Sony to Increase PlayStation 5 Price Again Due to Chip Costs
Sony is raising PlayStation 5 prices for a second time as memory chip manufacturing expenses surge, impacting consumer electronics pricing globally.
Category : Corporate News
Amazon Expands Vancouver Office in Former Canada Post Building
Amazon is solidifying its presence in downtown Vancouver with over 1,000 employees moving into the north tower of The Post complex, bringing its total workforce in the area to thousands and signaling confidence in the city's revival.
Court Approves $4.5M 23andMe Settlement, June Deadline
A Canadian court has approved a $4.5 million class-action settlement against genetic testing company 23andMe, with a June deadline set for eligible claimants to file.
NYSE Parent Invests $600M in Polymarket
Intercontinental Exchange, owner of the New York Stock Exchange, makes a major $600 million investment in the prediction market platform Polymarket, signaling growing institutional interest in alternative financial markets.
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SpaceX Listing Sparks Social Media Frenzy and Ticker Bets
SpaceX's potential public listing has ignited widespread speculation and social media buzz, with investors and enthusiasts betting on ticker symbols as the company moves toward a historic market debut.
Competition Bureau Alleges Rogers Misled on 'Infinite' Data Plans
The Competition Tribunal will hear new allegations from the Competition Bureau against Rogers Communications, accusing the telco of misleading consumers with 'infinite' data plans. This follows a previous legal battle over the Rogers-Shaw merger.
TSX Futures Down on Trump Hormuz Deadline Extension
Toronto Stock Exchange futures decline as investors remain cautious despite a deadline extension in the Strait of Hormuz, reflecting ongoing geopolitical tensions and economic uncertainty.
ATCO Eyes More Arctic Deals After Port Investment
Calgary-based ATCO Ltd. plans further investments in Canada's North after acquiring a stake in a deepwater port project, capitalizing on increased defense spending and Arctic development opportunities.
Air Canada CEO's Language Controversy Sparks Outrage
Air Canada CEO Michael Rousseau faces renewed criticism for issuing an English-only video statement after a fatal accident, reigniting debates about French language respect in Canada's official bilingual framework.
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Unipart Announces Strong 2025 Financial Results
Unipart, the supply chain performance improvement partner, has announced robust 2025 financial results, including £991.6m turnover and £27.9m underlying PBIT, while strengthening its balance sheet and expanding globally.
Markets Lower, Oil Gains After Wall Street's Worst Day
Global business shares mostly declined while oil prices advanced, reacting to Wall Street's steepest drop since the onset of the Iran conflict, signaling ongoing economic volatility.
Ontario's $4B Fund Targets AI, Defense, and Manufacturing Investments
Ontario is establishing a $4 billion fund to attract pension funds and investors into key sectors like artificial intelligence, defense, and manufacturing, with an external manager to oversee operations.
Windsor Gas Prices Swing, Relief Expected Friday
Windsor residents experience volatile gas prices this week, but analysts predict a welcome drop at pumps on Friday. This comes as Canadians receive Climate Action Incentive rebates in provinces with federal carbon tax.
BMO Aims for 15%+ ROE by 2028 via U.S. Expansion, AI
Bank of Montreal plans to boost return on equity above 15% by 2028 by strengthening its U.S. operations, deepening client relationships, and leveraging artificial intelligence for efficiency gains.
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Westland Insurance Names Cari Watson as EVP for Client Experience and Digital
Westland Insurance Group has appointed Cari Watson as Executive Vice President of Client Experience and Digital, effective March 30, 2026. Watson brings over 25 years of insurance industry experience to this strategic leadership role.
Windsor-Essex Chamber Marks 150 Years of Business Leadership
The Windsor-Essex Chamber of Commerce celebrates its sesquicentennial, reflecting on 150 years of advocating for local business interests through wars, economic crises, and technological changes.
Canadian Firm Eyes U.S. IPO for Computing Pivot
Calgary-based New West Data, an oil producer and Bitcoin miner, is exploring a U.S. initial public offering to raise funds for expanding into high-performance computing infrastructure.
Wall Street Drops on Middle East Tensions, Oil Bets
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.
Air Canada CEO Apologizes for Inadequate French Expression
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.
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Air Canada CEO Apologizes for French Language Amid Crash Fallout
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.
Air Canada CEO Apologizes for English-Only Crash Statement
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.
Air Canada CEO Apologizes for English-Only Crash Response
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.
Caisse Condemns Air Canada CEO's English Video on Crash
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.
BRP Reports $45.8M Q4 Profit, Ups Dividend
BRP Inc. reports a robust fourth quarter with a $45.8 million profit and a 16% revenue increase, alongside a dividend hike, highlighting strong performance in the powersports sector.
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Asian Stocks Fall, Oil Climbs on Iran War Uncertainties
Asian stock markets experienced declines while oil prices rose sharply as investors grappled with ongoing uncertainties surrounding de-escalation efforts in the Iran conflict, impacting global financial stability.
Air Canada Crash Survivors Could Sue for Nearly $300K
Survivors of the Air Canada crash at LaGuardia Airport may pursue legal claims for compensation up to nearly $300,000, according to a passenger rights advocate, as investigations into the fatal incident continue.
Middlesex County Pivots to Business Attraction Amid Population Surge
Middlesex County officials are actively pursuing new business investments to support a booming population, aiming to create jobs and stimulate economic development in the region.
Air Canada CEO's French Controversy After Fatal Crash
Air Canada CEO Michael Rousseau faces renewed criticism for delivering condolences in English after a fatal crash, reigniting language debates in Quebec and Ottawa.
E-Bikes, Boralex Deal, Rate Hikes, and Canadian GDP Analysis
A comprehensive look at today's top business stories in Canada, covering e-bike manufacturing, renewable energy acquisitions, interest rate debates, downsizing trends, and economic performance comparisons with the U.S.
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Air Canada CEO's 5-Year French Struggle: Ongoing Controversy
Air Canada CEO Michael Rousseau faces renewed criticism for not speaking French, continuing a five-year saga of language controversies that began with a 2021 Montreal speech and includes recent backlash over an English-only tragedy response.
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