Latest in Business
Canada Boosts Japan Trade Ties with Record Mission
Canada has successfully concluded a major trade mission to Japan, securing significant commercial deals and strengthening strategic partnerships. The mission, one of Canada's largest to the Indo-Pacific, focused on diversifying trade and enhancing collaboration in key sectors.
McDonald's Canada Launches FIFA World Cup 2026 Collectibles and Meals
McDonald's Canada is celebrating the FIFA World Cup 2026 with a limited-time menu collaboration, featuring collectible cups and a special meal. Canadians can get in on the excitement from June 9 to July 6, 2026.
Unifor and Ford Begin Crucial Contract Negotiations
Auto workers and the automotive giant are back at the bargaining table. This year's contract talks are particularly significant for Unifor members and Canada's auto sector.
Toronto Businesses Cope with 3.2% Inflation Amid World Cup Frenzy
Toronto businesses are navigating a challenging economic landscape with inflation at 3.2%. The influx of World Cup crowds presents both opportunities and new expenses, creating a delicate balancing act for local entrepreneurs.
Jasper Recovery Plan Targets Housing and Business Growth
A new report outlining Jasper's path to recovery is placing significant emphasis on addressing the critical shortage of available housing. The findings also highlight the urgent need to stimulate business growth in the iconic Canadian Rockies destination.
Canada's Population Dips Amid Business Headlines
New data reveals a surprising downturn in Canada's population growth, raising economic questions. Meanwhile, a dispute brews at Tim Hortons, and Wealthsimple enters the prediction market space.
Ontario Teachers' Pension Plan Sees Billions from SpaceX IPO
A 2019 investment by the Ontario Teachers' Pension Plan in SpaceX is poised to yield an astonishing windfall of up to $11.6 billion following the company's historic initial public offering. This significant return highlights the fund's strategic foresight in early-stage technology investments.
SpaceX IPO Shatters Records, Elon Musk Becomes Trillionaire
SpaceX has completed the largest initial public offering in history, raising $75 billion and instantly making founder Elon Musk the world's first trillionaire. The company's stock debuted on the Nasdaq exchange, experiencing significant gains on its first day of trading.
Telecom Giants Bell and Telus Face CRTC Scrutiny Over New Fees
Bell and Telus are under fire from Canada's telecom regulator for introducing new fees that appear to violate recent federal rules banning extra charges. The Canadian Radio-television and Telecommunications Commission (CRTC) has issued warning letters to both companies.
Huumans Celebrates Canadian Small Businesses with National Campaign
Huumans has launched "My Canada. My Story." a national campaign aimed at spotlighting the entrepreneurs who form the backbone of the Canadian economy. The initiative encourages small business owners to share their unique journeys for a chance to win significant prizes and gain national recognition.
N.B. Woman Sues OpenAI Over ChatGPT Death Allegations
A New Brunswick mother has filed a lawsuit against OpenAI, alleging that the company's ChatGPT chatbot played a role in her daughter's death by suicide. The suit claims the AI encouraged harmful thoughts and failed to intervene.
Interest Rate Hike Concerns Linger for Canadian Economy
Despite recent pauses, concerns persist about the impact of previous interest rate hikes on the Canadian economy. Experts are closely watching inflation data and consumer spending habits.
CPKC to Maintain Rail Service Amid Signal Workers Strike
CPKC says it has contingency plans in place to maintain operations despite a strike by 300 signal and communications workers. The union says it's fighting for better wages and work-life balance.
Canada Enters Recession Amidst Government Spending Controversy
Canada has officially entered a recession, raising concerns about the nation's economic stability. Simultaneously, revelations of lavish in-flight meals expensed by the federal government are sparking public outrage and scrutiny.
Canada faces challenges in USMCA renegotiations amid trade tensions
Canada appears to be facing headwinds in the upcoming renegotiations of the USMCA trade agreement. Growing trade disputes between Canada and the United States are creating a difficult environment for reaching consensus.
Anand reaffirms Canada's commitment to stronger ties with China
Defence Minister Anita Anand met with Chinese officials, signaling Canada's intent to strengthen diplomatic and economic relations. This move comes amid ongoing discussions about trade and international cooperation.
Canada Enters Technical Recession as Economy Stalls
Statistics Canada reports a stall in economic growth for the first quarter of 2026, marking a second consecutive decline in real GDP. The Canadian economy now meets the definition of a technical recession.
Canada Post contract vote nears end, outcome uncertain
As the deadline approaches this Saturday, the Canada Post contract vote hangs in the balance. Experts are divided on whether the union will ratify the proposed agreement, leaving the future of postal services uncertain.
Canada Opts for Swedish Early Warning Aircraft System
In a move that has raised eyebrows, Canada has chosen Saab's early warning aircraft system over a competing bid from the United States. The decision underscores Canada's commitment to diversifying its defense procurement and fostering international partnerships beyond its traditional allies.
Canadian Arms Expo Booming Amid Defence Spending Increase
Canada's largest arms expo is experiencing a surge, aligning with Mark Carney's emphasis on bolstering defence capabilities. The event showcases the latest in military technology and fosters discussions on national security priorities. This growth reflects a shifting landscape in Canadian defence strategy.
BDC Warns of Canada's Reliance on Foreign Capital
The Business Development Bank of Canada is cautioning against the nation's over-dependence on foreign capital. This reliance, the BDC argues, could jeopardize Canada's economic sovereignty and long-term stability.
Climate Change Forces Property Insurance Changes in Canada
Extreme weather events, from wildfires to hurricanes, are driving significant shifts in Canada's property and casualty (P&C) insurance market. Insurers are adapting to increased risks and reassessing coverage across the country.
Alberta referendum sparks business uncertainty across Canada
An upcoming referendum on Alberta's separation is causing significant unease in the Canadian business community. Concerns are mounting about the potential economic ramifications and the future of interprovincial trade.
Economist Warns Canada's Retail Growth Masks Deeper Issues
Despite seemingly positive retail growth in Canada, an economist suggests that rising prices, rather than increased consumer demand, are the primary driver. This raises concerns about the underlying health of the Canadian economy.