $40 million in revenue from online booking fees, a focal point of a legal battle....

B.C. Minimum Wage to Rise by 65 Cents June 1

Starting June 1, minimum-wage workers in British Columbia will see their pay rise by 65 cents per hour to $17.40,....

Amazon Joins Elite Dow Jones Industrial with 29 Other Top Companies

Amazon.com Inc. is set to become a member of the Dow Jones Industrial Average, one of Wall Street's most longstanding....

Rewarding Purchases: Personalized Offers to Shape Grocery Shopping

Toronto - Diana Skakavac often searches grocery store loyalty apps for customized deals, especially for Tide laundry powder, a staple....

Tax Refund Time: Expert Advice for Maximizing Your Return

While filing taxes can be time-consuming, many Canadians anticipate a modest windfall during tax season in the form of a....

Alberta Regulator Greenlights Rockies Coal Mine, Plans Public Hearing

The Alberta Energy Regulator has initiated public hearings for a contentious open-pit coal mine in the province's southern Rocky Mountains....

B.C. Budget Deficit Rises Despite Zero Cuts, Opinions

Opinions on the 2024 British Columbia budget vary widely, reflecting divergent perspectives on its implications and priorities. Finance Minister Katrine....

Google Restricts AI Portrait Tool Amid Historical Accuracy Concerns

Google has decided to temporarily halt the use of an AI tool designed to generate images of people due to....

Suncor Sets Oilsands Record, Earnings Dip

Suncor Energy Inc. reported a fourth-quarter profit of $2.82 billion in 2023, slightly higher than the $2.74 billion recorded in....

Dollarama Offers $2.5M Settlement in Eco Fee Class Action

In Montreal, Dollarama Inc. has proposed a $2.5 million settlement in response to a class-action lawsuit, offering gift cards to....

Renters Likely Report Lower Quality of Life than Homeowners

Survey findings from Statistics Canada reveal that renters, particularly in Vancouver and Toronto, are more likely to express a diminished....

Feds Trim Carbon Rebates for Small Businesses

The federal government in Ottawa has decided to reduce the financial relief provided to small businesses from revenues generated by....

Economists Predict Inflation Dip, Housing Challenges BoC

As the Bank of Canada deliberates on the appropriate timing to initiate interest rate cuts, economists are debating whether this....

Capital One Acquires Discover: $35B Deal Unites US Credit Giants

Capital One Financial has announced its acquisition of Discover Financial Services for $35 billion, marking a significant consolidation within the....

Tax Filing Season Begins with Canadians’ Return Due, April 30

Tax filing season has officially commenced in Canada, with Monday marking the beginning of the period when Canadians can start....

Amcor workers' strike, could impact Quebec alcohol sales

Employees at Amcor, a global packaging company, have initiated temporary strikes in Quebec, with picket lines being set up starting....

What are the Canadian Business Trends Next Week?

Toronto - Five key developments to monitor in the Canadian business landscape during the upcoming week Inflation Figures: On Tuesday,....

OpenAI Unveils Sora: Text-to-Video Generator

The creator of ChatGPT has ventured into the realm of AI-generated video with the introduction of Sora, OpenAI's latest text-to-video....

TekSavvy Urges CRTC for Wholesale Fiber Access

TekSavvy, an independent telecom company based in Chatham, Ontario, emphasized the urgent need for the federal regulator to ensure fair....

Toronto App-Based Drivers Demand Fairer Pay, Improved Conditions

In Toronto, a recent study has unveiled disheartening revelations about the earnings of drivers associated with ride-sharing and food delivery....

Shoppers Ease Off: Retail Sales Dip 0.8% In January

In January, American consumers scaled back their spending more than anticipated, following the traditional surge during the holiday season. According....

Canadian Housing Market Sees Second Consecutive Sales Surge Amidst Declining Prices

Home sales in Canada saw a consecutive rise for the second month, accompanied by declining prices, as revealed by the....

Bell Urges For Condition On CRTC Wholesale Access, Telus Awaits Response

BCE Inc. is urging the Canadian Radio-television and Telecommunications Commission (CRTC) to impose specific conditions, including speed caps and initial....

BC Real Estate Assoc. Data Shows Upward Trend in Early 2024 Market

The BC Real Estate Association reported a substantial surge in home sales last month compared to January 2023, accompanied by....

Shopify Wrapped the Holiday Sale on a High Note

Shopify Inc. wrapped up 2023 on a high note, boasting robust revenue growth and profits despite ongoing consumer concerns about....

Remote Access to Transform the Auto Industry

The traditional image of a stranded driver grappling with car issues on the side of the road may soon shift.....

Bank of Canada Emphasizes Supply Boost for Housing Affordability

Canada's housing market remains a source of concern as home prices surge and affordability diminishes. Amid calls to alleviate the....

Toyota Urges Immediate Repairs for 7,300 Canadians Over Airbag Safety Concerns

Toyota Motor Corp. has issued a critical warning, urging owners of certain older vehicle models to cease driving immediately and....

Rent Prices Surge as Canada Experiences Record Low Vacancy Rates

Canada faced a significant surge in rent prices throughout 2023, attributed to an unprecedented shortage of available housing. The Canada....

Enbridge Plans Workforce Reduction to Lower Costs

Enbridge, a Calgary-based North American energy pipeline operator, announced its decision to decrease its workforce by 650 jobs in an....

Hong Kong Court Orders Liquidation of Chinese Developer Evergrande

A recent ruling by a Hong Kong court has mandated the liquidation of China Evergrande Group, a move poised to....

Adapting to Market Dynamics: Home Staging Companies Navigate a Sluggish Housing Environment

In the ever-evolving landscape of the real estate market, home staging companies find themselves at the forefront of adaptation as....

Unpacking 'Loud Budgeting,' TikTok's Latest Financial Trend Amidst Rising Prices

In the realm of personal finance on TikTok, a new trend called "loud budgeting" is gaining traction, swiftly surpassing previous....

Rona Inc. Implements Restructuring: 300 Job Cuts and Closure of Two Distribution Centers, Primarily Impacting Quebec

Rona Inc., a prominent hardware chain, has announced significant changes to its operational framework, aiming to enhance efficiency and reduce....

The Rise of Automation in Fast Food: Robots Taking Over Kitchen Tasks

In recent years, the fast-food industry has witnessed a significant shift towards automation, with robots increasingly replacing human workers in....

The Pervasive Presence of Gambling Ads During Sports Broadcasts Raises Concerns

In a joint effort between CBC's Marketplace and researchers from the University of Bristol in the UK, a recent study....

Panama Canal Faces Reduced Traffic Amidst Severe Drought

Amidst ongoing challenges for global shipping companies, the Panama Canal is compelled to limit ship crossings by 36%, exacerbating economic....

Alberta Securities Commission Imposes Sanctions on Edmonton Man and Crypto Company for Securities Law Violations

In a significant development, the Alberta Securities Commission has taken action against Devon Christopher Edwards, an Edmonton resident, and his....

Uniqlo Takes Legal Action Against Shein Over Alleged Copy of Popular 'Mary Poppins Bag'

Japanese clothing retailer Uniqlo has filed a lawsuit against rival Shein, accusing the Singapore-based retailer of producing an unauthorized replica....

Canadians Display Resilience in Economic Uncertainty: Bank of Canada Survey

In a recent survey by the Bank of Canada, it has been revealed that a significant portion of Canadians, approximately....

Canada's Largest Sugar Refinery Set to Open in Hamilton, Boosting Economy

A new sugar refinery is scheduled to open in Hamilton's port lands in 2025, aiming to become Canada's largest, with....

Soaring Gas Prices Push Inflation to 3.4%

Canada's annual inflation rate surged to 3.4 percent in December, marking an increase from the 3.1 percent seen in both....

Anticipated Increase in Canada's December Inflation Rate

Statistics Canada is gearing up to unveil its December consumer price index report on Tuesday. Economists predict that the report....

Economic Sentiments Diverge: Canadians Curb Spending Amid Uncertainty, Yet Mortgage Holders Display Confidence, Bank of Canada Survey Reveals

In a recent Bank of Canada survey, it has come to light that approximately two-thirds of Canadian consumers are opting....

The Stanley Quencher: A Social Media Sensation and Business Game-Changer

In a surprising turn of events, the Stanley cup, typically associated with NHL glory, has found an unexpected spotlight in....

Rising Disparities: Oxfam Warns of Trillionaire Emergence within a Decade

In its annual evaluation of global inequalities, Oxfam International has issued a stark warning, stating that the world could witness....

Flair Airlines Investor Calls $30M Lawsuit ‘Premature at best’

Miami-based 777 Partners, a significant investor in Flair Airlines, has labeled the $30-million lawsuit filed against it by aircraft leasing....

Aritzia Aims for U.S. Expansion to Keep Growth in Flow

Aritzia, the Vancouver-based apparel retailer, experienced a stock surge of over 20% on Thursday morning following improved financial performance, although....

Car Rental Giant Hertz Opts for Gas Cars over Electric Vehicles in the U.S.

On Thursday, Hertz Global Holdings announced its decision to sell approximately 20,000 electric vehicles (EVs), including Teslas, from its U.S.....

SEC Chair Refutes Bitcoin ETF Approval, Cites Hacked X Account

In an unexpected turn of events, the Securities and Exchange Commission (SEC) announced on Tuesday that a post from its....

Walmart Tries Out AI for Better Shopping Moments

Walmart experiments with AI to enhance customers' shopping experiences. Walmart has revealed plans to delve deeper into artificial intelligence (AI)....

Morguard Offloads 14 Hotels Across Canada for $410M

Morguard Corp. has announced the signing of an agreement to offload a portfolio of 14 hotels for $410 million, aligning....

Tiger Woods and Nike Part Ways After Over 27 Years

Tiger Woods has officially ended his iconic 27-year partnership with Nike, sparking speculation about the future for both the golf....

Potential Honda Electric Vehicle Plant Sparks Excitement in Canada's Automotive Landscape

Honda Motor Co is reportedly contemplating establishing an electric vehicle (EV) factory in Canada, according to Japan's Nikkei news group.....

Auto Market Outlook for 2024: A Snapshot of Canadian Vehicle Prices and Trends

As Canadians step into the new year, the landscape for purchasing new or used cars doesn't foresee a drastic change....

Florida Gets U.S. Approval to Import Meds from Canada

The Food and Drug Administration (FDA) has approved Florida's groundbreaking plan to import prescription drugs from Canada, to solve the....

Rate Cuts and Canadian Economy Revival: What Deloitte Predicts

Toronto - Deloitte Canada's latest forecast anticipates a return to economic growth for Canada in the second half of 2024,....

Walgreens cuts on dividend to boost funds for business growth

Walgreens, the major drugstore chain, is cutting its dividend by almost 50% in an effort to strengthen its financial position.....

Roger Communications Increase the Price Range for some Wireless Phones

Wireless phone users in Canada can expect an increase in their bills as Rogers Communications Inc. and Bell plan to....

Teck Wraps Up Sale of Coal Stakes to Nippon, Posco

Teck Resources Ltd. has completed its previously disclosed transaction to sell minority stakes in its coal business to Nippon Steel....

Calgary Homes Flying off the Market Amid Increased Demand from Newcomers

In December, the Calgary Real Estate Board reported a notable uptick in home sales, with 1,366 transactions recorded, reflecting a....

Tesla's 4Q Sales Soar Beyond Expectation, Despite Slower Electric Vehicle Growth

Tesla Inc. managed to boost its fourth-quarter vehicle sales by nearly 20% through significant price reductions, even as the broader....

Alberta brought back the surge while Manitoba made a pause on Gas Tax

While one province opts to alleviate the burden on motorists by temporarily halting the gas tax, another is resuming it.....

Gold Prices are Soaring amid Global Instability

Warehouse stores in Canada are expanding their product offerings beyond the usual bulk goods, with gold bars, coins, and other....

Negotiations for Viterra Contract Set to Continue in Regina After the New Year

Contract discussions are scheduled to recommence between Viterra and GSU Local 1 and 2 after the union turned down Viterra's....

Canaccord Fined with $475,000 for Failing in Trading Supervision

The Canadian Investment Regulatory Organization has confirmed a settlement involving sanctions against Canaccord Genuity Corp. regarding trading supervision. The subsidiary....

BlendJet Recalls Millions of Blenders in Canada Due to Fire Hazard and Laceration Risk

BlendJet is recalling millions of portable blenders due to potential laceration and fire hazards, after receiving dozens of injury reports,....

Osisko Mining’s Share Repurchase Program Renewed

Osisko Mining Inc. has received approval from the Toronto Stock Exchange for the renewal of its normal course share buyback....

New York Times takes OpenAI, Microsoft to Court for Copyright Infringement

The New York Times has taken a stand against what it perceives as a threat posed by artificial intelligence (AI)....

5 Things to Eye on in the Canadian Business 2024

In the business landscape of 2023, Canada witnessed a notable focus on the housing crisis, the battle against inflation, and....

Canada's Restriction on Overseas Buyers Failed to Lower Housing Costs

A year after it was introduced, the foreign buyers ban hasn't helped lower home prices, critics say. Kris Wallace and....

Grocery Bills Feel the Pinch as 'Skimpflation' Takes Hold in the Face of Soaring Inflation

Consumer analysts are cautioning customers about a new concern alongside food inflation and shrinkflation: skimpflation. Skimpflation occurs when manufacturers opt....

Mortgage Rates Take a Dip, Yet Renewed Loans Pose Potential Brake on Economic Acceleration

As Canadian lenders anticipate potential interest rate reductions by central banks like the Bank of Canada in 2024, borrowers could....

Harry Rosen, founder of Canadian menswear chain, dies at 92

The founder of Canadian men's clothing retailer Harry Rosen Inc., Harry Rosen, has passed away at the age of 92.....

First Quantum states Lack of Legal Grounds for Mine Closure Plan in Panama

Toronto - First Quantum Minerals Ltd. has expressed concern over the lack of a legal basis provided by the Panama....

Diamonds at Discount! Consumers are taking a Shine on Lab-Made Diamonds

More consumers are choosing lab-grown stones for savings, and sustainability. Evelyn Schaffer was left speechless seeing her engagement ring for....

BlackBerry Shares Take a Dive, Plummeting Over 10% Amidst Cost-Cutting Plans

The stock value of BlackBerry Ltd. declined by 13.5% following the release of its latest quarterly results, accompanied by statements....

Cardinal Capital Management Joins the Chorus Urging Chamandy's Return as Gildan CEO

Another shareholder of Gildan Activewear Inc. has expressed support for reinstating Glenn Chamandy as CEO. In a letter addressed to....

Thrift Store Serendipity: Woman’s $3.99 Vase Turns into $107,100 Auction Sensation

Thrifting luck struck gold for Jessica Vincent, a resident of Virginia, when she stumbled upon an Italian glass vase at....

Canadians Brace for Persistent Holiday Food Price Hikes Despite Inflation Slowdown

Canada witnessed a noticeable ease in the upward trajectory of grocery prices, signaling a slowdown in food inflation, as per....

Canada to bid Goodbye to Gas-Powered Vehicles by 2035

Canada is set to bid farewell to gas-powered vehicles as Environment Minister Steven Guilbeault unveils new regulations mandating the shift....

Price Growth Stalls: November Inflation Remains Steady at 3.1%

In Canada's ongoing battle against inflation, the latest data from the November consumer price index report released by Statistics Canada....

Apple Halts Sales of Certain Watches in the United States Amid Patent Dispute

If you're eyeing the latest Apple Watch Series 9 or Ultra 2 for your holiday wishlist, act swiftly. These sought-after....

Tuesday Deadline: Final Electric Vehicle Mandate Unveiled, Requires Doubling Sales by 2026

Canadian automakers have experienced a record-breaking year in electric vehicle (EV) sales, yet the challenge remains to nearly double these....

Quaker Oats Pulls Granola Items from Shelves Amid Salmonella Worries

Quaker Oats issued a recall on several of its granola items, such as granola bars and cereals, due to potential....

Week's Business Buzz: 5 Canada's Business Scene to Watch out

TORONTO - As the final trading week of 2023 unfolds on the Toronto Stock Exchange, attention is focused on several....

Macklem Anticipates 2024 as a 'Transition' Year with Economic Slowdown and Declining Inflation

Bank of Canada Governor Tiff Macklem anticipates that 2024 will be a transitional period marked by higher interest rates slowing....

Rogers Strikes Agreement with Rival Carriers for Wireless Access in TTC

After a year-long tensed negotiations and public disagreements, Canada’s major telecommunication carriers have reached an agreement to provide wireless coverage....

Tesla to Retrieve Over 2 Million Cars in the U.S. and Canada Due to Alertness Monitoring System Issues

Tesla is recalling over two million vehicles sold in the U.S. and 193,000 sold in Canada to address a faulty....

Major Canadian Banks Rank Lowest in Low-Carbon Finance Assessment

According to a recent report by BloombergNEF,  Canada's top five banks who are the major global energy financiers, rank poorly....

Toronto Entrepreneur Launches Coat Drive for Needy After Theft at Laundromat

A Toronto business owner in the Beach neighborhood took a compassionate turn after a regrettable incident at his laundromat. Alex....

Sam Altman Set for Return as CEO at OpenAI Following Controversial Removal

Company Tentatively Approves Partial Restructuring of Board That Previously Dismissed Him OpenAI announced on Tuesday that Sam Altman would be....

Impending January Strike Looms for Air Transat as 2,100 Workers Overwhelmingly Support Walkout

Air Transat flight attendants could strike as early as January 3, following an overwhelming mandate from over 2,100 workers who....

Newfound Power: Ottawa Grants Increased Autonomy to Newfoundland and Labrador in Offshore Wind Energy Initiatives

The Canadian federal government is streamlining the regulatory process for offshore wind power projects along the country's eastern coast, aiming....

General Motors Trims Electric Vehicle and Autonomous Car Ambitions Due to $10 Billion Impact from New Labor Agreements

General Motors (GM) has adjusted its course on electric vehicles (EVs) and self-driving cars, citing new labor agreements in the....

Autoworkers Give Thumbs Up to Agreements with Ford, Stellantis

The United Auto Workers union has officially approved new contracts with automakers Ford and Stellantis, marking the conclusion of negotiations....

Anticipate Food Price Drop in the Coming Year, but Standard Grocery Bills may still rise by $700.

A widely observed annual report on food prices anticipates a surge in the yearly cost for a family of four,....

Canada's Economy Contracts by 0.3% in the Third Quarter, According to StatsCan Report

Canada's economy faced a setback in the third quarter of the year, experiencing a contraction of 0.3%, as reported by....

Mastermind Toys Announces Closure of 18 Stores and Business Sale-off to Unity Acquisitions

Canadian toy retailer Mastermind GP Inc. has finalized an agreement to sell a significant portion of its business to Unity....

Holiday Shopping Season Shadowed by Fragile Economy as Consumers Hunt for Value

In Toronto, the festive season is in full swing with children sharing their Christmas wishes with Santa at malls adorned....

Higher Costs and Interest Rates Cited as Culprits for November Slump in Toronto Detached Home Sales

Toronto witnessed a substantial decline in the sales of detached houses and townhomes in the past month, and industry experts....

Bank of Canada Maintains Status Quo: Key Interest Rate Holds Steady at 5% amid Growing Speculation on Potential Rate Cuts Timing

As the year draws to a close, the Bank of Canada has opted for a steady approach, maintaining its key....