Hydro-Québec's 2025 Net Income Hits $2.9B, Up 9%
Hydro-Québec announced a net income of $2.9 billion for 2025, marking a 9% increase, as the utility continues to play a key role in Quebec's energy sector.
Category : Business
EBay Cuts 800 Jobs in Third Round of Layoffs in Three Years
EBay Inc. is laying off approximately 800 full-time employees, representing six per cent of its global workforce, as part of a strategic realignment. This marks the third round of job cuts in three years, following earlier reductions in 2023 and 2024.
U.S. Cuts Off Swiss Bank Over Iran, Russia Money Flows
The U.S. Treasury Department has moved to sever ties with a Swiss bank, alleging it facilitated illicit financial flows linked to Iran and Russia, marking a significant escalation in sanctions enforcement.
Hydro-Québec's 2025: Revenue Rises, Power Outages Drop
Hydro-Québec announced a solid financial performance for 2025, with net revenue increasing by 9% to $2.9 billion and power outages decreasing by 6%. The utility contributed $26.1 billion to Quebec's GDP.
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Man Killed in T-Bone Crash on Highway 401 in Ontario
A man from Gatineau, Quebec, has died after a T-bone crash on Highway 401 in eastern Ontario. Ontario Provincial Police are investigating the incident, which occurred on February 26, 2026.
22 Speeding Tickets Daily on Stoney Trail in January: Calgary Police
Calgary Police Service data reveals 677 speeding tickets were issued on Stoney Trail in January, averaging 22 per day, highlighting ongoing traffic enforcement efforts in the city.
Quebecor Q4 Profits Up on Wireless Revenue Growth
Quebecor reports increased fourth-quarter profits driven by higher wireless revenue per customer, with CEO Pierre Karl Péladeau highlighting strategic gains amid competitive market conditions.
Sandman Hotel Group Strengthens Human Trafficking Prevention Efforts
Sandman Hotel Group intensifies its collaboration with the Alberta Hotel & Lodging Association through the 'Not In Our Hotel' initiative, providing specialized training to hospitality staff across Canada to recognize and respond to human trafficking indic
Ohio Hog Farm Fire Kills 6,000 Animals, Smoke Visible Miles
A devastating fire at a large hog farm complex in Madison County, Ohio, has resulted in the deaths of approximately 6,000 hogs, with thick smoke billowing across the region, visible for miles around.
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Court Rebukes OSC Over Forex Trading Case Costs
Ontario Superior Court awards $80,000 in legal costs to MyForexFunds, criticizing the securities commission's conduct in the investigation of the simulated trading platform.
Highway 417 Bridge Work to Close Ottawa Roads for 6 Weeks in 2028
The Ministry of Transportation confirms Woodroffe Avenue and Maitland Avenue will close for six to seven weeks in 2028 during Highway 417 bridge replacements, impacting Ottawa traffic.
Edmonton Couples Choose Home Down Payments Over Wedding Costs
A growing trend sees young couples in Edmonton opting to invest in their first home rather than fund expensive weddings, as housing remains relatively affordable compared to other Canadian markets.
Budget Watchdog Predicts Zero Population Growth This Year
Canada's parliamentary budget officer projects zero population growth for 2026, marking a significant demographic shift with implications for economic and social policies nationwide.
WEF CEO Brende Steps Down Amid Epstein Links Probe
World Economic Forum CEO Børge Brende has resigned after an investigation into his connections with Jeffrey Epstein. The WEF concluded its probe, finding no additional concerns beyond previously disclosed meetings.
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Vancouver Upzones Hundreds of Side Streets for Apartment Blocks
The City of Vancouver has approved mass upzoning for six- to eight-storey apartment blocks across 200 quiet residential blocks in East Vancouver, raising concerns about transparency and community impact.
Novo Resources Secures A$8.2M Capital Raise
Novo Resources Corp. has received firm commitments for a capital raising of approximately A$8.2 million through a placement of units and CDIs to institutional and sophisticated investors, with major shareholder Northern Star participating.
Highway 11 Shut Down Overnight by Jackknifed Truck in Orillia
A major traffic incident involving a jackknifed tractor trailer led to the complete overnight closure of Highway 11 in Orillia, Ontario, causing significant disruptions and safety concerns.
Conciliator Steps In as EMS Union and County Talks Stall
A conciliator has been appointed to mediate stalled contract negotiations between the Essex-Windsor EMS union and the county, aiming to resolve disputes and prevent service disruptions.
Canada-India Trade Deals During Carney Visit
Prime Minister Mark Carney's visit to India aims to reset diplomatic relations and unlock trade opportunities in nuclear power, oil, critical minerals, AI, and quantum computing.
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Tree-Shaped Office Tower Proposed for Vancouver Waterfront
A 22-story office building designed to resemble a maple tree has been proposed for Vancouver's waterfront, replacing a parking lot near historic Waterfront Station with a unique architectural concept.
GO Train Service Disrupted After Fatal Incident Near Guelph
A person has died after being struck by a GO Transit train east of Guelph Central station early Thursday, causing significant service disruptions on the Kitchener line.
Alberta Immigration Vote Creates Uncertainty for Real Estate
Alberta's upcoming referendum on immigration policies has created uncertainty for major landlords and investors, with concerns about potential impacts on population growth and rental markets.
Bitcoin Bull Case in $1 Trillion Market Wreckage
Despite Bitcoin's 45% plunge from October highs, institutional infrastructure remains intact, fueling a contrarian bull case as ETF inflows persist and long-term holders stay committed.
GoldHaven Names Raymond Wladichuk Technical Advisor
GoldHaven Resources Corp. appoints Raymond Wladichuk as Technical Advisor to bolster its geological team, focusing on advancing the Magno Project in British Columbia.
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Foremost Clean Energy Reports Jean Lake Core Sampling Results
Foremost Clean Energy Ltd. announces findings from its targeted historic core resampling program at the Jean Lake Property in Manitoba, expanding gold distribution insights along the Valkyrie and Midas Trends.
Wendy's Canada Launches New Crispy Chicken Sandwich Under $4
Wendy's Canada introduces a new Crispy Chicken Sandwich to its Quality Choices value menu, priced under $4 and available all day. Made with 100% Canadian chicken, it reinforces the brand's commitment to quality and affordability.
SAGA Metals Completes Warrant Acceleration, Secures C$3.4M
SAGA Metals Corp. announces the successful expiry of its Warrant Acceleration Program, generating C$3,422,888 in proceeds from exercised warrants since January 2026, strengthening the company's financial position.
Trump-Backed Bitcoin Firm Swings to Loss in Crypto Selloff
American Bitcoin, a cryptocurrency firm with ties to the Trump family, has posted a quarterly loss as the broader digital asset market experiences a significant selloff, highlighting volatility in the sector.
TD Bank Beats Estimates on Strong Business Performance
Toronto-Dominion Bank exceeded analyst expectations with robust earnings in its U.S. and Canadian retail divisions, capital markets, and wealth management, reporting adjusted earnings per share of $2.44.
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Midland Starts IP Survey on Caniapisc Gold Project
Midland Exploration Inc. has initiated a 24 line-kilometre induced polarization geophysical survey on its wholly owned Caniapisc Au project in Quebec's Eeyou Istchee James Bay region, following successful 2025 gold discoveries.
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