Man Charged After Car Blocks TTC Queens Quay Tunnel
A Toronto man faces multiple charges after allegedly driving a stolen vehicle into the TTC's Queens Quay tunnel, causing significant service disruptions on downtown streetcar lines.
Category : Business
Suncor Hits Record Q4 Output Despite Weather
Suncor Energy reported record fourth-quarter production, overcoming significant operational hurdles posed by extreme weather conditions across its Canadian assets.
Glencore Fined $120K for Nickel Rim Mine Injury
Glencore Canada Corp. has been fined $120,000 by Ontario's Ministry of Labour following a serious workplace incident at its Nickel Rim South Mine in October 2023 that left a worker with significant injuries.
CAQ Won't Fund Horne Smelter Now, Citing Fiscal Priorities
The Quebec government has decided against providing immediate financial support for the Horne smelter in Rouyn-Noranda, emphasizing careful fiscal management amid broader economic pressures.
Washington Post Cuts One-Third of Staff
The Washington Post has announced a significant reduction of its workforce, eliminating approximately one-third of its staff positions. This move represents a major blow to the historic news organization.
Calgary High-Density Home Sales Decline in January
CREB's January 2026 housing data reveals a significant slowdown in higher-density home sales across Calgary, with increased inventory and declining benchmark prices affecting the market.
Washington Post Announces Major Layoffs and Restructuring
The Washington Post announced significant layoffs and restructuring, including closing its sports section and eliminating Books, drawing backlash from staff and former editor Marty Baron.
U.S., Mexico to Coordinate Critical Minerals Trade Policies
The United States and Mexico announce plans to develop synchronized trade policies for critical minerals, aiming to strengthen North American supply chains and reduce dependency on foreign sources.
Montreal Blue-Collar Workers Ready to Ramp Up Pressure Tactics
Montreal's blue-collar workers union warns of intensified pressure tactics if recent 24-hour strike doesn't spur progress in contract negotiations with the city over wage disputes.
AMD Suffers Worst Stock Drop Since 2018 on AI Outlook
Advanced Micro Devices shares plunged 16% after the chipmaker's sales forecast fell short of Wall Street expectations, despite strong quarterly results and promising AI deals.
Halifax Campaign Fights Property Tax Hike
A new grassroots campaign is mobilizing in Halifax to challenge the city's proposed property tax increase, citing affordability concerns for residents amid rising costs.
GO Train Track Repairs Mostly Done After Derailment
Metrolinx announces significant progress on GO train track repairs following Monday's derailment, which caused major signal system damage, as service restoration efforts continue.
Save Max Brokerage Accounts Frozen Over $2.7M Trust Breach
The Real Estate Council of Ontario has frozen bank accounts of four Save Max brokerages in Mississauga after discovering $2.7 million unlawfully disbursed from client trust accounts.
Ottawa Aims to Reset NCC Ties for Housing Projects
The City of Ottawa is pursuing a renewed collaborative relationship with the National Capital Commission to advance critical housing initiatives and development projects in the region.
Independent Toy Shops Fill Toys 'R' Us Canada Void
As Toys 'R' Us Canada closes its doors, local independent toy retailers across the country are preparing to expand and capture market share, offering personalized service and unique products.
Carney: Jivani Briefed Before Washington Trade Trip
Prime Minister Mark Carney confirms Conservative MP Jamil Jivani received government briefing ahead of Washington visit focused on trade and GM meetings amid U.S. tariff tensions.
Ex-IWK CEO Tracy Kitch to Be Sentenced for Fraud
Tracy Kitch, former CEO of IWK Health Centre, is set to be sentenced for fraud. The case highlights accountability in healthcare leadership and financial management.
RECO Freezes Save Max Brokerage Accounts Over $2.7M
The Real Estate Council of Ontario has frozen bank accounts of four Save Max brokerages, alleging $2.7 million was unlawfully disbursed. Regulatory action highlights oversight in real estate sector.
Toronto Home Prices Fall Below $1M as Market Slows
Toronto's housing market experienced a significant slowdown in January 2026, with average prices dropping below $1 million and sales declining nearly 20% year-over-year according to TRREB data.
Trump Warns Canada on China Trade, Discusses Iran with Xi
Former US President Donald Trump issues a trade warning to Canada while revealing discussions with China's Xi Jinping on Iran, as the US seeks to isolate Tehran globally.
TSX Down, U.S. Markets Mixed in Late-Morning Trading (04.02.2026)
The S&P/TSX composite index declined during late-morning trading on February 4, 2026, while U.S. stock markets presented a mixed performance amid ongoing economic uncertainties.
GTA Home Prices to Drop Further in Early 2026: TRREB
The Toronto Regional Real Estate Board predicts continued price declines for GTA homes in early 2026, with first-time buyers comprising 45% of purchasers amid improved affordability and increased inventory.
Gold Bugs Right on Price, But Bank Conspiracy Theory?
Gold bugs accurately predicted gold hitting US$5,000 per ounce, but now claim big banks manipulate prices through futures trading, sparking renewed debate.
Churchill, MB Trade Hub Plans Raise Local Worries
Manitoba Premier Wab Kinew addresses Churchill residents' concerns about the town's potential transformation into a global trade hub, emphasizing community needs.
Ex-Post Editor Slams Bezos Over Newsroom Layoffs
Marty Baron, former Washington Post editor, criticizes Jeff Bezos for massive layoffs and policy changes, calling it a betrayal of journalistic values and a dark chapter for the newspaper.
Millar Avenue Project Deferred Over Mixed Reviews
Saskatoon's transportation committee defers Millar Avenue reconstruction after mixed reviews. Safety concerns clash with business impacts at busy north end intersection.
Brookfield Near Deal to Sell London's CityPoint Office Tower
Brookfield Corp. is in exclusive talks to sell London's CityPoint office tower for approximately £455 million, signaling renewed investor confidence in London's commercial real estate market amid rising rents.
U.S. Oil Inventories Fall, Gasoline Rises: EIA Data
The U.S. Energy Information Administration reports a weekly drop in crude oil and distillate inventories, while gasoline stocks increased, reflecting shifting energy market dynamics.
Churchill's Trade Hub Future Needs to Work for People: Premier
Manitoba Premier Wab Kinew emphasizes that Churchill's potential as a global trade hub must benefit local residents, highlighting community concerns during a recent visit to the northern port town.
Toronto Home Sales Plunge Nearly 20% in January
Toronto's housing market experienced a significant slowdown in January 2026, with home sales dropping nearly 20% year-over-year, prices declining, and new listings falling over 13%.
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