Oil Surges Past $90 USD Per Barrel
Global oil prices have soared above $90 USD per barrel, driven by geopolitical tensions and supply concerns, impacting markets and energy sectors worldwide.
Category : Business
Sudbury Mayor Pushes for Special Economic Zone Status
Mayor Paul Lefebvre urges designation to secure a larger share of mining revenue, aiming to stimulate economic growth and infrastructure development in the city.
Thomson Reuters Rebounds from AI Rout, Growth Prospects Strong
Thomson Reuters stock has recovered from an AI software selloff, with analysts highlighting strong growth potential. Meanwhile, experts warn against buying market dips amid Iran war volatility, and major Canadian projects could boost freight stocks.
Burrard Bridge Closure in Vancouver for Crane Removal This Weekend
The Burrard Bridge in Vancouver will be closed to vehicle traffic Saturday and Sunday mornings for crane removal at the Sen̓áḵw development, with cyclists and pedestrians facing restrictions.
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Canada-U.S. Trade Talks Focus on CUSMA Review in Washington
Canadian Trade Minister Dominic LeBlanc leads a delegation to Washington, meeting with U.S. Trade Representative Greer to discuss the upcoming review of the Canada-United States-Mexico Agreement amid global economic tensions.
Canmore Housing Shortage Hinders New Doctor Recruitment
The severe housing shortage in Canmore, driven by high demand and limited supply, is creating significant barriers for new physicians trying to relocate, exacerbating healthcare access issues in the area.
Ontario Farmer Jason Leblond Named Beef Farmers President
Jason Leblond, a farmer from Chisolm Township in Northern Ontario, has been appointed as the new president of the Beef Farmers of Ontario Association, marking a significant leadership change in the provincial agricultural sector.
Gas Prices to Rise in Waterloo as Iran War Continues
Residents in Waterloo region should prepare for another spike at the pumps as geopolitical tensions in the Middle East drive up fuel costs across Canada.
Burrard Bridge Shut This Weekend for Crane Removal
The Burrard Street Bridge in Vancouver will be closed to vehicles Saturday and Sunday mornings for crane removal at the Sen̓áḵw development, with cyclists and pedestrians facing restrictions.
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Halifax Transit Fares Rising 25 Cents in September
Halifax Transit announces a 25-cent fare hike effective September 2026, impacting commuters across the city. The increase aims to address operational costs amid ongoing service challenges.
Women in Business Conference Draws Hundreds to Halifax
The Women in Business conference in Halifax attracted hundreds of attendees, featuring speakers like Fatu Kaba, to discuss entrepreneurship and leadership in a supportive environment.
Safety Concerns Raised Over Highway 40 in Chatham-Kent
A Chatham-Kent councillor is highlighting safety issues on a stretch of Highway 40 between Chatham and Wallaceburg, citing hazardous conditions and calling for improvements.
JPMorgan Shifts EA Buyout Financing to Junk Bonds
JPMorgan Chase is adjusting the debt structure for the record Electronic Arts leveraged buyout, increasing junk bond allocation to $9.5 billion in the $15.5 billion financing package.
L'Oca Quality Market Closes Both Edmonton-Area Stores
L'Oca, a specialty grocery and restaurant chain in the Edmonton region, is shutting down both its stores next week, marking the end of a local business that served the community.
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Gas Prices to Rise in Barrie: Fill Up Tonight
Motorists in Barrie are advised to fill their gas tanks tonight as prices are expected to increase significantly. This comes amid broader economic and environmental factors affecting fuel costs across the region.
LeBlanc, Greer Meet as CUSMA Countries Prepare for Review Talks
U.S. Trade Representative Jamieson Greer and Canada's Dominic LeBlanc held in-person talks in Washington as CUSMA nations prepare for upcoming review. The agreement currently protects Canada and Mexico from Trump's global tariffs, though sectoral levies r
Tempus and TUK Launch Toronto Housing Project with More Sites
Tempus Capital Inc. and TUK Group have closed a new joint development project in Toronto expected to deliver up to 18 residential units, with several additional sites under contract for expansion in 2026.
Winnipeg Gas Prices Rise Amid Iran War Impact
Average gas prices in Winnipeg have increased significantly due to global market disruptions from the ongoing war in Iran, affecting local consumers and economic stability.
Leaders Reaffirm Billions for Windsor Battery Plant
Ontario Premier Doug Ford and federal minister Mélanie Joly defended their multibillion-dollar public investment in NextStar Energy's Windsor battery facility during its grand opening, highlighting job creation and production milestones.
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Canaccord to Pay $100M for U.S. Bank Secrecy Act Breaches
Canaccord Genuity has agreed to pay over $100 million in penalties for failing to comply with U.S. Bank Secrecy Act requirements, marking a significant regulatory enforcement action.
Calgary Program Helps Women at Risk of Homelessness Buy Homes
Safe Haven Foundation partners with Dolce Real Estate to create Haven's Rise, providing down payment assistance and financial education for women and girls on the brink of homelessness to achieve home ownership in Calgary.
O-Train Line 1 Fleet Stagnates, East Extension Doubts Grow
OC Transpo's O-Train Line 1 remains at 21 available train cars for three weeks, shifting focus to full fleet return rather than incremental increases. With 46 cars needed for the East Extension's trial phase, spring opening projections face skepticism ami
U.S. Customs Says It Can't Comply with Tariff Refund Court Order
A U.S. Customs and Border Protection official informed a federal judge the agency cannot immediately stop processing import duties containing Trump-era tariffs struck down by the Supreme Court, citing technical limitations.
Calgary's HAT @ NINTH Office Conversion Welcomes Residents
Downtown Calgary's HAT @ NINTH office-to-residential conversion project has begun welcoming residents, supported by the city's development incentive program.
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BlackRock Limits Withdrawals from $26 Billion Debt Fund
BlackRock has restricted withdrawals from its flagship HPS Corporate Lending Fund after a surge in redemption requests, highlighting growing investor anxiety in the $2 trillion private credit industry.
Teck Raises Silver, Germanium Fees for Korea Zinc in New Deal
Canadian miner Teck Resources has negotiated higher charges for silver and germanium with Korea Zinc in their 2026 zinc concentrate agreement, reflecting surging prices for these critical metals.
OC Transpo Awaits Train Clearance for O-Train Line 1 Service
OC Transpo is holding off on resuming full service for O-Train Line 1 until all trains are cleared to operate, leading to crowded single-car trains and ongoing transit disruptions for Ottawa commuters.
Port Elgin Waterfront Development Lease Termination Considered
The controversial Cedar Crescent Village development in Port Elgin's waterfront area may have its lease terminated, as local authorities weigh public opposition and environmental concerns.
TSX Drops 350+ Points, Oil Nears $90 Amid Market Volatility
Canada's main stock index experienced a sharp decline of more than 350 points, while crude oil prices surged toward US$90 per barrel, signaling significant market turbulence.
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Monumental Shift in Indigenous Resource Partnerships
JP Gladu discusses the transformative changes in Indigenous resource partnerships, emphasizing values-based approaches and economic opportunities in Canada's resource sector.
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