Supreme Court Rejects Trump Tariffs, Refunds Pending
The U.S. Supreme Court has ruled Donald Trump's global tariffs unlawful, leaving companies to navigate complex refund processes amid economic uncertainty.
Category : Business
U.S. GDP Growth Slows to 1.4% in Q4, Missing Forecasts
The U.S. economy expanded at an annualized rate of 1.4% in the fourth quarter of 2025, falling short of expectations due to a prolonged government shutdown and trade factors, though underlying demand remained resilient.
Supreme Court Rejects Trump's Tariffs, Deals Blow to Agenda
The U.S. Supreme Court has ruled against former President Trump's tariffs under the IEEPA, declaring them unlawful and delivering a significant setback to his economic policies.
Paramount Clears U.S. Antitrust Hurdle for Warner Bros. Bid
Paramount Skydance Corp. has received early antitrust clearance from the U.S. Department of Justice for its proposed $77.9 billion acquisition of Warner Bros. Discovery Inc., while also securing German regulatory approval.
Man Dies in Head-On Collision in Anagance, N.B.
A 32-year-old man from Atlantic Canada has died following a tragic head-on collision in Anagance, New Brunswick. The incident occurred recently, with local authorities investigating the circumstances surrounding the fatal crash.
IPG Launches Packaging Diagnostics for Global Operations
IPG introduces its Packaging Diagnostics program, integrating iTrack monitoring, AF2K adhesion testing, and Gear Up audits to enhance packaging line efficiency and uptime for manufacturers worldwide.
Supreme Court Strikes Down Trump's Global Tariffs
The U.S. Supreme Court has ruled Trump's tariffs under IEEPA as unlawful, rejecting a central economic policy and impacting trade relations, with Canada among affected nations.
Gold Dips as Supreme Court Strikes Down Trump Tariffs
Gold prices pared earlier gains following a landmark U.S. Supreme Court ruling that declared former President Trump's global tariffs unlawful, impacting market sentiment and trade dynamics.
Oilsands Mega Merger Wave Predicted After Record 2025 Deals
Analysts forecast a wave of mega mergers in Canada's oilsands sector as consolidation leaves few smaller targets. Record US$37.8 billion in 2025 deals sets stage for major combinations among remaining industry giants.
OMERS, Calpers, BCI Buy $1.4B Blue Owl Private Loans
Blue Owl Capital sold a $1.4 billion portfolio of private loans to three major North American pension funds and its insurer, Kuvare, to return cash to investors amid redemption pressures.
Supreme Court Rules Trump's Canada Tariffs Illegal
The U.S. Supreme Court has declared President Donald Trump's emergency tariffs on Canada unlawful in a 6-3 ruling, potentially reshaping trade dynamics ahead of CUSMA review.
Foodtastic Buys Alberta's Central Social Hall Chain
Restaurant franchisor Foodtastic acquires Alberta-based Central Social Hall, expanding its portfolio in Western Canada under CEO Peter Mammas's leadership.
Underweight Tech Strategy Wins in 2026 Stock Markets
Mutual fund managers reducing tech exposure are outperforming benchmarks as AI disruption reshapes industries and market leadership broadens beyond Big Tech stocks.
Supreme Court Rejects Trump's Global Tariffs
The U.S. Supreme Court has ruled against former President Donald Trump's proposed global tariffs, marking a significant legal setback. This decision impacts international trade policies and economic relations.
Email Blunder Exposes $90B Russian Oil Smuggling Ring
An IT error has uncovered a vast smuggling network moving over $90 billion in Russian oil, funding the war in Ukraine, with 48 companies linked via a single email server.
TTC Streetcar Collision Near Trinity Bellwoods Park
A Toronto streetcar was involved in a collision near Trinity Bellwoods Park, prompting a police investigation into the incident that occurred on February 20, 2026.
Port of Churchill Studies Year-Round Arctic Shipping with Fednav
Arctic Gateway Group collaborates with Fednav to examine operational requirements for year-round shipping from Churchill, focusing on ice navigation and business planning.
U.S. Economic Growth Slows in Q4 Due to Shutdown, Consumer Spending
The U.S. economy expanded at a 1.4% annual rate in Q4 2025, down sharply from previous quarters, as a federal shutdown and weaker consumer spending weighed on growth. The report highlights a puzzling job market and persistent consumer gloom despite solid
Vancouver Council to Consider Towers on Molson Brewery Site
Vancouver city council will review a proposal to rezone the former Molson Brewery site for mixed-use high-rise development, potentially transforming the industrial landmark into residential towers and businesses.
Ontarians Flee GTA for Affordable Housing in Other Provinces
As Toronto's population declines for the first time in decades, Ontarians are moving to other provinces for better housing affordability, with experts warning of financial pitfalls.
U.S. Economy Grows 1.4% in Q4, Below Expectations
The U.S. economy grew at an annualized rate of 1.4% in the fourth quarter of 2025, a slower pace than economists had anticipated, signaling potential headwinds.
Canadian Retail Sales Fall 0.4% in December to $70B
Statistics Canada reports a 0.4% decline in retail sales for December 2025, totaling $70 billion, marking a significant shift in consumer spending patterns as economic conditions evolve.
Crosstown LRT Drives Toronto Real Estate Growth
The new Eglinton Crosstown LRT is transforming Toronto's real estate landscape, boosting property values in previously overlooked areas and attracting diverse buyers.
Ottawa Homebuying Income Drops to $122,440
The minimum household income needed to purchase a home in Ottawa has decreased by $2,000, now standing at $122,440, reflecting shifting market conditions.
SkyTrain at 40: Vancouver's Rapid Transit Legacy Examined
Four decades after SkyTrain's debut, Metro Vancouver residents share mixed perspectives on its impact on urban development, property values, and daily commuting, revealing both affection and ongoing concerns.
AI Transforms Home Building in Tough Market Conditions
Builders are increasingly adopting artificial intelligence tools to enhance efficiency and reduce costs in home construction, with technologies like Togal.AI and OpenSpace AI gaining traction in the Greater Toronto Area.
Fatal Semi Crash on Highway 63: One Dead, One Critically Injured
A tragic semi-truck accident on Highway 63 has resulted in one fatality and one person in critical condition, with emergency services responding to the scene.
Fatal Crash Closes Hwy 401 Express Lanes in Mississauga
A deadly multi-vehicle collision has forced the closure of all eastbound express lanes on Highway 401 in Mississauga early Friday morning, causing major traffic disruptions.
Alberta Housing Markets Cool in Winter as Sales and Prices Drop
Calgary and Edmonton, once Canada's hottest housing markets, are experiencing a winter cooldown with sales falling by 15% and 27% respectively in January, signaling a shift towards a more balanced real estate environment.
Onex Reports US$181M Q4 Profit Amid Market Challenges
Canadian private equity giant Onex Corporation announced a robust fourth-quarter profit of US$181 million, showcasing resilience in a volatile economic landscape.
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