Home Prices to Climb in Late 2026, Supply Now Abundant
Toronto real estate expert Jason Mercer predicts home prices could increase in the latter half of 2026, while buyers currently benefit from plentiful supply in the market.
Category : Business
RBC Launches $1B Fund to Help Canadian Businesses Grow
Royal Bank of Canada announces a new $1-billion fund making direct equity investments in Canadian companies to help them scale domestically and accelerate economic growth.
UAE Oil Chief: Hormuz Strait Closed, Iran Restricts Access
The head of Abu Dhabi National Oil Co. states Iran continues to block the Strait of Hormuz, forcing Gulf producers to shut oil and gas production and disrupting global energy flows.
Toronto Subway Service Restored on Line 2
The Toronto Transit Commission has resumed subway service on a stretch of Line 2 following a temporary suspension. Normal operations have been restored after an earlier disruption.
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BlackBerry Q4 Profit Hits $24.3M, Revenue Up 10%
BlackBerry announced a fourth-quarter profit of US$24.3 million, with revenue increasing by 10% compared to the same period last year, marking a positive financial turnaround.
Head-On Crash in Clementsport Sends Three to Hospital
Emergency services responded to a serious head-on collision in Clementsport, Nova Scotia, transporting three individuals to hospital with injuries. The incident highlights ongoing road safety concerns in the region.
Ontario Funds $4.8M Auto Parts Expansion in Tecumseh
Aalbers Tool & Mold receives $726,000 provincial grant to support a $4.8 million expansion, adding two industrial machines and six new jobs to boost automotive parts production.
Goldman Sachs Warns of $100+ Brent Oil if Hormuz Strait Closed
Goldman Sachs analysts predict Brent crude could average over $100 per barrel through 2026 if the Strait of Hormuz remains closed for another month, following geopolitical tensions between the U.S. and Iran.
Windsor Gas Prices to Fall 13 Cents on Friday
Windsor drivers can expect relief at the pumps as gas prices are projected to decrease by 13 cents this Friday, according to recent forecasts.
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Shipping ETF Soars 1,300% as Iran War Gauge
A small shipping ETF tracking Middle East crude transport has surged 1,300% in a year, becoming a real-time indicator of Iran conflict volatility as geopolitical tensions disrupt global energy routes.
Highway 2 Semi Crash Cleanup to Continue Into Morning
An overturned semi-truck has forced the closure of northbound Highway 2 near Maskwacis, with cleanup operations expected to persist into the morning, causing significant traffic disruptions.
Toronto Subway Line 2 Service Suspended After Incident
A pedestrian was struck in Toronto's west-end, leading to the suspension of TTC subway service on a stretch of Line 2. Emergency crews rushed the individual to hospital.
Oil Nears $100 as Stocks Fall on U.S.-Iran Ceasefire Uncertainty
Oil prices climb toward $100 per barrel as global markets react to doubts over a U.S.-Iran ceasefire, causing stock declines and economic uncertainty worldwide.
US Economy Slowed to 0.5% Growth in Q4 After Shutdown
The US economy grew at a sluggish 0.5% annual pace in Q4 2025, downgraded from 0.7%, with federal spending falling sharply due to the 43-day government shutdown. Full-year growth slowed to 2.1%.
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BC Residents Fined $3.5M for Pump-and-Dump Stock Fraud
Quebec's financial regulator has imposed $3.5 million in fines on four British Columbians for orchestrating an international pump-and-dump stock fraud scheme involving mining company Solo.
Ontario Gas Prices to Drop After Ceasefire Lowers Oil Costs
Gas prices in Ontario are expected to fall significantly by Friday, with analysts citing a crude oil price drop following a temporary Middle East ceasefire agreement.
U.S. Economy Grew 0.5% in Q4, Estimate Downgraded
The U.S. economy expanded at a modest 0.5% rate in the fourth quarter of 2026, according to government data that revised down previous growth estimates, signaling ongoing economic challenges.
Barrick Plans Asset Shuffle and Unit Spinoff
Barrick Mining Corp. announces strategic shift to reduce high-risk exposure and pursue acquisitions while preparing to spin off North American operations after sixth year of declining production.
Fuel Spill Closes Highway in Nauwigewauk, N.B.
A significant fuel spill has led to the closure of Route 1 in Nauwigewauk, New Brunswick, with police blocking ramps and cleanup efforts underway to address environmental and safety concerns.
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Vancouver Developer Offers Free Weekend Stays to Potential Buyers
Wesgroup's ACE On The Drive project in Vancouver is offering pre-qualified buyers a chance to experience condo living for a weekend before purchasing, complete with local gift certificates.
Renovator Loses Lawsuit After Doubling Home Renovation Estimate
A B.C. Supreme Court judge dismissed a breach-of-contract lawsuit against a Campbell River couple who fired their renovator after the estimated cost doubled from $35,350 to $70,000.
Aritzia Shares Soar on Spring Collection Boost, Peace Hopes
Vancouver-based clothing retailer Aritzia saw its stock jump 9.5% to US$124.99, leading Canadian markets as spring collection sales doubled and optimism about Middle East peace boosted risk sentiment.
Oil Price Surge Adds Pressure to Canadian Farmers' Seeding Season
Geopolitical tensions in the Middle East have driven fuel costs to unprecedented levels, creating significant financial challenges for Canadian farmers as they begin the critical spring seeding season across the country.
Oil Prices Climb with Strait of Hormuz Blocked, Ceasefire at Risk
Oil prices rebounded sharply after their biggest one-day drop since 2020 as the Strait of Hormuz remains largely blocked and Israeli attacks on Lebanon threaten the fragile Middle East ceasefire, causing major market disruption.
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Alberta Considers Tougher Driving Tests for Safety
Alberta Transportation Minister Devin Dreeshen is examining stricter driver licensing standards as police report declining road skills among motorists, with potential changes to both practical and knowledge exams.
Chevron Forecasts $2.2B Upstream Earnings Rise on Q1 Prices
Chevron anticipates a significant boost in upstream earnings, up to US$2.2 billion, driven by elevated first-quarter oil and gas prices, signaling strong performance amid market volatility.
Seven & i Delays North America Business Listing
Japanese retail giant Seven & i Holdings postpones the planned public listing of its North American operations, citing market conditions and strategic review needs.
Shoplifting Surge Hits Canadian Small Businesses: Data
Recent data indicates a significant increase in shoplifting and related crimes affecting small businesses across Canada, prompting discussions on effective response strategies for owners and communities.
Oil Prices Jump Near $100 on U.S.-Iran Ceasefire Doubts
Oil prices have climbed back to nearly US$100 per barrel as market skepticism grows over a fragile ceasefire between the U.S. and Iran, impacting global energy markets.
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Time Favors Canada in CUSMA Talks, Former Negotiator Says
Steve Verheul, former chief trade negotiator, argues Canada should wait for optimal terms in CUSMA review as U.S. economic pressures mount and Iran war disrupts supply chains.
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