Tim Hortons Mug Recall Over Burn Hazard
Tim Hortons has issued a recall for specific mugs due to a burn hazard risk. The recall involves multiple designs that may pose safety concerns for consumers.
Category : Business
U.S. Storms Disrupt Over 10,000 Flights
Severe weather systems across the United States have led to massive air travel disruptions, with thousands of flights delayed or cancelled, impacting major hubs and passenger plans nationwide.
CPPIB to Sell $1.5B in Asia Private Equity Assets
Canada Pension Plan Investment Board is seeking to reduce its Asia private equity exposure by selling approximately US$1.5 billion in fund stakes managed by Hillhouse Investment, Bain Capital, and PAG.
Ontario Premier Pushes for High-Speed Rail on Hwy. 401
Premier Doug Ford proposes a high-speed rail line along Ontario's Hwy. 401 corridor, aiming to connect Toronto and Montreal in just three hours, significantly cutting travel time.
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Middle East Oil Exports Drop 60% with Strait of Hormuz Closed
Data reveals a sharp decline in Middle East oil exports, falling at least 60% due to the prolonged closure of the Strait of Hormuz, impacting global energy markets.
Iran War May Spike Canadian Inflation to 3% or More
Economists caution that rising gas prices from the Iran war could reverse Canada's inflation drop, pushing it to 3% or higher, challenging a weak labor market.
S&P/TSX and U.S. Stocks Up in Late-Morning Trading
The S&P/TSX composite index and major U.S. stock markets showed gains in late-morning trading on March 16, 2026, reflecting positive market momentum amid broader economic news.
Gas Price Surge Threatens Canada's Inflation Progress
Economists caution that rising gasoline prices could reverse recent gains in controlling inflation, as February CPI data shows persistent economic pressures.
GTA Gas Prices to See Brief Reprieve Before Rising Higher
Analysts predict a temporary drop in gas prices across the Greater Toronto Area this week, but caution that costs are likely to climb significantly in the coming months due to market pressures.
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Gold Stagnates as Energy Prices Threaten Fed Rate Path
Gold trades near $5,000 per ounce as Middle East conflict drives oil prices higher, reducing expectations for Federal Reserve interest rate cuts and creating stagflation concerns.
Canada Intensifies Global Fight Against Rising Crypto Scams
As cryptocurrency scams surge, Canadian authorities are enhancing international partnerships to protect investors and enforce regulations across borders.
Nova Scotia Requests Proposals for Highway 101 Connector
Nova Scotia has officially requested proposals for the Hammonds Plains and Highway 101 connector project, a key infrastructure initiative aimed at improving transportation in the Halifax Regional Municipality.
Guelph Resident Loses $40K in Bank Scam
A Guelph resident has been defrauded of almost $40,000 in a sophisticated bank scam, highlighting the growing threat of financial fraud in the region.
IEA Chief Signals Potential Oil Stock Releases
The International Energy Agency's chief states member countries could release more oil stocks if needed, as high prices impact economies and consumers globally.
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Halifax E-Bike Program Returns After Winter Break
Halifax's e-bike and e-scooter sharing program is set to resume operations following its seasonal winter pause, with hundreds of vehicles now available for public use across the city.
Shake Shack Opens First Western Canada Restaurant in Calgary
Shake Shack announces its expansion into Western Canada with a new location at CF Chinook Centre in Calgary, featuring Alberta beef and local artist collaboration.
Inflation Cools to 1.8% in February, StatCan Says
Annual inflation in Canada eased to 1.8% in February, according to Statistics Canada. Deputy chief economist Randall Bartlett discusses the latest CPI data and its economic implications.
Bank of Canada Expected to Hold Rates Amid Economic Weakness
Economists predict the Bank of Canada will keep interest rates steady at 2.25% due to trade tensions, global conflict, and a sluggish housing market, despite market signals for hikes.
Wall Street's Best Day Since Iran War Start on Oil Price Fall
Falling oil prices have propelled Wall Street to its strongest performance since the onset of the Iran conflict, with major indices surging as energy costs decline amid global market shifts.
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Bank of America Settles Epstein Accusers' Lawsuit
Bank of America has reached a settlement in a lawsuit filed by accusers of Jeffrey Epstein, marking a significant legal development in the ongoing fallout from the financier's case.
HBC Ordered to Pay $2.4M to Landlords After Failed Sale
A judge has ruled that Hudson's Bay Company must pay $2.4 million in costs to its landlords following a failed attempt to sell leases, highlighting legal disputes in retail real estate.
Housing Starts Up 4.5% in February, CMHC Reports
The Canada Mortgage and Housing Corporation reveals a significant rise in housing starts for February 2026, indicating robust activity in the residential construction sector.
Toronto Man Charged with Fraud for Posing as Investor
Toronto police have charged an 18-year-old man with fraud after he allegedly posed as a private investor to deceive victims. Authorities released his image as part of the ongoing investigation.
CFFI Ventures Moves $1.4B Debt Restructuring to Federal Court
John Risley's CFFI Ventures shifts its $1.4-billion debt restructuring to federal court after creditor opposition, maintaining plans to transfer assets to HPS Investment Partners.
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Household Debt-to-Income Ratio Rises for Fifth Straight Quarter
Statistics Canada reports a continued increase in household debt relative to income in Q4, marking the fifth consecutive quarter of growth amid economic pressures.
Lynas Inks U.S. Rare Earth Oxide Supply Deal
Australian mining firm Lynas Rare Earths has signed a significant agreement to supply rare earth oxides to the United States, bolstering North American supply chains for critical minerals used in technology and defense.
Food Inflation High, Carney Can't Blame War for Costs
Despite overall inflation dropping, food prices in Canada surged 4.1% in February, with a 30.1% increase over five years. Prime Minister Mark Carney's attempts to blame external factors like war fail to address this uniquely Canadian economic issue.
Schulich ExecEd Urges Leaders to Break Old Habits in New Campaign
Schulich ExecEd's 'Take Your Seat' campaign challenges Canadian professionals to embrace bold leadership amid unprecedented disruption, backed by significant media investment and creative partnerships.
Cruise Costs Soar with Oil Rally, Carnival Hit Hardest
As oil prices rally, U.S. cruise operators are sailing into higher operational expenses, with Carnival Corporation potentially bearing the brunt of increased fuel costs and economic pressures.
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Canadian Propane Tanker Resold Five Times at Sea
A Canadian propane tanker was resold five times while crossing the Pacific, highlighting Asia's fuel shortage due to Middle East conflict and benefiting Canada's export industry.
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