Canadian flight simulator company CAE Inc. is cutting approximately 280 positions globally as part of a restructuring led by new CEO Matthew Bromberg, with impacts in contracts, procurement, and technical areas.
Accolad Technologies introduces a comprehensive global employee recognition platform featuring localized gift card catalogs across 45+ countries, enabling organizations to reward distributed international teams with culturally relevant incentives.
Canada West CEO Gary Mar discusses how a ceasefire in Iran impacts Alberta's economy and calls for provincial leadership during global instability.
Canadian flight simulator manufacturer CAE Inc. is eliminating approximately 280 positions worldwide as new CEO Matthew Bromberg implements a transformation plan ahead of a May business strategy update.
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Canadian heavy crude for June delivery trades at a US$13.55 premium on the U.S. Gulf Coast compared to Alberta prices, the widest spread since December 2023, driven by Middle East supply disruptions.
Copper prices surged to a three-week high as a proposed ceasefire between the U.S. and Iran boosted risk appetite, though aluminum fell due to supply concerns in the Middle East.
British Columbia's Highway Patrol issued thousands of tickets during a focused enforcement campaign targeting distracted driving, highlighting ongoing road safety efforts.
The Toronto-based clothing brand Horses Atelier is shutting down after operating for 14 years, marking the end of an era for the Canadian fashion industry.
As gas prices surge, economists argue that tax cuts are not the sole solution. They recommend targeted subsidies, public transit investments, and income supports to assist Canadians more effectively.
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A motion to explore private bus services in Ottawa's rural areas has failed at city council, leaving rural transit options unchanged amid ongoing public transportation challenges.
Major lane closures on Tecumseh Road in Windsor, between Rose City Ford and Roseville Garden Drive, are scheduled to persist for three weeks due to ongoing construction work, impacting local traffic flow.
Federal Reserve officials expressed divergent views on interest rates amid Iran war fallout, with concerns about labor market damage and inflation pressures.
A sharp decline in global oil prices will not immediately translate to lower fuel costs at Canadian gas stations, with experts predicting a lag of several days before consumers see any savings.
A single Lotto Max ticket worth a staggering $75 million has been sold in British Columbia's Okanagan region, making one lucky individual an instant multi-millionaire. The winning numbers were drawn on April 8, 2026.
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Suncor Energy has reported a steam leak at its Firebag oil sands facility near Fort McMurray, Alberta. The company states the incident has been fully resolved with no injuries or environmental impact.
Canada's annual alcohol excise tax increase took effect April 1, raising prices for beer, wine, and spirits. Industry leaders warn of economic impacts on consumers and businesses.
Canada's Competition Bureau escalates its investigation into Keyera Corp.'s proposed $5.15 billion acquisition of Plains All American Pipeline's natural gas liquids business, examining potential market dominance concerns.
Countries worldwide adopt short-sleeve policies and gas station limits to combat energy shortages following the U.S.-Iran temporary ceasefire, while political shifts unfold in Canada.
Escalating Middle East tensions are driving nations to stockpile critical metals like aluminum and copper, exacerbating a global supply crunch and threatening industrial stability.
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Canada's Competition Bureau has obtained a court order as part of its ongoing investigation into the proposed merger between Keyera and Plains Midstream Canada, signaling heightened scrutiny of the energy sector deal.
The Canadian dollar surged to a 13-day peak against the U.S. dollar after a ceasefire between the U.S. and Iran eased geopolitical tensions, impacting currency markets and oil prices.
Samson International has issued a recall for various canopy beds sold through Costco.ca after reports of head injuries in the United States. The recall highlights ongoing consumer safety concerns.
Financial markets witnessed a massive $950 million short position on oil futures placed just hours before a major ceasefire announcement, signaling trader anticipation of price declines amid geopolitical shifts.
A new CFIB survey reveals only 2% of small business owners report crime declining, with shoplifting incidents up 14% year-over-year and violent incidents increasing 61%.
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A new CFIB study finds half of Canadian small businesses report increased crime, with many owners preferring pandemic challenges over current safety concerns and financial burdens.
A major deep-sea mining company led by a former Rio Tinto CEO announces a $1 billion merger with Odyssey, signaling growth in the controversial industry.
The provincial government announces a $500,000 investment in Stratford's Magest Building Systems Limited to support business growth and job creation in the manufacturing sector.
National Bank of Canada CEO Laurent Ferreira outlines growth plans following the $5-billion acquisition of Canadian Western Bank, while expressing concerns about consumer economic health and global uncertainty.
Former NFL star and Super Bowl champion Laurent Duvernay-Tardif announces his retirement from professional football and acquires a bakery in Montreal, marking a new chapter post-sports.
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A recent collision near Highway 400 involved a driver who was not wearing a seatbelt, according to police reports. Authorities emphasize the critical importance of seatbelt use for road safety.
