7-Eleven to Close Hundreds of North American Stores in 2026
Convenience store giant 7-Eleven is set to close hundreds of its locations across North America this year, marking a significant strategic shift for the retail chain.
Category : Business
U.S. Tariff Refund System Launch Set for April 20
The United States is set to implement a new tariff refund system starting April 20, 2026, aimed at streamlining trade processes and providing financial relief for importers across various sectors.
Vancouver Park Board Approves Passenger Ferry Plan
The Vancouver Park Board has voted in favor of establishing a passenger ferry service connecting downtown Vancouver, Bowen Island, and Gibsons on the Sunshine Coast, moving the project closer to realization.
61% of Canadians Experience Financial Whiplash in Uncertain Economy
A new MNP report reveals 61% of Canadians feel financial whiplash due to persistent economic uncertainty, with many struggling to meet obligations and delaying major decisions.
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Wall Street Nears Record High Amid Oil Price Easing
U.S. stock markets surged close to their all-time peak, driven by a significant drop in oil prices that eased inflation concerns and boosted investor confidence in economic stability.
Saskatchewan Reviews Farm Security Act, No Foreign Ownership Found
The Saskatchewan government announces a review of the Farm Security Act, stating no evidence of foreign ownership has been discovered. The move aims to update agricultural regulations while maintaining local control.
Amazon Buys Globalstar in $11.57B Satellite Deal
Amazon announces a massive $11.57 billion acquisition of satellite firm Globalstar, positioning itself to directly compete with Elon Musk's Starlink in the satellite internet market.
NB Power Rates Rise 4.29% in Energy Board Final Decision
The New Brunswick Energy and Utilities Board has approved a 4.29% increase in power rates, impacting residents and businesses across the province starting April 2026.
IMF Cuts Growth Outlook, Warns of Iran War Recession Risk
The International Monetary Fund has revised its global economic growth projections downward, citing heightened risks from escalating tensions in the Middle East, particularly the Iran conflict.
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Austrian Arrested in Italy for €63M Tax Fraud
An Austrian citizen has been apprehended by Italian authorities on charges of orchestrating a sophisticated tax evasion scheme totaling over €63 million, highlighting cross-border financial crime enforcement.
Macdonald Bridge in Halifax Closed for Weekend Repairs
The Macdonald Bridge in Halifax will be closed this weekend for essential maintenance, including paint removal and structural repairs, impacting local traffic and commuters.
Ontario Proposes Ban on Mandatory Uniform Costs
The Ontario government is introducing legislation to prohibit employers from requiring workers to pay for their own uniforms, aiming to protect employee wages and reduce financial burdens.
JPMorgan Supports Scrapping Quarterly Reports
JPMorgan Chase, led by CEO Jamie Dimon, has publicly endorsed the Trump administration's initiative to eliminate mandatory quarterly financial reporting for companies, advocating for a shift toward long-term strategic focus.
Grocers Overcharge for Meat by Including Packaging Weight
A CBC investigation reveals Loblaw and Sobeys stores continue to overcharge for meat by including packaging weight in pricing, despite previous promises to fix the issue.
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OSFI Flags Non-Bank Lending and Cyber Risks to Financial System
Canada's federal banking regulator highlights exposure to non-bank lenders and hedge funds as top risks, alongside real estate lending and liquidity concerns, in its annual outlook.
Kitchener Approves New Renoviction Bylaw
Kitchener City Council has passed a new bylaw aimed at curbing renovictions, providing stronger protections for tenants facing displacement due to renovations.
Canada Moves Closer to National Worker Certification Standards
Ontario's proposal for harmonizing construction worker certifications across provinces gains support, aiming to reduce barriers and costs for inter-provincial labor mobility by 2027.
Ottawa's Chinatown Yangtze Restaurant Site Empty, Owner Hunting Tenant
The former Yangtze Restaurant building on Somerset Street in Ottawa's Chinatown sits unoccupied, with the property owner actively searching for a new tenant to revitalize the space.
Dubai Airport Leads Global Rankings Amid Travel Disruptions
Dubai International Airport maintains its position as the world's second busiest airport and top for international passengers, despite significant disruptions caused by Middle East conflicts affecting global travel patterns in 2025.
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Inflation Expectations Surge, Warning Stocks
Wall Street strategists warn that rising inflation expectations fueled by energy costs threaten the recent stock market rebound, with consumer sentiment at record lows.
Calgary's Aggie Days Returns for Farm Life Education
The annual Aggie Days event at Stampede Park invites students and families to explore agriculture through hands-on activities and demonstrations.
Banwell Road Lane Reductions Planned for 3 Weeks in Windsor
Windsor drivers should prepare for significant traffic disruptions as Banwell Road undergoes lane reductions for three weeks starting this week. The city has announced specific closure details to facilitate essential infrastructure improvements.
Air Canada Reveals 'Glowing Hearted' Cabin Overhaul
Air Canada has introduced a comprehensive cabin redesign named 'Glowing Hearted,' featuring new lie-flat seats and enhanced amenities across its Boeing 787-10 fleet, marking a major upgrade in passenger comfort and airline innovation.
TD, BMO to Act as Market Makers for New Credit Futures
TD Securities and BMO Capital Markets will serve as liquidity providers for the new FTSE Canada Bank Credit Index Futures, designed to bring credit hedging back to Canadian markets from the U.S.
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Air Canada to Pay Pilots Denied Religious Vaccine Exemptions
An arbitrator has ruled that Air Canada must provide back pay to seven pilots who were denied religious exemptions from the airline's mandatory COVID-19 vaccination policy during the pandemic.
TSX Up 100+ Points, U.S. Markets Higher
The S&P/TSX composite index surged more than 100 points, with U.S. stock markets also posting gains. This uptick reflects positive investor sentiment amid economic developments.
Sudbury Collisions Spike, Paris-Cedar Intersection Leads Violations
Traffic collisions in Sudbury have surged since 2021, with the Paris and Cedar streets intersection recording the highest red-light camera infractions in 2025, highlighting ongoing road safety concerns.
Google Faces Billions in Claims from Advertisers via Mass Arbitration
Alphabet's Google faces potential billions in damages as advertisers pursue mass arbitration over antitrust rulings that found its search and ad tech businesses illegal monopolies.
U.S. Wholesale Prices Surge in March Amid Iran War
U.S. wholesale prices rose sharply in March, with energy costs surging due to the Iran war, complicating Federal Reserve efforts to combat inflation.
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Middle East Conflict Shows Importance of Canadian Energy: Scotiabank
The CEO of Scotiabank emphasizes that ongoing Middle East tensions underscore the strategic value of Canada's energy exports for global stability and economic security.
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