Stellantis $70B Strategy Shift Under Filosa Sparks Market Caution
Stellantis announces a $70 billion strategic overhaul under new leadership, but investors remain cautious amid market uncertainties and operational challenges.
Category : Business Innovation
Smith Optimistic on Indigenous Pipeline Support
Premier Danielle Smith expressed confidence that First Nations will support a proposed Alberta-to-B.C. pipeline, emphasizing Indigenous participation and shared economic benefits.
Rohit Starts First Non-Market Housing in Calgary
Rohit Homes and Calgary Housing break ground on 176 affordable rental units in Midfield Heights, using a pioneering private-public partnership to reduce costs and speed delivery.
Blanche Defends Anti-Weaponization Fund, Says Taxpayers Back It
Acting AG Todd Blanche defends the $1.776B 'Anti-Weaponization' fund, claiming Americans want tax dollars spent on compensating victims of government weaponization, despite widespread criticism.
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Edmonton Events: Corb Lund, Rainmaker Fest, Twin Peaks
Corb Lund plays four nights at Starlite Room, Rainmaker Festival in St. Albert, and a Twin Peaks marathon highlight Edmonton events this week.
MDA Space Targets Global Defence Contracts with New Plant
MDA Space leverages its new Montreal digital satellite plant to secure more defence and aerospace contracts globally, aiming to reduce reliance on Canada.
Deere Shares Fall on Farm Challenges from Iran War
Deere & Co. shares slumped as sluggish North American farm machinery sales, driven by higher fuel and fertilizer costs from the Iran war, raised concerns about the agriculture economy.
Stellantis bets $70B on new models, partnerships for growth
Stellantis announces $70 billion investment in new models and strategic tie-ups to revive growth, focusing on electrification and technology partnerships.
Ross Video expanding footprint in Ottawa, Iroquois, Ont.
Ross Video CEO David Ross announces expansion plans in Ottawa and Iroquois, Ontario, with support from Ontario trade minister Vic Fedeli, boosting local economy and tech sector.
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Haleon Canada's 'For The Assist' Campaign with Canada Soccer
Haleon Canada partners with Canada Soccer for 'For The Assist,' celebrating everyday health supports that enable Canadian wellbeing, featuring Richie Laryea.
FIFA World Cup's $1B Price Tag Can Be Positive: Economist
An economist argues that despite the $1 billion cost, the 2026 FIFA World Cup can benefit Canada economically and socially, boosting tourism and infrastructure.
SpaceX IPO Filing Shows $4.28B Loss, Musk's Control
SpaceX's IPO filing reveals a $4.28 billion loss and Elon Musk's super-voting shares, aiming for a $2 trillion valuation with Mars settlement goals.
IperionX Commissions Six-Axis Press for Titanium Parts
IperionX has commissioned a 300-ton six-axis SACMI powder metallurgy press in Virginia, tripling capacity and enabling complex titanium components for defense, aerospace, and industrial use.
Trump's Loss Is Canada's Gain as Tourism Booms at Home
Canadian tourists stay home amid US tensions, boosting domestic travel by 10% and creating thousands of jobs, according to a Desjardins study.
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Lightspeed Commerce Reports Q4 Loss, Revenue Up 15%
Lightspeed Commerce Inc. reported a US$28.6M loss in Q4, with revenue increasing 15% year-over-year, driven by growth in its commerce platform.
Baby Name Vance Drops Out of Top 1000
The baby name Vance fell 83 spots in 2025, exiting the Top 1000 for the first time since 1900, with experts citing style shifts and political associations.
Pinewood.AI Expands BI Modules for Deeper Financial Insights
Pinewood.AI launches Accounting & Finance and Customer BI modules, providing dealers and OEMs with real-time, actionable insights into financial performance and customer journey data.
PU Prime Dream Fund Targets Global Education Gap
PU Prime launches Dream Fund in Nigeria to sponsor 23 children's education, addressing the global crisis with multi-year support for academic fees, supplies, and digital tools.
WEMADE and NICE I&T Partner on Web3 Payment Infrastructure
WEMADE partners with NICE I&T to build Web3 payment infrastructure, integrating digital assets into South Korean merchants and joining GAKS for stablecoin development.
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Calgary firms regain confidence after tough 2025 tariff challenges
Calgary companies are seeing renewed confidence after a challenging 2025 marked by tariff uncertainty, with firms like Casa Bonita Foods finding new opportunities amid adversity.
Edmonton Cafe Owner Seeks Cannabis Sales Law Change
The owner of New Amsterdam Cafe on Whyte Avenue hopes Edmonton updates its laws to allow on-site cannabis sales, envisioning a full-service cannabis-friendly cafe.
Whitecaps owe fans loyalty over cross-border dollars
A passionate fan argues the Whitecaps must prioritize local roots over relocation to Las Vegas, urging ownership to work with the province on a new stadium deal.
Kingsville Public Meeting on ADU Rules and Regulations
Kingsville will hold a public information session on additional dwelling units to clarify local rules and regulations for residents.
Fredericton Arts Centre 44% Complete
Construction of the new Fredericton Performing Arts Centre is 44% complete, marking a significant milestone for the project.
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Ford Praises Flags Unlimited's 60-Year Legacy in Barrie
Ontario Premier Doug Ford toured Flags Unlimited in Barrie, Ont., praising the manufacturer's 60-year history and contributions to the local economy.
Surrey Drug Kingpin Gets 6.5 Years in US Prison for Meth Smuggling
Opinder Sian, a Surrey gangster linked to Brothers Keepers, was sentenced to 6.5 years in US prison for conspiring to smuggle methamphetamine to Australia.
Statistics Canada ends quarterly wealth reports; CIBC pushes defence
Statistics Canada ends detailed quarterly household wealth reports, CIBC urges defence investment, Canada tops infrastructure poll, summer jobs stabilize, and NATO's bank explained.
French's Partners with Minions & Monsters for Summer Mustard
French's announces a partnership with Illumination's Minions & Monsters, releasing a limited-edition yellow mustard with film-inspired packaging across Canada starting June 1, 2026.
Toronto World Cup Hotel Demand Below Expectations
A Toronto official reveals hotel demand for the 2026 FIFA World Cup is not meeting projections, raising concerns about economic impact and tourism forecasts.
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Cookie Campaign Gives 3 Sudbury Charities $218K
The Smile Cookie campaign in Sudbury raised $218,000 for three local charities, with celebrities and leaders decorating cookies to support the cause.
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