Toronto, Vancouver Show Highest Mortgage Stress: CMHC
A new report from Canada's housing agency identifies Toronto and Vancouver as the metropolitan areas with the most significant signs of mortgage payment difficulties among homeowners.
Category : Business
Air Canada Supreme Court Case on Advertised Pricing
The Supreme Court of Canada will hear a class-action lawsuit alleging Air Canada charged more than advertised prices, potentially impacting consumer rights and airline transparency nationwide.
Manitoba All-Season Road Cleared of Major Environmental Harm
A federal environmental assessment concludes that Manitoba's proposed all-season road will not cause significant ecological damage, paving the way for improved northern connectivity.
N.S. RCMP Hunts 3 in Counterfeit $50 Bill Probe
Nova Scotia RCMP is actively searching for three individuals connected to the circulation of counterfeit $50 bank notes across the province, urging public assistance.
Vancouver Police Probe Rollover Crash at Major Intersection
Vancouver police are investigating a serious rollover crash that forced the closure of a major city intersection on Thursday. Authorities are working to determine the cause of the incident.
Calgary Couple Charged in Travel Business Fraud Case
A Calgary couple has been criminally charged after allegedly operating a fraudulent travel business, with authorities investigating multiple complaints from customers.
$3K+ Cosmetics Stolen from Hanover Store
Hanover Police are investigating a significant theft where more than $3,000 worth of cosmetics was stolen from a local store, highlighting retail crime concerns.
TSX Drops 500+ Points, U.S. Markets Also Fall
The S&P/TSX composite index fell sharply by more than 500 points, with U.S. stock markets also declining significantly in a widespread market downturn.
Supreme Court to Hear Air Canada Pricing Case
Canada's Supreme Court will adjudicate a protracted legal dispute concerning Air Canada's advertised pricing, a case with significant implications for consumer protection and corporate advertising standards nationwide.
Barrie's Georgian Mall Closed Briefly Over Gas Leak
Georgian Mall in Barrie, Ontario, experienced a brief closure following a suspected gas leak on Bayfield Street, prompting emergency response and safety protocols.
Rio Tinto Ends Glencore Merger Talks
Rio Tinto Group has terminated negotiations to acquire Glencore PLC, ending a potential mega-merger that would have created the world's largest mining company. The deal collapsed due to valuation disagreements and management culture differences.
Glencore, Rio Tinto Abandon Merger Talks
Rio Tinto announces it is no longer considering a bid for Glencore, ending talks for a merger that would have formed the world's largest mining company.
Canada's Housing Market Splits: Half Declining, Half Rising
National Bank report reveals Canada's housing market is split geographically, with B.C., Ontario, Alberta seeing declines while Manitoba, Quebec, Saskatchewan show sales growth.
Davos Forum Probes CEO Brende's Epstein Links
The World Economic Forum initiates an independent review into CEO Borge Brende's interactions with Jeffrey Epstein after his name appears in newly released documents.
Law Firm Chairman Resigns After Epstein Emails Made Public
The chairman of a prominent law firm has stepped down after emails connected to Jeffrey Epstein were publicly disclosed, marking a significant development in the ongoing fallout from the Epstein case.
US Job Openings Fall to 6.5 Million, Lowest Since 2020
US job openings declined to 6.5 million in recent data, marking the lowest level since 2020, as the labor market shows signs of persistent sluggishness amid broader economic shifts.
Canada Goose Q3 Profit Falls Despite Diversification Gains
Canada Goose Holdings Inc. saw its third-quarter profit decline year-over-year, but the luxury apparel company reports its diversification efforts are yielding positive results as it expands beyond its core parka business.
STM Bus Network Redesign for Montreal's Centre-North, West Island
The STM has revealed its comprehensive bus network redesign plan for Montreal's Centre-North and West Island areas, promising improved service and connectivity for residents.
Kingston Driver Accused of 128 km/h in 50 Zone
Kingston police report a driver was allegedly caught traveling 128 km/h in a 50 km/h zone on John Counter Boulevard, highlighting ongoing traffic safety concerns in Ontario communities.
Lightspeed Commerce Q3 Revenue Up 11% Year-Over-Year
Montreal-based Lightspeed Commerce reports an 11% increase in third-quarter revenue compared to the previous year, highlighting steady growth in the competitive commerce technology sector.
AI Boom Fatigue Triggers Trillion-Dollar Tech Stock Selloff
A massive selloff in AI-related stocks has wiped hundreds of billions from markets globally, with software companies at the epicenter. Even long-term AI beneficiaries show signs of investor fatigue amid fears of business model disruption.
Calgary, Halifax, Ottawa See Housing Price Growth in 2025
While national housing prices fell 1% in December 2025, Calgary, Halifax, and Ottawa bucked the trend with 2% growth. Quebec City led gains at 12%, while Toronto and Vancouver saw significant declines.
U.S. Job Openings Fall to Lowest Level Since 2020
U.S. job openings dropped to 6.5 million in December, the lowest in over five years, highlighting a sluggish labor market despite strong economic growth.
U.S. Pitches Mineral Price Floors to Reduce China Dependence
The Trump administration hosted 55 countries at a critical minerals summit, proposing price floors and private equity investments to secure supply chains and reduce reliance on China.
Guelph Police Hunt for Two in $2K Counterfeit Cash Scam
Guelph Police are searching for two men after approximately $2,000 in counterfeit currency was used during a local buy-and-sell transaction, highlighting concerns over fraudulent activities in community exchanges.
Cologix Acquires 38 Acres in Ashburn for $5B Growth Plan
Cologix announces strategic 38-acre land acquisition in Ashburn, Virginia, to develop new AI-ready interconnection hub supporting long-term $5B Northern Virginia growth plan.
Woman Seriously Injured in Porters Lake Truck Incident
A 27-year-old woman sustained serious injuries after being struck by a truck in Porters Lake, Nova Scotia. The incident highlights ongoing pedestrian safety concerns in the region.
Windsor Fraud Spike in January Linked to Identity Theft
Windsor Police Service reports a significant increase in fraud cases during January, primarily fueled by a rise in identity theft incidents affecting local residents.
Cuba Power Outages Persist as U.S. Tensions Escalate
Cubans face ongoing electricity blackouts and energy rationing, with tensions with the U.S. adding to the strain. The situation highlights infrastructure challenges and geopolitical pressures.
Law Firm Chairman Resigns Over Epstein Connections
Brad Karp resigns as Paul Weiss chairman after documents reveal his professional and social ties to Jeffrey Epstein while advising billionaire Leon Black on financial matters.
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