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.
Category : Business
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%.
Canada's Wonderland Hiring 4,000 Seasonal Workers
Canada's Wonderland announces 4,000 seasonal job openings for the 2026 season, offering diverse roles in Vaughan, Ontario, as the park prepares for summer operations.
Anand in D.C. for U.S.-Led Critical Minerals Trade Zone Talks
Canadian Foreign Minister Anita Anand attends a key meeting in Washington, D.C., as the Trump administration advocates for an international critical mineral trade zone to bolster supply chains.
Alberta Eyes New Pipeline Routes for Asian Oil Markets
Alberta Premier Danielle Smith reveals five potential port options for a new oil pipeline to Canada's west coast, aiming to export an additional 1 million barrels daily to Asia amid federal trade diversification efforts.
Windsor-Essex Home Prices Drop in Latest Market Report
The average home price in Windsor-Essex has decreased, reflecting broader market adjustments. This analysis explores the factors behind the decline and what it means for buyers and sellers in the region.
Washington Post Lays Off One-Third of Staff
The Washington Post is implementing sweeping layoffs affecting one-third of its workforce, eliminating its sports department, and restructuring operations amid subscriber losses and internal turmoil.
GTA Home Prices Fall Below $1M Amid Market Weakness
The average price of a home in the Greater Toronto Area dropped under $1 million last month, with the Toronto Regional Real Estate Board forecasting continued market softness ahead.
Services Sector Downturn Accelerates in Canada
Canada's services sector experienced a sharp contraction in January, with the Purchasing Managers' Index indicating a deepening downturn amid economic pressures.
Cambridge Won't Ask for LRT Investment Reimbursement
The City of Cambridge has decided not to request reimbursement for its financial contribution to the ION light rail transit system, a major regional infrastructure project.
GTA Home Sales and Prices to Remain Stable in 2026
The Toronto Regional Real Estate Board projects GTA home sales between 60,000-70,000 transactions and average prices of $1M-$1.03M in 2026, with affordability pressures continuing to shape the market.
Washington Post Lays Off One-Third of Staff in Major Restructuring
The Washington Post is implementing significant workforce reductions, with one-third of its employees across all departments being laid off, as reported by The Associated Press in February 2026.
RBC Closing University of Ottawa Campus Branch
Royal Bank of Canada announces closure of its branch on University of Ottawa campus in February 2026, affecting students and staff banking services.
Teskey Named CEO of Brookfield Asset Management
Brookfield Asset Management announces Connor Teskey as new CEO, succeeding Bruce Flatt who remains chair and parent company CEO in planned leadership succession.
Teskey Takes Over as Brookfield Asset Management CEO
Brookfield Asset Management announces Connor Teskey as new CEO, succeeding Bruce Flatt who remains chair and parent company CEO in planned succession.
Chipotle, Mondelez Shares Slide on Weak Demand
Shares of Chipotle Mexican Grill and Mondelez International declined as both companies face challenges from softening consumer demand and increasing operational expenses, impacting their sales outlook.
Nasdaq Fast Entry Rule Aims to Speed Up Large Listings
Nasdaq has proposed a new 'fast entry' rule designed to expedite the inclusion of significant new listings, potentially streamlining market access for major companies.
Walmart Reaches $1 Trillion Market Cap Milestone
Walmart Inc. has joined the exclusive $1 trillion market capitalization club, driven by technological investments and appeal to value-conscious shoppers across income levels.
Page 101 of 351