Montreal Home Sales Drop 3% in February, Prices Rise
The Montreal area experienced a 3% decline in home sales during February, while property prices continued to rise, according to the latest data from the local real estate board.
Category : Business
Cuba Rushes Power Plant Repairs to Ease Blackout
Emergency crews in Cuba are working urgently to repair a damaged power plant, aiming to restore electricity after a major blackout hit Havana and other areas, disrupting daily life.
TSX Drops 400+ Points, Oil Approaches US$80
Canada's main stock index fell sharply, losing more than 400 points, while oil prices climbed close to US$80 a barrel amid global economic tensions.
Experts Urge Major Tax Reform in Canada to Boost Economy
A new study proposes lowering top income tax rates and introducing a simplified tax credit system to stimulate investment and simplify Canada's tax structure.
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Argentina Copper Venture Hires RBC for $630M Project
Zonda Metals' Argentine copper venture appoints RBC Capital Markets to advise on financing options for a $630 million copper-gold project in Mendoza province, marking a potential mining breakthrough.
Fuel Price Surge Strains Airlines Amid Iran Conflict
Rising fuel costs due to Middle East tensions are impacting airline operations, with cancellations reported in Lebanon and broader sector challenges emerging.
Alberta RCMP: Highway Impassable After Thursday Crash
A severe crash in Alberta has forced RCMP to declare a highway impassable, causing significant disruptions and highlighting ongoing traffic safety concerns in the region.
Ottawa O-Train East Extension Achieves Substantial Completion
The O-Train Line 1 east extension in Ottawa has reached substantial completion, with trial operations set to begin this spring, marking a significant step in the city's transit expansion.
Air Canada Rouge Launches Boeing 737 MAX Fleet with Enhanced Features
Air Canada Rouge introduces its first Boeing 737 MAX 8 aircraft featuring personal seatback entertainment, complimentary Wi-Fi, and upgraded cabins as part of a comprehensive fleet transformation program.
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Trump's 2026 Trade Agenda: More Tariffs Ahead
The 2026 U.S. Trade Policy Agenda delivered by Trade Representative Jamieson Greer indicates President Trump will intensify tariff use as a core economic and geopolitical strategy, marking a shift from previous years.
Berkshire CEO Abel to Use All Pay for Stock Purchases
Berkshire Hathaway CEO Greg Abel commits to using his entire take-home pay to buy company stock, starting with a $15.3 million purchase this week. The move demonstrates alignment with shareholders as Berkshire restarts share buybacks.
Canadian Home Sales Plunge in January
Canadian home sales experienced their steepest decline since February 2025, dropping nearly 6% in January, while new listings surged over 7%. Despite these shifts, the national housing market maintains a balance between buyers and sellers, with regional v
Edmonton Home Prices May Continue Downward Trend
Edmonton's real estate market shows signs of softening with a recent rise in inventory and drop in sales, potentially leading to tougher times for sellers. Experts analyze trends and predict modest price corrections ahead.
Poilievre Pitches Canadian Natural Gas Plan to Germany
Conservative leader Pierre Poilievre meets German Foreign Minister Johann Wadephul in Berlin to advocate for expanded Canadian natural gas exports, part of his first foreign mission as party leader.
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Styrofoam Truck Fire on Hwy. 17 Near Kenora Causes Major Blaze
A tractor-trailer transporting a load of Styrofoam was completely consumed by a dramatic fire on Highway 17 near Kenora, Ontario. Fortunately, no injuries were reported in the intense incident.
Poilievre Pitches Natural Gas Plan to Germany's Foreign Minister
Conservative Leader Pierre Poilievre meets with German Foreign Minister Johann Wadephul to advocate for increased Canadian natural gas exports, emphasizing economic benefits for both nations during his Berlin visit.
Montreal Home Sales Fall 3% in February, Prices Rise
The Greater Montreal real estate market saw a 3% decline in home sales during February, while median prices increased across all property types, according to the latest board data.
Costco Recalls Chocolate Mousse Over Allergy Risk in Canada
Costco Canada has issued a voluntary recall for Delici Dubai Style Chocolate Mousse due to undeclared cashews and macadamia nuts that could cause severe allergic reactions. The products were sold between January and February 2026.
Costco Chocolate Recall in Canada: Health Alert
A chocolate product sold at Costco locations across Canada has been recalled due to potential health risks. Customers are advised to check their purchases and seek refunds.
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C.D. Howe Institute Urges Major Tax Reform for Economic Growth
A new report from the C.D. Howe Institute advocates for comprehensive tax reform in Canada, including lower personal tax rates and simplified systems to stimulate investment and enhance global competitiveness.
Permanent Bike Lanes on Wellington Crescent Advance
Winnipeg's plan to install permanent bike lanes on Wellington Crescent moves forward, enhancing urban cycling infrastructure and safety for residents.
Toronto Firefighters Battle Major Barn Blaze in Scarborough
Fire crews are responding to a significant barn fire in Scarborough, with aerial footage capturing the intense blaze as firefighters work to contain it.
B.C. Court Orders ICBC to Accept Hit-and-Run Claim
The B.C. Court of Appeal has reversed a lower court decision, ordering ICBC to allow a lawsuit by three individuals injured in a hit-and-run accident, finding they weren't required to conduct futile investigations.
TTC Line 2 Service Restored After Morning Shutdown
Subway service on Toronto's Line 2 has resumed following a suspension affecting eight stations during the morning rush hour, causing significant commuter delays.
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Cuba Blackout Persists Amid Rush to Repair Thermoelectric Plant
A widespread blackout continues to affect western Cuba, including Havana, as emergency teams work urgently to restore a damaged thermoelectric power plant, disrupting daily life.
Middle East Conflict Fuels Canadian Gas Price Surge
Gasoline prices have surged dramatically across multiple Canadian regions following escalating military actions in the Middle East, with experts warning of prolonged economic impacts.
Fake $50 and $100 Bills Used at Guelph Businesses
Local businesses in Guelph, Ontario, have reported receiving counterfeit $50 and $100 bills, prompting police investigations into the fraudulent currency circulation.
IMF Warns Middle East War Tests Global Economy, More Shocks
IMF Managing Director Kristalina Georgieva warns the Middle East conflict threatens global economic stability, with potential impacts on energy prices, growth, and inflation. She emphasizes preparing for unpredictable shocks.
Costco Refunds Recalled Chocolate in Canada Amid Safety Alert
Costco is offering refunds for a chocolate product sold in Canadian stores following a recall. The move addresses potential safety concerns, with customers advised to return items for full reimbursement.
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Cuba Blackout: Millions Without Power in Havana and West
A widespread blackout has left millions without electricity in Havana and western Cuba, with officials warning repairs could take days due to a failing power plant and dwindling oil reserves.
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