Carney's Middle-Power Vision Overshadowed by U.S. Hegemon
Prime Minister Mark Carney's advocacy for middle-power nations like India faces reality as U.S. leadership dominates global crises, including recent actions against Iran.
Category : Business
Russian Tanker Sinks After Fire Off Libya
A Russian-flagged oil tanker has erupted in a massive blaze and subsequently sunk in waters off Libya, according to reports from the Associated Press. The incident highlights ongoing maritime risks in the region.
U.S.-Israeli War on Iran Causes Major Oil, Gas Disruptions
The escalating U.S.-Israeli military engagement with Iran has led to significant disruptions in global oil and gas supplies, impacting energy markets worldwide.
New Flights Evacuate Travelers Stranded by Middle East War
Governments and airlines are organizing evacuation flights from Gulf hubs like Dubai and Riyadh to repatriate citizens stranded by the US-Israeli attacks on Iran, with passengers recounting harrowing ordeals.
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Police Warn Against Hunting Escaped Cows After Highway Crash
Ontario Provincial Police issue a public warning not to hunt cows that escaped from a trailer after a collision on Highway 17 in Kenora, emphasizing public safety and animal welfare concerns.
Canada Packers Reports $23.2M Q4 Profit, Sales Rise
Canada Packers announced a fourth-quarter profit of $23.2 million, with sales edging higher amid challenging market conditions. The results highlight the company's resilience in the food processing sector.
Trump Pledges Safe Oil Transit as Iran War Intensifies
U.S. President Donald Trump announces insurance and naval escort measures to ensure oil flow through the Strait of Hormuz as conflict with Iran disrupts global energy markets and regional stability.
Economists: Restart Dormant Pipeline for Canada's Energy Security
National Bank economists argue that reopening TC Energy's Line 2 pipeline would enhance national security, strengthen East-West unity, and support industrial growth amid rising electricity demands.
SHARC Energy Launches BFO System with Calgary Order
SHARC Energy announces commercial launch of its Back-Flush Only system with purchase order for Calgary wastewater treatment plant, expanding thermal energy recovery into new markets.
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Quebec Tenant Alleges Landlord Keeps Despicable Conditions
A Quebec man alleges his landlord is maintaining despicable living conditions, including rats, mould, and ice, raising concerns about tenant rights and housing standards in the province.
Iran Conflict and Carbon Tax Hike Threaten Grocery Bills
Geopolitical tensions in the Strait of Hormuz combined with Canada's scheduled carbon price increase could add 0.4 to 0.7 percentage points to food inflation, costing households up to $200 more annually.
O-Train East Extension Nears Substantial Completion in Ottawa
The O-Train East Extension project in Ottawa is targeting a crucial milestone of substantial completion today, marking a significant step forward for the city's public transit infrastructure amid ongoing developments.
Kingsville Fails to Acquire Former High School in Open Market
The Town of Kingsville's attempt to purchase the former Kingsville District High School through an open-market bid has been unsuccessful, leaving the property's future uncertain.
Ramara Township Home Destroyed in $450K Late-Night Fire
A devastating late-night fire has completely destroyed a home in Ramara Township, Ontario, with damages estimated at $450,000. The incident occurred on Concession Road 9 at Sideroad 15.
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MDA Space Q4 Revenue Hits Record $499.1M, Up 44%
MDA Space Inc. announced a significant 44% increase in Q4 revenue, reaching a record $499.1 million. CEO Mike Greenley highlighted the company's strong performance and growth trajectory in the aerospace sector.
Canada-Australia Pension Funds Sign Landmark Investment Deal
Over a dozen major Canadian and Australian pension funds, including AustralianSuper and CPPIB, have signed a first-of-its-kind agreement to boost cross-border investments, leveraging their combined trillions in assets to fuel economic growth and infrastru
SSR Mining Sells Copler Mine Stake for $1.5 Billion
Canadian mining firm SSR Mining announces a major $1.5 billion sale of its interest in Turkey's Copler gold mine, marking a significant strategic shift in its international portfolio.
Investors Fear Energy Shock, Inflation from Iran Conflict
Global investors are preparing for potential energy price spikes and rising inflation as tensions in Iran escalate, with oil prices already surging to multi-year highs.
Shed Rain Vortex V2 Umbrella: $40 Game-Changer for Windy Days
Discover why the Shed Rain Vortex V2 umbrella, priced at $40, is worth every penny with its wind-resistant design, automatic features, and lifetime warranty. This review highlights its durability and real-world performance in harsh weather conditions.
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Iran War and Tariffs Push Up Gas Prices, Household Expenses
President Trump's military campaign against Iran and new global tariffs are causing gas prices to surge, with analysts predicting further increases in household expenses for American consumers.
Canadian Tire CEO Greg Hicks Wins Outstanding CEO Award
Canadian Tire CEO Greg Hicks has been honored as Canada's Outstanding CEO of the Year for 2026, recognized for his leadership during the pandemic and strategic initiatives like True North and Better Connected.
Greg Hicks Named Canada's Outstanding CEO of the Year
Canadian Tire CEO Greg Hicks has been honored as Canada's Outstanding CEO of the Year, recognized for his leadership during the pandemic and strategic initiatives like True North and Better Connected.
Canadian Oil Producers Hedge Prices Amid Iran Conflict
Canadian oil producers are locking in higher prices through hedging strategies as Middle East tensions push crude above $74, but capital expenditure plans remain unchanged for now.
Pedestrian Struck by Vehicle in Scarborough
Toronto police responded to an incident where a pedestrian was struck by a vehicle in Scarborough on March 4, 2026. Details on the victim's condition and investigation are pending.
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High-Speed Rail Project Faces Rural Opposition
A proposed high-speed rail initiative in Canada is encountering significant resistance from rural communities, raising concerns about land use and environmental impact.
Pedestrian Struck in Scarborough with Life-Threatening Injuries
A pedestrian was struck by a vehicle in Scarborough, sustaining life-threatening injuries. Toronto police responded to the incident on March 4, 2026, with emergency services providing immediate medical assistance.
Europe Gains, Asia Falls as Iran War Widens and Oil Surges
European stock markets advanced while Asian shares declined sharply on March 4, 2026, as the conflict with Iran expanded, driving oil prices to their highest level since January 2025.
Maritime Gas Prices Spike Overnight, Straining Budgets
Gas prices across the Maritimes surged overnight, with Halifax seeing significant increases. The sudden jump adds financial pressure as consumers face rising fuel costs amid broader economic challenges.
London Council Approves 30-Storey High-Rise on Ridout Street
London councillors have given the green light to a contentious 30-storey residential tower in north Talbot, despite concerns over displaced tenants and enforcement issues.
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London Home Sales Increase in February: LSTAR Report
Home sales in the London area saw an uptick in February, according to the latest data from the London and St. Thomas Association of Realtors. This positive trend emerges alongside various national and provincial developments affecting consumers and busine
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