TSX down 270+ points, U.S. markets mixed

Canada's main stock index fell sharply on January 7, 2026, dropping more than 270 points. U.S. markets posted a mixed performance amid global economic uncertainty. Get the full market analysis.

Toronto property tax increase forecast below 5% for 2026

Toronto City Council is set to consider a residential property tax increase of less than 5% for 2026, a lower rate than the previous two years. Councillor Brad Bradford criticizes the trend of high increases under recent mayors.

Berkshire's New CEO Greg Abel Gets $25M Salary

Greg Abel, Warren Buffett's successor at Berkshire Hathaway, will earn a $25 million annual salary, a 19% increase. Discover the details of his compensation and the massive cash pile he now manages.

Calgary office vacancy climbs back over 30%

Downtown Calgary's office vacancy rate has risen above 30% in the fourth quarter of 2025, signaling ongoing challenges for the city's commercial real estate sector. Learn what this means for the local economy.

Ex-SNC-Lavalin CEO stripped of licence, fined $75K

The former CEO of SNC-Lavalin has been stripped of his professional engineering licence and ordered to pay a $75,000 fine following disciplinary action. Get the full details on this major development.

U.S. to Ban Wall Street Investors from Buying Houses

President Donald Trump announces a move to prohibit institutional investors from purchasing single-family homes, a policy with potential ripple effects for the North American housing market. Read the details.

Global Economy's 2025 Stability Was an Illusion

Despite steady growth, 2025's global economy masked the damage of U.S. tariffs and policy chaos. AI spending and fiscal expansion provided a fragile cover, but 2026 could reveal the true cost.

U.S. seizes Venezuelan oil tanker, asserts control over sales

The U.S. has seized a sanctioned Venezuela-linked oil tanker in the Atlantic, with its energy secretary stating control over Venezuelan oil sales will continue 'indefinitely'. This move signals a significant escalation in geopolitical energy strategy.

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