Ssense Founders Win Court Approval for $78M Buyout
The founders of luxury retailer Ssense have obtained court approval for their $78 million buyout of the company, overcoming opposition from a group of major lenders seeking liquidation.
Category : Business
Reese's Grandson Accuses Hershey of Secret Ingredient Changes
Brad Reese, grandson of the Reese's Peanut Butter Cup inventor, claims Hershey has quietly replaced milk chocolate and peanut butter with inferior ingredients in some products.
Arbitrator Sides with Air Canada in Flight Attendant Wage Case
An arbitrator has ordered Air Canada to increase wages for 15,000 cabin crew by over 20% over four years, largely aligning with the airline's initial proposal, following a rejected tentative agreement and strike.
Canada's 2025 Trade Deficit Widest on Record Outside Pandemic
Canada's annual trade deficit widened to $31.3 billion in 2025, the largest on record excluding the COVID-19 pandemic, driven by U.S. tariffs that hammered key export sectors and reduced exports to the United States by 5.8%.
Ontario Teachers' Pension Shifts Climate Strategy to Investments
The Ontario Teachers' Pension Plan Board is pivoting its climate strategy, moving from emissions tracking to prioritizing sustainable investments, as announced in its latest financial report.
Risley's Firm Faces $776M Debt, Legal Battles in Ownership Shakeup
CFFI Ventures Inc., led by seafood billionaire John Risley, seeks creditor protection amid $776 million debt and legal claims while planning asset transfer to new entity.
Energy Stocks Lift TSX as Oil Prices Climb Higher
The S&P/TSX composite index rose significantly, driven by a strong performance in energy stocks following an increase in oil prices. This market movement highlights the ongoing influence of commodity markets on Canadian equities.
Canada Housing Market: Sales Drop, Supply Rises in January
A new RBC report reveals Canada's housing market experienced a significant decline in sales and an increase in supply in January, with Calgary and Vancouver among the hardest-hit markets.
7-Eleven Canada's Plan: Egg Sandwiches and Franchising
7-Eleven Canada is expanding with a focus on franchising, a restaurant-style model, and introducing Japanese-inspired egg salad sandwiches to drive growth in the competitive convenience market.
Cenovus Q4 Earnings Beat Expectations on MEG Acquisition
Cenovus Energy Inc. reported a sharp rise in fourth-quarter profit, driven by increased oilsands production from its MEG Energy acquisition, beating analyst forecasts.
Deere Lifts Profit Forecast as Construction, Sales Rebound
John Deere has increased its full-year profit forecast, driven by a strong rebound in construction equipment sales and agricultural demand, leading to a significant surge in its share price.
Nova Bus Wins U.S. Order for 15 Buses from Academy Bus
Nova Bus, a Volvo Group company, has received a firm order for 15 Nova LFS buses from Academy Bus, with deliveries starting in early 2027 for operations in Florida and New Jersey.
Canada-Mexico-U.S. Business: The Winning Trade Formula
Canada's trade strategy must prioritize deeper integration with Mexico alongside U.S. partnerships to build resilient, competitive North American value chains across sectors like automotive and manufacturing.
Canada-U.S. Trade Deficit Narrows, Goods Gap Hits Record
Canada's overall trade deficit with the United States declined in 2025, but the deficit for goods alone reached a record high, highlighting complex economic dynamics.
U.S. Considers 50-Year Mortgages to Improve Housing Affordability
The U.S. administration is exploring 50-year mortgages as a measure to stimulate the housing market and improve affordability for first-time homebuyers, according to a TD Economics report.
Court to Decide if Bankers Can Be Fired for Demanding Sleep
A federal jury in New York will determine whether Centerview Partners wrongfully terminated a junior analyst who required guaranteed sleep hours due to a diagnosed condition, testing workplace disability accommodations.
WinnipegVale Consortium to Invest in Thompson Mine Complex
A new consortium led by WinnipegVale is set to invest in the Thompson Mine Complex, signaling a major boost for the mining industry and regional economic development in Canada.
Fatal Crash on Perth Line 72 Claims One Life in Perth County
A tragic two-vehicle collision on Perth Line 72 between Road 147 and Road 136 has resulted in one fatality, with emergency services responding to the scene.
Walmart's Keurig K-Duo Discount Beats Amazon by 30%
Discover Walmart's secret sale on the Keurig K-Duo Essentials coffee maker, featuring a 30% price advantage over Amazon and Keurig's official site. This versatile machine brews both single-serve pods and full carafes.
7-Eleven Canada's Growth Plan: Franchising, Restaurants, Egg Sandwiches
7-Eleven Canada is pursuing aggressive growth by expanding its franchising network, introducing a restaurant-style model, and focusing on popular food items like egg sandwiches to boost sales and market presence.
Sarjeant Co. Unveils Indigenous-Designed Propane Truck
The Sarjeant Propane Co Ltd. collaborates with First Nation artists and youth to bring Indigenous artwork to its fleet, showcasing a bold propane tank truck design.
2025 Tax Filing Changes for Canadians: Essential Updates
Jamie Golombek of CIBC outlines important tax return modifications for 2025, including new deductions and CRA assistance programs, with the filing deadline set for April 30.
B.C. Property Tax Deferment Program Overhaul Sparks Debate
British Columbia's property tax deferment program has been revamped in the provincial budget, increasing interest rates and shifting to compound interest. Critics call it a 'loan shark' move, while supporters argue it's necessary to curb misuse by wealthy
B.C. Mining Industry Faces Critical Worker Shortage
British Columbia's mining sector is experiencing unprecedented growth but faces a severe labor shortage, with projections indicating a need for up to 35,000 new workers over the next decade.
Canada's Trade Deficit Narrows, U.S. Export Share Shrinks
Canada's trade deficit narrowed in December 2025, while the share of exports to the United States continued to shrink, highlighting shifting global trade dynamics.
Gold Recaptures $5,000 Amid Focus on Interest Rates
Gold prices climbed to around $5,000 per ounce, with a 0.9% gain on Thursday, as traders monitor U.S. Federal Reserve policy and geopolitical tensions in the Middle East.
Chatham House Fire Causes $200,000 in Damage
A significant house fire in Chatham on February 17, 2026, resulted in an estimated $200,000 in property damage, with local fire services responding to the incident.
GoldHaven Secures $2M for Magno Critical Minerals
GoldHaven Resources announces a $2 million flow-through financing to advance exploration at its district-scale Magno polymetallic project in British Columbia, targeting critical minerals like indium and tungsten.
MTY Food Group Turns Q4 Loss Into Profit
MTY Food Group Inc. reported a profitable fourth quarter, marking a significant turnaround from a loss in the same period last year, driven by strong performance across its restaurant brands.
London Bus Cancellations Amid Freezing Rain and Drizzle
London experiences significant bus cancellations due to freezing drizzle and rain, impacting public transportation. The adverse weather conditions have disrupted services, highlighting challenges in urban transit during winter months.
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