Canadian Housing Sales Decline Nationally, Alberta Bucks Trend
Canada's housing market shows no signs of recovery momentum as national sales decline for fourth consecutive month, with Alberta being a notable exception showing growth.
Category : Business
Hershey Returns to Classic Recipe After Reese's Criticism
Hershey announces return to classic milk and dark chocolate recipes for Reese's products by 2027 after grandson of inventor publicly criticized formula changes.
Canada's Trade Deficit Widens to $5.7 Billion
Canada's trade deficit expanded to $5.7 billion in February, the largest since August, driven by record imports fueled by gold purchases. Imports from the U.S. surged 13.6%.
OREA Commends Ontario Housing Supply Legislation
The Ontario Real Estate Association endorses the Building Homes and Improving Transportation Infrastructure Act, highlighting measures to reduce development charges and boost housing construction across the province.
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TSX Drops 300 Points, Oil Tops $110 After Trump Speech
Canada's main stock index fell sharply, with the S&P/TSX composite down nearly 300 points, while oil prices exceeded US$110 per barrel following a speech by former U.S. President Donald Trump.
Two Walmart Stores in Montreal Set to Close
Two Walmart locations in Montreal are scheduled to close, impacting the city's retail sector and raising questions about future commercial developments.
Ontario and Feds Revise Housing Strategy Amid Shortfall
Premier Doug Ford and Prime Minister Mark Carney are extending HST rebates to all homebuyers and addressing development charges to boost housing activity, as previous policies fell short of targets.
Doug Ford's Budget Fuels 44% Debt Rise Since 2018
Ontario Premier Doug Ford's 2026 budget reveals a 44% surge in provincial debt since 2018, with $25.8 billion in new borrowing, raising questions about fiscal promises and corporate welfare.
Ford's Budget Replicates Wynne's Spending, Ontario Debt Soars 44%
Ontario Premier Doug Ford's 2026 budget borrows $25.8 billion, increasing provincial debt by 44% since 2018, with critics highlighting corporate welfare and rising interest costs.
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Hitachi Rail Acquires Clever Devices for Digital Mobility Growth
Hitachi Rail announces definitive agreement to acquire Clever Devices, a leading intelligent transportation technology provider, as part of its strategy to become a global digital mobility player.
Festival Condos Vaughan Defies Market, Nears Completion
Despite a cooling real estate market, Festival Condos in Vaughan is nearing completion with over 70,000 sq. ft. of amenities. The development offers compact units starting at 300 sq. ft., targeting students and investors.
Townhomes Shine in Toronto's Struggling New Home Market
While Toronto's new home market faces significant challenges, townhomes under $1 million are showing surprising resilience. Experts point to green shoots amid a broader construction slowdown.
Ontario and Feds Revise Housing Strategy to Boost Construction
Ontario Premier Doug Ford and Prime Minister Mark Carney are extending HST rebates to all homebuyers and cutting development charges to address housing shortages and affordability issues.
Diesel Prices Set to Break Record in Canada This Weekend
Canadian drivers are bracing for a new all-time high in diesel fuel prices this weekend, driven by global market pressures and domestic factors, with significant implications for transportation and the economy.
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Highway 89 Closed After Serious Crash Near Mount Forest
A section of Highway 89 near Mount Forest was closed following a serious overnight crash that left one person with critical injuries, according to local authorities.
Oil Hits $110, Stocks Fall as Trump Vows Iran Escalation
U.S. crude oil prices soared above $110 per barrel, and Wall Street experienced significant declines following former President Trump's pledge to intensify attacks on Iran, sparking global market turmoil.
Dynamite CEO Rants About Quebec Policies in French
Andrew Lutfy, CEO of Groupe Dynamite, used a quarterly earnings call to criticize Quebec's restrictive immigration policies and French-language requirements, threatening to move headquarters.
Canada's Trade Deficit Surges to Six-Month High on Gold Imports
Canada's trade deficit expanded significantly in February, reaching its highest level in six months, primarily due to a surge in gold imports. This development highlights ongoing economic pressures amid global uncertainties.
Windsor Economy to Stall in 2026 Amid Tariff Fears
A new report predicts Windsor's economy will face stagnation in 2026, primarily driven by escalating tariff concerns and global trade uncertainties that threaten local industries and job markets.
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Alberta Oil and Agriculture Boost Canada's Economy
Alberta's energy and agricultural sectors are providing stability to Canada's slowing economy, with the province facing the lowest U.S. tariffs and strong growth projections through 2027.
Fintechs Lead Investor Satisfaction, Human Advisors Still Key
A new survey reveals that DIY investment platforms like Wealthsimple achieve the highest satisfaction scores among Canadian investors, yet human financial advisors continue to hold significant value for complex planning needs.
Montreal's Pothole Problem: Website Documents Road Hazards
A new website is cataloging Montreal's most severe potholes as the city sees increased damage claims following harsh winter weather, with repair numbers declining compared to last year.
Iraq Oil Exports Halted by Strait of Hormuz Shutdown
Iraq's vital oil exports have slowed dramatically due to the shutdown of the Strait of Hormuz, triggered by U.S. and Israeli attacks on Iran, severely impacting global energy markets.
Pedestrian Critically Injured in Manitoba Hit-and-Run
A pedestrian was critically injured in a hit-and-run incident in western Manitoba. Authorities are investigating the collision that occurred on April 2, 2026, and are seeking information from the public.
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CIBC: Loonie to Underperform After War Ends, Oil Prices May Fall
CIBC Capital Markets predicts the Canadian dollar will struggle once geopolitical tensions ease, with oil price corrections and economic fundamentals weighing on the currency despite recent gains.
Refined Energy Completes Dufferin West Drilling Program
Refined Energy Corp has successfully completed its maiden drill program at the Dufferin West uranium property in Saskatchewan's Athabasca Basin, intersecting targeted geological structures.
Canadian Banks Have $879M Exposure to Struggling Goeasy
Canadian banks hold approximately $879 million in loan exposure to Goeasy Ltd., which recently suspended dividends and reported $331 million in net charge-offs. Analysts suggest banks are protected from direct losses.
1981 Saskatoon Transit Centre Proposal by Alderwoman Pat Lorje
In 1981, Saskatoon Alderwoman Pat Lorje advocated for a downtown transit information and waiting centre to address rider issues like garbage and lack of shelter, proposing a feasibility study for the project.
Canada Touts Energy Reliability as Oil Prices Soar
Canadian trade minister Maninder Sidhu positions Canada as a stable energy supplier during Seoul visit, as geopolitical tensions threaten Middle Eastern oil flows and drive price increases.
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Deloitte: Modest 2026 Growth Amid Iran War, Trade Risks
Deloitte projects modest economic growth for 2026, highlighting persistent uncertainties from the Iran conflict and global trade tensions that continue to linger.
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