RBC Eyes China, Middle East for Diversification
Royal Bank of Canada CEO David McKay reveals plans to diversify into China and the Middle East while maintaining U.S. focus, citing geopolitical changes and trade opportunities.
Category : Business
Stocks Steady After Trump Greenland Remarks
Wall Street shows signs of recovery following a sharp sell-off triggered by President Trump's Greenland remarks, with key indexes edging higher amid lingering market uncertainty.
Ontario Couple Loses $140K to Investment Scam
A Guelph, Ontario couple has been defrauded of $140,000 in a complex investment scam, highlighting the growing sophistication of financial fraud targeting Canadians.
Kraft Heinz Falls on Berkshire Stake Sale News
Kraft Heinz shares declined sharply after Berkshire Hathaway indicated potential sale of its 28% stake, adding pressure as the food giant prepares to split into two companies.
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Highway 402 Closed After Crashes, More Snow Coming
Highway 402 near London, Ontario is closed due to multiple collisions as another round of snowfall is forecasted for Wednesday morning, creating hazardous driving conditions.
Air Canada Announces Sapporo Winter Flights from Vancouver
Air Canada unveils exclusive non-stop winter service from Vancouver to Sapporo starting December 2026, connecting North America to Japan's premier winter destination.
Charles Schwab Profit Rises on Interest, Trading Revenue
Charles Schwab reports increased fourth-quarter profit, driven by higher interest income and robust trading revenue during market volatility, highlighting the brokerage's financial resilience.
Trump: Canada 'Lives Because of the U.S.' at Davos
Former U.S. President Donald Trump criticized Canada and Mark Carney at the World Economic Forum, asserting Canada benefits from American support without proper gratitude.
Venezuela Oil Threatens Alberta Budget as Crude Prices Fall
Alberta faces its worst fiscal challenge since the pandemic as Venezuelan oil releases depress heavy crude prices, potentially widening the provincial deficit to $11.6 billion.
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PATTISON and Toronto Pearson Partner for Airport Media Innovation
PATTISON Outdoor Advertising announces a landmark 10-year exclusive partnership with Toronto Pearson Airport to revolutionize passenger experiences through advanced media technology and data analytics.
Dimon Warns Credit Card Rate Cap Could Cause Economic Disaster
JPMorgan Chase CEO Jamie Dimon cautions that implementing a cap on credit card interest rates could lead to severe economic consequences, impacting lending and consumer access.
Venezuela Oil Shock Worsens Alberta Budget Deficit
Alberta faces its most severe fiscal challenge since the pandemic as Venezuelan oil releases threaten to depress heavy crude prices, potentially widening the provincial deficit to $11.6 billion.
Highway 402 Crash Closure, More Snow Coming to London
A serious crash has forced the closure of Highway 402 near London, Ontario, as meteorologists warn of another round of snowfall expected to hit the region on Wednesday morning, potentially impacting travel.
Lagarde Leaves Davos Dinner Over US Criticism of Europe
European Central Bank President Christine Lagarde abruptly exited a VIP dinner in Davos after US Commerce Secretary Howard Lutnick delivered remarks disparaging European economies.
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Opus One Gold Resumes Drilling at Noyell Project in Quebec
Opus One Gold Corp announces the resumption of drilling operations at its 100% owned Noyell gold project in Quebec's Abitibi mining district, with plans for 26 holes totaling 14,000 meters.
Cenovus Considers Selling C$3B in Alberta Assets
Cenovus Energy is reportedly exploring the sale of conventional oil and gas holdings in Alberta, valued at approximately C$3 billion, as part of a strategic portfolio review.
Ottawa Woman Hospitalized After Head-On Crash in West End
A woman was transported to hospital with injuries after a severe head-on collision occurred in west Ottawa. Emergency services responded to the scene as authorities investigate the circumstances of the crash.
Ryanair CEO O'Leary Dismisses Elon Musk Takeover Threat
Ryanair CEO Michael O'Leary has publicly dismissed recent speculation about a potential takeover bid by Elon Musk, calling the rumors unfounded and highlighting the airline's strong independent position.
Trump, Carney Speeches at Davos Summit Garner Attention
U.S. President Donald Trump delivered a special address at the World Economic Forum in Davos, while former Bank of Canada governor Mark Carney's speech was hailed as exceptional, highlighting key global economic discussions.
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Genetec Named Top Employer for Young People 3rd Year
Montreal-based Genetec has been recognized as one of Canada's Top Employers for Young People for the third consecutive year, highlighting their commitment to mentorship and career development programs.
Senior Warns of $34K Roofing Scam in Ontario
An Ontario senior shares her distressing experience with door-to-door roofers who nearly defrauded her of $34,000, highlighting a winter scam targeting vulnerable homeowners.
Condo Buyers: Are You Liable for Seller's Strata Debts?
A recent inquiry highlights a common strata property dilemma: new owners receiving collection notices for pre-purchase damages. Experts clarify legal obligations under BC's Strata Property Act.
Government Business Support Programs Miss the Mark: CFIB
A new CFIB survey reveals over 80% of small businesses are unaware of key federal support programs amid ongoing trade uncertainty with the U.S., highlighting communication and design flaws.
GFL Environmental Moves HQ from Ontario to Miami Beach
GFL Environmental, a major Canadian waste management firm, has shifted its executive headquarters from Ontario to Miami Beach, Florida, marking a significant corporate relocation.
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Income Needed to Buy a Home in Montreal by 2026
A detailed analysis reveals the projected annual income required for prospective homebuyers to afford a property in Montreal by 2026, based on current market trends and economic forecasts.
Ottawa's Worst Traffic Days: Tuesdays and Wednesdays
New data from TomTom identifies Tuesdays and Wednesdays as peak congestion days in Ottawa, with Highway 417 eastbound experiencing significant delays during winter conditions.
Ambiq Announces Public Offering of Common Stock
Ambiq Micro, a leader in ultra-low-power semiconductor solutions for edge AI, has commenced a public offering of 2.2 million shares of common stock to fuel growth and innovation in the competitive tech sector.
Why Business Websites Matter in Digital Canada
Statistics Canada data reveals 78% of businesses maintain websites, yet digital gaps persist. A reliable web presence is now a competitive necessity for Canadian enterprises.
TD Hires Bankers from JPMorgan, Goldman to Expand Teams
Toronto-Dominion Bank is expanding its debt and equity capital market divisions by recruiting experienced bankers from major rivals, including JPMorgan and Goldman Sachs, in a strategic talent acquisition move.
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Barrie: When to Clear Snow from Roof to Prevent Damage
Barrie residents face critical decisions about snow removal from roofs this winter. Experts explain timing, risks of overloading, and how to prevent structural failures during heavy snowfall periods.
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