TSX Jumps Most in a Year on War-End Hopes
Canada's S&P/TSX composite index surged up to 2.6% on Tuesday, its biggest intraday gain since April 2025, driven by optimism over potential peace in the Iran conflict and a rally in precious metals stocks.
Category : Business
Suncor Expands, OAS Reforms, GDP Rises, Housing Market Update
Key developments in Canada's energy sector, economic indicators, and policy debates. Suncor addresses bitumen supply challenges, GDP beats forecasts, and housing construction faces buyer demand issues.
Calgary Property Tax Hike Finalized at 8.1%
Calgary homeowners face an 8.1% property tax increase in May, with the provincial portion jumping 19.8% while the city limited its increase to 1.2%, creating what Mayor Jeromy Farkas calls a 'jarring' disparity.
Easter Grocery Sticker Shock Hits Ottawa Amid Rising Food Prices
Ottawa shoppers face Easter sticker shock with climbing food prices, particularly for meats, as inflation impacts holiday meal planning across the region.
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Electrical Fire Closes Wingham Tim Horton's
An electrical fire has led to the temporary closure of a Tim Horton's in Wingham, with fire officials responding to the incident. No injuries were reported.
U.S. Air Travel Down 30% in February, Domestic Flights Rise
Statistics Canada reports a 30% drop in air travel to the U.S. in February 2026, marking 13 months of declines amid trade tensions, while domestic and international flights show growth.
Halifax Grocery Rebuilds After Fire, Owners Say 'Worth It'
Tian Phat Asian Grocery in Halifax, co-owned by Linh Nguyen and Harold Knickle, has successfully reopened after a fire forced a complete rebuild, with the owners expressing resilience and community support.
WB 401 Lanes Reopen in Whitby After Collision
All westbound lanes on Highway 401 in Whitby have reopened after a collision near Brock Street. Police confirm cleanup efforts are complete following the incident.
Montreal Woman Alleges Systemic Racism in Career Promotions
Wanda Kagan, a Montreal professional, claims systemic racism has repeatedly blocked her career advancement, highlighting ongoing workplace discrimination issues in Canada.
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Hello Kitty Compass Cards Launch in Vancouver
TransLink introduces limited-edition Hello Kitty Compass Cards featuring Sanrio characters, available for purchase starting this weekend in Vancouver.
Vale Base Metals Focuses on Internal Growth, Not IPO
Vale Base Metals executives emphasize developing existing assets instead of pursuing acquisitions or a near-term IPO, while reaffirming a goal to double copper production by 2035.
Glebe Bus Lane Pilot Approved, Businesses Worry About Parking
A contentious bus-only lane pilot project in Ottawa's Glebe neighborhood has been approved by committee, set to launch in summer 2027. The plan will remove 17 parking spaces and extend no-parking hours for 146 more, raising concerns from local businesses
Police Tips on When to Stop Driving: Navigating the Decision
As road safety concerns grow, police provide essential advice for older drivers and families facing the difficult decision about when to stop driving, emphasizing safety and alternative transportation options.
Sun Life Invests $2B+ in Asset Management Expansion
Sun Life Financial completes three major deals totaling over $2 billion to expand its asset management business, resolving $2.24 billion in liabilities and boosting its SLC Management division.
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LTC Names New Specialized Service Provider, Replacing Voyago
The London Transit Commission has selected a new provider for its specialized transit service, aiming to improve operations after ending its contract with Voyago. The change reflects ongoing efforts to enhance accessibility and reliability for passengers
Emergency Approval for Strychnine Against Gophers in Saskatchewan
Saskatchewan and Alberta have received emergency authorization from Health Canada to use strychnine pesticide against gophers, aiming to protect crops from significant damage caused by rising rodent populations.
Copper Cable Theft in Guelph-Eramosa Disrupts Services
Approximately 100 meters of copper telecommunications cable was stolen in Guelph-Eramosa Township, causing service disruptions and prompting a police investigation into the incident.
Report Calls for Modernizing Alberta Agriculture Amid Challenges
A new report highlights the urgent need to modernize Alberta's agriculture sector, citing escalating costs and global uncertainties as key drivers for innovation and resilience.
Unlicensed Teen Hurt in Northern Ontario Snowmobile Crash
A teenage driver without a proper license was seriously injured in a snowmobile accident on northern Ontario trails. Ontario Provincial Police are investigating the incident.
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Poilievre Calls for High-Speed Rail Project Cancellation
Conservative Leader Pierre Poilievre criticizes the Alto high-speed railway as a luxury service for the wealthy, urging the government to scrap the costly infrastructure project.
Puslinch Complaint Leads to Money Laundering Charge
A complaint from a Puslinch resident has resulted in a money laundering charge after police investigation. The case highlights community vigilance in financial crimes.
Alberta Business Converts Cannabis Site to Mushroom Farm
Hypha Farms has repurposed a vacant cannabis greenhouse in Claresholm into a thriving gourmet mushroom and produce operation, meeting growing demand for local, sustainable food.
Carney: Alberta Energy Deal Deadlines Missed, Pipeline Key
Prime Minister Mark Carney confirms deadlines for carbon pricing and carbon capture agreements with Alberta will be missed, while reaffirming West Coast pipeline as federal priority amid global oil market disruptions.
Kitchener Moves Forward with Renoviction Bylaw Proposal
Kitchener's committee has voted to proceed with developing a renoviction bylaw, aiming to regulate tenant evictions for renovations and balance rights between landlords and renters.
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Dow Surges 1,000 Points in Wall Street Recovery
The Dow Jones Industrial Average surged by 1,000 points on March 31, 2026, marking a significant recovery from recent wartime losses. This rally reflects renewed investor confidence amid global economic shifts.
TC Energy CEO Pushes for Faster Project Approvals
TC Energy CEO François Poirier has renewed calls for expedited project approvals in Canada, emphasizing the need for streamlined processes to boost energy infrastructure and economic growth.
Air Canada's Rousseau Case: Language as Legal Crisis
The controversy surrounding Air Canada CEO Michael Rousseau's unilingualism reveals how language proficiency transforms from a soft skill into a serious legal and governance obligation for executives.
Peloton Stock Surges After EMJ Capital Upgrade
Peloton shares jumped overnight following an upgrade by EMJ Capital, with founder Eric Jackson expressing confidence in the company's future despite recent challenges.
Vancouver Office Tower Threatens Waterfront Station Views
A controversial 22-storey office tower proposal for Vancouver's Waterfront Station site raises concerns about blocking iconic views and compromising public waterfront revitalization plans.
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Iran Oil Shock: Worst Energy Crisis in Decades, Expert Warns
Energy expert Eric Nuttall warns that the Iran war and Strait of Hormuz closure have cut 11 million barrels daily, with North American shortages expected within weeks.
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