Toronto Gas Prices Drop, High Costs May Linger Until June
Gas prices in Toronto have decreased overnight, but an analyst predicts elevated fuel costs could continue through June due to market factors.
Category : Business
Europe Weeks Away from Jet Fuel Shortage, Airport Group Warns
A major European airport association warns that Europe could face systemic jet fuel shortages within three weeks if the Strait of Hormuz remains restricted, potentially causing severe disruptions to air travel and the continent's economy.
Global Rates Rise After Trump's Iran War Causes Energy Shock
Central banks worldwide face renewed pressure to hike interest rates as Donald Trump's war on Iran threatens Middle East energy production, creating inflationary pressures that could reshape monetary policy across advanced economies.
U.S. Inflation Hits Four-Year High Amid Gas Price Spike
Rising gas prices have triggered the largest monthly inflation increase in the United States in four years, impacting consumers and economic stability.
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West Vancouver Mayor Questions Housing Targets Amid Stalled Projects
West Vancouver's mayor expresses concerns over provincial housing targets, citing a stagnant market and stalled developments. The city faces ongoing pressure to increase housing supply.
NB Highway Closed After Fuel Spill in Nauwigewauk
A highway in Nauwigewauk, New Brunswick, remains shut down following a significant fuel spill, with authorities from NBEMO overseeing cleanup and safety operations.
NDP, Union Urge Ford to End 250-Day Windsor Lockout
Ontario NDP Leader Marit Stiles and Unifor Local 195 president Emile Nabbout call on the Ford government to intervene in the Titan Tool lockout, now over 240 days, and pass legislation to resolve the labor dispute.
Earnings Season Primed for Double-Digit Growth
Brian Belski of Humilis Investment Strategies discusses how investment managers are navigating market volatility and why earnings season is poised for significant growth.
TTC CEO Apologizes for Second Line 2 Oil Spill in a Week
For the second time in less than a week, a hydraulic oil spill has forced the TTC to shut down part of Line 2, prompting an apology from CEO Mandeep Lali and a fleet suspension pending review.
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Stocks Waver, Oil Steady Before U.S.-Iran Talks
Global financial markets experience volatility as stocks waver and oil prices hold steady in anticipation of planned diplomatic talks between the United States and Iran, impacting investor sentiment.
B.C. Fast-Tracks Mining Permits Amid Economic Pressures
The B.C. government introduces new timelines for mining exploration permits, promising approvals within 40 to 140 days. Industry leaders welcome the move but highlight significant backlogs.
GO Train Service Suspended on Lakeshore East, Stouffville Lines
Metrolinx announces a temporary suspension of GO Transit services on the Lakeshore East and Stouffville lines this weekend for essential infrastructure upgrades and maintenance work.
Windsor's Unemployment Rate Increases in March
Windsor, Ontario, sees a rise in unemployment in March 2026, reflecting broader economic challenges and local labor market adjustments.
New Brunswick Launches Lobster Law Enforcement Unit
A specialized enforcement unit is being established in New Brunswick to address the significant issue of unreported lobster landings in Atlantic Canada, where an estimated 30% of annual catches go unrecorded.
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Deadly Week on Highway 69: Fatal Crash Near Parry Sound
Ontario Provincial Police investigate a fatal collision on Highway 69 in Carling Township, marking a deadly week on the northern route with multiple fatalities reported.
Bissell Steam Cleaners Recalled Over Burn Hazard in Canada, U.S.
Health Canada and the U.S. CPSC have issued a recall for Bissell steam cleaners due to a burn hazard risk, urging consumers to stop use immediately and contact the company for a refund.
Cogeco Scales Wireless Service Amid Higher Q2 Profit
Cogeco announces increased Q2 profits as it ramps up wireless service expansion, highlighting growth in telecommunications amid competitive market dynamics.
U.S. Economic Woes Signal Cold for Canada, Economists Warn
Canadian consumer confidence hits 11-month low as U.S. economic pressures, tariff plans, and Middle East tensions create uncertainty, with economists fearing global slowdown.
Hong Kong Sees Sharp Rise in Illegal Fuel Trading
Hong Kong authorities are reporting a significant surge in illegal fuel trading operations, raising concerns about economic impacts and regulatory enforcement in the region.
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TTC CEO Apologizes, Pulls Fleet After Second Fluid Spill
Toronto Transit Commission CEO Rick Leary issues a public apology and removes the agency's work car fleet from service following a second hydraulic fluid spill incident within seven days, raising safety and environmental concerns.
Ottawa and Kanata Apartment Rental Costs in 2026
A detailed analysis of current rental prices in Ottawa and Kanata, highlighting trends and factors influencing the housing market as of April 2026.
Municipal Fee Hikes Undermine Housing Affordability Efforts
While federal and provincial governments cut taxes to ease housing costs, municipalities like Clarington propose fee increases up to 187%, pushing prices higher and threatening supply.
IMC Logistics Names Mark McKendry President of Canada Region
IMC Logistics announces Mark McKendry as President of its Canadian Region, leading the company's first international expansion into Toronto in 2026.
Cyclist Hospitalized After Crash Near Mapleview Drive West Off-Ramp
A serious collision involving a cyclist near the Mapleview Drive West off-ramp in Barrie has resulted in a man being hospitalized. The incident highlights ongoing road safety concerns in the area.
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Saskatchewan Expands Emergency Use of Banned Pesticide Strychnine
Saskatchewan has expanded emergency approval for strychnine, a banned pesticide, to 208 rural municipalities to combat gopher infestations threatening crops, with measures to mitigate risks.
Vancouver Council to Vote on Zoning Changes for Hotels, Rentals
Vancouver City Council will vote next week on proposed zoning changes that would allow small six-storey hotels and rental buildings along major arterials, aiming to address hotel room shortages and rental supply issues.
Canada Adds 14,000 Jobs, Unemployment Rate Unchanged
Statistics Canada reports the economy gained 14,000 jobs in March, marking the first monthly increase after steep losses earlier in the year, while the unemployment rate remained at 6.7 percent.
Gas Price Surge Sparks Sharp Inflation Spike, Complicates Fed Policy
Consumer prices surged 3.3% in March, driven by the largest monthly gas price increase in 60 years. The Federal Reserve faces heightened challenges as inflation moves further from its 2% target.
Canada Adds 14,000 Jobs, Unemployment Rate at 6.7%
The Canadian economy added 14,000 jobs in March 2026, keeping the unemployment rate unchanged at 6.7%. This modest growth reflects ongoing labor market stability amid broader economic conditions.
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Investor Lessons on Disaster Pricing and Market Risks
Financial experts analyze six key lessons for investors amid geopolitical tensions, highlighting that not all U.S. market vulnerabilities are priced in despite the popular Buy The Dip mantra.
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