Bombardier Stays No. 2 in Business Jets, Gulfstream Pulls Ahead
Bombardier remains the world's second-largest business jet manufacturer, but rival Gulfstream has increased its market lead, highlighting competitive pressures in the aviation sector.
Category : Corporate News
Lululemon Founder Slams Board's Weak Response
Chip Wilson, founder of Lululemon, has publicly criticized the company's board for what he calls a weak and insufficient response to his suggestions regarding corporate direction and strategy.
News Roundup: Alberta Deficit, Travel Delays, Health Alerts
A recap of key stories this week, including Alberta's $9.4B budget deficit, travel disruptions in Puerto Vallarta, and health recommendations for children's cholesterol screening.
Montreal Bakery Scrutinized by OQLF for English TikTok Content
A family-run Montreal bakery, Lahmajoune, received a letter from Quebec's language watchdog regarding its English-only TikTok posts. The OQLF requested compliance with Bill 96, sparking public debate and support online.
Paramount Wins Warner Bros Bid Over Netflix After Hostile Campaign
Paramount Skydance emerges victorious in the months-long battle to acquire Warner Bros Discovery after Netflix refuses to raise its bid. The deal faces regulatory scrutiny but promises significant value for shareholders.
Boralex Names Philippe Bonin as CFO to Lead Financial Strategy
Boralex Inc. announces Philippe Bonin as Executive Vice President and CFO, effective March 16, 2026. Bonin brings extensive financial experience to support the company's 2030 Strategic Plan and growth initiatives.
Moroun Family's Fight Against $6.4B Gordie Howe Bridge
The secretive billionaire Moroun family continues their decades-long fight to protect their Ambassador Bridge monopoly, allegedly using political ties to block the rival Gordie Howe International Bridge.
Lululemon Founder Ramps Up Pressure in Proxy Fight
Lululemon founder Chip Wilson escalates his campaign against the company's board, pushing for significant changes as a proxy contest unfolds, highlighting corporate governance tensions.
AtkinsRéalis Q4 Profit and Revenue Rise, Backlog Hits Record
Engineering giant AtkinsRéalis reports increased Q4 profit and revenue, with its backlog climbing to a record high, driven by global infrastructure demand and government spending.
Block Cuts 40% of Staff, CEO Cites AI as Catalyst
Financial technology firm Block, co-founded by Jack Dorsey, has laid off nearly half its employees. The CEO attributes this to AI integration, predicting widespread industry adoption of similar cuts.
Paramount Outbids Netflix for Warner Bros., CNN's Future Uncertain
Netflix declines to raise its offer for Warner Bros. Studios and HBO after Paramount submits a superior bid, raising concerns about potential changes at CNN under new ownership.
Canada's SPAC Crisis: Market Shortcut Leads to Investor Losses
Five years after the pandemic SPAC boom, numerous Canadian companies that went public via this shortcut have collapsed, raising questions about regulatory oversight and investor protection in this controversial market structure.
BusinessNewsWorld Shares Higher in AI-Driven Week
BusinessNewsWorld stocks showed gains as artificial intelligence developments dominated financial news, highlighting investor focus on tech sector momentum.
Netflix Exits Warner Bros. Bid, Paramount Wins $111B Deal
Netflix has withdrawn its bid for Warner Bros. Discovery, allowing Paramount Skydance Corp. to proceed with a $111 billion acquisition. The decision ends a contentious bidding war and shifts focus to regulatory scrutiny.
Bombardier Targets India Growth, Gripen Fighter Deal Unlikely
Bombardier's CEO highlights strong opportunities in India's aviation market while downplaying involvement in Canada's potential Gripen fighter jet contract with SAAB.
Stantec's Record 2025 Income Driven by Defense and AI Data Centers
Edmonton-based engineering firm Stantec achieved record income in 2025 with $6.5 billion in net revenue, driven by defense contracts and AI data center projects across Canada and the U.S.
Paramount's Superior Bid Sparks Warner Bros. Discovery War
Warner Bros. Discovery has declared Paramount's takeover offer superior to Netflix's bid, potentially igniting a fresh bidding war for the Hollywood giant.
Truck Blockade at Titan Tool in Windsor
Six transport trucks blocked Howard Avenue in Windsor, preventing access to Titan Tool. The incident highlights ongoing labor disputes in the manufacturing sector.
Bombardier Eyes India for Business Jet Sales Growth
Bombardier's CEO highlights India as a key emerging market for business aviation, citing economic growth and increasing demand for private air travel among the country's elite.
WSP Global Benefits from Government Infrastructure Projects
The CEO of WSP Global Inc. highlights how increased government spending on infrastructure is driving the company's expansion and success in the engineering sector.
Gildan Q4 Sales Jump 31% After HanesBrands Deal
Gildan Activewear reports a significant 31% increase in fourth-quarter net sales, driven primarily by its strategic acquisition of HanesBrands. The deal has bolstered the company's market position and financial performance.
WEF Head Borge Brende Resigns Over Epstein Ties
World Economic Forum President Borge Brende steps down following scrutiny of his connections to Jeffrey Epstein, as new files reveal ties to other high-profile figures.
EBay Cuts 800 Jobs in Third Round of Layoffs in Three Years
EBay Inc. is laying off approximately 800 full-time employees, representing six per cent of its global workforce, as part of a strategic realignment. This marks the third round of job cuts in three years, following earlier reductions in 2023 and 2024.
Quebecor Q4 Profits Up on Wireless Revenue Growth
Quebecor reports increased fourth-quarter profits driven by higher wireless revenue per customer, with CEO Pierre Karl Péladeau highlighting strategic gains amid competitive market conditions.
WEF CEO Brende Steps Down Amid Epstein Links Probe
World Economic Forum CEO Børge Brende has resigned after an investigation into his connections with Jeffrey Epstein. The WEF concluded its probe, finding no additional concerns beyond previously disclosed meetings.
Wendy's Canada Launches New Crispy Chicken Sandwich Under $4
Wendy's Canada introduces a new Crispy Chicken Sandwich to its Quality Choices value menu, priced under $4 and available all day. Made with 100% Canadian chicken, it reinforces the brand's commitment to quality and affordability.
SAGA Metals Completes Warrant Acceleration, Secures C$3.4M
SAGA Metals Corp. announces the successful expiry of its Warrant Acceleration Program, generating C$3,422,888 in proceeds from exercised warrants since January 2026, strengthening the company's financial position.
Trump-Backed Bitcoin Firm Swings to Loss in Crypto Selloff
American Bitcoin, a cryptocurrency firm with ties to the Trump family, has posted a quarterly loss as the broader digital asset market experiences a significant selloff, highlighting volatility in the sector.
WEF CEO Borge Brende Quits After Epstein Ties Scrutinized
Borge Brende, CEO of the World Economic Forum, has resigned following intense scrutiny over his past associations with Jeffrey Epstein. The departure marks a significant leadership change at the influential global organization.
WEF President Borge Brende Steps Down After Epstein Investigation
Borge Brende, President and CEO of the World Economic Forum, has resigned following an independent investigation into his connections with convicted sex offender Jeffrey Epstein.
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