CIBC Sells Caribbean Unit for US$1.6B
CIBC sells its Caribbean division for US$1.6 billion to focus on North America. Despite strong Q2 earnings, shares drop nearly 4% as analysts note weaker growth in retail and U.S. commercial divisions.
Category : Business
Cyclist Seriously Injured in Calgary Collision
A cyclist suffered serious injuries after a traffic collision in southwest Calgary. Police are investigating the incident, which occurred on May 28, 2026.
Mother Struggles After Inflatable Display Damages Car
A Las Vegas mother of four faces a $500 insurance deductible after a large inflatable display from a smog shop crashed into her car during strong winds, leaving her financially strained.
Canada's Current Account Deficit Surges on Record Imports
Canada's current account deficit widened to $7.2 billion in Q1 2026, driven by record imports of gold and metals, while exports grew 3.9%.
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U.S., Mexico Start Trade Talks on Auto Rules
The U.S. and Mexico have initiated formal trade negotiations, focusing on automotive content requirements. Talks aim to resolve disputes under USMCA.
RCMP Charge Man with Arson After House Fire in Sask.
Saskatchewan RCMP have charged a man with arson following a fire that destroyed a home. The incident is under investigation, with no injuries reported.
BC Highway Patrol Busts Driver for Speeding and Open Liquor
A driver on a British Columbia highway was caught speeding excessively with an open liquor container, leading to vehicle impoundment.
Spring 2026 Finds: 15 Great Items for Warmer Weather
Discover 15 spring essentials for warmer weather, from fashion to home goods, handpicked by our shopping team. Embrace the season with these top picks.
4 Arrested in Casino Cheating Plot: B.C. Police
British Columbia's anti-gang unit arrested four individuals in an alleged casino cheating scheme, seizing approximately $330,000 in cash believed to be proceeds of crime.
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CAA Manitoba Reveals Worst Roads for 2026
CAA Manitoba has released its annual list of the worst roads in the province for 2026, highlighting infrastructure issues and safety concerns across Manitoba.
CMHC: Housing Starts Hampered by Regulations
Canada Mortgage and Housing Corporation reports that regulatory conditions and structural factors are holding back housing starts across the country, impacting supply.
Whistler Home Sells for $6.7M: Understated Luxury
A Whistler home at 3354 Peak Drive sold for $6.7 million, blending rustic charm with modern luxury. Features include vaulted ceilings, stone fireplaces, and forest views.
More Calgary Homes Selling at or Below List Price
In April, 77% of Calgary homes sold at or below list price, up from 70% a year ago, signaling a shift toward a buyer's market with price corrections across all housing types.
Cut taxes to bring Stanley Cup to Canada: report
A new study from the Montreal Economic Institute links high taxes in Canadian NHL markets to the 33-year Stanley Cup drought, suggesting tax cuts could help attract top talent.
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Bus driver charged with stunt driving with children aboard
A 56-year-old bus driver in southern Ontario faces stunt driving charges after allegedly going 100 km/h in a 50 km/h zone with children on the bus.
RBC CEO, TD Executive Praise Canadian Economy Resilience
RBC CEO Dave McKay and TD executive Ajai Bambawale highlight consumer resilience amid tariffs and economic uncertainty, with banks beating Q2 earnings expectations.
Carney Says Canada Strong Will Help Make America Great Again
Prime Minister Mark Carney delivered a conciliatory speech in New York, praising the U.S. and proposing a new economic partnership ahead of the CUSMA review.
CAA Reveals Manitoba's Worst Roads for 2025
CAA Manitoba announces the worst roads in the province for 2025, highlighting infrastructure concerns and driver frustrations across Manitoba.
Top Industries for Job Seekers in Canada
Discover which Canadian industries have the most job openings in 2026, from healthcare to tech. Expert insights and tips for job seekers.
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KFC Canada's Colonel Joins Habs Fans with Forum Seats
KFC Canada brings original Montreal Forum seats to restaurants, uniting fans with Colonel Sanders to support the Canadiens in the playoffs.
Jeff Burrows Ends 20-Year Drum Marathon: Reasons Revealed
Jeff Burrows, drummer for The Tea Party, has ended his annual Drum Marathon after two decades. Discover the reasons behind this decision and his legacy.
S&P/TSX Rises, US Markets Mixed in Late-Morning Trading
Canadian stocks edged higher while US markets showed mixed results in late-morning trading. The S&P/TSX composite index gained ground amid varied sector performance.
Truck Driver Charged in Fatal Brandon Crash
A truck driver has been charged following a fatal crash in Brandon, Manitoba. The incident resulted in one death and multiple injuries. Authorities continue to investigate.
Hamilton Banquet Hall Staff Accused of Blocking AGCO Inspection
Employees at a Hamilton banquet hall allegedly locked doors to prevent an AGCO inspection, raising concerns about regulatory compliance and public safety.
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Cambridge Car Crash Sends One to Hospital
A person was taken to hospital following a car crash in Cambridge, Ontario. Police are investigating the incident.
Calgary Housing Starts Down 60% in April
Calgary housing starts fell nearly 60% year-over-year in April, with apartment starts down 76% and single-family homes off 37%. Inventory surged to decade highs.
Four Teens Hospitalized After Whitby Crash, Two Ejected
Four teenagers were rushed to hospital after a serious crash in Whitby, with two ejected from the vehicle. Police investigate the incident.
Montreal Police Arrest 4 in $4.5M Real Estate Fraud
Montreal police have arrested four suspects in connection with a $4.5 million real estate fraud scheme. The arrests come after a lengthy investigation into fraudulent property transactions.
Toronto Weekend Road Closures and Transit Disruptions
Toronto will experience significant road closures and transit disruptions this weekend due to construction projects, including Gardiner Expressway demolition and Don River revitalization.
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Ottawa's 2025 Budget: $4.5B Spending Plan Unveiled
The City of Ottawa has presented a draft budget of $4.5 billion for 2025, detailing how taxpayer money will be allocated across various services and projects.
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