Iran has earned hundreds of millions in extra oil income since the war began, benefiting from price surges as it remains the only major exporter using the Strait of Hormuz, with exports holding steady at 1.6 million barrels daily.
Greg Taylor, CIO at PenderFund Capital Management, discusses how investors are reducing risk and finding value in turbulent markets, offering insights for portfolio management.
Ottawa drivers will see a significant 6-cent per liter drop in gasoline prices this Friday, continuing the recent roller coaster of fuel cost fluctuations in the region.
A Fraser Institute study predicts Canada's carbon tax increase to $170 per tonne by 2030 could reduce average worker income by $1,160, eliminate 50,000 jobs, and shrink the economy by 1.3%, with Alberta hardest hit.
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Canada's largest dairy cooperative, Agropur, has issued a voluntary recall for multiple milk products across several provinces due to potential glass contamination, following a customer complaint.
Vancouver-based Defense Metals Corp. is developing Canada's first rare earth mine at the Wicheeda project, aiming to capture 7-8% of global production by 2030 with government support.
Multiple groups are exploring options for the former Hudson's Bay flagship building in downtown Vancouver, with commercial brokers indicating a pricing guidance of $230 million for the 600,000-square-foot property.
A new study by Century 21 Canada and Ipsos reveals 55% of Canadians aren't living in their ideal home, with most wanting more space and single detached houses. Affordability remains a key barrier.
A new analysis shows households in Ottawa require a minimum annual income of $122,440 to purchase a home, highlighting affordability challenges in the capital's real estate market.
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Motorists in Toronto can expect relief at the pumps as gas prices are forecast to decrease by six cents per litre this Friday, according to industry analyst Dan McTeague.
Latin Metals Inc. has commenced its first systematic exploration program at the Ventana North copper property in northwest Argentina, part of a 500,000-hectare regional copper exploration portfolio. The 2026 field program aims to identify high-grade coppe
A male cyclist suffered serious injuries in a crash with a vehicle at the intersection of Pleasant Park and Haig drives in Ottawa's Alta Vista neighborhood early Thursday morning.
New York's financial sector saw bonuses surge 9% to an unprecedented $49.2 billion in 2025, according to the state comptroller, highlighting robust industry performance amid economic shifts.
Global markets, including Wall Street, decline as missile attacks on Israel and uncertainty in peace talks fuel investor anxiety, compounded by surging oil bets raising manipulation fears.
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The OECD reports that escalating conflict in Iran has eliminated projected global economic growth improvements and is driving inflation higher worldwide, impacting markets and policy.
The City of Windsor has incorporated three city-owned properties into its Housing Solutions Made for Windsor initiative, aiming to boost affordable housing development and address local housing needs.
Despite surging oil prices, Wall Street analysts remain optimistic that U.S. corporate earnings will remain resilient, citing strong economic fundamentals and corporate adaptability.
Air Canada's CEO has issued a public apology for his inability to express himself 'adequately in French,' reigniting discussions on bilingualism in corporate leadership and national identity.
World Trade Organization Director-General Ngozi Okonjo-Iweala states the international trade landscape has undergone permanent transformation, highlighting new challenges and opportunities.
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Transit Windsor reports an 18% decline in ridership for 2025, attributed to fewer students and ongoing route detours, impacting public transportation efficiency in the region.
Rio Tinto Group closes its final diamond mine, Diavik, marking an end to over 50 years in the business. The move is part of a strategy to focus on key commodities like iron ore and lithium.
Air Canada CEO Michael Rousseau expresses regret over his inability to speak French, which has overshadowed condolences for pilots killed in the LaGuardia airport crash.
Maxus Mining Inc. has successfully earned complete ownership of the Alturas West Property in British Columbia, including the historic Alps-Alturas antimony mine, strengthening its position in the critical minerals sector.
Aduro Clean Technologies has become a member of Chemical Recycling Europe, strengthening its position as it develops its first-of-a-kind industrial plant in the Netherlands and engages in regulatory frameworks.
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Rystad Energy estimates a $25 billion repair cost for Gulf oil infrastructure damaged in Middle East conflict, with recovery taking up to five years due to structural constraints beyond capital.
Air Canada CEO Michael Rousseau apologizes for issuing an English-only condolence message after a fatal LaGuardia Airport crash, drawing criticism from Quebec politicians and federal officials.
Ottawa's public transit agency OC Transpo canceled 22% of scheduled bus trips on a major route during the second week of March 2026, highlighting ongoing service reliability challenges.
A Toronto Transit Commission streetcar derailed at Leslie Barns Carhouse, leading to significant delays on several key routes including King, Dundas, and Spadina lines.
Air Canada's CEO has issued a formal apology after the airline's initial response to a deadly LaGuardia crash was provided only in English, sparking criticism from French-speaking communities and aviation safety advocates.
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Quebec's Caisse de Depot criticized Air Canada CEO Michael Rousseau for delivering a video statement almost entirely in English about the LaGuardia Airport collision, joining Prime Minister Mark Carney in rebuking the airline executive.
