Shock-Absorber Trades Gain Traction Amid Iran War Uncertainty
As geopolitical tensions with Iran escalate, investors are increasingly adopting shock-absorber strategies to hedge against market volatility and economic unpredictability.
Category : Business
Toronto Man Arrested in $2.5M Investment Scam
A 40-year-old Toronto resident, Sergiy Shchavyelyev, has been arrested by York Regional Police for allegedly orchestrating a $2.5 million investment scam, defrauding multiple victims through deceptive financial schemes.
Counterfeit Cash Used in Kitchener Meetup, Police Probe
Waterloo Regional Police are investigating after counterfeit $100 bills were passed during a local buy-and-sell meetup in Kitchener, highlighting concerns over fraudulent currency circulation.
Vancouver Entrepreneur's Path from Media Startups to Podcasts
Jennifer Smith, a Vancouver media entrepreneur with seven startups, shares her journey from launching CTV Vancouver to founding Everything Podcasts, offering advice on intentional decision-making and differentiation in business.
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U.S.-Iran War Rattles Markets, Oil Prices Hit Two-Year High
European stocks and U.S. futures tumbled as the U.S.-Iran conflict fueled oil supply fears, driving crude to near two-year highs and slashing bets on interest rate cuts worldwide.
U.S. Job Market Stumbles: 92,000 Jobs Lost
In a surprising economic shift, U.S. employers eliminated 92,000 jobs last month, pushing the unemployment rate up to 4.4%. This unexpected contraction signals potential headwinds for the labor market.
Vancouver Home Sales Jump 46% in February, But Not a Turnaround
Residential resale transactions in Metro Vancouver increased dramatically from January to February, yet remain below last year's levels and historical averages, prompting experts to warn against premature optimism.
Calgary Gas Prices Surge Past $1.50/L Amid Oil Market Volatility
Calgary drivers face escalating fuel costs as global oil prices spike due to Middle East tensions, highlighting the economic double-edged sword for Alberta's energy-dependent economy.
VOGT's Canadian Kitchen and Bath Design Journey
Explore how VOGT, a Canadian-founded brand, has grown from modest stainless steel sink deliveries to over 5,000 products, emphasizing engineering integrity and wellness-focused design in the competitive kitchen and bath market.
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Alcohol Sales Decline Hits Government Revenue as Canadians Go Sober
New Statistics Canada data reveals a sharp 20-year drop in alcohol tax revenue as Canadians embrace mocktails and sober lifestyles, with beer and wine sales falling while canned cocktails rise.
U.S. Job Losses Hit 92,000, Unemployment Rate Climbs to 4.4%
American employers unexpectedly cut 92,000 jobs in February, with the unemployment rate rising to 4.4%, indicating ongoing labor market strain amid economic challenges.
Quebec Budget March 18: Girard's Historic Eighth Presentation
Finance Minister Eric Girard will table Quebec's annual budget on March 18, marking his eighth budget and a historic milestone. The budget aims for sobriety and targeted spending ahead of a leadership change.
GoldHaven Files NI 43-101 Report for Magno Polymetallic Project
GoldHaven Resources Corp. has filed an independent NI 43-101 technical report for its district-scale Magno polymetallic project in British Columbia's Cassiar district, highlighting exceptional mineralization results.
Wall Street Losses Continue as Iran War Drives Oil Up 6%
The seventh day of conflict in Iran rattles global markets, sending oil prices soaring and pushing Wall Street into another session of losses as investors brace for economic turbulence.
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Quebec Cheese Curd Designation Sparks Trade Debate
Quebec plans to grant protected status to cheese curds, raising questions about interprovincial trade barriers and cultural preservation in Canada's food industry.
Japan and Canada Strengthen Energy and Defense Cooperation
Prime Ministers Mark Carney and Sanae Takaichi announced expanded energy trade and military collaboration during meetings in Tokyo, focusing on LNG exports and joint defense exercises.
IMF: 60/40 Portfolio Collapse Raises Global Financial Risk
The IMF urges a rethink of risk management as the traditional 60/40 stock-bond portfolio fails, with both assets now moving together, increasing market volatility and systemic instability.
Oil Surges 20% as War Paralyzes Hormuz Shipping Traffic
Oil prices are heading for their largest weekly gain since 2022, with Brent crude climbing above $87 per barrel as Middle East conflict severely disrupts shipping through the Strait of Hormuz. Qatar's energy minister warns prices could reach $150.
QEW Fort Erie Lanes Reopen After Morning Closure in St. Catharines
The Fort Erie-bound lanes of the QEW in St. Catharines have reopened following an early-morning closure prompted by hazardous icy conditions on March 6, 2026.
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AltaGas Reports $205M Q4 Profit as Revenue Rises
Calgary-based AltaGas Ltd. announced a $205 million profit for the fourth quarter, with revenue showing a slight increase compared to the previous year, reflecting steady performance in the energy sector.
Domestic Metals Expands Smart Creek Copper Exploration
Domestic Metals Corp. has increased its exploration budget for the Smart Creek Copper Project in Montana following high-grade copper, gold, and silver surface results, with diamond drilling planned for April 2026.
Qatar: Gulf Energy Exports May Stop Within Days in War
Qatar's energy minister warns Middle East conflict could force all Gulf exporters to halt production within days, driving oil to $150/barrel and causing global economic damage.
Stocks Fall as Gulf Oil Supply Fears Rattle Markets
Global stock markets experienced significant declines as escalating tensions in the Gulf region sparked fears over potential oil supply disruptions, impacting investor confidence worldwide.
Private Jets Offer Escape from Gulf Amid Iran Conflict
As tensions with Iran intensify, wealthy individuals and diplomats in the Gulf are increasingly turning to private jets for evacuation, highlighting a surge in demand for alternative exit strategies.
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Saskatoon Overpass Damaged in Semi-Truck Collision
A semi-truck collision has caused significant damage to a Saskatoon overpass, prompting immediate safety assessments and traffic disruptions in the area.
Ottawa Office Experts in Dark Over Federal Return-to-Work Plans
Commercial real estate professionals in Ottawa express confusion as the federal government has not clarified its future office space requirements, impacting downtown vacancy rates and planning.
Three Injured in North York TTC Bus Crash
A vehicle collided with a TTC bus in North York on March 5, 2026, resulting in injuries to three individuals. The incident highlights ongoing traffic safety concerns in urban areas.
Hawkesbury Residents Protest High-Speed Rail Project
Residents in Hawkesbury, Ontario, gathered to oppose the Alto high-speed rail project, citing environmental and community impact concerns as legal arguments proceed in related cases.
Icy QEW Lanes Closed in St. Catharines, Ontario
A stretch of the Queen Elizabeth Way in St. Catharines has been shut down due to hazardous icy road conditions, impacting traffic and prompting safety warnings for drivers in the region.
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Women in Saskatchewan Agriculture Rise as UN Marks 2026 Year of Woman Farmer
Kirsten Oram exemplifies the growing presence of women in Saskatchewan agriculture, with census data showing a 6.5% increase since 2016. As International Women's Day approaches and the UN designates 2026 International Year of the Woman Farmer, her story h
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