AtkinsRéalis Q4 Profit and Revenue Rise, Backlog Hits Record
Engineering giant AtkinsRéalis reports increased Q4 profit and revenue, with its backlog climbing to a record high, driven by global infrastructure demand and government spending.
Category : Business
Truck Wheel Loss on Hwy. 401 Sparks Safety Alerts in Ontario
A transport truck lost a wheel on Highway 401 near Gananoque, prompting an Ontario Provincial Police response. The incident highlights ongoing road safety issues in eastern Ontario.
EU to Provisionally Implement Mercosur Trade Deal
The European Union announces provisional implementation of a landmark trade agreement with South American bloc Mercosur, marking a significant step in economic integration and strategic partnership.
Manitoba Man Seeks Injunction to Halt 76-Unit Development
Jason Sandilands is taking legal action to block a major residential project in the RM of St. Andrews, citing concerns over local impact and procedural issues.
Global Population Decline: Crisis of Aging Societies and Solutions
Global birth rates have plummeted, creating inverted population pyramids where older generations outnumber the young. This demographic shift threatens economic stability, housing markets, and social systems worldwide, with immigration emerging as a key so
Court Upholds CRA Penalties for Late Foreign Holdings Filing
A British Columbia taxpayer's appeal for relief from CRA penalties for late filing of foreign property forms was denied by the Federal Court, highlighting the strict enforcement of T1135 requirements.
Carney Seeks Energy Deals with India in Mumbai Trip
Prime Minister Mark Carney arrives in Mumbai to strengthen Canada-India energy ties, focusing on uranium exports and comprehensive trade agreements to support India's nuclear power expansion.
Brunswick Exploration Files Maiden Resource for Mirage Lithium
Brunswick Exploration Inc. has filed a NI 43-101 technical report for its Mirage Project in Quebec, revealing a significant inferred lithium resource and exploration target, positioning it among the largest undeveloped hard rock lithium resources in the A
Block Lays Off 4,000 Staff, Blames AI Advancements
Fintech giant Block announces massive layoffs affecting 4,000 employees, with CEO Jack Dorsey stating AI-driven productivity improvements make the cuts necessary for future growth.
Man Struck and Killed by Vehicle in Mississauga
A tragic incident in Mississauga has left a man dead after being struck by a vehicle, with authorities investigating the circumstances surrounding the fatal collision.
Montreal Transit Changes for Nuit Blanche Weekend
Montreal's REM will close early Friday for maintenance but run all night Saturday for Nuit Blanche, while the metro extends hours. No major highway closures announced, but several ongoing disruptions affect traffic.
Block Cuts 40% of Staff, CEO Cites AI as Catalyst
Financial technology firm Block, co-founded by Jack Dorsey, has laid off nearly half its employees. The CEO attributes this to AI integration, predicting widespread industry adoption of similar cuts.
Analysts Raise Bank Targets After Strong Q1 Earnings
Financial analysts have increased price targets for Royal Bank, TD Bank, and CIBC following better-than-expected first-quarter results, citing resilient ROE and margin performance.
Paramount Outbids Netflix for Warner Bros., CNN's Future Uncertain
Netflix declines to raise its offer for Warner Bros. Studios and HBO after Paramount submits a superior bid, raising concerns about potential changes at CNN under new ownership.
Finch West LRT Service Disrupted by Switch Issues
A significant stretch of Toronto's Finch West LRT is experiencing a service suspension following technical switch problems, as announced by the TTC. Commuters are advised to seek alternative transit options while repairs are underway.
Montreal Airport Braces for Spring Break Traffic Chaos
Montreal's Trudeau International Airport anticipates severe traffic congestion and operational challenges as spring break approaches, following past disruptions.
Silent Workplace Culture Killers Employers Often Overlook
Employment lawyer Howard Levitt warns that the most dangerous HR risks are subtle cultural issues like inconsistent policy enforcement and documentation gaps that erode morale and lead to legal exposure.
Weak Business Investment Frustrates Carney's Economic Plan
Statistics Canada's latest survey reveals disappointing private-sector investment growth outside mining, challenging Prime Minister Mark Carney's economic restructuring agenda as public spending continues to carry the load.
Canada's SPAC Crisis: Market Shortcut Leads to Investor Losses
Five years after the pandemic SPAC boom, numerous Canadian companies that went public via this shortcut have collapsed, raising questions about regulatory oversight and investor protection in this controversial market structure.
Diesel Prices Fall in N.S., N.B. Following Increase
Fuel costs have decreased in Atlantic Canada, providing relief after a midweek price surge. The fluctuation highlights ongoing volatility in regional energy markets.
Statistics Canada to Release Q4 2025 GDP Figures
Statistics Canada is set to report the gross domestic product data for the final quarter of 2025, providing a crucial snapshot of the nation's economic health as policymakers and analysts await the results.
BusinessNewsWorld Shares Higher in AI-Driven Week
BusinessNewsWorld stocks showed gains as artificial intelligence developments dominated financial news, highlighting investor focus on tech sector momentum.
Carney's India Mission: Energy, AI, and Trade Themes
Prime Minister Carney's trade mission to India focuses on five major themes, including energy cooperation and artificial intelligence, aiming to strengthen bilateral ties and economic partnerships.
Big Six Banks Exceed Expectations, Hit $19B Q1 Profit
Canada's largest financial institutions reported a combined $19 billion in first-quarter profits, outperforming analyst predictions amid strong capital health and diversified business execution.
Return-to-Office Math Doesn't Add Up, Real Estate Brokers Warn
Ottawa commercial real estate brokers question how the federal government can mandate four-day office returns while pledging to cut office space by half, with Treasury Board providing unclear answers about capacity.
Tims China 7th Anniversary: Air Canada Partnership Promotion
Tims China marks its seventh year in China by partnering with Air Canada for a 'Maple Journey' promotion, offering round-trip tickets to Canada for club members, highlighting growth and Canadian heritage.
Calgary's Ranchman's to Relocate for Ranchman's Village Project
After over 50 years, Calgary's legendary Ranchman's country music venue is moving as part of a major redevelopment that will transform the site into a mixed-use community called Ranchman's Village.
Titan Tool Workers Block Trucks in Windsor Lockout Dispute
Locked-out Titan Tool & Die workers in Windsor have escalated their protest by blocking transport trucks, alleging the company is secretly moving product despite claiming to cease operations. The labor dispute has now surpassed 200 days.
Netflix Exits Warner Bros. Bid, Paramount Wins $111B Deal
Netflix has withdrawn its bid for Warner Bros. Discovery, allowing Paramount Skydance Corp. to proceed with a $111 billion acquisition. The decision ends a contentious bidding war and shifts focus to regulatory scrutiny.
Calgary Commercial Real Estate Vacancy Declines in 2025
Royal LePage reports a decline in commercial real estate vacancy rates in Calgary for 2025, signaling a positive shift in the city's business landscape amid broader economic discussions.
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