Carney's Canada Strong Fund Sparks Debate on State Investment
Prime Minister Mark Carney's new sovereign wealth fund, the Canada Strong Fund, aims to boost state-managed investment but critics argue it expands government intervention.
Category : Business
Legal Misunderstandings of Layoffs in Canada
Howard Levitt and Jensen McCauley explain why layoffs are not a simple pause but a legal minefield, and how employers and employees often misinterpret their rights under Ontario's Employment Standards Act.
Illusion of Diversification: Canadian Portfolios Riskier Than They Seem
Many Canadian investors believe their portfolios are diversified, but hidden concentrations in sectors and overlapping funds create far more risk than realized. Learn how to break the illusion.
Can Carney Reduce Canada's U.S. Trade Dependence?
A new Fraser Institute report finds that despite decades of efforts, Canada has failed to significantly diversify trade away from the U.S., with nearly 80% of exports still going south.
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Bank of Canada Likely to Keep Rate at 2.25% on Oil Spike
The Bank of Canada is expected to maintain its benchmark interest rate at 2.25% due to rising oil prices from the Iran war, according to analysts.
Asian stocks rise, oil climbs on UAE OPEC exit
Asian stocks mostly gained and oil prices rose after the UAE announced it would leave OPEC. Markets also reacted to trade tensions and economic data.
Sask. widower urges rail safety improvements at deadly crossing
A Saskatchewan widower is calling on the province to install warning lights at a Churchbridge rail crossing where his wife died in a train collision, aiming to prevent future tragedies.
Trump Orders Extended Naval Blockade of Strait of Hormuz
President Trump has directed aides to prepare for a prolonged blockade of the Strait of Hormuz to intensify pressure on Iran, as the conflict enters its third month without resolution.
Quebec furniture manufacturing at risk as second factory closes
Bestar factory in Lac-Mégantic closes, laying off over 100 workers, highlighting crisis in Quebec's furniture manufacturing sector.
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Whitecaps Relocation Sparks Economic Worries
The province refuses to buy the Whitecaps but aids cost reduction amid relocation talks, sparking economic concerns in Vancouver.
Saskatoon Businesses Anticipate Spring Customer Surge
Downtown Saskatoon businesses are optimistic about a spring surge in customers, with warmer weather and events drawing more visitors to the area.
Sask. Man Seeks Rail Crossing Safety After Fatal Crash
The husband of a woman killed at a Churchbridge rail crossing urges the province to install warning lights to prevent future tragedies.
Alberta Leaders Disappointed by Spring Economic Update
Alberta leaders express disappointment over the federal spring economic update, citing insufficient support for workforce training and infrastructure.
Man Slips Under Moving Train in Edmonton Railyard
A man slipped under a moving train in a northwest Edmonton railyard. Emergency crews responded, and the incident is under investigation.
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Shell's $22B ARC Acquisition Boosts Canadian Gas Sector
Shell's $22-billion purchase of ARC Resources is a major vote of confidence in Canadian natural gas, reversing foreign capital flight and boosting LNG Canada prospects.
San Francisco Settles Airport Name Dispute with Oakland
San Francisco and Oakland settle a trademark dispute over Oakland's airport name, allowing 'San Francisco' in the name with restrictions.
Teen Arrested in Brampton Trail Sexual Assault
A 17-year-old has been arrested and charged in connection with a sexual assault on a trail in Brampton, Ontario, Peel Regional Police confirmed.
NB's 10% GDP Growth Plan by 2030 Gets Mixed Reactions
Premier Susan Holt announces a four-year plan targeting 10% GDP growth in New Brunswick by 2030, receiving both praise and skepticism from experts and residents.
Calgary councillors blast proposed outdoor watering schedule
Calgary councillors criticize a proposed outdoor watering schedule, calling it government overreach. The plan aims to reduce water consumption by 20% by 2040.
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B.C. won't buy Whitecaps but will help cut costs: minister
British Columbia's sports minister says the government will not purchase the Vancouver Whitecaps but will assist the MLS team in reducing expenses.
Windsor Crash Sends One to Hospital After Riverside Drive
A two-vehicle crash at Riverside Drive and Langlois Avenue in Windsor sent one person to hospital on April 28, 2026. Police are investigating the cause of the collision.
Moncton Crossing Guard Urges Drivers to Slow Down After Near Miss
A Moncton crossing guard speaks out after a close call, pleading with motorists to reduce speed in school zones for safety.
New Larger Speed Signs Arrive in Waterloo Region
Waterloo region introduces larger speed signs to combat speeding, following Ontario's potential cellphone ban in schools and other local news.
Surveillance Pricing, Central Bankers, Simons Expansion, FHSAs, LNG
Catch up on top stories: surveillance pricing, Bank of Canada and Fed views, Simons retail growth, FHSA savings, and Canadian LNG prospects.
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Maple Syrup Producer Battles Eviction in Nova Scotia
A Nova Scotia maple syrup producer faces a legal battle after being ordered to vacate his land within 60 days, highlighting tensions between landowners and agricultural tenants.
Richmond Hill GO Delays After Person Struck by Train
GO Transit users in Richmond Hill face major delays after a person was struck by a train. Service disruptions are expected to continue.
Analysts Doubt Thousands Will Accept Rogers Buyout
Rogers Communications offers voluntary buyout packages to 50% of staff amid cost-cutting, but analysts predict low uptake based on historical trends.
Nova Scotia Power: 8% of Customers Behind on Bills
Nova Scotia Power reports 8% of customers are behind on bills, double the usual number, as economic pressures mount in the province.
Winnipeg Fuel Prices Drive Up Food Costs
Rising gas prices in Winnipeg are leading to higher food costs, putting pressure on consumers and local businesses. Experts warn of continued increases.
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Waterloo MPP Calls for KidsAbility Audit
Waterloo MPP demands an audit of KidsAbility after concerns over funding and transparency. The call follows recent financial scrutiny of the organization serving children with special needs.
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