Bitcoin Stagnates Post-Warsh Pick Amid ETF Outflows
Bitcoin trades near two-month lows following Trump's Fed chair nomination of Kevin Warsh, with US spot ETFs facing prolonged outflows as investors favor gold amid geopolitical uncertainty.
Category : Business
TSX Plunges 800+ Points, U.S. Markets Also Lower
Canada's S&P/TSX composite index experienced a severe drop of more than 800 points, with U.S. markets also trading lower, signaling a significant downturn in North American financial markets.
Supreme Court Denies Couple's Claim for Additional Rebuilding Costs
The Supreme Court of Canada has ruled that a standard insurance policy does not entitle a couple to additional funds beyond the stated limits for rebuilding their home after a loss.
GDP Data Puts Bank of Canada Growth Estimates in Crosshairs
Canadian economists express concern as November GDP figures fall short of expectations, potentially undermining the Bank of Canada's economic growth projections for 2026.
Gold and Silver Plunge as Metals Markets See Wild Swings
Precious metals markets experienced significant volatility as gold dropped below $5,000 per ounce and silver fell sharply, with broader metals affected by dollar movements and political developments.
Warsh's Fed Challenge: Independence vs. Political Demands
Kevin Warsh, a potential Federal Reserve chair under Trump, faces the complex task of maintaining central bank independence while navigating intense political expectations and market scrutiny.
PQ Pledges Major Tax Cuts for Quebec Small Businesses
Parti Quebecois leader Paul St-Pierre Plamondon announces a plan to significantly reduce the tax burden on small businesses in Quebec, calling it a historic measure to support local entrepreneurship.
Windsor Vacant Home Tax Hike: Owners Pay $6,500 Yearly
Windsor City Council unanimously approved increasing the vacant home tax to 4% during 2026 budget deliberations, raising the average annual payment to approximately $6,500 per property.
Federal Energy Funding Needed for Saskatoon's DEED Project
Ward 10 Coun. Zach Jeffries emphasizes that federal energy funding is crucial for Saskatoon's Downtown Event and Entertainment District, warning of property tax hikes without it.
China Turns to Canada for Oil After Venezuela Sanctions
Shandong Chambroad Petrochemicals bids for Canadian Cold Lake crude as U.S. intervention disrupts Venezuelan oil flows, narrowing discounts and reshaping global energy markets.
Montreal Weekend Road Closures Announced (30.01.2026)
Transportation officials have released the latest weekend road closure schedule for the Montreal metropolitan area, detailing construction zones and traffic disruptions.
Ottawa Police Issue $5,400 in Fines for Cellphone Use While Driving
Ottawa police have issued $5,400 in fines to drivers using cellphones during a recent enforcement blitz, highlighting ongoing efforts to combat distracted driving in the city.
CN Rail Revenue Down $350M Due to Tariffs
Canadian National Railway reports a significant $350 million revenue decline attributed to business tariffs, with company executives highlighting market uncertainty as the primary risk moving forward.
STARS Lottery's 18th Edmonton Dream Home Supports Air Ambulance
Concept Homes builds its 18th consecutive luxury home for STARS Lottery Alberta, valued at over $1 million, with proceeds funding critical air ambulance services across the province.
Taza: Indigenous-Led Development Shapes Calgary Community
Taza, one of North America's largest Indigenous-led developments on Tsuut'ina Nation land, integrates cultural principles with sustainable design to create a new model for community development near Calgary.
Carney Calls Trump's Fed Pick Warsh 'Fantastic'
Former Bank of Canada Governor Mark Carney praises the selection of Kevin Warsh as U.S. Federal Reserve chair, highlighting their past collaboration and economic expertise.
Silver Hits Record Highs as Gold Rally Spills Over
Silver bullion prices have surged to unprecedented levels, mirroring gold's recent rally, driven by economic uncertainty and strong investor demand for precious metals.
Atlantic Pawn Shops See Precious Metal Demand Spike
Pawn shops across Atlantic Canada are experiencing heightened demand for gold and silver transactions as precious metal prices reach unprecedented levels, with experts analyzing market trends.
Bombardier Warns of Air Traffic Impact from Trump Threat
Bombardier expresses concern over potential air traffic disruptions as Trump threatens to decertify Canadian jets and impose 50% tariffs, while F-35 purchase review adds complexity.
Toronto DVP, Gardiner Expressway Closed This Weekend
Major Toronto highways, the Don Valley Parkway and Gardiner Expressway, will be partially closed this weekend for essential infrastructure work, impacting commuter traffic.
Corporate Culture Becomes Legal Evidence in Court Cases
Employment lawyer Howard Levitt warns that company culture statements are now discoverable evidence in lawsuits, creating significant legal risks for businesses that don't align actions with promises.
B.C. Island Bridge Damage Worse, Weeks of Repairs Needed
Residents of Westham Island in Delta, B.C., face weeks without vehicle access after a tugboat collision caused significant damage to the only road bridge, disrupting daily life and local agriculture.
Trump's Fed Nominee Sparks Debate on Appearance Comments
Donald Trump nominated Kevin Warsh as Federal Reserve chair while praising his looks, reigniting discussion about how leaders' focus on appearance affects society and mental health.
Minute Maid Frozen Juice Concentrate Discontinued in Canada
Coca-Cola Canada announces the discontinuation of Minute Maid frozen juice concentrate, a once-popular product, citing shifting consumer preferences and market trends.
CN Q4 Profit and Revenue Up, Dividend Increased
Canadian National Railway reports a year-over-year rise in fourth-quarter profit and revenue, announcing an increase to its quarterly dividend for shareholders.
Trump Picks Kevin Warsh for Fed Chair, Faces Senate Hurdle
U.S. President Donald Trump nominates Kevin Warsh to replace Jerome Powell as Federal Reserve chair in May 2026, but faces immediate opposition from Republican Senator Thom Tillis over an ongoing DOJ probe.
Realtors Support Lakeshore Housing Incentives
The Windsor-Essex County Association of Realtors endorses Lakeshore's new housing grant program aimed at increasing affordable housing supply amid rising prices.
Toronto Studies 'SeaBus' for Inner Harbour, Costs Detailed
Toronto is investigating a potential 'SeaBus' ferry service across the Inner Harbour, with new reports outlining projected costs and operational details for the proposed transit solution.
Dump Truck Crash Snarls Highway 400 Traffic in Barrie
A serious multi-vehicle collision involving a dump truck has led to significant traffic disruptions on Highway 400 in Barrie, causing extensive delays for commuters and emergency response efforts.
Diageo Amherstburg Workforce Dips Below 100
The Diageo facility in Amherstburg, Ontario, now has fewer than 100 workers remaining on the job, marking a significant reduction in local manufacturing employment.
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