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Alberta's Economy: A "Genuine Exception" in Canada
Despite global economic pressures, Alberta's economy is showing a positive outlook, driven by high energy prices. A new report highlights Alberta as a "genuine exception" compared to the rest of Canada.
Dunkin' Donuts returns to Canada, starting in Toronto
Dunkin' Donuts is making a comeback to the Canadian market, starting with new locations in Toronto and Montreal. The move marks a re-entry for the popular coffee and baked goods chain after a previous unsuccessful venture.
Keyera Closes $5.3B Plains Acquisition Amid Regulator Challenge
Keyera Corp. finalized its $5.3 billion acquisition of Plains' Canadian NGL business, marking a significant expansion. However, the deal faces scrutiny from the Competition Bureau, raising concerns about market competition. The transaction aims to bolster Canada's energy infrastructure.
Canada and Ukraine Near Drone Deal: Zelenskyy
Ukrainian President Volodymyr Zelenskyy announced that Ukraine and Canada are working towards a drone agreement. This deal could significantly bolster Ukraine's defense capabilities amidst ongoing conflict.
Canada's Helium Industry Faces Policy Roadblock Despite Global Demand
While global disruptions boost demand for Canadian helium, industry leaders say federal policies are hindering growth. Saskatchewan pushes for fair tax treatment to unlock investment and secure Canada's role as a reliable supplier.
Capital flight threatens Canada's economic growth, experts warn
A new report suggests that capital flight is undermining Canada's fragile economic recovery. Economists are raising concerns about the long-term consequences for Canadian businesses and investments.
Canada Launches "Strong Fund" Sovereign Wealth Fund
The Canadian federal government has launched its first sovereign wealth fund, dubbed the "Canada Strong Fund," with an initial investment of $25 billion. The fund aims to invest in major Canadian projects in sectors like energy, critical minerals, and infrastructure. Some experts are questioning whether the fund is truly a sovereign wealth fund.
Canada's Job Market Stumbles: Unemployment Rises in April
Canada's economy experienced a setback in April, shedding jobs and pushing the unemployment rate to a six-month high. What's behind the concerning trend, and what does it mean for Canadians?
Bell Faces Scrutiny Over "Coffee Badging" Firings, AI Expansion
Bell Canada is under fire after dismissing employees for allegedly falsifying attendance, even as it aggressively expands its AI infrastructure. The firings raise questions about workplace policies amidst a push for return to office, while the AI investment aims for significant revenue growth.
Canadian Trade Surplus Soars as Shopify Shares Take a Hit
Canada's economy presents a mixed bag: strong trade surplus figures contrast with struggling Shopify shares. Keyera faces acquisition interest amid interest rate concerns and Carney's fiscal update.
Canadian Business Confidence Eroding Amidst Economic Uncertainty: Chamber Report
A new report from the Canadian Chamber of Commerce reveals that business confidence is waning as companies grapple with weaker demand and persistent uncertainty. The focus has shifted from expansion to risk management, impacting overall economic momentum.
Shopify's Q1 Revenue Surges Amid Broad Growth
Ottawa-based Shopify Inc. reported a robust 34% increase in first-quarter revenue, signaling continued expansion for the e-commerce giant. The company's success reflects the ongoing shift towards online retail and Shopify's pivotal role in supporting businesses of all sizes.
Keystone XL Pipeline's Replacement Edges Closer to Reality
TC Energy's Keystone XL replacement is nearing its commitment requirement, signaling potential progress for the controversial project. The pipeline aims to increase crude oil exports from Canada to the United States, but faces continued scrutiny.
Canada Announces $1.5B in Tariff Relief Amid U.S. Trade Strains
The Canadian government is offering $1.5 billion in tariff relief to businesses as trade tensions with the U.S. persist. This move aims to alleviate the financial burden on Canadian industries affected by ongoing disputes.
Tesla Lowers Model 3 Price in Canada with China-Made Cars
Tesla is shaking up the Canadian EV market. The company is offering a more affordable, rear-wheel drive Model 3, sparking debate about its origins and impact.
Fort McMurray Wildfire Remains Canada's Costliest Insured Disaster
The 2016 Fort McMurray wildfire continues to be the most expensive insured natural disaster in Canadian history. Updated figures highlight the significant financial impact and underscore the increasing risks associated with climate change.
Bank of Canada Holds Key Interest Rate Steady at 5%
The Bank of Canada announced today that it will maintain its overnight interest rate at 5%. This decision provides some stability for Canadian consumers and businesses amidst economic uncertainty.
Who will be Canada's Oldest Surviving Company After HBC?
With Hudson's Bay Company ceasing operations, the title of Canada's oldest company is up for grabs. Several contenders are vying for the crown, each with a rich history.
Canada Aims to Finalize Trio of Trade Deals This Year
International Trade Minister Maninder Sidhu says Canada is actively pursuing new trade agreements. The focus is on strengthening ties with Mercosur, ASEAN, and India to boost non-U.S. exports.
Montoni to offset carbon with nature-based program
Quebec-based Montoni, a real estate developer, is launching a nature-based carbon offset program. The program aims to address environmental concerns and promote sustainability in construction.
Air Canada Aeroplan Points Increase Impacts Long Haul Flights
Air Canada's Aeroplan program is set to increase award prices on June 1, 2026, with long-haul business class flights facing the steepest hikes. This change will affect Canadians planning international travel using their Aeroplan points.
LNG Canada Phase Two Inches Closer to Reality
The LNG Canada Phase Two project is gaining momentum, with a final investment decision expected later this year. Expansion would significantly increase Canada's LNG export capacity amid rising global demand.
LNG Canada faces scrutiny for black smoke flaring
The B.C. Energy Regulator has found LNG Canada to be non-compliant due to black smoke flaring at its Kitimat site. This raises concerns about environmental impact and regulatory oversight of the massive LNG project.
Markets rise despite oil gains, war uncertainty
Canadian and U.S. markets are showing resilience, climbing despite rising oil prices. Ongoing global conflicts continue to inject volatility into the energy sector, impacting investor sentiment.