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.
Category : Business
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.
Vancouver Office Vacancy High Amid Hybrid Work Trends
Vancouver's commercial real estate market continues to struggle with elevated vacancy rates, driven by the lasting impact of hybrid work arrangements on office demand.
Bombardier Targets India Growth, Gripen Fighter Deal Unlikely
Bombardier's CEO highlights strong opportunities in India's aviation market while downplaying involvement in Canada's potential Gripen fighter jet contract with SAAB.
Alberta 2026 Budget: New Fees, Benefit Cuts Impact Residents
Alberta's 2026 budget introduces new taxes on rentals and tourism, fee hikes in education and care homes, and reduced income thresholds for seniors' benefits to address projected deficits.
How Cities Influence Local Business Stability Through Daily Conditions
While cities cannot control global trade flows, they directly shape the operating conditions that determine whether small businesses expand or contract through daily municipal decisions.
Ex-Diageo Worker in Amherstburg Speaks Out on Conditions
A former employee at the Diageo plant in Amherstburg, Ontario, has come forward to share insights into workplace practices, highlighting concerns amid broader industry discussions.
NYC Mayor, Trump Meet on Housing, Discuss 12,000-Unit Plan
New York City Mayor Zohran Mamdani met with President Donald Trump to discuss a major housing proposal for 12,000 units, marking their second White House meeting amid ongoing affordability issues.
Edmonton Property Tax Hike in 2026 Alberta Budget
Edmonton homeowners will see increased provincial property taxes as part of Alberta's 2026 budget, which projects a $9.4 billion deficit over three years.
Smith Government Opens Tax Reform Talks Amid Budget Deficit
Alberta Premier Danielle Smith's government signals willingness to discuss tax structure changes, including potential sales tax, as province faces $9 billion deficit and spending pressures.
IMF Approves $8.1B Ukraine Loan with $1.5B Immediate
The International Monetary Fund has approved a substantial $8.1 billion loan package for Ukraine, with $1.5 billion to be disbursed immediately to support the nation's economy amid ongoing conflict.
Low Oil Prices Carve Massive Hole in Alberta's Budget
Alberta's budget remains heavily dependent on oil royalties, with non-renewable resource revenues projected to constitute 18% of total revenue over the next two years. However, subdued North American oil prices are creating significant deficits.
Ontario Housing Sector Urges Government Reforms for Supply
Ontario's housing industry calls for swift tax, financing, and regulatory changes to address stalled demand and capital, warning of worsening shortages if action is delayed.
Canada's Economic Woes vs. Moral Superiority Over U.S.
Despite Canada's economic stagnation and falling behind U.S. states like Alabama in GDP per capita, Canadians maintain a strong sense of moral superiority over Americans, as highlighted by recent political discussions.
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