No Safety Violations Found in Walmart Employee Death
The Nova Scotia Department of Labour found no safety violations after a 19-year-old employee was found dead inside an oven at a Halifax Walmart in 2024.
Category : Business
News Roundup: Alberta Deficit, Travel Delays, Health Alerts
A recap of key stories this week, including Alberta's $9.4B budget deficit, travel disruptions in Puerto Vallarta, and health recommendations for children's cholesterol screening.
Russia's Regional Budgets Strain Under War Economy Pressure
Russia's war economy faces mounting pressure as regional budget shortforces force increased Kremlin dependency. Nizhny Novgorod industrialists report falling investment and profits despite military spending.
Nova Scotia Housing Law Changes Aim to Boost Supply
Nova Scotia has introduced legislative amendments to speed up housing construction, addressing a critical shortage in the province. The changes aim to streamline approvals and reduce delays.
Montreal Bakery Scrutinized by OQLF for English TikTok Content
A family-run Montreal bakery, Lahmajoune, received a letter from Quebec's language watchdog regarding its English-only TikTok posts. The OQLF requested compliance with Bill 96, sparking public debate and support online.
Paramount Wins Warner Bros Bid Over Netflix After Hostile Campaign
Paramount Skydance emerges victorious in the months-long battle to acquire Warner Bros Discovery after Netflix refuses to raise its bid. The deal faces regulatory scrutiny but promises significant value for shareholders.
New Brunswick Imports Australian LNG Despite Domestic Gas
New Brunswick is importing liquefied natural gas from Australia, highlighting Canada's energy sector challenges despite sitting on massive domestic reserves that remain untapped due to regulatory hurdles.
Finch West LRT Service Resumes After Power Cable Issues
The TTC has restored limited service on the Finch West LRT following repairs to underground power cables, with bus-only service continuing on the 510 Spadina route as work progresses.
TransAlta Signs Data Centre Deal with CPP, Brookfield
TransAlta Corporation has finalized a significant agreement with CPP Investments and Brookfield to develop a new data centre, marking a strategic expansion into digital infrastructure.
U.S. Wholesale Prices Jump 0.5%, Annual Rate at 2.9%
U.S. wholesale prices rose more than expected in January, increasing 0.5% from December and 2.9% from a year ago, signaling persistent inflationary pressures.
CPP Investments and Equinix Buy Data Centre Company atNorth
CPP Investments and Equinix have jointly acquired the data centre company atNorth, marking a significant investment in digital infrastructure and highlighting growing demand for sustainable computing solutions in the tech sector.
Millennials Lead 2026 Homebuying Plans in Canada
A new survey reveals that one in four millennials plan to buy a home in 2026, showing resilience despite affordability challenges and economic uncertainty in Canada's housing market.
Competition Bureau Investigates Vancouver Realtors' Commissions
The federal Competition Bureau is investigating commission rules at Greater Vancouver Realtors to determine if they reduce competition among real estate agents and potentially increase costs for consumers.
EDC's Ottawa Headquarters Gets New Owner
The downtown Ottawa office building housing Export Development Canada at 150 Slater Street has been sold to a new owner, marking a significant shift in the city's commercial real estate landscape.
Boralex Names Philippe Bonin as CFO to Lead Financial Strategy
Boralex Inc. announces Philippe Bonin as Executive Vice President and CFO, effective March 16, 2026. Bonin brings extensive financial experience to support the company's 2030 Strategic Plan and growth initiatives.
Renforth Advances Work on Globex's Parbec Gold Property
Globex Mining Enterprises provides update on Renforth Resources' ongoing stripping and exploration activities at the Parbec gold royalty property in Malartic, Quebec, with significant resource estimates and 2026 drilling plans.
Canada's Economy Shrinks, 2025 Growth Slowest Since Pandemic
Canada's economy lost momentum in late 2025, with GDP declining 0.2% in Q4 and annual growth dropping to 1.7%, the slowest since 2020, due to lower exports to the U.S.
Alberta Minister Horner to Discuss $9.4B Deficit in Calgary
Alberta Finance Minister Nate Horner is heading to Calgary to discuss the 2026 provincial budget, which projects a $9.4 billion deficit expected to persist for three years, amid rising property taxes and fiscal challenges.
Pembina Green-Lights Pipelines, Reports Earnings Dip
Pembina Pipeline Corp. has approved two new pipeline projects while reporting a dip in quarterly earnings, highlighting strategic growth amid financial challenges.
Moroun Family's Fight Against $6.4B Gordie Howe Bridge
The secretive billionaire Moroun family continues their decades-long fight to protect their Ambassador Bridge monopoly, allegedly using political ties to block the rival Gordie Howe International Bridge.
GTA Rental Construction Surges as Condo Market Stalls
New research shows a 42% increase in purpose-built rental starts in the GTA during 2025, reaching nearly 10,000 units while condo projects face record cancellations.
Lululemon Founder Ramps Up Pressure in Proxy Fight
Lululemon founder Chip Wilson escalates his campaign against the company's board, pushing for significant changes as a proxy contest unfolds, highlighting corporate governance tensions.
GoldHaven Expands Magno Project with Cassiar Claims
GoldHaven Resources Corp. has acquired five mineral claims in British Columbia's Cassiar District, expanding its Magno Project to over 37,200 hectares. The deal includes strategic assets for copper-moly porphyry and critical minerals exploration.
Canada's Q4 GDP Contracts, Annual Growth at 1.7%
Canada's economy experienced a contraction in the fourth quarter of 2026 on an annualized basis, with full-year growth slowing to 1.7%. The data highlights ongoing economic challenges amid global uncertainties.
Tether Freezes $4.2B in Stablecoin Over Crime Links
Tether has frozen a massive $4.2 billion of its USDT stablecoin after identifying links to criminal activities, marking a major enforcement action in the cryptocurrency sector.
CPPIB, Equinix Buy atNorth in $4 Billion Data Center Deal
Canada Pension Plan Investment Board and Equinix Inc. have agreed to acquire Nordic data center operator atNorth Holding AB for $4 billion, with CPPIB investing $1.6 billion for 60% ownership.
Foremost Clean Energy Signs Exploration Pact with Kiciwapa Cree Nation
Foremost Clean Energy Ltd. has signed a landmark exploration agreement with Kiciwapa Cree Nation, establishing a framework for responsible mineral exploration in Manitoba with environmental and community commitments.
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.
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