Dell Shares Jump on AI Server Revenue Forecast

Dell Technologies' stock experienced a significant rise following the company's announcement that it expects to double its AI server revenue in the coming year, driven by strong demand for artificial intelligence infrastructure.

Housing Crisis Spreads Across Canada, CMHC Reports

Canada's housing affordability crisis has expanded beyond Toronto and Vancouver to include Ottawa, Montreal, and Halifax, with Edmonton remaining the only bright spot among major cities, according to CMHC's latest report.

Laurentian Bank Posts $20.5M Q1 Loss During Overhaul

Laurentian Bank of Canada has announced a first-quarter net loss of $20.5 million as it undergoes a significant strategic transformation. The Montreal-based institution is restructuring operations to improve efficiency and future profitability.

EU to Provisionally Implement Mercosur Trade Deal

The European Union announces provisional implementation of a landmark trade agreement with South American bloc Mercosur, marking a significant step in economic integration and strategic partnership.

Brunswick Exploration Files Maiden Resource for Mirage Lithium

Brunswick Exploration Inc. has filed a NI 43-101 technical report for its Mirage Project in Quebec, revealing a significant inferred lithium resource and exploration target, positioning it among the largest undeveloped hard rock lithium resources in the A

Montreal Transit Changes for Nuit Blanche Weekend

Montreal's REM will close early Friday for maintenance but run all night Saturday for Nuit Blanche, while the metro extends hours. No major highway closures announced, but several ongoing disruptions affect traffic.

Block Cuts 40% of Staff, CEO Cites AI as Catalyst

Financial technology firm Block, co-founded by Jack Dorsey, has laid off nearly half its employees. The CEO attributes this to AI integration, predicting widespread industry adoption of similar cuts.

Finch West LRT Service Disrupted by Switch Issues

A significant stretch of Toronto's Finch West LRT is experiencing a service suspension following technical switch problems, as announced by the TTC. Commuters are advised to seek alternative transit options while repairs are underway.

Statistics Canada to Release Q4 2025 GDP Figures

Statistics Canada is set to report the gross domestic product data for the final quarter of 2025, providing a crucial snapshot of the nation's economic health as policymakers and analysts await the results.

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