Asia Boosts Coal Use as Iran War Hits Global LNG Supplies
Businesses across Asia are ramping up coal consumption as the conflict in Iran disrupts global liquefied natural gas supplies, driving a shift toward more carbon-intensive energy sources.
Businesses across Asia are ramping up coal consumption as the conflict in Iran disrupts global liquefied natural gas supplies, driving a shift toward more carbon-intensive energy sources.
GoldHaven Resources Corp. has expanded its Magno Project in British Columbia's Cassiar District to over 37,200 hectares through strategic mineral claims acquisition, revealing multiple mineralization styles.
Zensurance has awarded a $10,000 small business grant to Next Level Property Management & Services Ltd. in Nova Scotia, with five other finalists each receiving $1,000 in recognition of their community impact and innovation.
Business surveys reveal the Iran conflict's devastating impact on global economic momentum and prices, with PMI indexes showing widespread declines and surging inflation indicators across major economies.
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RecommendedU.S. financial markets show modest gains while oil prices increase, reflecting ongoing tensions in the Iran conflict despite political assertions of progress.
Bank of Montreal announces a strategic collaboration with CME Group and Google Cloud to introduce a tokenized cash platform, marking a significant advancement in digital asset infrastructure for financial markets.
Canada's housing market faces new pressure as rising oil prices from Middle East conflict could push mortgage rates higher, adding to existing challenges of high interest rates and economic uncertainty.
Mackenzie Gunther, a 2023 graduate of Seneca Polytechnic's Aviation Technology program, has been identified as the co-pilot killed in the Air Canada Express crash at New York's LaGuardia Airport.
The fatal Air Canada plane crash at New York's LaGuardia Airport, which killed two Canadian pilots, is intensifying travel safety anxieties and prompting investigations into air traffic control protocols.
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RecommendedCanadian discount retailer Dollarama announced a rise in fourth-quarter profit and sales despite weather-related challenges, while also boosting its quarterly dividend payout to shareholders.
Trevor Block's Nomad Wall Printing offers innovative portable wall printing technology, allowing businesses and homeowners to create custom graphics on virtually any surface in Saskatoon and across Saskatchewan.
Anthem Properties Group and Arrowleaf Real Estate have announced a partnership to develop Glenmore Yards, a 438,300-square-foot A-class industrial space in Calgary's South Foothills East Industrial district, addressing the city's low industrial vacancy ra
Miata Metals Corp. announces exceptional drill results from its Sela Creek Gold Project in Suriname, intersecting 96 meters of 1.41 g/t gold at the Big Berg target, marking the strongest intercept to date.
Calgary-based CoolIT Systems Inc. was purchased by U.S. firm Ecolab for $4.75 billion, marking the city's largest tech deal to date and signaling growth in its technology sector.
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RecommendedSmithfield Foods reported quarterly results that surpassed analyst expectations, driven by sustained consumer demand for pork products amid market volatility.
Motorists in Ottawa can expect a significant 13-cent-per-litre decrease in gas prices this week, providing relief amid ongoing cold temperatures and economic pressures.
Investigators are piecing together the events that led to a fatal collision between an Air Canada jet and a firetruck at New York's LaGuardia Airport, as stories of survival emerge from the wreckage.
A new Gallup survey reveals a sharp increase in Canadian workers' pessimism about the job market over recent years, highlighting growing economic anxieties.
Canadian discount retailer Dollarama has issued an annual sales forecast that falls significantly below Wall Street estimates, signaling potential challenges ahead for the company.
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RecommendedThe CAA's annual Worst Roads campaign is now open for nominations, urging Ontarians to highlight hazardous streets plagued by potholes and poor maintenance that jeopardize vehicle safety.
Europe's premier business conference, Nordic Business Forum 2026, has sold all 8,500 tickets six months in advance, signaling a shift toward human-centric leadership skills in the AI era.
Traders executed $580 million in oil futures contracts just 15 minutes before Donald Trump announced productive talks with Iran, sparking market volatility and raising questions about potential insider information.
YHU Infrastructure Partners and MET – Montreal Metropolitan Airport announce the opening of a new terminal on June 15, 2026, featuring Porter Airlines and Pascan Aviation flights, with a focus on efficiency and passenger experience.
A large explosion at a Valero refinery in Port Arthur, Texas, forced residents to shelter in place, with no injuries reported. Officials are monitoring air quality as fire crews respond.
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RecommendedInvestigators probe a deadly collision at LaGuardia Airport after prior safety warnings. The incident involved an Air Canada Express plane and a firefighting vehicle, claiming the lives of two pilots.
LaGuardia Airport in New York resumed operations with delays after an Air Canada Express flight from Montreal collided with a fire truck, killing two pilots and injuring dozens. Travelers and workers expressed condolences while hoping for healing.
Canadian renewable power producer Boralex announces a comprehensive strategic review to evaluate alternatives, including potential asset sales or partnerships, as it navigates market shifts.
Edmonton's ambitious Quarters revitalization project has failed to attract private investment, leaving taxpayers potentially responsible for $64 million in cost overruns on the $100 million initiative.
Troilus Mining Corp. has completed Basic Engineering and is progressing Detailed Engineering for its Troilus Project in Québec, enhancing project readiness and execution planning.
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RecommendedAs the global trade conflict enters its second year, Canadian sectors like steel face mounting challenges from tariffs, impacting production and economic stability.