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.
Category : Business
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.
DOJ Settles Antitrust Suit Against Ticketmaster, Live Nation
The U.S. Justice Department has reached a settlement in its antitrust lawsuit against Ticketmaster and Live Nation, alleging an illegal monopoly over live events. Details remain confidential as the case aimed to dismantle practices accused of stifling com
Momentum Trading Collapses in Global Selloff
Momentum stocks face steep declines as the Iran war and AI fears trigger a market selloff, with major U.S. indexes turning negative for the year amid energy supply concerns.
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Momentum Trading Collapse in Global Market Selloff
A rapid unwinding of momentum trades has triggered a global selloff, with U.S. stocks turning negative for the year. The Iran war and AI disruption fears exacerbate market turbulence as energy prices surge.
Walmart's Affordable Tumblers Challenge Stanley, HydroFlask
Discover Walmart's selection of high-quality, low-cost tumblers and water bottles that mimic premium brands. These budget-friendly options offer stylish designs, excellent insulation, and versatile features, all priced under $30.
Oil Hits $100, Stocks and Bonds Slide in Global Market Turmoil
Global financial markets experience significant declines as oil prices surge above $100 per barrel due to Middle East tensions, triggering inflation fears and bond selloffs across major economies.
Confederation Line Spalling Issue Squeezes Capacity, Crowds Platforms
The ongoing spalling issue on Ottawa's Confederation Line continues to force reduced train capacity, leading to overcrowded platforms and passenger frustration as the city grapples with transit reliability challenges.
IMF Warns of Economic Fallout from Middle East Conflict
IMF Managing Director Kristalina Georgieva urges policymakers to prepare for 'unthinkable' scenarios as prolonged Middle East hostilities threaten markets, growth, and inflation globally.
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Historic Glasgow Building Fire Closes Central Station
A massive fire that destroyed a historic Victorian building in Glasgow has forced the closure of Glasgow Central Station, one of Scotland's busiest transit hubs, with no casualties reported.
E.C. Row Expressway Rolling Cleanup Underway in Windsor
A rolling cleanup operation is currently in progress along Windsor's E.C. Row Expressway, targeting litter and debris to enhance roadway safety and aesthetics for motorists and residents.
U.S. Justice Department, Live Nation Settle Monopoly Case
The U.S. Justice Department and Live Nation Entertainment have reached a settlement in a high-profile antitrust case alleging illegal monopolistic practices in the live event ticketing industry, according to an Associated Press source.
Stagflationary Forces Build Amid Labor Weakness, Oil Surge
The global economy faces mounting stagflationary pressures as weakening U.S. labor market data coincides with surging oil prices above $100 per barrel, driven by Middle East conflict and supply chain disruptions.
Ottawa Winter 2026 Real Estate Among Slowest in 10 Years
The Ottawa Real Estate Board reports that the winter 2026 housing market was one of the slowest in the past ten years, with significant declines in sales and listings across the region.
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Mink Ventures Completes Drilling at Montcalm Project
Mink Ventures Corporation has finished a 549-meter drill hole at its Montcalm Ni Cu Co project in Ontario, targeting a deep-seated mineral zone near Glencore's former mine.
Trump Administration Fires NTSB Member Without Explanation
A National Transportation Safety Board member who led investigations into major aviation disasters has been terminated by the White House without explanation, continuing a pattern of removals at independent agencies.
Trump-Backed Aureus Merges with Drone Maker Powerus
Aureus, a company supported by Donald Trump Jr. and Eric Trump, announces a merger with drone manufacturer Powerus, signaling a strategic expansion into the defense and technology sectors.
GE Aerospace Invests $1B to Boost U.S. Engine Production
GE Aerospace, the world's leading jet engine manufacturer, announces a major $1 billion investment to enhance production capacity across its U.S. facilities, strengthening domestic aerospace manufacturing.
Yardeni Raises Market Meltdown Odds to 35% on Iran War
Veteran strategist Ed Yardeni has increased the probability of a U.S. stock market meltdown to 35% due to escalating conflict in Iran, citing rising oil prices and inflation concerns.
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Oil Supply Disruption May Drag S&P 500 Earnings: Goldman
Goldman Sachs analysts caution that sustained disruptions in oil supply could negatively impact S&P 500 corporate earnings throughout the year, citing market volatility and rising energy costs.
Markets Plunge, Oil Spikes as Iran War Intensifies
Wall Street futures and global markets fell sharply Monday, with oil prices briefly hitting $120 per barrel due to escalating Middle East conflict threatening production and shipping.
Qatar LNG Expansion Delayed to 2027 After Iran Attack
QatarEnergy postpones its North Field East LNG project to at least 2027 due to a drone attack, impacting global supply and delaying a potential market glut.
Rising Oil Prices: Economic Risks for Canada
Oil prices surge past $100 per barrel due to Middle East tensions, sparking concerns about inflation and economic growth in Canada despite potential benefits for oil-producing provinces.
U.S. Stock Futures Point to Negative Open
Futures markets indicate a lower opening for U.S. stocks, influenced by global declines and geopolitical tensions. This follows a trend of volatility in financial markets.
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Go Diva Rideshare Focuses on Safety for Women and 2SLGBTQ+
Saskatoon entrepreneur Cheri Uthe launches Go Diva, a rideshare service designed primarily for women and 2SLGBTQ+ riders but open to all, aiming to provide safer transportation options with a focus on comfort and fair employment.
Acronis 2025 ESG Report Highlights Sustainability Progress
Acronis has released its 2025 Environmental, Social, and Governance report, showcasing measurable improvements in sustainability metrics, workforce development, and responsible AI implementation across global operations.
Pedestrian Struck by Vehicle in Longueuil, Hospitalized
A pedestrian was hospitalized after being struck by a vehicle in Longueuil on Montreal's South Shore. The incident highlights ongoing road safety concerns in the area.
Race-Based Hiring Practices Spread Across Canada
Canadian universities, government agencies, and research institutions increasingly implement race-based hiring policies, prioritizing specific racial and identity groups despite public opposition and official denials of quotas.
Oil Surges Past $100 as Iran War Forces Production Cuts
Brent crude oil prices skyrocketed 11% to over $103 per barrel, marking the largest daily gain since 1988, as Middle East producers cut output amid escalating conflict.
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Small Investors Buy Energy Stocks Amid Market Dip
Retail investors are seizing opportunities in energy stocks as geopolitical tensions drive oil prices higher and cause broader market declines, according to recent reports.
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