New Housing Agency Has No Build Targets, Federal Spending to Drop
Housing Minister Gregor Robertson introduces Build Canada Homes agency without specific construction goals while PBO projects 56% decline in federal housing program spending by 2029.
Category : Business
Manitoba Propane Facility Explosion Injures Workers, Stops Work
A serious explosion and fire at a propane distribution facility in the RM of Taché, Manitoba has resulted in worker injuries and prompted immediate stop-work orders from authorities as investigations begin.
CT Train Derailment: Hazardous Cars in River, No Leaks
A freight train derailed in Mansfield, Connecticut, sending cars carrying liquid propane into the Willimantic River. Officials report no leaks or injuries, but a shelter-in-place order is in effect.
AI Fears Spark Tech Selloff, S&P 500 Drops
Major US stock indices plunged as Alphabet's spending plans and Qualcomm's forecast rattled investors, raising concerns over AI valuations and returns.
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Labrador Gold Alerts Shareholders to Dissident Proxy Issues
Labrador Gold Corp. identifies material deficiencies in dissident shareholder proxy materials, urging investors to vote only on the company's BLUE proxy to ensure votes count at upcoming meeting.
Edmonton Homeownership Beats Renting: Study
A new Zoocasa study shows owning a home in Edmonton costs just $85 more monthly than renting, with significant long-term equity advantages for homeowners.
Calgary Breaks Housing Record with 28,000 New Homes in 2025
Calgary leads Canada in housing delivery, achieving a record 27,952 occupancy-ready homes in 2025, more than double the 10-year average, driven by the Home is Here strategy.
Calgary Real Estate: Micro-Markets Define 2026 Outlook
Calgary's 2026 real estate forecast reveals a fragmented market with uneven supply and demand. While overall prices may dip, certain segments like single-family homes show resilience amid shifting buyer preferences.
Stone Bath Mat on Amazon Ends Damp Bathroom Problems
Discover why Amazon's $30 stone bath mat, made from diatomaceous earth, is replacing traditional fabric mats. Reviewers praise its instant absorption, odor resistance, and easy maintenance.
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Bitcoin Plunge: Crypto Market Loses $2 Trillion
Bitcoin's value plunged to its lowest level since October 2024, with the global cryptocurrency market losing $2 trillion since its peak. The decline is driven by weakening risk sentiment, tech sector selloffs, and institutional ETF withdrawals.
Gemini to Cut 25% of Jobs, Exit Key International Markets
Crypto exchange Gemini, founded by the Winklevoss twins, is cutting up to 25% of its workforce and winding down operations in the UK, EU, and Australia as Bitcoin prices decline.
Essex County Delays Development Fees Over Trump Chaos
Essex County Council votes to phase in new development charges starting in 2028, citing economic uncertainty and political turmoil in the United States as key factors in the decision.
N.S. Groups Teach Hydroponic Farming Techniques
Community groups in Nova Scotia are uniting to provide hands-on hydroponic farming training, focusing on sustainable agriculture and youth engagement in horticulture.
Hulk Hogan's Florida Mansion Listed for $11M
The late WWE legend Hulk Hogan's 5,400-square-foot Florida mansion has hit the market for nearly $11 million. The beachfront property features luxury amenities and a tragic connection to Hogan's passing in 2025.
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Glencore Wanted 40% in Rio Tinto Merger Talks
Glencore PLC sought a 40% stake in a potential merger with Rio Tinto Group, but talks collapsed due to valuation disagreements, ending plans for the world's largest mining company.
Macklem: Canada Must 'Lean Into' Economic Disruption
Bank of Canada Governor Tiff Macklem calls for Canada to actively engage with economic disruption, highlighting the need for adaptation in a rapidly changing global landscape.
Ladner House Sells for $1.3M with English Garden
A three-bedroom house in Ladner's Hawthorne district sold for $1,300,000 after eight days on market. The 1971-built home features a new kitchen, English-style garden, and flexible storage options.
Saskatchewan Housing Shortage Hits Urban and Rural Areas
Realtors in Saskatchewan report a severe housing shortage affecting both urban centers and rural communities, driving up prices and limiting options for buyers across the province.
HBC Creates Hardship Fund for Ex-Staff Financial Aid
Former Hudson's Bay Company employees may receive financial assistance through a new hardship fund designed to help with bills and living expenses during economic challenges.
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Calgary Couple Charged in Travel Fraud Scheme
A Calgary husband and wife face charges for operating a fraudulent travel business that allegedly defrauded victims across Canada and the Philippines of over $200,000.
Epstein's Private Banker Managed His Money in Final Years
Newly released emails reveal Paul Barrett, a former JPMorgan private banker, managed Jeffrey Epstein's investments through Alpha Group Capital. The revelations raise questions about financial institutions' due diligence processes.
Toronto, Vancouver Show Highest Mortgage Stress: CMHC
A new report from Canada's housing agency identifies Toronto and Vancouver as the metropolitan areas with the most significant signs of mortgage payment difficulties among homeowners.
Air Canada Supreme Court Case on Advertised Pricing
The Supreme Court of Canada will hear a class-action lawsuit alleging Air Canada charged more than advertised prices, potentially impacting consumer rights and airline transparency nationwide.
Manitoba All-Season Road Cleared of Major Environmental Harm
A federal environmental assessment concludes that Manitoba's proposed all-season road will not cause significant ecological damage, paving the way for improved northern connectivity.
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N.S. RCMP Hunts 3 in Counterfeit $50 Bill Probe
Nova Scotia RCMP is actively searching for three individuals connected to the circulation of counterfeit $50 bank notes across the province, urging public assistance.
Vancouver Police Probe Rollover Crash at Major Intersection
Vancouver police are investigating a serious rollover crash that forced the closure of a major city intersection on Thursday. Authorities are working to determine the cause of the incident.
Calgary Couple Charged in Travel Business Fraud Case
A Calgary couple has been criminally charged after allegedly operating a fraudulent travel business, with authorities investigating multiple complaints from customers.
$3K+ Cosmetics Stolen from Hanover Store
Hanover Police are investigating a significant theft where more than $3,000 worth of cosmetics was stolen from a local store, highlighting retail crime concerns.
TSX Drops 500+ Points, U.S. Markets Also Fall
The S&P/TSX composite index fell sharply by more than 500 points, with U.S. stock markets also declining significantly in a widespread market downturn.
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Supreme Court to Hear Air Canada Pricing Case
Canada's Supreme Court will adjudicate a protracted legal dispute concerning Air Canada's advertised pricing, a case with significant implications for consumer protection and corporate advertising standards nationwide.
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