SpaceX Cuts IPO Valuation Goal to $1.8 Trillion
SpaceX is targeting a valuation of at least $1.8 trillion for its IPO, down from earlier expectations above $2 trillion, as it prepares for a potential June debut.
Category : Business
Fed's Bowman Warns Energy Shock May Shift Policy Outlook
Federal Reserve Governor Michelle Bowman stated that a prolonged energy price shock could prompt a shift in monetary policy, emphasizing the need to monitor inflation risks closely.
Walker Road Closed After Crash in Windsor
A crash on Walker Road in Windsor has prompted a police investigation, closing the road. Details on injuries and cause are emerging as authorities work the scene.
Why Diversity in the Workplace Drives Profitability
McKinsey report shows diverse companies outperform competitors. Linda Schubring explains how inclusion boosts innovation, market reach, and compliance.
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Isabelle Hudon's BDC CEO Mandate Renewed Through 2030
BDC renews Isabelle Hudon as CEO until 2030, highlighting her leadership in expanding client base, launching major funds, and supporting Canadian SMEs amid tariffs.
Bus Hits Cars in Virginia, Killing 5 and Injuring 34
A passenger bus crashed into multiple cars on I-95 in Virginia, killing 5 people and injuring 34 others, according to state police.
Tin Rebalances, Investors Bet on Scarcity
Tin market sees rebalancing as supply improves, yet investors remain bullish on long-term scarcity driven by demand from electronics and green energy sectors.
Rising government debt threatens Canada's fiscal stability
Jack Mintz warns that rising government debt, driven by defence needs and demographics, poses a sovereign debt crisis risk for Canada despite current lower leverage than the US.
Windsor Office Vacancy Highest in Canada, Suburban Rate Improves
A new CBRE report shows downtown Windsor has Canada's highest office vacancy rate at 38%, while suburban vacancies decline to 12%, signaling a shifting market.
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Wealthsimple, Questrade Offer Pre-IPO Access to Retail Investors
Wealthsimple and Questrade are opening pre-IPO investing to ordinary Canadians, breaking the traditional barrier that limited such access to institutional and wealthy investors.
Ottawa Installs Speed Cushions at Former Photo Radar Spots
The City of Ottawa will replace former photo radar cameras with speed cushions and humps to enhance road safety and calm traffic in residential areas.
TheKiddoSpace Recalls Nine Products Over Safety Risks
TheKiddoSpace recalls nine children's toys due to chemical, strangulation, and choking hazards. Parents urged to stop use immediately.
Tomato Prices Surge 40% as Tariffs and War Drive Inflation
Tomato prices have soared 40% over the past year, driven by tariffs on Mexican imports and the Iran war, becoming a symbol of rising costs for consumers and businesses.
Tax on trailer fees hurts mutual fund investors: Dale Jackson
Dale Jackson argues that the new tax on trailer fees unfairly burdens mutual fund investors, adding to their financial challenges in a high-cost environment.
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Manitoba Passes Bill to Cut Tax on Some Food After Lengthy Debate
The Manitoba legislature has passed a bill to reduce the provincial sales tax on certain food items after extensive overnight debates, aiming to lower costs for consumers.
Barrie Man Charged After Crack Cocaine and Cash Seized
Barrie police arrested a man after a traffic stop on May 26, seizing suspected crack cocaine and a large amount of cash. Four individuals were taken into custody.
Jesta Group's $500M Condo Buying Spree Targets Toronto Market
Montreal-based Jesta Group launches $500M program to buy over 1,000 unsold condos in downtown Toronto, citing rental income potential and future price growth.
Mactaquac Dam closed to traffic this weekend
The Mactaquac Dam near Fredericton, New Brunswick, will be closed to all traffic over the weekend for maintenance and safety checks.
New Tecumseth CAO explores Japan business opportunities
New Tecumseth CAO Neil Garbe and Economic Development Manager Jasmine Danial visited Japan to explore business opportunities, meeting with officials at the Canadian Embassy.
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Westbank CEO Discusses Challenges and Future Plans
In a rare interview, Westbank founder Ian Gillespie addresses recent lawsuits and disputes, focusing on ambitious future projects despite setbacks.
Oakridge Park: Vancouver's Retail Evolution
Oakridge Park opens with luxury brands like Prada and Louis Vuitton, alongside local icon Aritzia, showcasing Vancouver's retail history and future.
High Fire Rating Threatens Cottage Campfires This Weekend
A high fire rating in Ontario could put a damper on cottage campfires this weekend. Officials urge caution as dry conditions persist, raising the risk of wildfires.
Canada Enters Technical Recession in Q1 2026: StatCan
Canada's economy contracted in Q1 2026, meeting the technical recession definition. Statistics Canada reports stalled growth amid global uncertainties.
GO Buses on Barrie Line This Weekend
GO Transit will operate shuttle buses instead of trains on the Barrie GO line this weekend due to maintenance work. Passengers should expect delays.
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Edmonton Weekend Guide: Baseball, Football, Drag Shows
Explore Edmonton's weekend events including baseball, football, and drag shows. Also: transit safety, housing crisis, and environmental news.
Gap, American Eagle fall on weak apparel demand
Shares of Gap and American Eagle dropped amid disappointing apparel demand, raising concerns about constrained consumer spending in the retail sector.
Canadians Oppose Some Polymarket Bets, Poll Says
A new poll reveals Canadians strongly oppose certain prediction market bets, like war casualties and political deaths, despite growing platform popularity.
Innisfil Beach Cruisers Car Club Returns for Summer Season
Innisfil Beach Cruisers, a family-friendly car club, resumes weekly Thursday night meets in Innisfil, Ontario, fostering community connections and showcasing classic rides.
Tomatoes Symbolize U.S. Affordability Crisis
Rising tomato prices highlight the broader affordability crisis in America, as inflation continues to squeeze household budgets across the nation.
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Appreciating Birds and the Kindness of Strangers on the Road
A journalist reflects on unexpected acts of kindness while birdwatching along the Bow River, from a stranger paying for his haircut to help with a flat tire.
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