Canadian Driller Leads in Venezuela as U.S. Companies Return
Calgary-based Ensign Energy Services has operated drilling rigs in Venezuela for over two decades, maintaining operations while competitors left due to sanctions and political volatility.
Category : Business
Calgary Housing: $500K Buys Less for First-Time Buyers
In Calgary, $500,000 now buys townhomes or older bungalows, not single-family homes as in 2020, with prices rising over 40% in six years, reshaping the market for first-time buyers.
Presidents' Day Bedding Sales: Top Deals for Sleep Comfort
Discover the best Presidents' Day bedding sales offering discounts on sheets, pillows, mattresses, and more. Upgrade your sleep setup with these limited-time deals for enhanced comfort and relaxation.
Eglinton Crosstown Inquiry Demand Grows Over $13B Cost
Calls intensify for a public inquiry into Toronto's Eglinton Crosstown LRT project, which cost $13 billion over 15 years, as experts warn without accountability, billions more could be wasted on future infrastructure.
CRA GIC Interest Charges Upheld by Court
A Canadian court has affirmed the CRA's authority to charge instalment interest on accrued GIC income, even when not yet paid to the taxpayer, highlighting tax obligations on investment earnings.
Bombardier Expects Gulfstream Approval in Canada After Trump Threat
Bombardier CEO Eric Martel predicts Canada's aviation regulator will soon approve Gulfstream jets, resolving a dispute triggered by former U.S. President Donald Trump's tariff threat against Canadian aircraft.
Lisa Sevajian Joins eXp Realty with $300M Sales Record
Top-producing real estate leader Lisa Sevajian transitions her Massachusetts-based team to eXp Realty, leveraging the global cloud-based platform to redefine boutique team operations and sustainable growth strategies.
Proxy Advisors ISS and Glass Lewis Support LabGold Board
Institutional Shareholder Services and Glass Lewis recommend shareholders vote exclusively on the BLUE proxy to support LabGold's current board and strategy, rejecting a dissident takeover attempt ahead of the February 2026 meeting.
Ontario Issues First Permit to Explore Old Mine Tailings
Ontario has issued its first mining exploration permit under the new Recovery of Minerals Regime, allowing STLLR Gold Inc. to examine waste at the historic Hollinger Mine in Timmins.
Oil Traders: Sanctions Driving Up Global Oil Prices
Major oil traders report that Western sanctions on Russia and Iran are creating supply disruptions, forcing refiners to seek alternative barrels and pushing up global oil prices despite oversupply warnings.
Anytime Fitness Wins Franchise of the Year Award
Anytime Fitness has been honored as Franchise of the Year at the Beyond Activ World conference in Riyadh, recognizing its global expansion including over 365 new locations opened in 2025 and strategic growth across Middle Eastern markets.
Shark VacMop Pro 40% Off: Cordless Vacuum and Mop
The Shark VacMop Pro combines vacuuming and mopping in one lightweight cordless device, now 40% off on Amazon. Reviewers praise its ease of use, especially for those with mobility issues.
Washington's Millionaire Tax Tests 93-Year Income Levy Aversion
Washington state Democrats are pushing a 9.9% tax on incomes over $1 million, challenging a 93-year aversion to income taxes. The proposal faces legal challenges despite potential approval in the legislative session.
RBI Posts Higher Revenue, Lower Profit in Q4 2025
Restaurant Brands International reported 5.8% growth in system-wide sales for Q4 2025, with Tim Hortons revenue reaching $1.1 billion, though profit margins declined.
Hermès Chairman Axel Dumas Details Epstein's Targeting Attempts
Hermès executive chairman Axel Dumas reveals Jeffrey Epstein repeatedly sought meetings with him, with one unplanned encounter occurring in 2013. Dumas says he actively avoided the disgraced financier.
Edmonton's $350K Real Estate Options for First-Time Buyers
A new report reveals what $350,000 can purchase in Edmonton's housing market, showing varied options from condos to single-family homes, though choices narrow for detached properties.
Calgary Housing Market: Sales and Prices Decline for Eighth Month
Calgary's real estate market experienced an eighth consecutive month of declining sales and prices in January, with sales dropping nearly 15% year-over-year and inventory rising by 21%. The apartment segment saw the steepest price declines at nearly 8%.
Russia Memo Proposes Dollar Return in Pitch to Trump
A Kremlin document reveals proposals for Russia to embrace the U.S. dollar again as part of economic partnership with Trump administration, marking potential policy reversal.
Air Canada Orders Airbus A350-1000 Jets in Fleet Upgrade
Air Canada has placed a significant order for eight Airbus A350-1000 widebody jets, with options to double it, as part of a fleet modernization strategy aimed at boosting efficiency and passenger comfort.
Stallion Uranium Begins Drilling on Moonlite Project in Athabasca
Stallion Uranium Corp. has initiated its 2026 winter diamond drilling program at the Moonlite Project in Saskatchewan's Athabasca Basin, targeting the newly defined Coyote Corridor with a 4,000-meter drill plan.
Montreal Businesses Demand Relief from Construction
Years of construction on Ste-Catherine Street have devastated downtown businesses, with a zoning loophole preventing some from accessing a $40,000 relief fund while others across the street qualify.
McDonald's Sales Surge on $5 Value Meal Success
McDonald's U.S. sales grew 6.8% in Q4 2025, the fastest pace in over two years, fueled by value meals and promotions. However, analysts question sustainability as company forecasts slower Q1 growth.
ADUs: A Key Tool for Affordable Housing in Modern Living
Additional dwelling units are gaining popularity as builders and homeowners embrace them to address housing affordability, multi-generational living needs, and regulatory changes.
Product of the Year Canada Unveils 2026 Award Winners
Product of the Year Canada has revealed its 2026 award winners, determined by a national survey of 4,000 shoppers, highlighting innovative products across 40 categories.
Sonoco Appoints Craig L. Nix to Board of Directors
Sonoco Products Company announces the appointment of Craig L. Nix, CFO of First Citizens BancShares, to its Board of Directors, bringing extensive financial leadership experience.
Telus Names Victor Dodig CEO, Replacing Longtime Leader Entwistle
Telus Corp. has announced Victor Dodig, former CIBC CEO, will replace Darren Entwistle as chief executive in July. This leadership change comes as the telecom faces investor pressure over slow growth and strategic challenges.
Canada's Job Market: Official Stats May Overstate Growth
Economists reveal Statistics Canada's two employment measurement methods show sharply different results, with one likely overestimating job creation by hundreds of thousands of positions in 2025.
NACO Roundtable Targets Canada's Early-Stage Funding Gaps
The National Angel Capital Organization launches a national roundtable to address Canada's early-stage capital gaps, following a $750 million federal commitment to support early growth-stage funding for Canadian firms.
Midland's 2026 Gold and Copper Exploration Plans in Quebec
Midland Exploration Inc. has detailed its 2026 exploration activities across Quebec, focusing on gold and copper-gold projects with a $12M budget and partnerships with major mining companies.
SAGA Metals Updates MRE Drilling at Trapper South, Labrador
SAGA Metals Corp. has completed seven diamond drill holes at its Radar Critical Minerals Project in Labrador, confirming extensive oxide mineralization. The drilling program targets the Trapper South zone, with significant intercepts and ongoing expansion
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