GTA Gas Prices Jump 12 Cents, Diesel Doubles
Gas prices in the Greater Toronto Area are set to rise 12 cents over two days, with diesel soaring even higher. Experts link the spike to global conflicts and pipeline blockades in Canada.
Category : Business
Three Charged in Markham Business Fraud Probe
Police have charged three people, including a Toronto woman, in connection with a fraud investigation at a Markham business, highlighting ongoing efforts to combat financial crimes in the region.
Leamington Businesses Hit by Seacliff Drive Construction
Major construction on Seacliff Drive in Leamington, Ontario, is causing significant disruptions for local businesses, with ongoing roadwork affecting customer access and operations.
Eagle Gold Mine Sale Advances After Storage Failure
BusinessYukon's Eagle Gold Mine is progressing toward a sale after a 2024 ore storage site failure disrupted operations, with stakeholders now focusing on a potential transaction to revive the project.
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Quebec Revokes Steps Driving School Certification
The SAAQ has revoked certification for Steps Driving School in Dorval and banned its owners from operating another driving school for five years due to failure to meet eligibility requirements.
SpaceX $1.75 Trillion IPO Valuation Justifiable: PitchBook
PitchBook analyst Franco Granda argues SpaceX's $1.75 trillion IPO target is justifiable with a 3-5 year horizon, citing Starlink growth, launch dominance, and direct-to-cell expansion.
Ottawa Buys $45M Hotel for Transitional Housing
The City of Ottawa has approved a $45 million purchase of a downtown hotel to convert it into transitional housing, with federal funding covering the cost through the Interim Housing Assistance program.
Oil Prices Soar 6% to Highest Since 2024 on Middle East Conflict
Global oil prices have jumped 6% to their highest levels since 2024, driven by escalating tensions in the Middle East. The surge impacts markets and raises concerns over energy security and economic stability worldwide.
Roots Announces Strategic Review That Could Lead to Sale
The iconic Canadian lifestyle brand Roots has initiated a strategic review that may include selling the company. Founded in 1973, Roots has hired financial and legal advisers to explore options.
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Sisson Mine Feasibility Study on Track, Says NB Premier
Premier of New Brunswick announces the feasibility study for the Sisson Mine project remains on schedule, with ongoing assessments in central New Brunswick.
Mideast War Drives Up Europe Gas Prices, Highlights Canada's Role
The ongoing conflict in the Middle East is causing a sharp increase in European natural gas prices, underscoring Canada's strategic opportunity to expand its energy exports and stabilize global markets.
Saskatchewan Gas Prices Rise Amid Iran Conflict
Saskatchewan motorists are preparing for increased gasoline prices as global oil markets react to escalating tensions in Iran, impacting local fuel costs.
Nova Scotia Adjusts Gas and Diesel Prices
Nova Scotia is implementing a price change for gasoline and diesel this Wednesday through its interrupter clause mechanism, affecting fuel costs across the province.
Toronto Streetcar Driver Struck by Vehicle, Hospitalized
A Toronto streetcar operator was taken to hospital after being hit by a vehicle on Adelaide Street. Police and transit officials responded to the incident, which occurred on March 3, 2026.
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Nova Scotia Craft Beer Industry Struggles Post-Closures
Microbreweries in Nova Scotia are grappling with a challenging recovery as several businesses have shut down, operating under the same stringent regulations as large-scale brewers.
Strait of Hormuz Tensions Rise Amid Iran Conflict
As the Iran conflict widens, global attention turns to the Strait of Hormuz, a critical oil chokepoint. Experts analyze potential impacts on energy markets and geopolitical stability.
Trump Announces U.S. Trade Cutoff with Spain
U.S. President Donald Trump declared a total cessation of trade with Spain during a White House meeting, marking a significant shift in international economic relations.
Canadian Dollar Holds Up as U.S. Dollar Surges, Energy Exports Shield
The Canadian dollar is outperforming other G10 currencies despite a surging U.S. dollar, thanks to Canada's status as a major energy exporter. While the loonie has declined slightly, currencies like the Japanese yen and Swiss franc have fallen more sharpl
Paramount Debt Downgraded to Junk After Warner Bros. Deal
Fitch Ratings downgraded Paramount's debt to junk status following its acquisition of Warner Bros., citing $79 billion in net debt and competitive pressures in the media sector.
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Windsor Mayor Calls Titan Tool & Die Situation 'A Damn Shame'
Windsor's mayor has publicly commented on the ongoing situation at Titan Tool & Die, describing it as 'just a damn shame' while addressing community concerns about the local manufacturing facility's circumstances.
Foreign Investment Rise Hides Economic Issues, Experts Say
While foreign investment in Canada shows growth, economists caution it may obscure underlying challenges like sectoral imbalances and domestic economic health, urging a nuanced analysis.
Gas Prices Rising, Future Unpredictable: Expert
A fuel industry expert explains that gas prices are increasing due to global conflicts and market volatility, but predicting the exact extent remains challenging.
Ontario Updates Critical Minerals Strategy Early Amid Global Changes
Ontario is revising its critical minerals strategy ahead of schedule to address shifting global supply chains and geopolitical tensions, adding high-purity iron and aluminum to its list.
Vancouver Home Sales Drop as Sellers Hold Off
Vancouver's real estate market saw a significant decline in home transactions during February, with sellers hesitating to list properties amid uncertain conditions, according to the local real estate board.
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Former Siksika Chief Joins ISP as Senior Consultant
Integrated Strategic Partners welcomes Chief Ouray Crowfoot, former leader of Siksika First Nation, as a senior consultant. Crowfoot brings executive leadership and financial expertise following his role in securing a historic $1.3 billion settlement.
Roots Retailer Explores Sale After Years of Struggle
Roots Corp., the iconic Canadian clothing brand, is conducting a strategic review that could lead to a sale, as the company faces thin profit margins and struggles to meet expectations since its 2017 IPO.
How to Prepare for Job Termination When Your Position Is at Risk
Employment law expert Howard Levitt outlines crucial steps employees should take when facing potential job loss, including document retention and legal precautions to protect their rights during uncertain economic times.
Ottawa Highway 417 Blocked by Wood Spill After Crash
A collision on Highway 417 at Pinecrest Road in Ottawa caused wood to spill across the highway, leading to significant traffic backups and disruptions on March 3, 2026.
Women Overlooked as Beneficiaries Despite Trusted Estate Roles
A new study reveals Canadian women are frequently appointed as executors and decision-makers in wills but are often excluded as beneficiaries, highlighting a significant disparity in estate planning.
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Semi-Truck Fire Causes Major Traffic Delays on Circle Drive
A dramatic semi-truck fire on Circle Drive in Saskatoon led to significant morning traffic disruptions, with emergency crews responding swiftly to contain the blaze and clear the roadway.
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