LNG Industry Claims Overblown, SFU Research Finds
Simon Fraser University researchers reveal LNG projects fail to deliver promised economic benefits for British Columbia, with exaggerated job numbers and questionable environmental claims.
Category : Business
Montreal Bridge Closures Planned This Week for Construction
Two major Montreal bridges will experience road closures this week due to ongoing construction projects, with the Papineau-Leblanc Bridge facing a two-year overhaul. Commuters should prepare for significant traffic disruptions.
Ring of Fire Roads to Finish by 2031, Ahead of Schedule
Premier Doug Ford announces accelerated timeline for critical infrastructure in northern Ontario's mineral-rich Ring of Fire region, with all-weather roads now projected for completion by 2031.
Highway 101 Reopens After Tractor Trailer Crash in Nova Scotia
A section of Highway 101 near Falmouth, Nova Scotia, has reopened following a serious crash involving a tractor trailer that occurred on Sunday morning, March 2, 2026.
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Mid-East Conflict Fuels Surge in Global Oil and Fuel Prices
The intensifying conflict in the Middle East, involving attacks on Arab states and U.S. bases, is disrupting oil supply chains and pushing crude and fuel costs upward globally.
Caisse Exec: Private Credit Concerns Overblown
Vincent Delisle, head of liquid markets at Caisse de Depot, argues market anxiety about private credit is exaggerated despite recent industry challenges. The pension fund plans significant expansion in this asset class.
Critical Minerals Focus at Toronto Mining Conference
The Prospectors and Developers Association of Canada conference in Toronto highlights the growing importance of critical minerals for global supply chains and economic strategies.
Discovery Silver Acquires Glencore's Kidd Operations in Timmins
Discovery Silver Corp, led by CEO Tony Makuck, has completed the acquisition of Glencore Canada's Kidd mining operations in the Timmins area of Ontario.
Atlantic Canada Energy Isolation Worsens Amid Pipeline Issues
Atlantic Canada faces worsening energy isolation as pipeline access contracts expire and Quebec separatism resurges, threatening regional growth and national energy sovereignty.
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Cameco's $2.6B Uranium Deal with India Announced by Premier Moe
Saskatchewan-based Cameco Corporation has signed a major long-term uranium supply agreement with the Government of India, valued at $2.6 billion, as announced by Premier Scott Moe.
Kirkland Workers to Strike for Two Days, Essential Services Maintained
Blue-collar workers in Kirkland, Quebec, will stage a two-day strike to demand better working conditions and wages, while ensuring essential services remain operational during the protest.
Stocks Slip, Oil Leaps as Middle East War Sparks Inflation Worries
Escalating hostilities in the Middle East have triggered a sharp rise in oil prices and a decline in U.S. stock markets, intensifying concerns about persistent high inflation and global economic stability.
Ottawa Should Use Healthcare to Boost Homegrown Startups: Report
A new report argues Canada's healthcare system should prioritize domestic tech innovators like HygenX Ai, whose operating room robot has found success abroad but struggles at home.
Highway 44 Closed in Edmonton Following Serious Crash
A severe collision has led to the closure of a section of Highway 44 in Edmonton, with authorities investigating the incident. The crash highlights ongoing traffic safety concerns in the region.
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Blankfein Warns of Financial Complacency, Urges Crisis Planning
Former Goldman Sachs CEO Lloyd Blankfein cautions that complacency has grown since 2008, urging the finance industry to prepare for another potential crisis through aggressive contingency planning.
Kitchener Business Robbed at Gunpoint in Armed Incident
A Kitchener business was targeted in an armed robbery involving a firearm, according to local police reports. The incident has heightened community safety concerns.
McDonald's CEO Roasted Over Awkward Big Arch Burger Video
McDonald's CEO Chris Kempczinski goes viral for a clumsy tasting of the new Big Arch burger, sparking social media mockery and questions about his authenticity.
Bank of Canada: Rate Hikes Needed Even in Weak Economy
The Bank of Canada emphasizes that interest rate increases can be essential to combat inflation, even during periods of economic slowdown, highlighting a cautious monetary policy approach.
TSX Down 100+ Points, U.S. Markets Also Fall
Canadian and U.S. stock markets experienced significant declines, with the S&P/TSX composite dropping more than 100 points. The downturn reflects broader economic uncertainties and geopolitical tensions.
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Market Turmoil as Middle East Conflict Escalates
Escalating war in the Middle East triggers a sharp decline in global stock markets and a surge in oil prices, raising fears of renewed high inflation and economic instability worldwide.
Gas Prices Surge as Qatar Shuts World's Largest LNG Plant
European gas futures surged over 50% after Qatar halted production at the world's largest LNG export facility following an Iranian drone attack, threatening global energy security.
NorthWest Copper Updates Kwanika Mineral Resource with High-Grade Focus
NorthWest Copper Corp. announces an updated mineral resource estimate for its Kwanika-Stardust Project, highlighting a strategic shift to higher-grade copper and gold. The data will support a Preliminary Economic Assessment targeted for mid-2026.
Two Hospitalized After Crash in Elgin County, Lyons Line Closed
A severe traffic accident in Elgin County has resulted in two individuals being transported to the hospital. Lyons Line remains shut down in both directions as authorities investigate the scene.
Fatal Pickering Crash Leaves One Dead, Three Hospitalized
A tragic vehicle collision in Pickering, Ontario, has resulted in one fatality and three individuals hospitalized with injuries. Durham Regional Police are investigating the incident.
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Osisko Development Resumes Cariboo Gold Project Activities
Osisko Development Corp. announces the phased reopening of its Cariboo Gold Project in British Columbia following a temporary suspension due to a tragic incident in January 2026. The company has implemented enhanced safety measures and resumed multiple si
Energy Prices Surge as Supply Chain Disruptions Rattle Markets
A combination of tanker route disruptions and unexpected facility shutdowns has triggered a sharp increase in global energy prices, impacting markets worldwide and raising concerns over supply stability.
Carney, Modi Reset Canada-India Ties with Trade, Uranium Pact
Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi pledged enhanced cooperation in trade, supply chains, and nuclear energy during Carney's landmark visit to New Delhi, marking a reset after years of diplomatic strain.
Monument Mining Q2 FY 2026: $49.23M Revenue, $20.16M Net Income
Monument Mining Limited announced its second quarter fiscal 2026 results, highlighting a gross revenue of US$49.23 million and net income of $20.16 million. The company saw increased gold production and sales, with cash reserves rising to $82.65 million.
Foreign Investment May Back New Alberta Pipeline Project
Alberta Premier Danielle Smith indicates state-owned foreign investors might finance a proposed oil pipeline to British Columbia, with analysts noting the necessity of overseas capital for the $20-30 billion project.
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Stocks React to Iran Attacks: Airlines Down, Defense Up
Airlines, cruise operators, and hotel stocks fell sharply as Middle East tensions escalated, while energy and defense sectors surged. Delta Air Lines dropped 4%, and Exxon Mobil gained notably.
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