Canada's Wealth Fund Not for Tax Cuts: Champagne
Canada's finance minister says the new sovereign wealth fund aims to let citizens invest in nation-building projects, not reduce taxes. The fund will be seeded with $25 billion.
Category : Business
Windsor family gets free home makeover from viral contractors
The Rudan Brothers surprised a Windsor family with a free exterior home makeover, continuing their viral trend of helping communities in need across Ontario.
New Brunswick connects veterans to construction jobs
New Brunswick has partnered with a non-profit to help veterans transition into the construction industry, offering training and job opportunities.
'High-pressure' repair scams on rise in Burlington
Halton police report an increase in 'high-pressure' repair scams targeting homeowners in Burlington, urging residents to verify contractors and avoid on-the-spot payments.
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Vance: Trump Doesn't Trade His Own Stocks
Vice President JD Vance defended Trump from criticism over his voluminous trading, saying the president does not buy or sell his own stocks, but independent advisers manage his portfolio.
Big Six Bank Valuations Soar Amid Economic Uncertainty
Canadian banks face high profit expectations as valuations hit records. Inflation rises to 2.8%, recreational property buyers surge, and workplace conflict grows.
Alberta's AI Data Centres: Unprecedented Growth Ahead
Alberta is set for a surge in AI data centre investments, with Minister Nate Glubish promising big news this summer. Beacon Data Centers plans a final decision in six months, aiming for $100 billion in five years.
Surrey Police Issue 73 Impaired Driving Penalties Over Long Weekend
Surrey Police Service issued 73 impaired driving penalties over the May long weekend, highlighting a continued crackdown on dangerous driving in the city.
Fairmont Residents Divided on Affordable Housing Proposals
Fairmont residents share fear, hesitation, and openness toward proposed affordable housing developments on the former public school site.
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Toronto, Vancouver Among Most Expensive World Cup Host Cities
A new report ranks Toronto and Vancouver among the priciest host cities for the 2026 FIFA World Cup, citing high stadium upgrade costs and operational expenses.
Google Revamps Search with AI, Debuts Coding Tools
Alphabet's Google redesigns its search box and adds AI coding tools, including a new subscription plan, as it competes with OpenAI and Anthropic for dominance in the AI era.
4 Teens Charged in St. Thomas Jewellery Store Robbery
Four teenagers have been charged in connection with a break-in at Muscat Jewellers in St. Thomas, Ontario, on May 18, 2026.
Man charged in Vancouver vehicle-ramming that injured senior
A driver plowed through a West End park and onto sidewalks Friday morning, seriously injuring a senior. The man now faces multiple charges.
Edmonton Bridges to be Replaced or Demolished: City Report
A city report reveals Edmonton's High Level and Low Level bridges may be replaced or demolished due to aging infrastructure, sparking debate over preservation and cost.
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OPP Charge Two for Impaired Driving in Separate Incidents
Ontario Provincial Police have charged two individuals in separate impaired driving incidents. The arrests highlight ongoing efforts to combat impaired driving on Ontario roads.
Alberta's Free Trade Stance Contradicted by Wine Import Barriers
An opinion piece criticizes Alberta's restrictive wine sampling rules for B.C. producers, arguing they contradict the province's free trade messaging.
Organized Crime-Tourism Group Behind GTA Break-Ins
York Regional Police reveal an organized crime-tourism group is responsible for a series of break-ins across the Greater Toronto Area, targeting homes while occupants are away.
US Charges Chinese Executives in Shipping Cartel Case
The U.S. Justice Department has charged seven Chinese executives and four companies with operating an illegal shipping container cartel, alleging price-fixing and market allocation.
Masked Suspects Break Into Cambridge Home With Residents Inside
Masked suspects broke into a Cambridge home while residents were inside. Police investigate the incident as part of a series of break-ins in the GTA.
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Canadian Workplaces' Hidden Conflict: Fear of Managing
Canadian managers increasingly avoid conflict, fearing complaints and legal risks. This trend weakens leadership and shifts focus from resolution to risk minimization.
Young Canadians use recreational properties for homeownership entry
A REMAX survey reveals 45% of prospective recreational property buyers view it as a housing market entry, with young Canadians leading the trend.
Break-In at L.A. Frank's Leads to Charges; Police Seek More Suspects
Waterloo Regional Police have laid charges following a break-in at L.A. Frank's in Cambridge and are seeking additional suspects. Images released for identification.
Transit Workers in Metro Vancouver to Vote on Strike Action
Metro Vancouver transit workers will vote on strike action after negotiations with employer break down, potentially disrupting bus and SeaBus services.
Driver Clocked at More Than Twice Speed Limit in Brant County
Ontario police report a driver was traveling at more than double the posted speed limit in Brant County, leading to charges. The incident occurred on a local road.
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Canada's military resists Carney's 'buy Canadian' plan
Despite PM Carney's push to diversify military procurement away from the U.S., Canada's defence department appears to be favoring American suppliers, raising questions about the 'buy Canadian' strategy.
Tap-to-Pay Launches on Victoria Buses
Victoria buses now accept tap-to-pay contactless payments, offering riders automatic fare transfers and daily fare capping for convenience.
Inflation Data Gives Bank of Canada Flexibility to Hold Rates
Weak core inflation amid oil price spikes gives Bank of Canada leeway to hold rates steady, economists say. CPI rose 2.8% in April, below forecasts.
Halifax Grain Elevator to Run Until End of 2028
Halifax Grain Elevator Limited will continue operations at the Port of Halifax until at least December 2028, ensuring ongoing grain handling capacity.
Toronto Island Airport Expansion May Cause Severe Traffic
A committee hears that expanding Billy Bishop Airport could worsen Toronto traffic. The port authority defends the plan, citing economic benefits.
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Quebec group buys Saskatchewan's Info Services for $1.2B
Plenary Americas LP, a Quebec investment firm, acquires Information Services Corp. for $1.2B cash. The Regina-based data management firm will retain its head office and CEO.
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