B.C. Budget Cuts 15,000 Public Sector Jobs in 3 Years
The British Columbia government's latest budget reveals plans to eliminate 15,000 public sector positions over three years while pausing capital projects to address a record $13-billion deficit.
Category : Business
B.C. Budget Responds to U.S. Tariffs with Economic Plans
The B.C. budget outlines proactive strategies to mitigate impacts of U.S. tariffs, focusing on trade diversification and sector support to bolster provincial resilience.
B.C. Budget Pauses Projects Amid $13B Deficit
British Columbia's government announces a re-pacing of its capital plan, delaying projects like Burnaby Hospital, as the budget reveals a record $13-billion deficit and tax hikes.
Feds Invest $5.8M to Bolster Southern Alberta Businesses
The Canadian government announces $5.8 million in funding through the Regional Tariff Response Initiative to support five projects in southern Alberta, focusing on export readiness and trade resilience.
Bank of Canada Halts XTM's Payment Activities
The Bank of Canada has mandated restaurant tip management firm XTM to immediately stop all payment processing, citing significant regulatory compliance failures and potential risks to the financial system.
Bayer's $7.25B Roundup Settlement Proposal
Bayer has agreed to a $7.25 billion proposed settlement to resolve thousands of lawsuits linking its Roundup weed killer to cancer, marking a major step in the long-running legal battle.
Crashes Cause Major Issues on Alberta's QEII Highway Near Didsbury
A series of collisions on Alberta's Queen Elizabeth II Highway near Didsbury has led to significant traffic disruptions and emergency response efforts.
Union: Return-to-Office Mandate Will Disproportionately Affect Women
A federal union warns that the government's 4-day office mandate will disproportionately impact women, citing childcare challenges and work-life balance concerns.
Warner Bros. Reopens Paramount Takeover Talks After Netflix Waiver
Warner Bros. has restarted discussions to acquire Paramount after securing a waiver from Netflix, marking a significant move in the entertainment industry's consolidation efforts.
Sheertex Owner Bought by Quebec Hosiery Firm A.Y.K.
SRTX Inc., the Canadian maker of durable Sheertex pantyhose, has been purchased by A.Y.K. International, a Montreal-based hosiery company, following financial struggles and a strategic review.
Alberta Securities Commission Warns of Suspected Investment Fraud
The Alberta Securities Commission has issued a public warning regarding a suspected investment scheme, urging investors to exercise extreme caution and verify all opportunities.
Federal Aid Helps Alberta Small Businesses Tackle U.S. Tariffs
Millions in federal funding announced for resilient Alberta small businesses facing U.S. tariffs, with Minister Olszewski emphasizing adaptation in a changed global economy.
NSGEU Warns Office Mandate Will Worsen Halifax Traffic
The Nova Scotia Government and General Employees Union expresses apprehension that a provincial back-to-office directive could exacerbate traffic congestion in Halifax, raising urban mobility concerns.
Amazon Violated Labor Code with Selective B.C. Pay Raise
The B.C. Labor Relations Board ruled Amazon violated the labor code by excluding unionized workers from a pay increase, awarding retroactive wages to affected employees in Delta.
$102.7M Worker Grant and New Workforce Alliances in Windsor
The federal government has unveiled a $102.7 million worker retention grant and launched new Workforce Alliances in Windsor, Ontario, aimed at bolstering local employment and economic stability.
Pedestrian Killed After Being Struck by Driver in Hamilton
A pedestrian has died after being struck by a driver in Hamilton, as confirmed by local authorities. The incident underscores ongoing road safety concerns in the area.
Ontario Fast-Tracks Great Bear Gold Mine with New Permitting System
Ontario's government accelerates the Kinross Gold Great Bear Project, a $5 billion gold mine in Red Lake, using the 'One Project, One Process' framework to cut permit times by 50% and boost economic growth.
Fairfax Funds $1.65B Deal to Take U.S. Property Firm Private
Fairfax Financial Holdings is financing a major $1.65 billion transaction to acquire and privatize a U.S. property company, marking a significant investment move.
Alberta Highway Impassable from Snow, Ice, Stalled Vehicles
Severe winter conditions including heavy snowfall, ice accumulation, and numerous stalled vehicles have rendered a major eastern Alberta highway completely impassable, creating hazardous travel conditions.
Sheertex Acquisition by Quebec Rival Awaits Court OK
Montreal-based hosiery manufacturer Sheertex is set to be sold to a rival Quebec firm, pending judicial approval. The deal marks a significant shift in the Canadian apparel industry.
Fatal Head-On Crash in Burnaby Leaves One Dead, Others Hurt
A devastating head-on collision in Burnaby, B.C., has resulted in one fatality and multiple injuries, with emergency crews responding to the scene on February 16, 2026.
Ridgetown Fire Causes $500,000 in Home Damages
A significant residential fire in Ridgetown has resulted in an estimated $500,000 in property damages, with local fire services responding to the emergency incident.
Food Inflation Spikes 7.3% in January
Canada's food inflation jumped to 7.3% in January, significantly higher than the overall inflation rate of 2.3%. Experts analyze the key factors driving this persistent increase in grocery prices.
Innergex CEO Michel Letellier Steps Down, Jean Trudel Named Successor
Michel Letellier, CEO of renewable energy producer Innergex, will step down on March 13, 2026. Jean Trudel has been appointed as his successor, while Investissement Québec invests $500 million in the company.
Windsor Assembly Plant Relaunches Third Shift, Creating Jobs
The Windsor Assembly Plant has successfully relaunched its third shift, marking a significant boost for local employment and automotive manufacturing in Ontario. This expansion reflects growing production demands and economic recovery in the region.
Red Deer Bridge Work to Affect Traffic for 9 Months
Major infrastructure project in downtown Red Deer will cause significant traffic disruptions for the next nine months, impacting commuters and local businesses.
Gold Drops 2% on U.S.-Iran Talks and Dollar Strength
Gold prices fell sharply as diplomatic progress between the U.S. and Iran reduced safe-haven demand, while a firmer U.S. dollar added pressure on the precious metal.
Brewery Unions Urge PM Carney to Cancel Beer Tax Hike
Thirteen unions representing brewery workers have written an open letter to Prime Minister Mark Carney, calling for the cancellation of the federal alcohol escalator tax increase set for April 1, 2026.
Edmonton Parking Ban Begins Wednesday Morning
A comprehensive parking prohibition takes effect across Edmonton on Wednesday morning to facilitate snow removal operations following recent winter weather conditions.
Bayer's $10.25B Roundup Cancer Settlement Plan
Bayer AG has put forward a comprehensive $10.25 billion proposal to resolve all pending cancer-related lawsuits over its Roundup weed killer, aiming to end years of legal battles.
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