Ratehub.ca Forecasts Stable Mortgage Rates in 2026
Mortgage expert Penelope Graham forecasts a stable year for variable rates in Canada, with the Bank of Canada maintaining its rate-hold stance through 2026.
Category : Business
ECB, WTO Heads Push Back on Carney's Bleak Worldview at Davos
European Central Bank President Christine Lagarde and WTO Director-General Ngozi Okonjo-Iweala countered Mark Carney's pessimistic assessment of global relations at Davos, highlighting enduring economic ties and system resilience despite disruptions.
Toronto Subway Line 1 Closure: College to Osgoode
The TTC has shut down subway service on a section of Line 1 in downtown Toronto due to an unspecified issue, impacting commuter travel between College and Osgoode stations.
Canadian Retail Sales Up 1.3% in November: StatCan
Statistics Canada reports a 1.3% increase in retail sales for November, totaling $70.4 billion. The growth was led by motor vehicle and parts dealers, while core retail sales also saw a notable rise.
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Sudbury Pedestrian Seriously Hurt in SUV Collision
A 59-year-old woman is hospitalized with life-threatening injuries after being struck by an SUV on Algonquin Road in Sudbury. The incident occurred just before 7:10 p.m. on January 22.
Gold Nears $5,000 Amid Dollar Weakness and Geopolitical Risks
Gold prices approach $5,000 per ounce, driven by a weaker U.S. dollar, Federal Reserve independence concerns, and escalating geopolitical tensions, with silver and platinum also hitting record highs.
ASUS Makes Fortune's 2026 Most Admired Companies List Again
ASUS celebrates its 11th inclusion on Fortune's prestigious World's Most Admired Companies list for 2026, recognized for innovation, social responsibility, and product quality excellence.
Medical Emergency Shuts Down Montreal Metro Green Line
A medical emergency caused service suspension on Montreal's Green Line between Lionel-Groulx and Berri-UQAM stations Friday morning, with alternative routes suggested.
Trump Sues JPMorgan, CEO Dimon for $5B Over Debanking
Former U.S. President Donald Trump has launched a massive $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, alleging debanking practices. The legal action, filed on Thursday, marks a significant escalation in tensions between Trump and ma
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Stock Markets Bounce Back After Trump Tariff Retreat
Global stock markets recovered as President Trump backed down on Greenland acquisition threats and EU tariffs, easing investor fears in a volatile week marked by political tensions.
Daily Market Analysis: Real Estate, Semiconductors, Oil
The Globe and Mail's Scott Barlow presents a comprehensive market roundup covering real estate investor trends, semiconductor opportunities, and potential heavy oil market disruptions.
Davos Leaders: Global Growth Resilient Despite Trump Disruption
At the World Economic Forum in Davos, economic leaders express confidence in global growth's durability, even as policies from former U.S. President Donald Trump introduce uncertainty and market volatility.
London Collision: One Hospitalized with Critical Injuries
A serious collision in London, Ontario has resulted in one person being transported to hospital with critical injuries. Police are investigating the incident.
Minor Damage in Early Morning Fire on Windsor's Riverside Drive
A fire broke out in the early hours on Riverside Drive East in Windsor, resulting in minor property damage. Windsor Fire & Rescue Services responded promptly to contain the incident.
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Barrie Road Closures for Friday, January 23
The City of Barrie has implemented multiple road closures for Friday, January 23, 2026, due to winter weather conditions and safety concerns. Residents should plan alternate routes.
N.S. Labour Board Dismisses Union Motion to Rehire Shelter Staff
The Nova Scotia Labour Board has dismissed a union motion seeking reinstatement of workers from the Out of the Cold emergency shelter, following a rally attended by hundreds at Province House.
Global Order Evolving, Not Breaking, Say Finance Chiefs
Top financial leaders assert the world order is undergoing transformation rather than collapse, following Mark Carney's recent comments at the World Economic Forum.
Air Canada Must Pay $15K After Ottawa Man Wins Court Cases
An Ottawa man successfully sued Air Canada twice after travel disruptions to Portugal, securing over $15,000 in compensation as courts enforce passenger rights regulations.
Buy Canadian Movement May Ramp Up in Trade Talks
As trade discussions with the United States intensify, Canadian consumers and grocers could see a resurgence of the Buy Canadian movement, echoing past efforts to support domestic products.
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Amazon's Fast Furniture: 11 Urgent Home Solutions
Discover 11 Amazon home furnishings that solve urgent decor problems with fast delivery. From beds to rugs, these affordable, customer-vetted items transform spaces quickly.
Stallion Uranium Expands Gravity Survey in Athabasca Basin
Stallion Uranium Corp. has mobilized an expanded high-resolution ground gravity survey on its Coyote Target corridor in Saskatchewan's Athabasca Basin to identify additional uranium mineralization targets.
Blatchford Development Falls Short, Faces $800M Deficit
Edmonton's ambitious Blatchford redevelopment project has achieved only 1% of its population targets, with completion delayed to 2042 and a financial shortfall approaching $800 million.
EU Ready for Mercosur Deal Despite Parliament Vote to Delay
The European Commission indicates it is prepared to move forward with the Mercosur trade agreement, even after the European Parliament voted to refer the deal to the top court for review.
Toys 'R' Us Canada Down to 22 Stores After Closures
Toys 'R' Us Canada has closed 19 more stores in two months, leaving just 22 locations nationwide. The once-dominant retailer continues to struggle against online and big-box competition.
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Quebec Extends Foreign Worker Ban in Montreal
The CAQ government has prolonged its moratorium on low-wage temporary foreign worker permits in Montreal and Laval until 2026, despite ongoing labor shortages affecting key industries.
Highway 11 Shutdown in Barrie for Fourth Time This Week
Highway 11 near Barrie has been closed for the fourth time this week due to severe winter conditions, causing major disruptions for drivers and highlighting ongoing transportation challenges in the region.
Snowplow Driver Hit in 5-Vehicle Southgate Crash
A snowplow operator sustained serious injuries after being struck by a vehicle during a five-vehicle collision in Southgate. Emergency services responded to the incident amid ongoing winter driving hazards.
99 Residents Displaced After Second Windsor Fire
A serious fire at 99 McNaughton Avenue West in Windsor has displaced 99 residents, marking the second major incident at the building. One man was seriously injured in a separate stabbing in Scarborough.
CEO Playbook for Rising Personal Legal Risks
Employment lawyer Howard Levitt outlines a strategic framework for chief executives facing unprecedented personal legal, regulatory and reputational exposure in today's business environment.
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Reverse Mortgage Competition Brings New Borrower Benefits
Increased competition among Canadian reverse mortgage lenders is creating better deals for seniors, including cash-back incentives and improved terms.
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