Snowmobile Stolen from North Bay Hotel Parking Lot
A snowmobile was reported stolen from a hotel parking lot in North Bay overnight, prompting a police investigation into the theft in Northern Ontario.
Category : Business
Canadian Air Travel to U.S. Drops for 11th Month
Statistics Canada data reveals transborder air traffic to the United States fell 12.5% in December 2025, marking 11 straight months of year-over-year declines.
Bitcoin Falls Back to Pre-Trump Price Levels
The cryptocurrency Bitcoin has declined significantly, returning to price levels not seen since before the Trump administration, highlighting ongoing volatility in digital asset markets.
Sask. Housing Corp Fires Manager for $10K Bogus Claims
The Saskatchewan Housing Corporation has terminated a Lloydminster manager after discovering approximately $10,000 in fraudulent expense claims, highlighting internal accountability measures.
Morningstar DBRS Leads in Canadian Bond Ratings Shopping
Morningstar DBRS issues higher credit ratings than competitors in Canada, raising concerns about market risks as single-rated bond deals surge in 2025.
Trump to Cut Indian Tariffs After Russia Oil Halt
President Donald Trump announces plans to reduce tariffs on Indian imports to 18% after India agrees to cease purchasing Russian oil, marking a significant shift in trade policy.
Disabled Train Causes GO Transit Delays Near Union Station
A disabled train near Union Station in Toronto caused significant GO Transit delays on Monday morning, disrupting the commute for many GTA residents. The incident highlights ongoing challenges in regional transit reliability.
Scotiabank Backs New Multinational Defence Bank
The Bank of Nova Scotia becomes the second major Canadian financial institution to support the new Defence, Security and Resilience Bank, signaling a shift in how Canadian banks view defence sector financing.
Vanguard Cuts Average Fee to 0.06% in Latest Round
Vanguard Group has reduced fees across 84 mutual fund and ETF share classes, lowering its average asset-weighted expense ratio to just 0.06% and saving investors approximately $600 million over two years.
Canadians Hold $2B in Uncashed Federal Cheques
Documents reveal Canadians are sitting on approximately $2 billion in unclaimed federal cheques, highlighting a significant financial oversight by the public.
U.S. Plans Strategic Reserve for Rare Earth Elements
The Trump administration announces plans to create a national strategic reserve for rare earth elements, aiming to reduce dependence on foreign sources and secure critical supply chains for technology and defense.
Trump to Cut India Tariffs After India Drops Russian Oil
U.S. President Donald Trump plans to lower tariffs on India to 18% following India's agreement to cease purchasing Russian oil, marking a significant shift in trade and geopolitical relations.
Nova Scotia's Finances Downgraded by Credit Agency
A major credit rating agency has downgraded Nova Scotia's financial outlook, citing increased government spending and rising debt levels as key concerns for the province's economic stability.
Disney Shares Fall on Tepid Forecast and CEO Search
Walt Disney Co. shares declined after the entertainment giant issued a modest growth forecast for its parks division and faces leadership transition challenges as Bob Iger prepares to step down.
Major Alumina Find in Saskatchewan to Reshape Mining Sector
A massive 6.8 billion tonne alumina deposit discovered near Tisdale, Saskatchewan could rival uranium and potash in economic importance, strengthening North American supply chains.
SaskEnergy Suspends 13 Employees in Fuel Theft Probe
SaskEnergy has suspended thirteen employees in Regina as part of an internal investigation into alleged fuel theft. The utility confirms the suspensions are connected to the ongoing probe.
Disabled Train Snarls Toronto Commute Near Union Station
A disabled train near Toronto's Union Station caused significant delays for GO Transit and UP Express services, with commuters facing up to two-hour wait times and service cancellations.
Imperial Oil Shuts Norman Wells After Century of Production
Imperial Oil Ltd., an Exxon Mobil subsidiary, will close the historic Norman Wells oil production site in Canada's Northwest Territories after a century of operation, with production declining significantly from its peak.
Canmore Roof Grants Available for Residents
Residents of Canmore, Alberta, can now apply for municipal grants to fund new roof installations, as announced in February 2026. This initiative aims to support home maintenance and sustainability in the community.
TSX Up 300 Points, U.S. Markets Also Higher
The S&P/TSX composite index rose nearly 300 points, with U.S. stock markets also posting gains, reflecting positive investor sentiment and economic momentum.
Monaco Yacht Club Hosts 18th Economic Symposium
The Yacht Club de Monaco gathers industry leaders for its 18th Economic Symposium, focusing on the yachting sector's transformation amid new environmental standards and economic challenges.
Oracle to Raise $50 Billion for AI Cloud Infrastructure
Oracle Corporation announces plans to raise $45-50 billion through debt and equity sales to expand cloud infrastructure capacity for major AI clients including Nvidia and OpenAI.
Darlington Nuclear Plant Refurbishment Finished Early
The Darlington nuclear power plant refurbishment in Ontario has been completed months early and $150 million under budget, extending its operational life until at least 2055.
Eldorado Gold Buys Foran Mining in $3.8B Copper-Gold Deal
Vancouver-based Eldorado Gold Corp. acquires Foran Mining Corp. in a $3.8 billion share swap, creating a new major copper-gold producer amid volatile precious metals markets.
Barrie Scam Alert: Fraudsters Posing as Investigators
Barrie police issue warning about sophisticated scam where criminals impersonate fraud investigators to steal personal information and money from unsuspecting victims.
OPEC+ Keeps Supply Pause as Oil Climbs on Iran Risk
OPEC+ reaffirms its three-month production freeze through March despite oil prices hitting four-month highs due to U.S.-Iran tensions. Key members led by Saudi Arabia and Russia leave future decisions for March meeting.
Corus to Seek Court Approval for Recapitalization Deal
Corus Entertainment will ask an Ontario court to approve its recapitalization plan after failing to secure sufficient shareholder support in a recent vote, as the media company navigates financial restructuring.
SpaceX and xAI in Advanced Merger Negotiations
SpaceX and Elon Musk's xAI are in advanced discussions to merge, potentially creating one of the world's largest private companies. The deal could be announced this week, but negotiations remain fluid.
Train Disruption at Union Station Causes Commuter Delays
A disabled train near Toronto's Union Station has led to significant delays for GO Transit commuters and a temporary suspension of the UP Express airport rail link, impacting morning travel.
B.C. Driver Caught at 117 km/h in 50 km/h Calgary Zone
Calgary police issued a photo of a B.C. driver caught speeding at 117 km/h in a 50 km/h zone on Aero Drive N.E., highlighting dangerous passing on a single-lane road.
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