EQB buys PC Financial from Loblaw for $800 million
EQB Inc., parent of Equitable Bank, acquires PC Financial from Loblaw in an $800-million deal, creating a major new digital banking force. Loblaw takes a minority stake.
Category : Business
Dog safe after Highway 69 closure in Northern Ontario
A multi-hour closure of Highway 69 in Northern Ontario ended safely after police resolved an incident. The dog involved was later found resting in a hotel bed. Get the full story.
CIBC Hikes Dividend After Q4 Earnings Beat
CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.
Bill 60: Landlord group says it's needed for rental balance
A new housing bill passed in Ontario has landlord groups advocating for system balance, while raising tenant concerns over easier evictions. Explore the details and implications.
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First Atlantic Nickel Expands Pipestone XL Drilling Program
First Atlantic Nickel adds four drill holes to its Phase 2X program at the RPM Zone in Newfoundland, targeting a 1.4-kilometer strike length of awaruite nickel alloy. The expansion follows a 100% discovery success rate.
Quebec loses $1.5B yearly due to anglo wage gap
A new study finds lower wages and higher unemployment among English-speaking Quebecers cost the provincial economy $1.5 billion annually. Experts call for targeted investment.
Iranians seek portable wealth as currency falls post-war
In the wake of the Israel war, Iranians are converting savings into gold and other portable assets as a hedge against the rapidly falling national currency. Explore the economic fallout.
Canadian Shares Mixed After Wall Street Nears All-Time High
Canadian stock markets exhibited a mixed performance on December 4, 2025, as global sentiment was influenced by Wall Street's surge toward a record peak. Explore the key factors and sector movements shaping the day's trading.
Report: Average Canadian family's food costs to rise $994 in 2026
A new report projects the average Canadian family will spend an extra $994 on food next year due to inflation. Discover the factors driving costs and how to budget.
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London's Underground Safety Dwarfs Toronto's Troubled TTC
A comparison reveals London's massive Underground system has far lower crime rates than Toronto's TTC, where serious incidents have surged over 160%. Discover the strategies behind the civility.
Report: Food to cost families $1,000 more in 2026
Canada's Food Price Report forecasts a 6% rise in food costs for 2026, with meat prices leading the surge. A family of four could pay nearly $1,000 extra. Learn the key drivers and how to adapt your budget.
China-Europe Ties: Shaping the Next 50 Years
As China and the EU mark 50 years of diplomatic ties, European leaders call for a new partnership to navigate global challenges, trade wars, and innovation. Explore the vision for the future.
Unprecedented Surge in 0.0 Drinking at Office Parties
A new global study shows a dramatic shift in attitudes, with 72% of people now confident to choose non-alcoholic options at festive work events without fear of judgment. Discover the data driving the 'sober curious' revolution.
Using Life Insurance as Collateral for Business Growth
Discover how Immediate Financing Arrangements (IFAs) allow Canadian business owners to access capital for major decisions without selling assets. Learn about Manulife Bank's simplified lending suite.
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Crown Royal plant closure deal ratified by union
Unifor members at Diageo's Amherstburg Crown Royal bottling plant have ratified a closure agreement, securing enhanced severance and benefits ahead of the February 2026 shutdown. Learn the details.
Bombardier Abu Dhabi Service Centre Advances Construction
Bombardier's landmark service centre at Al Bateen Executive Airport is progressing, set to open in late 2026. The 120,000 sq. ft. hub will boost Middle East support for its entire aircraft fleet. Read more about this strategic expansion.
B.C. mill imported U.S. pulp, then announced closure
A British Columbia mill imported pulp from the United States just before announcing it was folding, raising questions about its final business decisions. Explore the details and implications.
London's Homeless Shelter Plan Stalled, Site Still a Field
A promised micro-shelter community for homeless Londoners, targeting a January opening, faces delays as the designated site remains an untouched corn field. Journalist Daryl Newcombe investigates the stalled progress.
Two pedestrians struck in separate east-end Toronto incidents
Two pedestrians were hospitalized after being struck by vehicles in separate collisions in Toronto's east end on December 3, 2025. Details on the incidents and ongoing police investigations.
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Lethbridge Firefighters Union Ratifies New Contract
The City of Lethbridge and its local firefighters' union have successfully ratified a new collective agreement, ensuring continued emergency services and labour peace. Read the details of the deal.
Mustang Energy Stakes Uranium, Copper Projects in Newfoundland
Mustang Energy Corp. announces strategic expansion into Newfoundland, staking the Onyx Uranium and Bridal Veil Copper-Silver projects. This marks the company's first move into Eastern Canada.
EQB to buy PC Financial for about $800M
EQB Inc. has agreed to purchase the PC Financial business from Loblaw Companies Ltd. in a landmark transaction valued at approximately $800 million. The deal reshapes Canada's banking landscape.
Winnipeg may pay small businesses for construction losses
Two Winnipeg city councillors are pushing a motion to consider financial compensation for local small businesses suffering losses due to disruptive road construction projects. Learn about the proposal and its potential impact.
Union Leader: Ontario Jobs Fund Not 'Corruption'
LiUNA's Joseph Mancinelli and Ontario Labour Minister David Piccini addressed the Empire Club, defending the provincial jobs fund against allegations of misuse. Read the full debate.
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Vancouver lottery winner to buy condo with prize
Vancouver's Steven Lyon wins big in the lottery and shares his plans for the windfall, including a new condo and a celebratory dinner. Discover his story.
Pedestrian Seriously Injured in Riverdale Vehicle Incident
A woman in her 50s was struck by a vehicle in Toronto's Riverdale neighbourhood, suffering serious injuries. The incident occurred on December 3, 2025. Read for details and community safety context.
Orezone Hits High-Grade Gold at Bomboré P17 Zone
Orezone Gold announces strong confirmatory drill results, including 5.55 g/t gold over 15m, at the P17 Zone of its Bomboré mine. The zone is set to be a primary feed source for the new hard rock plant, with commissioning underway and first gold imminent.
Fake speeding ticket texts cause confusion in Windsor
Windsor residents are receiving fraudulent text messages demanding payment for automated speeding tickets. City officials confirm it's a scam and urge the public not to click any links.
Fake puppy listings, gift exchanges top B.C. holiday scams
British Columbians warned of prevalent holiday season scams, including fake online puppy sales and fraudulent gift exchanges. Learn how to protect yourself.
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Algoma Steel CEO says governments knew of layoff plans
Algoma Steel's CEO reveals both federal and provincial governments were aware of impending layoffs before approving a $500 million taxpayer loan. Details on the Sault Ste. Marie job cuts.
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