CRA Denies Hearing Loss Disability Tax Credit Claim
The Canada Revenue Agency rejected a disability tax credit claim from a hard of hearing taxpayer, highlighting strict eligibility criteria for the valuable credit that can exceed $3,200 annually.
Category : Business
Canada's Housing Market Set for Modest Recovery in 2026
A new TD Economics report predicts modest growth in Canada's housing market for 2026, with Alberta, Ontario, and British Columbia leading a slight recovery in sales and prices after declines in 2025.
Shell Joins Scene+ Loyalty Program for Gas Points
Shell PLC is integrating with the Scene+ rewards program, offering members points on fuel purchases starting this spring. The partnership expands loyalty options for Canadian consumers.
TSX Drops 300+ Points Amid Tech Stock Tumble
Canada's main stock index, the S&P/TSX composite, fell sharply by more than 300 points, driven by a significant decline in technology stocks, reflecting broader market volatility.
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Calgary Gets Only Western Canada Direct Flight to UAE
Etihad Airways will launch a non-stop route from Calgary to Abu Dhabi in November 2026, marking the sole direct connection between Western Canada and the United Arab Emirates.
GM Oshawa Plant Cuts Third Shift, 1,000+ Jobs Lost
General Motors eliminates the third shift at its Oshawa facility, resulting in at least 1,000 job losses. Union leaders blame U.S. trade tariffs and warn about Chinese EV imports.
Driver Charged After Vehicle Found in Lakeshore Ditch
A driver has been charged following an incident where a vehicle was found in a ditch in Lakeshore, Ontario. Police responded to the scene and are investigating the circumstances surrounding the event.
U.S. Tariffs May Harm Canadian Public Health: Study
British researchers warn potential U.S. tariffs could disrupt medical supplies, increase food costs, and worsen mental health outcomes in Canada through economic shocks.
$230B Raised for Energy Transition by Private Markets
Private capital markets have raised nearly US$230 billion specifically for energy transition funds over the past decade, creating a significant new financing source for renewable projects according to BloombergNEF analysis.
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Ocado Hit by Canadian Partner's Distribution Center Closure
Empire Co. Ltd., owner of Sobeys, shuts Calgary distribution center using Ocado's automated technology, following Kroger's similar move in the U.S., impacting Ocado's North American expansion.
Canada's November Trade Deficit Hits $2.2 Billion
Statistics Canada reveals a $2.2 billion merchandise trade deficit for November 2025, driven by increased imports of vehicles and other goods, highlighting ongoing economic pressures.
Porter Airlines Launches New Ottawa Routes to 3 Canadian Destinations
Porter Airlines announces new non-stop flights from Ottawa to three Canadian destinations starting in May 2026, enhancing regional connectivity and travel options for passengers.
UK-China Reset: Starmer and Xi Boost Trade and Tech Ties
British PM Keir Starmer and Chinese President Xi Jinping announce a reset in bilateral relations, focusing on trade, investment, and technology cooperation amid global uncertainties.
GM Axes Oshawa Shift, 700+ Jobs Lost
General Motors eliminates third shift at Oshawa assembly plant, laying off 700 workers and affecting up to 500 more at suppliers, amid broader auto sector challenges.
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OpenText Names Ex-IBM Exec Ayman Antoun as CEO
Canadian software giant OpenText has announced the appointment of former IBM executive Ayman Antoun as its next CEO, marking a significant leadership transition for the Waterloo-based technology firm.
Alberta Driver Charged with Stunt Driving in Northern Ontario
An Alberta commercial truck driver faces stunt driving charges after Ontario Provincial Police stopped the vehicle traveling 100 km/h in a 60 km/h zone in Val-Rita, Ontario.
CEOs Question Carney's Strategy with Trump Administration
The Business Council of Canada expresses concerns about Prime Minister Mark Carney's handling of U.S. relations, urging focus on preserving the North American trade agreement amid diplomatic tensions.
Canada's Trade Deficit Widens to $2.2B in November
Canada's trade deficit widened unexpectedly to $2.2 billion in November, driven by significant declines in gold and automotive shipments, while energy exports showed some recovery.
Brockville Faces Road Salt Shortage, Implements Conservation
The City of Brockville is implementing strategic road salt conservation measures this winter due to supply shortages, focusing on brine application and priority routes to maintain safety.
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Premiers Meet in Ottawa as U.S. Trade Talks Loom
Provincial leaders assemble in the capital for critical discussions on trade, economy, and national unity ahead of pivotal negotiations with the United States.
Excavator Blocks Highway 417, Driver Fined $780
A large excavator slipped off a transport trailer on Highway 417 near Moodie Drive, blocking two westbound lanes for hours. The driver received $780 in fines for vehicle defects and insecure load violations.
Cuba's Oil Crisis: Just 15-20 Days of Supply Left
Cuba's oil reserves are critically low, with only 15 to 20 days of supply remaining as U.S. pressure disrupts imports from Mexico and Venezuela, threatening severe rationing and blackouts.
Stroud Arena Closed Until End of February for Repairs
The Stroud Arena in Innisfil, Ontario, will remain closed until at least the end of February 2026 due to a structural wall issue, impacting local recreation and hockey programs.
Ottawa Airport Sees Drop in U.S. Travel in 2025
Ottawa International Airport experienced a notable decrease in passenger traffic to and from the United States during 2025, according to recent data. The decline marks a shift in travel patterns affecting the capital's aviation hub.
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First Quantum Seeks Buyer for Turkish Copper Mine
First Quantum Minerals is seeking a buyer for its Çayeli copper and zinc mine in Turkey, valued at approximately $400 million, as part of ongoing asset sales following the shutdown of its flagship Panama mine.
Fatal Crash on Barlow Trail in Calgary Claims Life
A single-vehicle crash on Barlow Trail in Calgary early Thursday morning resulted in one fatality, with significant traffic disruptions expected during morning rush hour.
Nexus Lane Changes at Windsor-Detroit Tunnel
Significant adjustments to Nexus lane placements are being implemented at the busy Windsor-Detroit Tunnel border crossing, impacting frequent travelers and commercial traffic flow between Canada and the United States.
Geotab Vitality Adds AI Features for Driver Rewards
Geotab Vitality enhances its mobile app with AI-driven data on idling, hours of service, and vehicle inspections, enabling drivers to earn more rewards while improving fleet efficiency and compliance.
IPS Acquires TechPro Power Group to Expand Services
Integrated Power Services completes strategic acquisition of TechPro Power Group, enhancing North American power systems lifecycle management capabilities for data centers and critical industries.
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Starbucks Canada Launches New Three-Tier Loyalty Program
Starbucks Canada introduces a redesigned Starbucks Rewards program with Green, Gold, and Reserve tiers, offering personalized benefits and non-expiring Stars for loyal members starting March 10, 2026.
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