WestJet, Air Transat Extend Cuba Flight Suspensions
Canadian airlines WestJet and Air Transat have prolonged flight suspensions to Cuba due to an ongoing oil blockade, impacting travel and tourism amid global oil pressures.
Category : Business
U.S. Stocks Fall as Brent Crude Jumps Toward $110
U.S. equity markets experienced a downturn as Brent crude oil prices climbed sharply toward $110 per barrel, reflecting heightened global economic pressures and energy market volatility.
Maple Syrup Co-op Strike Looms for 100 Workers in Labor Dispute
A major maple syrup co-operative is on the brink of a strike as 100 workers prepare for potential labor action following failed negotiations, highlighting tensions in Quebec's iconic agricultural industry.
Canadians Hold Onto Housing Dream Amid Economic Pressures
A new RBC poll reveals 80% of Canadians view home buying as a major financial milestone, with many planning purchases despite market slowdowns and price declines in key provinces.
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TC Energy CEO Slams Canada's Slow Project Approval Process
TC Energy CEO Francois Poirier says Canada's energy project approval process remains too slow despite Prime Minister Mark Carney's reforms, calling for six-month permit timelines to compete globally.
Market Shows Resilience as Iran War Enters Third Week
Wall Street investors are growing more optimistic as signs emerge that the worst of the Iran war's market impact may be over, with volatility indicators retreating and the S&P 500 showing resilience despite ongoing geopolitical tensions.
Ontario Grants $1.5M to Reshore U.S. Jobs to Harrow
EnerQuest Technologies Solutions receives provincial funding to expand its Harrow facility, bringing switchgear production back from the United States and creating 125 new jobs.
SAGA Metals Reports High-Grade Assays from Labrador Drilling (18.03.2026)
SAGA Metals Corp. announces assay results from 2026 drilling at the Trapper South zone, including intercepts up to 49.51% Fe₂O₃, 6.56% TiO₂, and 0.374% V₂O₅, advancing its critical minerals project.
Iran's Gulf Gas Field Hit in Major Escalation
A key Iranian gas field in the Persian Gulf has been attacked, marking a serious escalation in regional tensions. The incident raises concerns about energy security and geopolitical stability.
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U.S. Crude Stocks Up, Gasoline and Distillate Down: EIA
The U.S. Energy Information Administration reports an increase in crude oil inventories alongside decreases in gasoline and distillate stocks, reflecting shifting market dynamics and refining activity.
Zekelman's 'Buy Canadian' Campaign Ends with $30K Payout
The 'Buy Canadian' initiative by Zekelman has wrapped up, having paid out $30,000 in rewards to promote local steel use amid concerns over foreign materials in infrastructure projects.
Canada Behind in CUSMA Talks, U.S. Warns as Review Nears
U.S. Trade Representative Jamieson Greer states Canada is trailing Mexico in trade discussions ahead of the CUSMA review, with Trump privately considering a U.S. exit from the pact.
Canada Lags in Trade Talks as CUSMA Review Nears
U.S. Trade Representative Jamieson Greer states Canada is behind Mexico in CUSMA negotiations, with Trump privately considering withdrawal ahead of the July review.
Trump Waives Jones Act to Lower Energy Prices in Iran War
President Donald Trump has authorized a 60-day waiver of the century-old Jones Act, allowing foreign vessels to transport oil and gas between U.S. ports to combat rising energy prices during the Iran conflict.
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Bank of Canada Holds Rate Steady Amid Economic Uncertainty
The Bank of Canada maintains its benchmark interest rate at 2.25% for the third consecutive time, while geopolitical tensions and economic underperformance cloud future policy decisions.
Tim Hortons Recalls 25,000+ Donut Mugs Over Burn Risk
Health Canada has issued a recall for Tim Hortons' color-changing donut mugs after receiving nearly 30 reports of cracking and one burn injury. The mugs pose a safety risk when filled with hot liquids.
BoC Holds Rate, Warns Iran War May Fuel Inflation
The Bank of Canada maintains its key interest rate at 2.25% but cautions that escalating conflict in Iran could drive up inflation through higher oil prices and supply chain disruptions.
Trans Mountain Pipeline Expansion Set for 2027 as Capacity Fills
Trans Mountain Corp. announces a series of expansion projects starting in 2027 to add 90,000 barrels daily, addressing imminent pipeline capacity shortages in Western Canada as crude exports surge.
U.S. Eases Venezuela Oil Sanctions to Boost Supply Amid Iran War
The United States has relaxed sanctions on Venezuela's oil sector, a strategic move by the Trump administration to increase world oil supply during the ongoing Iran conflict, impacting global energy markets.
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BoC Holds Rate, Warns Iran War May Boost Inflation
The Bank of Canada maintained its key interest rate at 2.25% while cautioning that escalating tensions in the Middle East, particularly the Iran conflict, could drive inflation higher in the coming months.
Saskatchewan Budget 2026-27: Energy and Mining Growth
The Saskatchewan Industrial and Mining Suppliers Association expresses optimism about provincial budget funding for mining and energy sectors, with increased oil production targets and critical minerals development.
Hidden Costs of 'Gentle Density' Housing in Canada
Canadian cities embracing 'gentle density' housing face unintended consequences as multiplex units transform into short-term rentals, undermining neighborhood stability and policy goals.
BHP Names Brandon Craig CEO as Mining Giant Targets Copper
BHP Group appoints Brandon Craig as CEO, a 25-year company veteran, as the world's largest miner navigates Middle East conflicts, China's economic cooling, and industry expansion into copper and potash.
BHP Names Brandon Craig CEO as Mining Giant Focuses on Copper
BHP Group has appointed veteran executive Brandon Craig as its new chief executive, signaling continuity as the world's largest miner navigates geopolitical tensions, economic cooling in China, and strategic expansion into copper markets.
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Bank of Canada Holds Rate, Warns Iran War May Boost Inflation
The Bank of Canada maintains its key interest rate at 5.0%, citing persistent inflation risks. Governor Tiff Macklem highlights the potential for the Iran conflict to disrupt global oil supplies and drive prices higher.
Iran Threatens Gulf Oil Infrastructure After Attack
Iran vows to retaliate against Qatar, Saudi Arabia, and UAE's oil and gas facilities following an attack on an offshore field, escalating Middle East tensions.
Bank of Canada Holds Rate at 2.25% Amid Global Tensions
The Bank of Canada maintains its key interest rate at 2.25% for the third consecutive time, citing Middle East conflict and trade tensions as major economic uncertainties.
Couche-Tard CEO Optimistic Despite Fuel Cost Strains on Customers
The CEO of Alimentation Couche-Tard remains confident in the company's strategy as increasing fuel prices put financial pressure on consumers across North America.
Ottawa Airport U.S. Traveler Decline in 2026
The Ottawa International Airport reports a drop in U.S. traveler numbers in early 2026, reflecting shifts in travel patterns and economic factors.
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Bank of Canada Holds Interest Rate at 2.25%
The Bank of Canada has decided to keep its key interest rate steady at 2.25%, as Governor Tiff Macklem announces the decision following a period of economic evaluation.
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