2025 Tax Filing Changes for Canadians: Essential Updates
Jamie Golombek of CIBC outlines important tax return modifications for 2025, including new deductions and CRA assistance programs, with the filing deadline set for April 30.
Category : Business
B.C. Property Tax Deferment Program Overhaul Sparks Debate
British Columbia's property tax deferment program has been revamped in the provincial budget, increasing interest rates and shifting to compound interest. Critics call it a 'loan shark' move, while supporters argue it's necessary to curb misuse by wealthy
B.C. Mining Industry Faces Critical Worker Shortage
British Columbia's mining sector is experiencing unprecedented growth but faces a severe labor shortage, with projections indicating a need for up to 35,000 new workers over the next decade.
Canada's Trade Deficit Narrows, U.S. Export Share Shrinks
Canada's trade deficit narrowed in December 2025, while the share of exports to the United States continued to shrink, highlighting shifting global trade dynamics.
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Gold Recaptures $5,000 Amid Focus on Interest Rates
Gold prices climbed to around $5,000 per ounce, with a 0.9% gain on Thursday, as traders monitor U.S. Federal Reserve policy and geopolitical tensions in the Middle East.
Chatham House Fire Causes $200,000 in Damage
A significant house fire in Chatham on February 17, 2026, resulted in an estimated $200,000 in property damage, with local fire services responding to the incident.
GoldHaven Secures $2M for Magno Critical Minerals
GoldHaven Resources announces a $2 million flow-through financing to advance exploration at its district-scale Magno polymetallic project in British Columbia, targeting critical minerals like indium and tungsten.
MTY Food Group Turns Q4 Loss Into Profit
MTY Food Group Inc. reported a profitable fourth quarter, marking a significant turnaround from a loss in the same period last year, driven by strong performance across its restaurant brands.
London Bus Cancellations Amid Freezing Rain and Drizzle
London experiences significant bus cancellations due to freezing drizzle and rain, impacting public transportation. The adverse weather conditions have disrupted services, highlighting challenges in urban transit during winter months.
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Futures Retreat After Nvidia Rally, Oil Up on Iran Conflict Fears
U.S. stock futures declined following a tech-led rally, while oil prices rose amid reports of potential conflict between the U.S. and Iran, impacting global markets.
Teck's Earnings Jump on Copper Price Surge
Teck Resources Ltd. reported a significant increase in quarterly earnings, driven by soaring copper prices and higher revenue from byproducts. The company reaffirmed production guidance for its Quebrada Blanca mine.
CIBC: Canada's Housing Market Worse Than Official Data Shows
CIBC economists reveal Canada's housing correction is more severe than official statistics indicate, with significant negative implications for the broader economy due to broken high-rise construction economics.
Cross-Border Travel Declines: Fewer Ontario Trips to New York
A significant drop in road trips from eastern Ontario to New York State was recorded in January, highlighting shifting travel patterns and potential economic impacts on border communities.
Yorbeau Begins Exploration Drilling in Northwestern Québec
Yorbeau Resources Inc. has started a significant exploration drilling program across its Beschefer, Selbaie West, and Allard properties in northwestern Québec, targeting copper, zinc, gold, and silver mineralization.
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Alberta's Pipeline Dream: Political Charade Masks Industry Disinterest
Despite a federal-provincial agreement, industry shows little interest in new oil pipelines, with political posturing potentially fueling Alberta separatist sentiment ahead of a critical referendum.
Canadian Tire Q4 Revenue Up After Strong Holiday Season
Canadian Tire reports a significant increase in Q4 revenue compared to the previous year, driven by strong holiday season performance. The retailer's sales surge highlights consumer spending trends.
Oil Firms Vie for Venezuelan Projects, Face Tough Road Ahead
Major oil companies are aggressively pursuing projects to rapidly increase Venezuela's crude production, but significant operational and political hurdles loom, potentially slowing long-term gains.
Hydro-Quebec Proposes 13¢/kWh Rate for Data Centres
Hydro-Quebec has unveiled a new electricity rate proposal specifically targeting data centres, setting it at 13 cents per kilowatt-hour. This strategic move aims to attract tech investments while managing Quebec's energy resources effectively.
SAGA Metals Updates on MRE Drilling at Trapper South
SAGA Metals Corp. has completed ten diamond drill holes at its Trapper South zone in Labrador, confirming oxide mineralization across all logged holes. The 2026 program targets critical minerals with significant intercepts and pending assay results.
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RBC Hires Goldman Trader Noel Reyes for Algorithm Push
Royal Bank of Canada has hired Goldman Sachs equities trader Noel Reyes to lead electronic trading and algorithm development, part of RBC's expansion in global stock trading.
Walmart CEO Furner Starts with Conservative Outlook
New Walmart CEO John Furner adopts a cautious approach amid economic uncertainties, focusing on stability and strategic growth for the retail giant.
Quebec Labour Market May Soon Favor Workers Over Employers
A new report from the Institut du Québec predicts a significant shift in the labour market dynamics, where workers could gain the upper hand over employers in the near future due to demographic and economic trends.
Calgary's Population Boom Drives Business Expansion
Alberta leads Canada in interprovincial migration, with Calgary attracting thousands of new residents from Ontario and Quebec, boosting local businesses like moving companies and real estate.
AGT Foods Plans Return to Public Trading with Major IPO
Regina-based AGT Food and Ingredients Inc. has filed to become publicly traded again through a $425 million IPO on the Toronto Stock Exchange, seven years after privatizing in a $436 million deal.
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Nuclear Power in Alberta: Overcoming Hurdles for Energy Security
Alberta explores nuclear energy to meet booming electricity demand, facing financial and regulatory challenges in its private utility model.
Bridge Authority Hunts New CEO Amid Trump Threats
The Windsor-Detroit Bridge Authority is searching for a new CEO as former leader Charl van Niekerk departs, coinciding with U.S. President Donald Trump's threats to block the Gordie Howe International Bridge opening.
VR Submits Drill Permit for New Boston Project in Nevada
VR Resources has applied for a drill permit for its New Boston moly-tungsten-copper-silver porphyry project in Nevada, targeting steep conductivity anomalies identified in a 2023 geophysical survey.
Brunswick Exploration Finds Seven New Lithium Targets in Quebec
Brunswick Exploration Inc. has identified seven new spodumene targets and staked additional claims at its Anatacau Main Project in Quebec's James Bay region, significantly expanding lithium exploration potential.
Labrador Gold Warns of Dissident's Dividend Promise
Labrador Gold Corp. cautions shareholders about a dissident group's vote-contingent dividend promise, comparing it to previous misleading campaigns. The company urges voting only on the BLUE proxy ahead of the February 20, 2026 deadline.
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Discovery Silver Q4 2025: Strong Earnings and Cash Growth
Discovery Silver Corp. announced robust financial results for Q4 2025, showing significant earnings growth, improved gold production, and a 20% increase in cash position to $410.7 million.
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