Oil Hits Highest Since August on Iran Conflict Concerns
WTI crude oil approaches $67 per barrel after a 4.6% surge, driven by escalating tensions between the U.S. and Iran that threaten Middle Eastern oil supplies.
Category : Business
Nova Scotia Approves New Electricity Generation Facilities
Environmental approval has been granted for proposed electricity generation facilities in Nova Scotia, marking a significant step in the province's energy infrastructure development.
Windsor Police Enforce Reduced Load Restrictions on Truck Routes
The Traffic Enforcement Unit in Windsor, Ontario, conducted multiple vehicle stops on designated commercial truck routes to enforce reduced load restrictions, ensuring compliance with local regulations.
Winter Storm Paralyzes Trucking, Causes Delivery Delays
A severe winter storm has brought trucking operations to a standstill across Canada, resulting in significant delays and missed deliveries as drivers are urged to stay off dangerous roads.
Union Files Complaint Over Federal Return-to-Office Rules
A second union has filed an unfair labor practice complaint against the federal government's new return-to-office mandate, citing concerns over worker rights and implementation.
Ontario Court Recognizes U.S. Bankruptcy for Eddie Bauer Canada
An Ontario court has formally recognized U.S. bankruptcy proceedings for Eddie Bauer's Canadian retail operations, allowing the outdoor apparel chain to restructure its debts across North America.
Canadian Energy Stocks Poised for First Record Since 2008
Canadian energy shares are approaching their first record close in nearly 18 years, driven by rising oil and natural gas prices, geopolitical tensions, and renewed investor interest in the sector.
Nutrien Sees Potash Demand Growing After Record Harvest
Nutrien Ltd. anticipates robust potash demand this year, driven by strong agricultural commodity fundamentals and a record-breaking harvest that boosts fertilizer needs.
Smart Serve Regulations Fall Short in Protecting Staff and Patrons
A Windsor restauranteur voices concerns that Ontario's Smart Serve alcohol service regulations are inadequate, leaving both employees and customers vulnerable.
U.S. Crude and Fuel Stocks Fall, EIA Says
The Energy Information Administration confirms a reduction in U.S. crude oil and fuel stockpiles, highlighting ongoing shifts in energy supply and market dynamics.
Quebec Parties Clash Over Proposed Pipeline Crossing Province
A motion opposing a pipeline project that would traverse Quebec has sparked political debate, with parties taking firm stances on environmental and economic impacts.
Billionaire Ricardo Salinas Trapped in $400M Crypto Loan Fraud
Mexican billionaire Ricardo Salinas Pliego lost $400 million in a sophisticated stock-lending fraud while attempting to invest in bitcoin. The elaborate scheme involved fake financial institutions and false claims of aristocratic lineage.
Atlantic Canada Population Decline Recorded in 2025
New data reveals a population drop across most Atlantic provinces at the end of 2025, marking a significant demographic shift after years of growth.
U.S. Launches CUSMA Auto Rules-of-Origin Investigation
The U.S. International Trade Commission has initiated a formal investigation into automotive rules-of-origin under the CUSMA trade agreement, potentially impacting North American vehicle manufacturing and trade flows.
Head-On Crash Near Bruce Pit Sends One to Hospital
A serious head-on collision on Cedarview Road resulted in one person being hospitalized. The incident occurred Wednesday afternoon, with emergency services responding promptly to the scene.
U.S. Reviews CUSMA Automotive Rules of Origin
The U.S. International Trade Commission has initiated a comprehensive review of the automotive rules of origin under the CUSMA trade agreement, potentially impacting North American auto manufacturing and supply chains.
Downed Powerline Blocks London Industrial Park Road
A downed powerline has blocked Shamrock Road in a London industrial park, prompting a swift response from London Hydro crews to secure the area and restore safety.
Kitsilano Property Sells Below Asking, Strong Rental Income
A Kitsilano property with multiple rental units sold for $2.9 million, generating over $150,000 annually in rental income. The R1-1 zoned property includes a four-suite house and a laneway home.
Court Approves SSENSE Buyout, Rejects Lender Liquidation
Quebec Superior Court has approved the buyout plan for Montreal fashion retailer SSENSE, prioritizing employee job preservation over lender-led liquidation efforts.
Multi-Generational Housing Demand Surges in Calgary
Calgary's housing market sees rising demand for multi-generational homes as high prices drive families to combine resources. Builders and realtors note this trend is becoming mainstream beyond cultural traditions.
Driver Injured in Highway 17 Crash While Passing Truck
A driver was injured in a collision on Highway 17 near Bruce Mines after trying to overtake a tractor-trailer. Ontario Provincial Police reported the early morning incident, highlighting ongoing road safety concerns.
Vale Sells Majority Stake in Canadian Nickel Venture
Vale SA has agreed to sell most of its stake in a Canadian nickel venture to Exiro Minerals, Orion Resource Partners, and Canada Growth Fund as part of a strategic review of its base metals business.
Private Equity Targets Clean Energy After 2025 Drop-Off
Investment giants like KKR and Energy Impact Partners are actively seeking acquisitions in the U.S. clean energy sector, signaling a market rebound following a significant contraction in deal activity last year.
Nova Scotia Renovates Victorian Building for Affordable Housing in Yarmouth
A Victorian building in Yarmouth, Nova Scotia, is being converted into a 12-unit complex with seven affordable units, part of a provincial initiative to address housing shortages.
Ottawa's ByWard Market Parking Garage Adopts 3-Hour Pay-and-Display
The City of Ottawa is converting the Clarence Street parking garage in the ByWard Market from a gated system to a 3-hour pay-and-display ticketing model, aiming to improve accessibility and streamline operations for visitors and local businesses.
Ssense Founders Win Court Approval for $78M Buyout
The founders of luxury retailer Ssense have obtained court approval for their $78 million buyout of the company, overcoming opposition from a group of major lenders seeking liquidation.
Reese's Grandson Accuses Hershey of Secret Ingredient Changes
Brad Reese, grandson of the Reese's Peanut Butter Cup inventor, claims Hershey has quietly replaced milk chocolate and peanut butter with inferior ingredients in some products.
Arbitrator Sides with Air Canada in Flight Attendant Wage Case
An arbitrator has ordered Air Canada to increase wages for 15,000 cabin crew by over 20% over four years, largely aligning with the airline's initial proposal, following a rejected tentative agreement and strike.
Canada's 2025 Trade Deficit Widest on Record Outside Pandemic
Canada's annual trade deficit widened to $31.3 billion in 2025, the largest on record excluding the COVID-19 pandemic, driven by U.S. tariffs that hammered key export sectors and reduced exports to the United States by 5.8%.
Ontario Teachers' Pension Shifts Climate Strategy to Investments
The Ontario Teachers' Pension Plan Board is pivoting its climate strategy, moving from emissions tracking to prioritizing sustainable investments, as announced in its latest financial report.
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