Natural Gas Price Surge Burns Algorithmic Traders
A historic surge in U.S. natural gas futures, driven by Arctic weather, has inflicted significant losses on money managers using algorithmic trading strategies, wiping out their yearly gains.
Category : Business
U.S., Mexico to Start CUSMA Reform Talks
The United States and Mexico have agreed to begin formal negotiations on potential reforms to the Canada-United States-Mexico Agreement (CUSMA), according to the U.S. Trade Representative's office.
Brantford Metal Firm Invests $85M in Food Packaging Plant
A major $85 million investment by a Brantford metal manufacturer will establish a new food packaging facility, promising significant job creation and economic growth for the region.
CFIB: NS Gets A Grade for Cutting Red Tape, NB and PEI Need Work
The Canadian Federation of Independent Business praises Nova Scotia for regulatory reforms but highlights areas where New Brunswick and Prince Edward Island must improve to support small businesses.
Ottawa Open to Deal with Meta for News on Facebook, Instagram
The Canadian government remains willing to negotiate with Meta to bring news content back to Facebook and Instagram, as Minister Marc Miller emphasizes ongoing dialogue.
Canadian Pension Fund Recommends Yen, Franc, Gold Over USD
Investment Management Corp. of Ontario suggests Swiss franc, Japanese yen, and gold as alternatives to the U.S. dollar amid Trump policy concerns, highlighting infrastructure and AI assets.
Gordie Howe Bridge Spurs Growth in Windsor's Sandwich Town
The construction of the Gordie Howe International Bridge is driving significant economic development and revitalization in Windsor's historic Sandwich Town neighborhood, with new businesses and investments emerging.
BoC Holds Rate at 2.25%, Real Estate Optimism Grows
The Bank of Canada maintains its key interest rate at 2.25%, citing economic uncertainty. This steady policy is seen as a positive signal for real estate investors and the broader housing market.
Small Plane Slides Off Runway at Ottawa Airport
A small private aircraft slid off a runway at Ottawa International Airport on Wednesday afternoon due to landing gear problems. No injuries were reported in the incident.
New Overpass Improves Brampton-Caledon Traffic, Peel Says
Peel Region announces a newly constructed overpass on Mississauga Road is successfully enhancing travel efficiency and connectivity between the municipalities of Brampton and Caledon.
Alberta Ends Remote Work for Public Servants in February
The Alberta government concludes its work-from-home policy for provincial employees in February 2026, marking a significant shift in post-pandemic workplace arrangements across the province.
Alberta May Lower Food Prices by Banning Grocery Property Controls
Alberta faces higher-than-average food price increases while leading provinces in food insecurity. Eliminating restrictive covenants on former grocery store properties could boost competition and lower costs for consumers.
CTV Franchise Show: National News Roundup
A comprehensive roundup of national news from the CTV Franchise Show, covering earthquakes in Ontario, police incidents, health recalls, political developments, and entertainment updates across Canada.
Union: Food Inspection Agency to Cut Over 1,300 Jobs
The Canadian Food Inspection Agency is set to eliminate more than 1,300 positions, according to union officials, raising concerns about food safety oversight.
Value Village Coming to Regina's East End in 2026
A new Value Village thrift store is set to open in Regina's east end in 2026, expanding retail options and bringing second-hand shopping to the growing community.
Air Canada, Unifor Begin Customer Service Contract Talks
Air Canada and Unifor have initiated formal contract negotiations for the airline's customer service agents, with discussions set to shape working conditions and compensation in the aviation sector.
Pattison Firm Unaware Warehouse Was for ICE: Report
The Pattison Group states it had no knowledge that a leased Vancouver warehouse would become an ICE facility, amid ongoing public scrutiny over the property's use.
Water Testing Scam Circulating in Ontario
Fraudsters are offering fake water testing services in a new scam. Authorities urge residents to be vigilant and verify credentials before allowing any testing.
Oil Hits 4-Month High as Trump Warns Iran
Crude oil prices climbed to their highest level in four months following President Trump's aggressive warnings to Iran and unexpected U.S. inventory declines, highlighting geopolitical tensions and market volatility.
BoC's Macklem: U.S. Fed Independence Loss Would Hit Canada
Bank of Canada Governor Tiff Macklem cautions that any erosion of the U.S. Federal Reserve's independence would have disproportionate consequences for Canada's economy and monetary policy.
Bank of Canada Holds Rates, Economists Split on 2026 Path
The Bank of Canada maintains its key interest rate at 2.25% citing heightened uncertainty, while economists offer conflicting predictions ranging from cuts to hikes for 2026.
Bank of Canada Holds Rate at 2.25% in Soft Economy
The Bank of Canada maintains its key interest rate at 2.25%, signaling a cautious stance as economic growth shows signs of softening across the nation.
Microsoft, Meta Earnings Focus on AI Spending Payoffs
Investors await Microsoft and Meta earnings for clues on AI investment returns as tech giants face pressure to justify massive capital expenditures amid stock declines.
Plane Slides Off Runway at Ottawa Airport, No Injuries
A small aircraft experienced a runway excursion at Ottawa International Airport, sliding off the pavement during landing. Emergency crews responded promptly, confirming no injuries among passengers or crew.
Record Tickets for Montreal's 'Snow Igloo' Cars
Montreal police have issued a historic number of tickets to drivers who failed to clear snow from their vehicles, creating hazardous 'snow igloos' on city roads during winter conditions.
Tether to Invest Up to 15% of Portfolio in Gold
Tether's CEO Paolo Ardoino reveals the crypto group's strategy to allocate 10-15% of its investment portfolio to physical gold, diversifying assets amid market volatility.
Pattison ICE Warehouse Sale Pending Approvals, Boycott Grows
Jim Pattison Developments states its Virginia warehouse sale to U.S. Homeland Security for ICE use requires approvals, as B.C. Green Party calls for boycott following fatal ICE shootings.
S&P 500 Breaks 7,000 Points, AI Optimism Lifts Market
The S&P 500 index has achieved a historic milestone by closing above 7,000 points for the first time, driven by investor optimism surrounding artificial intelligence advancements and corporate earnings.
Air Canada Expands Winter Routes to Europe, Latin America
Air Canada announces significant expansion of its winter flight schedule, adding new routes and increasing frequencies to key destinations across Europe and Latin America.
U.S. Dollar Rebounds on Strong Dollar Policy Reaffirmation
The U.S. dollar has strengthened following comments from a senior Treasury official reaffirming the United States' commitment to a strong dollar policy, impacting currency markets.
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