Ujiri Says He Decided to Fire Mavericks Coach Kidd
Dallas Mavericks president Masai Ujiri confirmed he made the call to remove Jason Kidd as head coach, citing the need for a new direction for the team.
Category : Business
Hasbro Keeps Annual Forecasts Intact Despite Quarterly Beat
Toy maker Hasbro reports quarterly results that beat expectations but maintains its annual forecasts, expecting about $50 million in tariff refunds.
Seven charged after Halton police recover stolen e-bikes
Halton Regional Police charged seven people and seized stolen e-bikes, generators, drugs, and more after a theft investigation in Oakville.
Counterfeit $20 Bills in Barrie: Police Warning
South Simcoe Police warn of counterfeit $20 bills in Barrie. Residents and businesses urged to check currency carefully and report suspicious notes.
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ByWard Market Incubator Supports Immigrant Entrepreneurs
Ottawa's ByWard Market launches Immigrant Canada Retail Incubator Program, helping newcomer entrepreneurs launch businesses with vendor village support.
North Bay Sports Complex on Time and Budget for August Opening
The $63M Steve Omischl Sports Complex in North Bay remains on schedule and within budget, with no cost overruns from US tariffs. Opening set for August 2026.
Metro Vancouver transit workers vote to authorize strike
The union representing Metro Vancouver transit workers is preparing for a strike vote after contract talks with their employer broke down, potentially disrupting bus and SeaBus services.
Canada to Spend $1B on 13 World Cup Games
Canada will spend $1.066 billion to host 13 FIFA World Cup games in Toronto and Vancouver, according to a PBO report. Toronto allocates $380 million for six games.
Samsung Reaches Last-Minute Deal with Union to Avert Strike
Samsung Electronics and its union have reached a tentative agreement, averting a strike at the world's largest memory chipmaker that could have disrupted global tech supply chains.
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Wave of Rail Mergers 'Inevitable' if CPKC Takeover Approved
CPKC CEO warns that approval of its takeover bid could trigger a wave of rail mergers across North America, reshaping the industry.
Sherritt Signs Deal to Sell Majority Stake
Sherritt International has signed a preliminary agreement to sell a majority stake in the company, marking a significant shift in the mining and energy firm's ownership structure.
Small Businesses Struggle to Hire Young Workers in Canada
The Canadian Federation of Independent Business reports that small businesses across Canada are facing significant challenges in hiring young employees, impacting growth.
Canada to Spend $1.1 Billion on World Cup Games
Canadian taxpayers will pay nearly $1.1 billion for 13 World Cup matches, with security costs driving federal spending, a watchdog report reveals.
Meta CEO: No More Layoffs This Year, Internal Memo Says
Meta CEO Mark Zuckerberg told employees in an internal memo that he does not anticipate additional company-wide layoffs in 2026, according to a Reuters exclusive.
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$12.5M Winning Lottery Ticket Purchased in Alberta
A $12.5 million winning Lotto Max ticket was purchased in Alberta. The lucky ticket holder has yet to come forward. Check your numbers!
Apple MagSafe Charger on Sale: Save Up to 22% at Amazon
Get the official Apple MagSafe charger at Amazon with up to 22% off. Fast wireless charging for iPhone 12-16 and AirPods. 1m for $32.99, 2m for $37.99.
New $100M poultry facility in Woodstock to create 100 jobs
A new $100 million poultry processing facility in Woodstock, Ontario, will create 100 jobs and strengthen Oxford County's food sector, according to officials.
Ontario Man Loses $200K to Fake Contractor
A Paris, Ont. resident was defrauded of $200,000 by a fake renovation contractor. Police urge homeowners to verify credentials before hiring.
UAE Pipeline Bypassing Hormuz 50% Complete
A new UAE oil pipeline bypassing the Strait of Hormuz is 50% complete and on track for a 2027 start, enhancing energy security and reducing geopolitical risks.
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StatsCan ends quarterly wealth reports, risking costly mistakes
Statistics Canada will stop publishing detailed quarterly household wealth data, moving to annual reports. Economists warn this could lead to costly policy errors amid economic uncertainty.
World Cup Fans Disappointed by High Costs in Vancouver
As the FIFA World Cup approaches, Vancouver fans express disappointment over soaring ticket and hotel prices, raising doubts about promised economic benefits.
Finofo AI AP Platform for Canadian Finance Teams
Finofo introduces an AI-powered accounts payable platform for Canadian mid-sized businesses, automating invoice ingestion, matching, approvals, and payments end-to-end.
Smiths Falls Man Charged in Carleton Place Rear-End Crash
A Smiths Falls man faces charges after a rear-end collision near Carleton Place. OPP responded to the crash on Highway 7, no serious injuries reported.
Agnico Eagle Ups Stake in Wallbridge Mining to 20%
Agnico Eagle Mines has increased its ownership in Wallbridge Mining to nearly 20%, signaling strong confidence in the junior miner's exploration projects.
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U.S. Stocks Recover as Bond Pressure Eases, Oil Falls
Wall Street rebounded as Treasury yields retreated and oil prices declined, easing investor concerns. The Dow rose 1.2%, S&P 500 gained 0.9%, and Nasdaq added 0.7% amid mixed economic data.
CN Rail Pledges $100M to Fight Homelessness
Canadian National Railway commits $100 million to combat homelessness across its North American network, aiming to support housing and social services.
Ottawa Home Buying Income Requirement Up $3,000
The income required to purchase a home in Ottawa increased by $3,000 in April, reflecting ongoing affordability challenges in the city's real estate market.
Sherritt eyes deal with Gillon Capital amid Cuba sanctions
Canadian miner Sherritt International has entered a non-binding term sheet with US-based Gillon Capital for a private placement of up to 55% of its common shares, as it faces mounting US sanctions on its Cuba operations.
Small Businesses Struggle to Hire Youth: CFIB Survey
A new CFIB survey reveals that small businesses in Canada face significant constraints in hiring youth, impacting summer job opportunities for students.
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Best Freezers in Canada 2026: Top Picks and Where to Buy
Discover the best freezers in Canada for 2026. Our guide covers top models, features, and where to buy them. Save money and space with our expert picks.
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