Three Warning Signs of Mortgage Default Identified
Bank of Canada research reveals three key patterns that precede mortgage delinquency, as residential mortgage debt reaches $2.4 trillion, representing 74% of household debt.
Category : Business
Capital Gains Deferral as Productivity Tool for Canada
Kim Moody argues that capital gains deferral mechanisms could unlock trapped capital and boost Canada's lagging productivity, drawing parallels to international models like Estonia's reinvestment-friendly system.
JPMorgan Hires Scotiabank's Innovation Head for Canadian Tech Expansion
JPMorgan Chase has recruited David Rozin from Scotiabank to head its Canadian innovation economy unit, aiming to expand banking services for tech firms in one of the world's top innovation markets.
'Buy Canadian' Policy May Cost Taxpayers $12B Per Year
A new study reveals federal procurement rules favoring domestic firms could inflate infrastructure costs by over $12 billion annually, with taxpayers bearing the burden.
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New Global MVNO Consortium Launches at MWC to Simplify Expansion
A new consortium formed by Jersey Telecom, MVNE Pty Ltd, MDS Global and Ycorp aims to simplify international expansion for Mobile Virtual Network Operators by providing an integrated framework.
Stonewall's 'Transformative' Mixed-Use Development Project
A new mixed-use development combining business and housing is set to transform Stonewall, with construction beginning in March 2026, promising economic growth and community revitalization.
Iran Conflict Impacts Winnipeg Gas Prices, Fueling Concerns
The escalating conflict in Iran is causing a surge in global oil prices, directly affecting fuel costs for Winnipeg drivers and reigniting debates over Canada's energy security and pipeline infrastructure.
LNG Revenue Saves B.C. from Deeper Fiscal Crisis in Budget
British Columbia's 2026 budget shows a $13.3 billion deficit and rising debt, with LNG royalties forecast to increase significantly, highlighting the industry's role in funding public services.
U.K. Passport Rules Shock Dual Canada-U.K. Citizens
Recent changes to U.K. passport regulations have created unexpected hurdles for dual citizens, impacting travel plans and raising concerns among Canadian travelers.
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Vancouver Car Free Days Cancelled for 2026
Vancouver's annual Car Free Days event has been cancelled for 2026, with organizers citing logistical hurdles and resource constraints. The cancellation marks a pause in the popular community initiative promoting sustainable urban mobility.
Calgary Non-Profit Eyes YWCA Building for Community Hub
A Calgary social development charity is exploring plans to transform the old YWCA building in the Beltline into a vibrant community center, sparking renewed interest in the historic site.
New Transit Routes, Water Taxi for Miramichi Bridge Closure
The Centennial Bridge in Miramichi, New Brunswick, will close from April to December 2026, leading to the introduction of new transit routes and a water taxi service to mitigate traffic disruptions.
Iran Conflict Could Spike Maritime Gas Prices
Escalating tensions in the Middle East, particularly involving Iran, are disrupting global oil supplies, raising concerns about increased fuel costs for Atlantic Canada.
Expert Urges Resource Development for Maritime Deficits
Dr. Donald Savoie advocates for strategic resource development in the Maritimes to address fiscal deficits, emphasizing economic growth and regional stability.
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Crypto Director to Pay $1M to B.C. Regulator Over Alleged Fraud
A director of a cryptocurrency platform has been mandated to pay $1 million to the British Columbia Securities Commission following allegations of fraudulent activities in the financial sector.
Worker Falls into Hole, Breaks Leg at Langley Arena Site
A construction worker was rescued after falling into a hole and breaking his leg at a new arena site in Langley, highlighting ongoing safety concerns in the industry.
United Flight Returns to LAX After Reported Fire Onboard
A United Airlines flight was forced to return to Los Angeles International Airport for an emergency evacuation after a fire was reported onboard, highlighting aviation safety protocols.
Beausoleil Island Ferry Breakdown Leaves No Islanders Stranded
The Indian Maiden ferry servicing Beausoleil Island experienced a mechanical failure, but officials confirm no residents were left stranded on the mainland. Authorities are assessing repair options and alternative transportation arrangements.
NS Breweries React to Federal Alcohol Tax Hike
Nova Scotia breweries, including Nine Locks Brewing Company celebrating its 10th anniversary, are responding to a looming federal alcohol tax increase. The industry faces challenges as the tax hike could impact local businesses and consumer prices.
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New Brunswick Targets Top Mining Spot in Canada with New Plan
Premier Susan Holt unveils comprehensive minerals strategy at PDAC 2026, aiming to streamline permitting, boost Indigenous participation, and leverage critical mineral resources to revitalize the province's mining sector.
Central Alberta Man Dies in Weekend Highway 41 Crash
A Central Alberta man has died following a serious crash on Highway 41 over the weekend. RCMP are investigating the incident, which occurred amid a series of other provincial news stories.
Poilievre: Mineral Stockpile Only for Tariff-Free Allies
Conservative Leader Pierre Poilievre announced during his London speech that a future government would limit access to a national energy and critical mineral reserve exclusively to allies with free-trade agreements during crises.
Ford Plans New Toronto Convention Centre to Replace MTCC
Ontario Premier Doug Ford has revealed plans for a state-of-the-art, two-million-square-foot convention centre in Toronto, aiming to replace the outdated Metro Toronto Convention Centre and boost the city's global competitiveness.
Critical Minerals Focus at Toronto Mining Conference PDAC
The Prospectors and Developers Association of Canada conference in Toronto highlights critical minerals essential for clean energy and technology, driving discussions on investment and supply chains.
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Gold Pares Gains Amid Iran War, Fed Rate Outlook Concerns
Gold prices trimmed early gains as traders evaluated Federal Reserve interest rate hikes to combat inflation driven by Middle East conflict, with bullion slipping 0.3% before trading 1% higher.
Vancouver's Largest Coffee Shop Opens on Main Street
C Market Coffee unveils a massive 5,000-square-foot flagship café on Main Street in Vancouver, featuring South Korean-inspired design and a focus on community connection.
Smith: Iran Conflict Underscores Need for New Canadian Pipeline
Alberta Premier Danielle Smith argues that escalating tensions in Iran highlight the urgency for Canada to build a new pipeline, emphasizing energy security and economic stability.
Ex-Competition Bureau Chief Joins Law Firm as Partner
Matthew Boswell, former commissioner of Canada's Competition Bureau, has joined Norton Rose Fulbright as a partner in its antitrust practice, bringing extensive regulatory experience to private sector legal counsel.
Hydrogen Firm Seeks Creditor Protection After Land Revocation
A hydrogen energy company in Newfoundland and Labrador has filed for creditor protection following the provincial government's decision to reclaim Crown land, raising questions about the project's future.
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Tether Uses Deloitte for USAT Reserve Report
Tether Holdings SA has secured Deloitte's verification for its USAT stablecoin reserves, marking a significant compliance step under new U.S. regulations and signaling Tether's return to the American market.
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