Montreal's Iconic Bay Sign Dismantled, End of Era
The historic Hudson Bay Company sign in downtown Montreal was removed on March 9, 2026, as workers dismantled the yellow letters from the landmark Phillips Square location.
Category : Business
Smoke Incident Halts Montreal Orange Line Service
Service on Montreal's Orange Line was suspended for over an hour after smoke was detected near Rosemont station. Fire officials confirmed smoke but no fire, with full service expected to resume by 1:45 p.m.
Iran War Shifts Rate Outlook, Hikes Expected in Canada
The conflict in Iran has dramatically altered global interest rate expectations, with investors now fully pricing in Bank of Canada rate hikes by 2026 and increased bets for earlier increases.
Canadian Rents Hit 33-Month Low Amid Supply Surge
Canada's average asking rent fell to $2,030 in February, marking a 33-month low due to reduced immigration and increased housing supply, offering renters a rare affordability window.
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Nova Scotia Gas Prices Change Third Time in a Week
Gasoline prices in Nova Scotia have been adjusted for the third time within just one week, reflecting ongoing volatility in the energy market. This rapid fluctuation impacts consumers and highlights broader economic trends in the region.
Putin: Iran War Triggers Energy Crisis, Russia Ready to Supply Europe
Russian President Vladimir Putin warns the Iran war has caused a global energy crisis, threatening oil transit through the Strait of Hormuz. He signals Russia's readiness to supply oil and gas to Europe if cooperation is long-term and non-politicized.
Keystone XL Revival: Pipe Dream or Realistic Possibility?
The potential revival of the Keystone XL pipeline sparks debate as unused pipe in North Dakota and existing infrastructure could provide a head start for new projects, while Alberta seeks to offload regulatory risks to U.S. companies.
Quebec Tribunal Orders Employer to Pay $10,000 to Union
A Quebec labour tribunal has mandated a repeat-offender employer to compensate a union with a $10,000 payment, highlighting enforcement of labour laws in the province.
Mexico Advocates CUSMA Refinement Over Major Overhaul
Mexican government consultations with key economic sectors conclude that the USMCA trade agreement should be strengthened through targeted improvements rather than a full renegotiation.
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Mayors Push for Alto Rail Alignment with Hwy. 401, Kingston Stop
Kingston Mayor Bryan Paterson leads a coalition calling for the federal government to route the proposed Alto high-speed rail line along Highway 401 and include a stop in Kingston, citing economic and connectivity benefits.
Guelph Man Loses $200K in Crypto Scam
A Guelph resident was defrauded of nearly $200,000 in a complex cryptocurrency investment scam, highlighting the growing risks of digital asset fraud.
Oil Market Watchers Weigh Impacts of Prolonged Mideast War
Experts are evaluating how a sustained war in the Middle East could disrupt global oil supplies, drive price volatility, and affect economic stability worldwide.
Coquihalla Highway Reopens After Crashes, Snow Warning Stays
The Coquihalla Highway has reopened following multiple collisions over the weekend, but a snowfall warning remains in effect for the region, creating ongoing hazardous driving conditions.
Canadian Rents Fall for 17th Straight Month to $2,030
A new report reveals that average asking rents in Canada have decreased for the seventeenth month in a row, reaching $2,030 in February, signaling a continued shift in the housing market.
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iA Financial Eyes Major U.S. Deals as AI Shakes Insurance Sector
Canadian insurer iA Financial Corp. is pursuing multibillion-dollar acquisitions in the U.S. life insurance market, leveraging $1.4 billion in excess capital. CEO Denis Ricard addresses AI disruption concerns while highlighting the firm's record valuation
Strait of Hormuz Closure Sparks Global Oil Crisis
The Strait of Hormuz, a critical chokepoint for nearly one-third of global marine crude traffic, is effectively closed due to conflict in Iran, causing oil prices to skyrocket above $100 per barrel and threatening worldwide inflation.
OneMove Pushes Board Overhaul at Sylogist Amid Performance Concerns
Activist investor OneMove Capital is pushing for four new directors at Canadian software maker Sylogist, citing mishandling of the cloud transition and a 55% share decline over two years.
Toronto Pothole Causes $2,000 Damage to Charity Organizer's Car
A Toronto charity organizer, Daniel Lauzon, reports $2,000 in vehicle damage from a city pothole, highlighting ongoing infrastructure issues in urban areas.
Highway 3 Closed After Serious Crash in Windsor
A major traffic incident has led to the complete closure of Highway 3 in Windsor. Emergency services are on scene responding to a serious multi-vehicle collision, with significant disruptions expected.
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Mexican Companies Eager to Keep CUSMA Treaty, Report Shows
A recent report highlights Mexican companies' strong desire to maintain the CUSMA trade agreement, emphasizing its critical role in North American economic stability and cross-border commerce.
Exiting Stock Market in Downturns: A Costly Mistake
Financial experts warn that shifting to lower-risk investments during market volatility can lock in losses and hinder recovery, especially for pre-retirees facing geopolitical uncertainty.
Oil Prices Soar After Iran Leadership Change and Attacks
Global oil prices have spiked to nearly $120 per barrel following Iran's appointment of a new supreme leader and increased military strikes, causing worldwide market turmoil and raising fears of a broader Middle East conflict.
Hudson's Bay Coat Collection Up for Sale in Auction
A collection of iconic Hudson's Bay coats, part of the company's historic artifacts, is being auctioned in Toronto, highlighting a piece of Canadian heritage and corporate history.
University Bridge Repairs After Third Fire in Four Years
Saskatoon's University Bridge faces repairs after a third fire since 2023 damaged sewer lines and disrupted traffic, with no immediate timeline for completion.
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Beekeepers Dread High-Speed Rail Impact on Honey Business
Gibbs Honey apiary in Vankleek Hill faces uncertainty as proposed high-speed rail corridor threatens bee health, agricultural land, and rural community connectivity in Eastern Ontario.
Mortgage Rate Anniversary Brings Renewal Challenges for Canadians
As mortgage rates hit historic lows five years ago, many Canadians now face significant payment increases upon renewal, with delinquency rates rising and homeowners seeking shorter-term solutions.
Live Nation Settles DOJ Antitrust Case
Live Nation reaches a settlement with the DOJ in an antitrust lawsuit, agreeing to open parts of its ticketing arm to third-party sellers and ease promoter access to its venues.
Manitoba Requires Free Menstrual Products at Work
Manitoba employers must now provide free menstrual products in workplaces, a new regulation aimed at enhancing gender equity and health access for employees across the province.
Five Years Since Mortgage Rate Lows: Renewal Reality Hits
As mortgage rates hit historic lows five years ago, many Canadians now confront steep increases upon renewal, with experts warning of payment shocks and rising delinquencies in hot markets.
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Live Nation Settles Antitrust Case with U.S. Justice Department
The U.S. Justice Department and Live Nation, parent company of Ticketmaster, have reached a settlement in a major antitrust lawsuit alleging monopoly practices in the live events industry.
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