Trump Orders Venezuela Oil Blockade, Markets React
Global markets react as former President Trump orders a blockade of oil tankers to Venezuela, sending oil prices higher. Meanwhile, Canadian stocks show gains amid domestic news.
Category : Business
Canadian Ports Struggle to Keep Pace with Export Ambitions
Prime Minister Mark Carney's plan to double non-U.S. exports hits a major roadblock: key Canadian ports are near capacity, with upgrades taking years. Experts warn of lost business and jobs.
Tax Loss Harvesting: Key Rules and Common Pitfalls
Learn how to effectively use tax loss harvesting to offset capital gains. Avoid the superficial loss rule and stay invested with our expert guide for Canadian investors.
Toronto Should Ditch Land Transfer Tax, Analyst Says
Following Calgary's move to reduce property tax hikes, calls grow for Toronto to scrap its municipal land transfer tax, which critics argue worsens housing affordability and distorts the market.
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Three London manufacturers receive federal funding support
Three London manufacturing firms secure federal funding to strengthen operations against trade challenges. MP Kayabaga announces support during tour of local facilities.
Canada Post 'fully prepared' for holiday rush after strike
Canada Post declares it is fully prepared for the 2025 holiday shipping rush, implementing lessons learned from last year's disruptive labour strike to ensure timely deliveries.
London council thwarts renoviction bylaw loophole closure
Coun. David Ferreira's motion to close a key loophole in London's renoviction bylaw was defeated by city council. The decision leaves tenants vulnerable to evictions during renovations.
Deal Signed to Reduce Regulatory Burden on Ring of Fire
Ottawa and Ontario sign a pivotal agreement to streamline regulations for the Ring of Fire and other major projects, aiming to boost economic development in the North. Learn the details.
High Beef Prices Persist as Canadian Cattle Numbers Regrow
Canadians face a 'waiting game' for lower beef prices as cattle herds slowly recover from drought. A University of Guelph expert explains the market factors keeping costs elevated.
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UCalgary professor warns of 'buy now, pay later' pitfalls
A University of Calgary expert cautions holiday shoppers about the hidden dangers of 'buy now, pay later' services. Learn the risks and how to protect your finances this season.
Saskatoon shoppers pick experience gifts for holidays
A new holiday trend sees Saskatoon residents prioritizing memorable experiences over traditional presents. Discover why gifts of doing are outpacing gifts of having this season.
CRTC reviews emergency alerts after B.C. hesitation in disasters
Canada's telecom regulator is consulting on improving the national public alerting system, following concerns over B.C.'s inconsistent use during emergencies like earthquakes and wildfires. Learn about the push for change.
Via Rail CEO Mario Péloquin to resign in January
Transport Minister announces Via Rail President and CEO Mario Péloquin will step down in January 2026. Get the latest details on the leadership change at Canada's passenger rail service.
Eby Calls $50B Teck-Anglo Merger 'Great News for B.C.'
B.C. Premier David Eby praises the historic $50-billion merger of Teck Resources and Anglo American, highlighting its significance for the province's mining sector and economy. Read the full details.
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Bitget Launches Gold, Forex and Commodities Markets
Cryptocurrency exchange Bitget launches TradFi, giving users direct access to forex, gold, and commodities using USDT. A major step in merging traditional and digital finance.
Vancouver Port Plummets in World Rankings, Minister Vows Fix
Federal Transport Minister Steven MacKinnon commits to major rail and port upgrades after Vancouver's ranking fell to 398th worldwide. Plans aim to boost Canada's non-U.S. exports.
Teck-Anglo American Deal Wins Federal Approval
The federal government has approved the Teck-Anglo American takeover. The deal proceeds with few improved terms, raising questions about resource sector oversight.
U.S. Jobless Rate Hits 4.6%, a Four-Year High
The U.S. unemployment rate rose to 4.6% in November, its highest point since September 2021, as job growth slows and manufacturing sheds positions. Key officials debate the causes.
Final U.S. Cents Auctioned for $16.76 Million
The final batch of U.S. pennies has sold for a staggering $16.76 million at auction, marking the end of an era for the iconic one-cent coin. Discover the story behind this historic sale.
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Fatal Crash Renews Calls for Safety on Quebec's Highway 50
A deadly crash on Highway 50 in the Laurentians intensifies pressure on Quebec to accelerate critical safety upgrades on the notorious route. Learn about the demands for change.
Montage Gold expands exploration in Côte d'Ivoire
Montage Gold Corp. secures two new exploration permits in Côte d'Ivoire, significantly expanding its Koné project land package and adding a promising greenfield property. Read about the strategic growth.
Alberta Plans 120 km/h Speed Limit Trial for 2026
Alberta will conduct a 'mini trial' of a 120 km/h speed limit on certain highways in 2026. Get the details on this proposed change to provincial road rules.
Pedestrian critically injured in Mississauga vehicle strike
A pedestrian suffered life-threatening injuries after being hit by a vehicle in Mississauga on December 16. Peel Regional Police are investigating the incident.
BNPL Services Increase Holiday Spending, Warns Expert
A University of Calgary professor warns that 'Buy Now, Pay Later' services can lead to overspending and financial strain during the holidays. Learn the psychological triggers and risks.
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Safety fears as Winnipeg hospital bus stop moved
The relocation of a bus stop from Victoria Hospital in Winnipeg has raised significant safety and accessibility concerns for vulnerable patients and staff. Learn about the community's response.
Montreal Merchants Seek Class Action Over Homelessness Safety
Business owners in Montreal's Milton Park area are launching a class-action lawsuit, citing safety concerns linked to the homeless population. Get the latest details on this developing local story.
ServiceX Sues Startup Over 'Twitter' Brand Bid
ServiceX Corp files a lawsuit against a social media startup attempting to claim the 'Twitter' brand. Get the latest details on this major intellectual property dispute.
BoC's Macklem: Food inflation to ease in 2026
Bank of Canada Governor Tiff Macklem forecasts a slowdown in food price increases by 2026. Get the latest on inflation trends and what it means for your grocery bill.
Two dead after semi runs stop sign near Edmonton
RCMP confirm two fatalities in a tragic collision involving a semi-truck that failed to stop at a sign northeast of Edmonton. The investigation is ongoing.
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BRP appoints Denis Le Vot as new CEO
Canadian powersports giant BRP Inc. has appointed automotive veteran Denis Le Vot as its new CEO, effective February 2025. The move, praised by analysts, brings deep international and automotive experience to the Ski-Doo and Sea-Doo maker.
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