Pipeline Bottlenecks Return Amid Canadian Oil Production Surge
Canada's oil industry faces renewed pipeline constraints as production surges, threatening to widen the heavy crude discount amid falling global prices and Venezuelan competition.
Canada's oil industry faces renewed pipeline constraints as production surges, threatening to widen the heavy crude discount amid falling global prices and Venezuelan competition.
Waste management giant GFL Environmental has relocated its executive headquarters from Vaughan, Ontario to Miami Beach, Florida, aiming to broaden its investor base while maintaining Canadian incorporation.
Average salaries in Canada are projected to see a moderate rise in 2026, reflecting ongoing economic pressures and labor market adjustments across provinces.
The European Union has suspended negotiations on a trade agreement with the United States indefinitely, citing recent threats from former President Donald Trump regarding Greenland and tariffs.
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RecommendedEuropean Central Bank President Christine Lagarde abruptly left a VIP dinner in Davos after US Commerce Secretary Howard Lutnick delivered a speech criticizing European economies, sources reveal.
Ontario Provincial Police have shut down the westbound lanes of Highway 401 at Bloomfield Road following an unspecified incident. Motorists are advised to seek alternate routes.
Suzanne Fougere has been appointed as the new President and CEO of Halifax's Events East Group, marking a significant leadership change for the organization.
The Toronto Transit Commission is implementing innovative safety technologies on its bus fleet, aiming to reduce accidents and improve passenger security across the city's transit network.
A new study finds Halifax drivers wasted four full days stuck in rush hour traffic during 2025, highlighting growing urban congestion challenges in Nova Scotia's capital.
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RecommendedNew condominium sales across the Greater Toronto and Hamilton Area have collapsed to levels not seen since 1991, raising significant concerns about the region's real estate market health and economic implications.
Edmonton, Alberta, has achieved a record number of housing starts for the second year in a row, highlighting robust construction activity and urban growth in the region.
Despite geopolitical tensions and market volatility, Wall Street analysts see solid foundations for stock market gains, citing historical patterns and strong corporate earnings projections.
The Westham Island Bridge in Delta is closed to vehicles after being struck by a barge. Pedestrians are escorted across, and shuttle services are being arranged for affected residents.
Leading dairy manufacturers are urgently working to control a growing recall of infant formula products, addressing safety concerns and coordinating with health authorities.
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RecommendedThe Alex Fraser Bridge in Delta, B.C., is still closed to vehicle traffic following a marine incident that occurred on Tuesday. Officials are investigating the situation, causing significant disruptions to Metro Vancouver's transportation network.
A serious two-vehicle collision has forced the closure of Highway 9 near Tottenham, Ontario. Ontario Provincial Police are on the scene investigating the incident.
A new report forecasts average salary increases of three per cent for Canadian employees in 2026, reflecting cautious economic outlook and persistent inflation pressures.
The S&P/TSX composite index surged by more than 100 points, while U.S. stock markets also posted gains, reflecting positive investor sentiment amid global economic discussions.
The community of Orillia, Ontario, commemorates the one-year anniversary of a catastrophic fire that destroyed a century-old downtown building, reflecting on the loss and ongoing recovery efforts.
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RecommendedVancity credit union and Indigenous-owned Keewaywin Capital launch a $100 million partnership to address severe housing shortages in Indigenous communities through innovative construction financing.
Amazon.com Inc. investors are optimistic that the company's cloud computing division, AWS, will drive a stock resurgence after years of underperformance against Big Tech rivals, fueled by AI demand.
A British Columbia tribunal has ruled that Samsung must honor a quoted trade-in value for a cell phone, setting a precedent for consumer protection in electronics transactions.
Royal Bank of Canada is spearheading a major $1.25 billion term loan to finance Investindustrial's $2.9 billion acquisition of TreeHouse Foods, a key Walmart supplier. The deal highlights renewed activity in leveraged buyout financing for 2026.
U.S. political analyst Eric Ham examines President Trump's endorsement of the Canada-China trade agreement amid internal skepticism from his advisors and Canada's assertive stance at Davos.
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RecommendedThe European Parliament has indefinitely postponed a crucial trade deal vote with the United States in response to President Trump's escalating threats to acquire Greenland, casting serious doubt on the pact's future.
After decades of delays, the long-awaited Greenbank Road realignment project in Barrhaven's Half Moon Bay community is finally set to break ground this spring with $56 million in funding secured.
International Trade Minister Maninder Sidhu calls for strengthening Canada-India economic relations during the World Economic Forum in Switzerland, emphasizing mutual growth opportunities.
A serious traffic collision has led to the complete closure of Highway 9 between Tottenham Road and Mont Wolfe Road, causing significant disruptions and emergency response.
Royal Bank of Canada CEO David McKay announces strategic review of China and Middle East markets while maintaining U.S. as second home market amid global trade uncertainties.
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RecommendedMTY Food Group Inc., a major Canadian restaurant franchiser, has announced a 12% increase in its quarterly dividend, signaling confidence in its financial health and future growth prospects.