U.S. shale drillers are expected to ramp up crude output following a 68% price surge triggered by Middle East tensions, with analysts citing profitability thresholds and market incentives.
The Greater Toronto Area housing market experienced a notable increase in home sales during the spring season, while the average selling price saw a decline compared to the previous year, as reported by the Toronto Regional Real Estate Board.
The New Brunswick Chamber of Commerce argues that a future toll planned for the Nova Scotia boundary undermines internal trade efforts and economic cooperation in the region.
A single-vehicle crash occurred on Highway 401 in Ontario, with authorities confirming no injuries. The incident highlights ongoing traffic safety concerns on this major roadway.
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Canadian travelers face difficult booking decisions as airlines implement fuel surcharges due to global oil market volatility. Experts advise booking flights now before summer demand pushes prices even higher.
Yahoo Inc., owned by Apollo Global Management, has started discussions with lenders to refinance approximately $1.6 billion in leveraged loans maturing in 2027, with RBC leading investor meetings.
Canadian pension plans have reached a median solvency ratio of 123%, allowing employers to pause contributions, but experts warn this may not last due to market volatility.
SpaceX and investment bankers are preparing to test a $2 trillion valuation for the company's historic IPO, with Elon Musk's ability to sell ambitious visions being central to the pitch despite fundamental challenges.
The escalating conflict in Iran is impacting global aviation, leading to higher fuel costs and operational challenges for airlines serving Calgary, with passengers facing increased ticket prices.
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PepsiCo faced massive revenue losses after keeping snack prices high despite retailer pressure. Doritos prices jumped nearly 50% since 2021, leading to two consecutive years of billion-dollar revenue misses before price cuts.
Oil prices hit a four-year high and U.S. stocks fell as President Trump's deadline for Iran to reopen the Strait of Hormuz neared, with threats of airstrikes escalating tensions.
A new pilot initiative in Moncton aims to provide assistance to local businesses affected by crime, addressing economic challenges and fostering community resilience through targeted support measures.
Enhancing your home's exterior doesn't require a full overhaul. Experts recommend starting with the front door for impactful color and planning upgrades in manageable phases for long-term durability and cohesive design.
A hydraulic oil spill at Old Mill station has caused a major service disruption on TTC Line 2, with no service between Jane and Islington stations. Shuttle buses are running as crews work to clean up and inspect the area.
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Local builders and politicians in Windsor welcome a major federal-provincial housing initiative that aims to slash development charges and boost affordability through an $8.8 billion fund.
U.S. stock markets decline and oil prices spike again as former President Trump's deadline for Iran to reopen a key oil route nears, heightening geopolitical tensions and economic uncertainty.
A tragic collision on Highway 69 near Britt has resulted in two fatalities, prompting road closures and an ongoing investigation by authorities in Northern Ontario.
A tragic collision on Highway 69 near Parry Sound has resulted in two fatalities, prompting road closures and an ongoing investigation by authorities.
A new 40-storey residential tower has been proposed for the corner of Parkdale and Burnside Avenues in Ottawa, near Tunney's Pasture. The development, revealed in planning documents, would significantly alter the area's skyline.
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CIBC strategists argue fixed-income markets are overestimating the impact of potential Fed balance sheet changes, with reduction unlikely until next year and limited in scope.
A single-vehicle crash on Highway 401 has resulted in unknown injuries, with emergency services responding to the scene. Details remain limited as authorities investigate the incident.
Provincial data shows Alberta's soil moisture levels vary dramatically from north to south, with drought in the south and wetter conditions in the Peace region impacting agriculture and wildfire risks.
A year after President Trump's sweeping tariffs, analysis shows they've failed to reduce trade deficits or boost manufacturing, while costing billions and straining U.S. finances.
Ehsan and Fereshteh Miankhel have opened Aryana Afghan Bakery and Store in College Park, offering daily-baked naan bread and groceries from Afghanistan and Iran, ending long trips to Calgary for the local community.
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Billionaire investor Bill Ackman has pitched a €56 billion acquisition deal for Universal Music Group, offering a 78% premium to boost the company's languishing share price through a U.S. listing.
Bill Ackman's Pershing Square Capital Management has put forward a monumental $64 billion merger proposal to acquire Universal Music Group, signaling a major strategic move in the investment and entertainment sectors.
Pembina Pipeline Corporation has announced a strategic goal to achieve 5% to 7% annual growth in fee-based core profits through the year 2030, focusing on stable revenue streams.
Ottawa drivers face a potential spike in fuel costs, with gas prices predicted to reach $2 per litre next week. This increase follows recent prices of 184.9 cents per litre and could impact household budgets.
A serious crash has forced the closure of Highway 69 between Cranberry and Britt in Northern Ontario, impacting travel and emergency response in the region.
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Goldman Sachs analysts suggest that current depressed valuations in the technology sector could provide a strategic buying opportunity for investors looking to enter the market.
