Feds Buy Ottawa Office Building for $148.2 Million
Public Services and Procurement Canada confirms the purchase of 131 Queen Street from Morguard Corp., a major real estate transaction in the capital's core.
Category : Business
Winnipeg Considers Major Transit Route Changes in 2026
The City of Winnipeg is set to review significant public transit route modifications aimed at improving efficiency and service across the urban network.
Montreal Transit Union Returns to Conciliation with City
The union representing Montreal public transport maintenance workers has resumed conciliation talks with the city, aiming to resolve ongoing labor disputes that could impact transit services.
Ottawa O-Train Safety Audit Approved but Delayed
A City Councillor urges Ottawa to audit safety issues on O-Train Line 1, with the audit approved but postponed until after full light rail service is restored.
Desjardins Expands Wealth and Capital Markets with $4B Capital
Quebec's Desjardins Group aims to expand across Canada, hiring staff and making deals in wealth management and capital markets, backed by over $4 billion in available capital.
Loblaw Q4 Revenue Rises 3.5% with E-commerce Surge
Loblaw Companies Ltd. reported a 3.5% increase in Q4 2025 revenue to $15.47 billion, driven by higher customer traffic and a nearly 20% jump in e-commerce sales.
Cargojet Earnings: Tariffs Dent Business, CEO Cites Dual Impact
Cargojet's latest financial results present a complex picture, with CEO Ajay Virmani highlighting how new tariffs are negatively affecting certain segments while other areas show resilience in the air cargo market.
BC Housing Drops Burnaby Supportive Housing After Protests
BC Housing has withdrawn a proposed supportive housing project in Burnaby after facing significant community backlash and protests, highlighting ongoing tensions over social housing developments in the region.
Cannabis Retailer Buys Property, Awaits Dispensary Cap Decision
A cannabis retailer in Saskatoon has purchased a downtown property, hoping Prince Albert will raise its cap on dispensaries, signaling potential expansion in the local market.
U.S. Official Greer Says Canada Has Ideas for Future Trade Deal
U.S. Trade Representative Jamieson Greer revealed that Canada has proposed several ideas for a potential future trade agreement, signaling ongoing diplomatic engagement amid global economic shifts.
Canada's IPO Market Revival with AGT, Apotex Deals
After years of stagnation, Canada's IPO market is showing signs of revival with AGT Food and Ingredients seeking $460 million and Apotex targeting up to $1 billion in public offerings.
Trump to Hike U.S. Tariff to 15% 'Where Appropriate'
U.S. Trade Representative Jamieson Greer announced President Trump will sign a directive raising the global tariff to 15% where appropriate, while seeking continuity with trade partners and honoring existing agreements.
Trump's Tariff Options Narrow Ahead of CUSMA Review
President Trump faces limited tariff authority after Supreme Court ruling, with new duties exempting CUSMA goods as legal challenges loom before trade agreement review.
Premier Moe to Lead Trade Mission to India with PM Carney
Saskatchewan Premier Scott Moe announces an upcoming trade mission to India alongside Prime Minister Mark Carney, aiming to strengthen economic ties and explore new opportunities for the province's key industries.
Privatization Proposed as Fix for Toronto's Transit Woes
Following the delayed and over-budget openings of the Eglinton and Finch West LRTs, columnist Matthew Lau advocates for private sector involvement to enhance accountability and efficiency in Toronto's transit operations.
Mortgage Options Narrow for Canadians Aged 55+
A new report reveals Canadians aged 55+ are encountering significant obstacles when refinancing mortgages due to income changes and stricter qualification rules, forcing many to consider alternative solutions like reverse mortgages.
UBS: Private Credit Defaults May Reach 15% in Worst Case
UBS strategists have revised their worst-case forecast for private credit defaults upward to 15%, citing fears of aggressive AI disruption in the corporate sector. The warning comes amid growing market anxiety.
Russia-Iran Oil Price War as Crude Piles Up in Asia
Russia and Iran are slashing oil prices to compete for limited Chinese buyers, causing a massive buildup of unsold crude in Asian waters as India reduces imports and China's capacity is maxed out.
OPEC+ Eyes 137,000 bpd Oil Output Rise for April
OPEC+ is reportedly considering a modest oil production increase of 137,000 barrels per day for April, according to Reuters sources, amid ongoing market volatility and geopolitical tensions.
Russia-Iran Oil Price War Intensifies for Chinese Buyers
Russian and Iranian oil producers are offering deepening discounts to compete for Chinese buyers after India reduced imports, leading to a buildup of unsold crude in Asian waters.
OPEC+ Expected to Resume Modest Oil Production Hikes
OPEC+ delegates anticipate the group will agree to resume modest production increases when it meets this weekend, despite warnings of a supply glut that hasn't yet impacted prices due to geopolitical risks and output disruptions.
Jasper Place Hotel Fire: Historic Loss or Renewal Opportunity?
The destruction of the long-abandoned Jasper Place Hotel in a fire has ignited a complex conversation among west-end Edmonton residents, balancing the loss of local history against potential for new development in the community.
Surrey Downtown to Get Thousands of New Homes in Major Projects
Two major development proposals in Surrey's downtown core could bring thousands of residential units and commercial spaces, though city staff have raised concerns about non-residential space requirements.
Surrey Greenhouse Manager Sued for $7M Over Fake Invoices
A long-time manager at Burnaby Lake Greenhouses in Surrey is being sued for over $7 million after allegations surfaced that he created fake invoices to a company he owned, with the scheme reportedly lasting over a decade.
Muskoka Brewery Unveils New Packaging for 30th Year
Muskoka Brewery reveals refreshed packaging designs across its core portfolio to mark three decades of brewing in Ontario's cottage country, featuring modern updates while honoring regional heritage.
Employers Struggle to Validate Self-Taught Skills in Canada
A new survey reveals Canadian employers are slow to adapt hiring practices as self-taught skills surge, with 52% of job seekers claiming online learning credibility but 61% of hiring managers still preferring formal education.
Globex Reports Drilling Progress at Duquesne West Gold Project
Globex Mining Enterprises announces initial results from Emperor Metals' 2025-2026 drilling program at Duquesne West, revealing extensive mineralization and potential resource expansion.
U.S.-Canada Trade Talks Set After Trump's Tariff Speech
U.S. Trade Representative Jamieson Greer announces upcoming bilateral meetings as President Trump defends tariffs in State of the Union address, signaling continued trade discussions between the two nations.
Edmonton House Under Construction Destroyed by Fire
A house under construction in Edmonton was destroyed by a fire on 104 Street between 112 and 113 Avenues on February 25, 2026, with firefighters responding to the scene.
Windsor Overpass Project Needs More Noise Exemptions
The Banwell Road and E.C. Row Expressway interchange project in Windsor requires further noise exemptions to proceed with construction, as officials address community concerns and regulatory requirements.
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