Philippines Declares National Energy Emergency
The Philippines has declared a national energy emergency, implementing a four-day work week and other measures to conserve fuel as oil prices soar globally.
Category : Business
Goeasy Wins Debt Relief After Auto Loan Losses
Canadian subprime lender Goeasy Ltd. has secured concessions from lenders after auto loan losses at its LendCare unit caused shares to plummet over 60% and bonds to fall sharply.
Montreal Metro Workers Reach Tentative Labor Deal
Maintenance workers for the Montreal Metro system have reached a tentative agreement with management, potentially averting service disruptions. The deal addresses key labor concerns amid ongoing negotiations in Quebec's public transit sector.
Dollarama Raises Dividend Despite Weather Impact on Sales
Canadian discount retailer Dollarama announced a dividend increase despite unfavorable weather conditions affecting store traffic and comparable sales growth in the fourth quarter.
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Apple Maps Adding Paid Ads in U.S., Canada This Summer
Apple is set to launch paid advertising within its Maps application across the United States and Canada starting this summer, marking a significant expansion of its digital ad business.
BMO and CME Launch Tokenized Cash for 24/7 Trading
Bank of Montreal partners with CME Group to introduce a tokenized cash service, enabling institutional clients to move funds and settle trades around the clock, pending regulatory approval.
Saskatoon Pedestrian Hit by Vehicle on Circle Drive
A pedestrian sustained serious injuries after being struck by a vehicle on Circle Drive in Saskatoon on Monday evening, leading to a hospital transport.
Windsor Reveals Downtown Housing Development Details
The City of Windsor is set to announce specifics for a new downtown housing development on Pelissier Street, aiming to boost urban living and address housing needs in the region.
Stocks Pull Back Following Trump Iran Talks Rally
U.S. equities relinquished some gains as investor optimism over potential Iran negotiations waned, highlighting market volatility amid geopolitical tensions.
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U.S. Business Activity Drops to 11-Month Low Amid Iran War
A recent S&P Global survey shows U.S. business activity declining to its lowest level in 11 months during March, driven by geopolitical tensions from the Iran war and rising fuel costs.
Gas Prices Set to Drop in Barrie on Wednesday
Barrie residents can anticipate lower fuel costs as gas prices are projected to decrease on Wednesday, providing some financial relief amid fluctuating economic conditions.
Bank CEO Calls for Keystone XL Revival and Eastern Energy Corridor
National Bank CEO Laurent Ferreira advocates for reviving the Keystone XL pipeline and creating an Eastern Canadian energy corridor to boost domestic production and global exports.
Texas Refinery Explosion: Fire Out, Shelter Order Lifted
Emergency crews have extinguished a major fire following an explosion at the Valero Port Arthur Refinery in Texas. Authorities have lifted the shelter-in-place order for nearby residents as the situation stabilizes.
Oil Supply Chain Crisis Looms as Middle East Conflict Escalates
Energy economist Peter Tertzakian warns that escalating conflict in Iran has severely damaged Middle East oil infrastructure, threatening global supply chains and forcing Canada to develop strategic energy plans.
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Pedestrian Struck at Waterloo Intersection, Police Probe
A pedestrian was struck by a vehicle at the intersection of University Avenue East and Woolwich Street in Waterloo. Local authorities are investigating the incident, which highlights ongoing traffic safety concerns in the area.
Solize Partners Investment to Create 40 Tech Jobs in Windsor
A new investment by Solize Partners is set to bring 40 engineering and technology jobs to Windsor, boosting the local economy and advancing 3D printing innovation in the region.
Oil Rises, Stocks Fall as Iran War Advances Despite Talks
Global oil prices spike and stock markets tumble as military actions with Iran intensify, overshadowing diplomatic negotiations and impacting economic stability worldwide.
Canadian Return Trips from U.S. Decline Again: StatCan
Statistics Canada data reveals a continued decrease in cross-border travel, with fewer Canadians returning from the United States, highlighting shifting travel patterns and economic factors.
United Airlines Bets Big on Premium Travel as Fuel Costs Soar
United Airlines is intensifying its focus on premium travel services as escalating fuel costs, driven by the Iran war, pressure airline profits. The strategy aims to boost revenue through higher-margin offerings.
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Barclays Raises S&P 500 Target to 7,650 for 2026
Barclays has increased its year-end S&P 500 forecast to 7,650 for 2026, citing strong corporate earnings and economic resilience despite ongoing inflation and Middle East tensions.
Voting Opens for Ontario's Worst Roads Amid Pothole Woes
The CAA's annual Worst Roads campaign has launched, inviting Ontario residents to vote on the province's most problematic streets. This comes as drivers in Toronto and Windsor face significant pothole issues.
New Terminal at Montreal's Saint-Hubert Airport Opens June 15
The new terminal at Montreal Metropolitan Airport in Saint-Hubert is scheduled to open on June 15, 2026, featuring nine gates and enhancing regional air travel.
Boralex Explores Going Private as Shares Lag
Canadian renewable energy firm Boralex is evaluating options to go private, with shares trading at half their 2021 peak. The company has a $3 billion market value and operates across multiple countries.
Toronto's Pothole Plague Fuels Worst Roads Campaign
Toronto drivers face a surge of potholes, prompting the CAA's annual Worst Roads campaign to identify the city's most treacherous streets for repairs.
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Homeownership Fails as Financial Safety Net for Alberta Seniors
A new report indicates that owning a home no longer ensures financial security for older Albertans, challenging long-held assumptions about retirement stability.
Algoma Steel Layoffs: Final Shift for 300 Workers
Algoma Steel in Sault Ste. Marie sees 300 workers laid off today, part of 1,000 job cuts announced in December, with union seniority rules determining departures.
Experts Advocate for Attractive Small Apartment Buildings in Vancouver
Housing specialists argue that Vancouver's small apartment blocks should respect neighborhoods, include basements, and provide adequate parking to improve aesthetics and community integration.
Vancouver's First Supertall Tower at 315 Meters Could Herald New Era
Vancouver is considering its first supertall skyscraper at 315 meters, with city hall updating policies to potentially allow more such towers, reshaping the downtown skyline.
Estee Lauder in Merger Talks with Puig for Fragrance Push
Estee Lauder is reportedly in discussions to merge with Puig, owner of Jean Paul Gaultier, aiming to expand its prestige fragrance portfolio amid growing consumer demand for luxury scents.
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Ottawa Entrepreneur Builds Popcorn Business from Prison
Emily O'Brien, an Ottawa entrepreneur, overcame incarceration to launch a successful popcorn business, sharing her journey of resilience and redemption with Invest Ottawa in March 2026.
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