Bus Plunges into River in Bangladesh, Killing 18
A passenger bus fell into the Padma River while boarding a ferry in Rajbari district, Bangladesh, resulting in at least 18 fatalities and leaving families in mourning.
Category : Business
R&D Tax Credits Hit $900M+ in North America: Boast Report
Boast's 2026 benchmark report reveals companies secured over $900 million in R&D tax credits in 2024, with average claim values up 245% since 2018, highlighting strategic innovation funding trends.
BMO Targets 15% Return on Equity via Wealth and U.S. Growth
The Bank of Montreal has set an ambitious goal to achieve a 15% return on equity by focusing on growth in its wealth management division and expanding its U.S. business operations.
Coinbase Launches Token-Backed Home Down Payments
Cryptocurrency exchange Coinbase is launching a new service allowing homebuyers to use digital tokens as collateral for down payments, potentially revolutionizing real estate financing.
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Iran Oil Revenue Soars as Only Hormuz Exporter
Iran has earned hundreds of millions in extra oil income since the war began, benefiting from price surges as it remains the only major exporter using the Strait of Hormuz, with exports holding steady at 1.6 million barrels daily.
Hedge Investments Against Stock Market Volatility
Greg Taylor, CIO at PenderFund Capital Management, discusses how investors are reducing risk and finding value in turbulent markets, offering insights for portfolio management.
Ottawa Gas Prices Drop 6 Cents on Friday
Ottawa drivers will see a significant 6-cent per liter drop in gasoline prices this Friday, continuing the recent roller coaster of fuel cost fluctuations in the region.
Carbon Tax Hike to $170 May Cost Workers $1,160 Annually
A Fraser Institute study predicts Canada's carbon tax increase to $170 per tonne by 2030 could reduce average worker income by $1,160, eliminate 50,000 jobs, and shrink the economy by 1.3%, with Alberta hardest hit.
Agropur Recalls Milk Products Over Glass Contamination Risk
Canada's largest dairy cooperative, Agropur, has issued a voluntary recall for multiple milk products across several provinces due to potential glass contamination, following a customer complaint.
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Canadian Miner Challenges China's Rare Earth Dominance
Vancouver-based Defense Metals Corp. is developing Canada's first rare earth mine at the Wicheeda project, aiming to capture 7-8% of global production by 2030 with government support.
Historic Hudson's Bay Store in Vancouver Draws Buyer Interest
Multiple groups are exploring options for the former Hudson's Bay flagship building in downtown Vancouver, with commercial brokers indicating a pricing guidance of $230 million for the 600,000-square-foot property.
55% of Canadians Not in Ideal Homes, Study Finds Space Gap
A new study by Century 21 Canada and Ipsos reveals 55% of Canadians aren't living in their ideal home, with most wanting more space and single detached houses. Affordability remains a key barrier.
Income Needed to Buy a Home in Ottawa Hits $122,440
A new analysis shows households in Ottawa require a minimum annual income of $122,440 to purchase a home, highlighting affordability challenges in the capital's real estate market.
Gas Prices to Fall 6 Cents per Litre in Toronto on Friday
Motorists in Toronto can expect relief at the pumps as gas prices are forecast to decrease by six cents per litre this Friday, according to industry analyst Dan McTeague.
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Latin Metals Begins Ventana North Copper Exploration in Argentina
Latin Metals Inc. has commenced its first systematic exploration program at the Ventana North copper property in northwest Argentina, part of a 500,000-hectare regional copper exploration portfolio. The 2026 field program aims to identify high-grade coppe
Cyclist Critically Injured in Alta Vista Collision
A male cyclist suffered serious injuries in a crash with a vehicle at the intersection of Pleasant Park and Haig drives in Ottawa's Alta Vista neighborhood early Thursday morning.
Wall Street Bonuses Hit Record $49.2 Billion in 2025
New York's financial sector saw bonuses surge 9% to an unprecedented $49.2 billion in 2025, according to the state comptroller, highlighting robust industry performance amid economic shifts.
Wall Street Drops on Middle East Tensions, Oil Bets
Global markets, including Wall Street, decline as missile attacks on Israel and uncertainty in peace talks fuel investor anxiety, compounded by surging oil bets raising manipulation fears.
Iran War Erases Global Growth Upgrade, Fans Inflation: OECD
The OECD reports that escalating conflict in Iran has eliminated projected global economic growth improvements and is driving inflation higher worldwide, impacting markets and policy.
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Windsor Adds Three Properties to Housing Solutions Plan
The City of Windsor has incorporated three city-owned properties into its Housing Solutions Made for Windsor initiative, aiming to boost affordable housing development and address local housing needs.
Wall Street Bets Earnings Withstand Surging Oil Prices
Despite surging oil prices, Wall Street analysts remain optimistic that U.S. corporate earnings will remain resilient, citing strong economic fundamentals and corporate adaptability.
Air Canada CEO Apologizes for Inadequate French Expression
Air Canada's CEO has issued a public apology for his inability to express himself 'adequately in French,' reigniting discussions on bilingualism in corporate leadership and national identity.
WTO Chief: Global Trade Order Irrevocably Changed
World Trade Organization Director-General Ngozi Okonjo-Iweala states the international trade landscape has undergone permanent transformation, highlighting new challenges and opportunities.
Transit Windsor Ridership Drops 18% in 2025
Transit Windsor reports an 18% decline in ridership for 2025, attributed to fewer students and ongoing route detours, impacting public transportation efficiency in the region.
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Rio Tinto Ends Diamond Business with Diavik Mine Closure
Rio Tinto Group closes its final diamond mine, Diavik, marking an end to over 50 years in the business. The move is part of a strategy to focus on key commodities like iron ore and lithium.
Air Canada CEO Apologizes for French Language Amid Crash Fallout
Air Canada CEO Michael Rousseau expresses regret over his inability to speak French, which has overshadowed condolences for pilots killed in the LaGuardia airport crash.
Maxus Mining Gains 100% Interest in Alturas West Antimony Mine
Maxus Mining Inc. has successfully earned complete ownership of the Alturas West Property in British Columbia, including the historic Alps-Alturas antimony mine, strengthening its position in the critical minerals sector.
Aduro Joins Chemical Recycling Europe for Industrial Plant
Aduro Clean Technologies has become a member of Chemical Recycling Europe, strengthening its position as it develops its first-of-a-kind industrial plant in the Netherlands and engages in regulatory frameworks.
Gulf Oil Infrastructure: $25B Repair Bill, Years-Long Recovery
Rystad Energy estimates a $25 billion repair cost for Gulf oil infrastructure damaged in Middle East conflict, with recovery taking up to five years due to structural constraints beyond capital.
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Air Canada CEO Apologizes for English-Only Crash Statement
Air Canada CEO Michael Rousseau apologizes for issuing an English-only condolence message after a fatal LaGuardia Airport crash, drawing criticism from Quebec politicians and federal officials.
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