Head-On Crash Near Bruce Pit Sends One to Hospital
A serious head-on collision on Cedarview Road resulted in one person being hospitalized. The incident occurred Wednesday afternoon, with emergency services responding promptly to the scene.
Category : Business
U.S. Reviews CUSMA Automotive Rules of Origin
The U.S. International Trade Commission has initiated a comprehensive review of the automotive rules of origin under the CUSMA trade agreement, potentially impacting North American auto manufacturing and supply chains.
Downed Powerline Blocks London Industrial Park Road
A downed powerline has blocked Shamrock Road in a London industrial park, prompting a swift response from London Hydro crews to secure the area and restore safety.
Kitsilano Property Sells Below Asking, Strong Rental Income
A Kitsilano property with multiple rental units sold for $2.9 million, generating over $150,000 annually in rental income. The R1-1 zoned property includes a four-suite house and a laneway home.
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Court Approves SSENSE Buyout, Rejects Lender Liquidation
Quebec Superior Court has approved the buyout plan for Montreal fashion retailer SSENSE, prioritizing employee job preservation over lender-led liquidation efforts.
Multi-Generational Housing Demand Surges in Calgary
Calgary's housing market sees rising demand for multi-generational homes as high prices drive families to combine resources. Builders and realtors note this trend is becoming mainstream beyond cultural traditions.
Driver Injured in Highway 17 Crash While Passing Truck
A driver was injured in a collision on Highway 17 near Bruce Mines after trying to overtake a tractor-trailer. Ontario Provincial Police reported the early morning incident, highlighting ongoing road safety concerns.
Vale Sells Majority Stake in Canadian Nickel Venture
Vale SA has agreed to sell most of its stake in a Canadian nickel venture to Exiro Minerals, Orion Resource Partners, and Canada Growth Fund as part of a strategic review of its base metals business.
Private Equity Targets Clean Energy After 2025 Drop-Off
Investment giants like KKR and Energy Impact Partners are actively seeking acquisitions in the U.S. clean energy sector, signaling a market rebound following a significant contraction in deal activity last year.
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Nova Scotia Renovates Victorian Building for Affordable Housing in Yarmouth
A Victorian building in Yarmouth, Nova Scotia, is being converted into a 12-unit complex with seven affordable units, part of a provincial initiative to address housing shortages.
Ottawa's ByWard Market Parking Garage Adopts 3-Hour Pay-and-Display
The City of Ottawa is converting the Clarence Street parking garage in the ByWard Market from a gated system to a 3-hour pay-and-display ticketing model, aiming to improve accessibility and streamline operations for visitors and local businesses.
Ssense Founders Win Court Approval for $78M Buyout
The founders of luxury retailer Ssense have obtained court approval for their $78 million buyout of the company, overcoming opposition from a group of major lenders seeking liquidation.
Reese's Grandson Accuses Hershey of Secret Ingredient Changes
Brad Reese, grandson of the Reese's Peanut Butter Cup inventor, claims Hershey has quietly replaced milk chocolate and peanut butter with inferior ingredients in some products.
Arbitrator Sides with Air Canada in Flight Attendant Wage Case
An arbitrator has ordered Air Canada to increase wages for 15,000 cabin crew by over 20% over four years, largely aligning with the airline's initial proposal, following a rejected tentative agreement and strike.
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Canada's 2025 Trade Deficit Widest on Record Outside Pandemic
Canada's annual trade deficit widened to $31.3 billion in 2025, the largest on record excluding the COVID-19 pandemic, driven by U.S. tariffs that hammered key export sectors and reduced exports to the United States by 5.8%.
Ontario Teachers' Pension Shifts Climate Strategy to Investments
The Ontario Teachers' Pension Plan Board is pivoting its climate strategy, moving from emissions tracking to prioritizing sustainable investments, as announced in its latest financial report.
Risley's Firm Faces $776M Debt, Legal Battles in Ownership Shakeup
CFFI Ventures Inc., led by seafood billionaire John Risley, seeks creditor protection amid $776 million debt and legal claims while planning asset transfer to new entity.
Energy Stocks Lift TSX as Oil Prices Climb Higher
The S&P/TSX composite index rose significantly, driven by a strong performance in energy stocks following an increase in oil prices. This market movement highlights the ongoing influence of commodity markets on Canadian equities.
Canada Housing Market: Sales Drop, Supply Rises in January
A new RBC report reveals Canada's housing market experienced a significant decline in sales and an increase in supply in January, with Calgary and Vancouver among the hardest-hit markets.
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7-Eleven Canada's Plan: Egg Sandwiches and Franchising
7-Eleven Canada is expanding with a focus on franchising, a restaurant-style model, and introducing Japanese-inspired egg salad sandwiches to drive growth in the competitive convenience market.
Cenovus Q4 Earnings Beat Expectations on MEG Acquisition
Cenovus Energy Inc. reported a sharp rise in fourth-quarter profit, driven by increased oilsands production from its MEG Energy acquisition, beating analyst forecasts.
Deere Lifts Profit Forecast as Construction, Sales Rebound
John Deere has increased its full-year profit forecast, driven by a strong rebound in construction equipment sales and agricultural demand, leading to a significant surge in its share price.
Nova Bus Wins U.S. Order for 15 Buses from Academy Bus
Nova Bus, a Volvo Group company, has received a firm order for 15 Nova LFS buses from Academy Bus, with deliveries starting in early 2027 for operations in Florida and New Jersey.
Canada-Mexico-U.S. Business: The Winning Trade Formula
Canada's trade strategy must prioritize deeper integration with Mexico alongside U.S. partnerships to build resilient, competitive North American value chains across sectors like automotive and manufacturing.
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Canada-U.S. Trade Deficit Narrows, Goods Gap Hits Record
Canada's overall trade deficit with the United States declined in 2025, but the deficit for goods alone reached a record high, highlighting complex economic dynamics.
U.S. Considers 50-Year Mortgages to Improve Housing Affordability
The U.S. administration is exploring 50-year mortgages as a measure to stimulate the housing market and improve affordability for first-time homebuyers, according to a TD Economics report.
Court to Decide if Bankers Can Be Fired for Demanding Sleep
A federal jury in New York will determine whether Centerview Partners wrongfully terminated a junior analyst who required guaranteed sleep hours due to a diagnosed condition, testing workplace disability accommodations.
WinnipegVale Consortium to Invest in Thompson Mine Complex
A new consortium led by WinnipegVale is set to invest in the Thompson Mine Complex, signaling a major boost for the mining industry and regional economic development in Canada.
Fatal Crash on Perth Line 72 Claims One Life in Perth County
A tragic two-vehicle collision on Perth Line 72 between Road 147 and Road 136 has resulted in one fatality, with emergency services responding to the scene.
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Walmart's Keurig K-Duo Discount Beats Amazon by 30%
Discover Walmart's secret sale on the Keurig K-Duo Essentials coffee maker, featuring a 30% price advantage over Amazon and Keurig's official site. This versatile machine brews both single-serve pods and full carafes.
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