Judge Blocks Discount Retailer at Yorkdale Mall
A judge has prevented Quebec-based discount retailer Les Ailes de la Mode from occupying the former Hudson's Bay store at Toronto's upscale Yorkdale Shopping Centre, citing commercial unsuitability.
Category : Business
Goldman Sachs CEO Predicts Deal Activity Boost from Sponsors
David Solomon, CEO of Goldman Sachs, suggests that financial sponsors could drive a resurgence in mergers and acquisitions, signaling optimism for the investment banking sector amid current market conditions.
Vereigen Media Launches ABM ROI Framework for Enterprises
Vereigen Media introduces a performance-focused framework for measuring ABM ROI in enterprise campaigns, replacing vanity metrics with verified engagement and first-party data to demonstrate real business impact.
Alex Fraser Bridge Accident Triggers Traffic Delays
A vehicle collision on the Alex Fraser Bridge has closed one southbound lane, causing significant traffic delays. The Pattullo Bridge remains closed until Friday, compounding Metro Vancouver's commuting challenges.
Paramount Enhances Warner Bros. Bid with Cash and Netflix Fee
Paramount Global has increased its bid for Warner Bros. Discovery by adding extra cash and covering potential Netflix break-up fees, intensifying merger talks in the media industry.
Canadian Airlines Halt Montreal-Cuba Flights Until April
WestJet and Air Transat join Air Canada in suspending all flights between Montreal and Cuba until at least late April due to severe aviation fuel shortages on the island.
BP Halts Share Buybacks as Pressure Mounts
BP Plc suspends its $750 million quarterly share repurchase program to strengthen its balance sheet as the UK energy company faces increasing pressure to deliver on its turnaround strategy.
Fast Food Downturn Reflects U.S. Economic Pressure
Rising prices at fast-food chains are driving away budget-conscious customers, challenging the industry's business model and revealing broader economic concerns.
Retail Sales Unchanged in December, Ending Year on Weak Note
Canadian retail sales showed no growth in December compared to November, indicating a sluggish finish to 2025 for the consumer sector amid economic uncertainty.
Alphabet Seeks $9.4B in Pound, Swiss Franc Bond Sales
Alphabet Inc. is raising at least US$9.4 billion through sterling and Swiss franc-denominated bonds, featuring an ultra-rare 100-year note. This follows a massive US$20 billion dollar debt sale earlier this week.
Virtus REIT Buys Riverview Property for $10.15M
Virtus Diversified REIT has strategically acquired a 50-unit apartment building in Riverview, New Brunswick for $10.15 million, expanding its portfolio in Atlantic Canada's high-growth markets.
China's Lunar New Year Travel Rush Begins with Record Trips
China's Lunar New Year travel period has commenced, with projections of a historic 9.5 billion trips. This massive migration highlights cultural traditions and modern transportation challenges.
Guelph Man Heroically Pushes Girlfriend to Safety, Hit by Truck
A man in Guelph, Ontario, was critically injured after being struck by a transport truck while pushing his girlfriend out of harm's way in a selfless act of bravery on a local street.
Coke Demand Up in Q4, But Outlook Sinks Shares
Coca-Cola reports resilient fourth-quarter demand despite higher prices, but a cautious forward-looking statement leads to a significant drop in its stock value, reflecting market concerns.
NL LNG Plans Announced Without Mayor's Input
Companies unveil plans for a liquefied natural gas facility in rural Newfoundland, but the local mayor reveals he hasn't been consulted, raising questions about community engagement and project transparency.
Fight Disrupts Service on Exo's Vaudreuil/Hudson Line
A physical altercation aboard an Exo commuter train on the Vaudreuil/Hudson line caused significant service interruptions for Montreal-area passengers, highlighting ongoing transit safety concerns.
Montreal Gas Prices High Despite Provincial Drop: Report
A CAA-Quebec report reveals Montreal's gas prices dropped only 1.2% in 2025, while provincial average fell 5.8%, maintaining the city's status as Canada's highest-taxed fuel market.
WestJet, Sunwing Suspend Cuba Service Over Fuel Issues
WestJet and Sunwing have joined Air Canada in suspending flights to Cuba due to a severe jet fuel shortage on the island, deploying empty planes to repatriate stranded Canadian travelers.
Pan American Energy 2026 Winter Drill Program Update
Pan American Energy Corp. announces its 2026 winter diamond drilling program at the Tharsis Project in Northwest Territories, targeting rare earth elements, niobium, and yttrium.
Alphabet Sells $20B Bonds for AI Spending
Google's parent company, Alphabet, has completed a massive $20 billion bond offering. The funds are earmarked to accelerate its spending in the competitive artificial intelligence sector.
VIA Rail Cancels Trips on Ottawa-Montreal-Toronto Corridor
VIA Rail has cancelled numerous passenger trips along the busy Ottawa-Montreal-Toronto corridor this week, citing operational constraints amid winter weather challenges.
Canadian Airlines Suspend Cuba Flights Amid Crisis
Air Canada and other major carriers have suspended flights to Cuba due to a worsening energy crisis and a U.S. oil blockade, leaving Canadian travelers stranded and seeking alternatives.
Trump Threatens to Block New Detroit-Windsor Bridge Opening
Former U.S. President Donald Trump threatens to block the Gordie Howe International Bridge opening, demanding compensation and half ownership despite Canada financing the $6.4 billion project.
Caledon OPP Pulls Unsafe Vehicles, Lays Multiple Charges
Ontario Provincial Police in Caledon conducted targeted traffic enforcement, removing unsafe vehicles from local roads and laying multiple charges against drivers.
Wilmot Township Approves 2026 Budget with 9.2% Tax Hike
Wilmot Township has officially approved its 2026 municipal budget, implementing a significant 9.2 per cent property tax increase after adjustments from initial proposals.
Delta Irrigation Opens First Saskatchewan Branch in Saskatoon
Delta Irrigation has launched its first Saskatchewan location in Saskatoon, offering farmers irrigation services and water solutions to boost crop yields and agricultural productivity.
Washington Metro Orders 100 New Flyer Buses
Washington Metropolitan Area Transit Authority exercises options for 75 hybrid-electric and 25 battery-electric buses from New Flyer to modernize fleet and reduce emissions.
Labrador Gold, Nemo Resources Form Joint Venture for Watson Project
Labrador Gold Corp. announces a joint venture with Nemo Resources through Elementary Minerals Inc. to explore the Watson Project, a 127,100-hectare mineral claim in Ontario's Fort Hope greenstone belt.
Abaxx Pilots T+0 Collateral Mobilization for Gold and Securities
Abaxx Technologies has successfully completed commercial pilots demonstrating T+0 collateral mobilization for physical gold and regulated securities, addressing inefficiencies in multi-trillion dollar markets.
Japanese Luxury Strawberries Launch in Canadian Markets
Oishii's premium Koyo Berries, vertically farmed in New Jersey, debut at Toronto grocers for $12.99 per package, offering year-round availability and distinctive flavor.
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