Imperial Oil Ltd., an Exxon Mobil subsidiary, will close the historic Norman Wells oil production site in Canada's Northwest Territories after a century of operation, with production declining significantly from its peak.
Residents of Canmore, Alberta, can now apply for municipal grants to fund new roof installations, as announced in February 2026. This initiative aims to support home maintenance and sustainability in the community.
The S&P/TSX composite index rose nearly 300 points, with U.S. stock markets also posting gains, reflecting positive investor sentiment and economic momentum.
The Yacht Club de Monaco gathers industry leaders for its 18th Economic Symposium, focusing on the yachting sector's transformation amid new environmental standards and economic challenges.
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Oracle Corporation announces plans to raise $45-50 billion through debt and equity sales to expand cloud infrastructure capacity for major AI clients including Nvidia and OpenAI.
The Darlington nuclear power plant refurbishment in Ontario has been completed months early and $150 million under budget, extending its operational life until at least 2055.
Vancouver-based Eldorado Gold Corp. acquires Foran Mining Corp. in a $3.8 billion share swap, creating a new major copper-gold producer amid volatile precious metals markets.
Barrie police issue warning about sophisticated scam where criminals impersonate fraud investigators to steal personal information and money from unsuspecting victims.
OPEC+ reaffirms its three-month production freeze through March despite oil prices hitting four-month highs due to U.S.-Iran tensions. Key members led by Saudi Arabia and Russia leave future decisions for March meeting.
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Corus Entertainment will ask an Ontario court to approve its recapitalization plan after failing to secure sufficient shareholder support in a recent vote, as the media company navigates financial restructuring.
SpaceX and Elon Musk's xAI are in advanced discussions to merge, potentially creating one of the world's largest private companies. The deal could be announced this week, but negotiations remain fluid.
A disabled train near Toronto's Union Station has led to significant delays for GO Transit commuters and a temporary suspension of the UP Express airport rail link, impacting morning travel.
Calgary police issued a photo of a B.C. driver caught speeding at 117 km/h in a 50 km/h zone on Aero Drive N.E., highlighting dangerous passing on a single-lane road.
Kingsway Boulevard in Greater Sudbury has reopened to traffic after a single-vehicle collision forced its closure on Monday morning. The incident occurred near the Highway 17 bypass, impacting local commuters.
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Vancouver city staff are recommending a public hearing for a controversial 25-storey hotel tower proposal in the West End that would replace a 1950s hotel, despite significant community opposition.
Calgary police apprehended a British Columbia motorist traveling at 177 km/h in a 50 km/h zone on Aero Drive N.E., highlighting ongoing traffic enforcement efforts.
Microsoft's stock plummeted $381 billion after earnings revealed massive AI spending without expected growth, highlighting investor concerns about Big Tech's capital expenditure binge.
Tyson Foods reported quarterly profits exceeding analyst expectations, fueled by robust consumer demand for chicken products, as the company navigates market dynamics.
President Donald Trump is launching a $12 billion critical minerals stockpile called Project Vault to reduce U.S. reliance on Chinese rare earths and secure supply chains for manufacturers.
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IperionX CEO Taso Arima's 2026 shareholder letter outlines plans to establish America's leading domestic titanium manufacturing platform, supporting industrial renewal and national defense.
The Walt Disney Company reports strong first-quarter performance for 2026, driven by major box office successes from its animated and sci-fi film franchises.
A single-vehicle collision has forced the closure of Kingsway Boulevard in Greater Sudbury near Highway 17 bypass, disrupting Monday morning traffic in Northern Ontario.
Kevin Warsh, nominee for Federal Reserve Chair, advocates for reducing the central bank's massive asset holdings, but experts warn the process is fraught with economic risks and implementation difficulties.
Former Calgary city councillor Courtney Walcott argues housing affordability is the primary driver of homelessness, not unemployment or income, during a University of Alberta lecture on housing policy.
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Gold prices have experienced their most severe decline since the 1980s, with volatility now surpassing Bitcoin. Analysts debate whether this represents a buying opportunity or signals further losses ahead.
Welding equipment giant ESAB Corporation announces a definitive agreement to purchase Canadian non-destructive testing instrument manufacturer Eddyfi Technologies for US$1.45 billion.
Porter Airlines announces new direct flights from Ottawa International Airport to Miami and Phoenix, expanding its network and offering more travel options for Canadian passengers.
Precious metals gold and silver extended their declines after the CME Group raised margin requirements, prompting a wave of selling among investors and traders.
The U.S. Federal Aviation Administration expresses concerns about Canada's slow certification process for American-made jets, as President Trump threatens 50% tariffs on Canadian aircraft.
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U.S. energy giants Devon Energy and Coterra Energy have agreed to a monumental $58 billion merger, signaling a major consolidation within the North American shale oil and gas sector.
