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.
Category : Business
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.
Canada Pumps $3.5B into Critical Minerals Projects
The Canadian government is deploying $3.5 billion in funding and programs to boost critical minerals projects, including infrastructure upgrades and a sovereign fund, aiming to position Canada as a global alternative to China.
Airline Stocks Drop as Passengers Flee Middle East Conflict
Airline stocks have sharply declined as travelers scramble to leave the Middle East following escalating tensions, with flight cancellations causing widespread disruptions at airports like Beirut.
MR MIKES Hits 50+ Locations After 2025 Growth
MR MIKES SteakhouseCasual added seven new restaurants in 2025, achieving a 15% year-over-year increase and surpassing 50 locations across Canada. The 66-year-old brand is now targeting 100 units nationwide.
Bracebridge Advances Affordable Housing at Former Arena Site
The Town of Bracebridge is moving forward with a significant affordable housing redevelopment at the former Memorial Arena site in downtown Bracebridge, marking a key step in addressing local housing needs.
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Gold Retreats on Strong Dollar, Delayed Rate-Cut Hopes
Gold prices have retreated as a robust U.S. dollar and expectations of delayed Federal Reserve rate cuts weigh on the precious metal, impacting global markets and investor sentiment.
TSX, Dow Drop 1,100+ Points in Iran War Fallout
The TSX and Dow Jones plummeted more than 1,100 points as Middle East tensions disrupt global markets, with oil prices surging and international stocks facing steep declines.
Ottawa Gas Prices to Rise 6-12 Cents per Litre
Ottawa drivers face imminent gas price hikes of 6-12 cents per litre, driven by Middle East conflicts affecting global oil markets and local supply dynamics.
Aramco Eyes Red Sea Exports to Avoid Hormuz Strait
Saudi Aramco is considering shifting oil exports to the Red Sea port of Yanbu as Middle East conflicts disrupt Persian Gulf shipping, with Saudi production at 10 million barrels daily.
OC Transpo's Most Cancelled Bus Trips in February
New data highlights the bus routes with the highest cancellation rates for OC Transpo during a specific week in February, raising concerns about transit reliability in Ottawa.
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TSX Drops 1,000+ Points as Oil Prices Rise
The S&P/TSX composite index experienced a dramatic decline of over 1,000 points, while global oil prices surged, reflecting heightened market volatility and economic uncertainty.
Stock Sell-Off Worsens with Oil Surge in Iran War Fallout
Wall Street faces sharp declines as oil prices leap over 8%, driven by escalating Iran conflict and inflation concerns, impacting global markets and airline stocks.
Oil Surges as Middle East War Disrupts Shipping Routes
Global oil prices have jumped 18% in two days as conflict between the U.S., Israel, and Iran disrupts shipping through the Strait of Hormuz, threatening energy supplies and economic stability worldwide.
IEA Ready to Stabilize Oil Market Hit by Iran War
The International Energy Agency is prepared to help stabilize global oil markets following the Iran conflict, with member countries holding over a billion barrels in emergency stockpiles, according to a document seen by Bloomberg News.
Fatal Crash West of St. Paul: 2 Dead, 2 Injured
A tragic collision west of St. Paul has resulted in two fatalities and two individuals sustaining injuries. The incident underscores ongoing road safety concerns in the region.
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Norway Wealth Fund's First U.S. Renewable Energy Investment
Norway's massive sovereign wealth fund has announced its inaugural investment in U.S. renewable energy assets, marking a significant strategic shift toward sustainable infrastructure.
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