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.
Category : Business
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.
Hwy. 410 Reopens in Brampton After Serious Crash
A multi-vehicle collision on Highway 410 in Brampton resulted in one person critically injured and the northbound lanes closed for hours before reopening.
EU Eyes Canadian, Qatari Gas to Reduce US LNG Reliance
The European Union is actively pursuing liquefied natural gas from Canada and Qatar to diversify its energy sources, responding to concerns over US dependence and geopolitical risks.
Exo Transit Agency Cuts Jobs in Montreal Amid Budget Crunch
Montreal's regional public transit operator Exo is reducing its workforce due to sector-wide financial constraints, highlighting challenges in public transportation funding.
EU Looks to Canada, Qatar for Gas Amid U.S. Reliance Concerns
European Union energy officials express growing concern over reliance on U.S. liquefied natural gas, exploring alternatives from Canada and Qatar to diversify supply sources.
TSX Down, U.S. Markets Up as Bank of Canada Holds Rate
The S&P/TSX composite index declined in late-morning trading, contrasting with slight gains in U.S. stock markets. The Bank of Canada maintained its key interest rate at 2.25%, citing a soft economic landscape.
Bank of Canada Holds Rate at 2.25% Amid Trade Uncertainty
The Bank of Canada maintains its policy interest rate at 2.25% as Governor Tiff Macklem highlights heightened uncertainty from U.S. trade policies and geopolitical risks affecting economic forecasts.
Ottawa High-Speed Rail Project Criticized for High Cost
A new high-speed rail project connecting Ottawa to Montreal faces skepticism over its $60-90 billion price tag and limited benefits for most Canadians.
BMO Hires Wells Fargo's Malik as Capital Markets COO
Bank of Montreal's capital markets division has appointed Aman Malik as chief operating officer, replacing Nina Knezevic who moves to a strategic role. The bank recently laid off two managing directors.
Victims of German Bank Heist File Lawsuits After Break-In
Victims of a spectacular bank heist in Gelsenkirchen, Germany, have filed lawsuits after thieves broke into a Sparkasse vault during the Christmas holidays, leading to a major police investigation.
France Urges Capgemini to Clarify ICE Contract Details
French Finance Minister Roland Lescure calls for full transparency from tech giant Capgemini regarding its subsidiary's contract with U.S. Immigration and Customs Enforcement.
Carney on U.S. Relations, Bank of Canada Holds Rate Steady
Prime Minister Mark Carney states relations with the U.S. remain positive as CUSMA negotiations approach, while the Bank of Canada maintains its key interest rate at 2.25% amid economic softness.
Montreal Mom Denied EI After Maternity Leave Layoff
A Montreal mother faces financial hardship after being laid off at the end of her maternity leave and subsequently denied employment insurance benefits, highlighting systemic challenges.
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