Attacks Target Iran's South Pars Gas Field Facilities
Iranian media reports that facilities at the massive South Pars natural gas field have been attacked. The field is a critical energy asset for Iran, located on the Persian Gulf coast.
Category : Business
OPEC+ to Boost Oil Output After Strait of Hormuz Reopens
The OPEC+ alliance has decided to raise oil production levels as soon as the critical Strait of Hormuz shipping lane reopens, aiming to stabilize global energy markets amid ongoing geopolitical tensions.
Dimon: Iran War May Drive Inflation and Interest Rates Higher
JPMorgan Chase CEO Jamie Dimon cautions that escalating tensions with Iran could trigger a surge in inflation and force central banks to raise interest rates, impacting global economic stability.
Edmonton Office Market Stabilizes, Industrial Space Tightens
Edmonton's office vacancy rate held steady at 19.1% in Q1 2026, with signs of momentum in the downtown core. Meanwhile, industrial real estate faces shrinking vacancies below 3%, creating a landlord's market.
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Hidden Productivity Gap in Meetings: AI Solutions Revealed
A Canadian study reveals employees waste significant time in unproductive meetings. MeetScribe Pro, an AI meeting assistant, automates notes and follow-ups to boost efficiency in hybrid work environments.
U.S. Demand for Skilled Sewers Soars Amid Retirements
A growing shortage of skilled sewers in the U.S. is emerging as experienced tailors and dressmakers retire, creating new opportunities in the trade.
Investing's True Risk: Permanent Damage, Not Volatility
Financial expert Martin Pelletier draws parallels between extreme skiing and investing, warning that the real danger isn't short-term market swings but decisions that cause irreversible portfolio damage.
Chip Wilson's Proxy War with Lululemon Over Strategy
Lululemon founder Chip Wilson, the largest non-institutional shareholder, publicly criticizes the company's direction and launches a proxy battle to reshape its board amid declining sales and stock performance.
Asian Shares Gain as European Markets Closed for Holiday
Asian stock markets mostly advanced on Monday, April 6, 2026, while European trading was suspended for a holiday. The gains reflect ongoing global economic dynamics, with traders monitoring currency fluctuations and regional performance.
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Toys 'R' Us Canada Defends Trademarks in Legal Fights
Toys 'R' Us Canada is actively engaged in multiple legal disputes to protect its iconic trademarks, as the company navigates post-bankruptcy brand management in a competitive retail landscape.
Runway Safety Incidents Rise in Canada, Severe Near-Misses Level Off
Safety incidents on Canadian runways are climbing to new highs, though extremely close calls show signs of stabilizing, highlighting ongoing aviation safety challenges.
Are You Overpaying Taxes? Expert Christopher Liew Weighs In
Financial columnist Christopher Liew explores common tax pitfalls and strategies to ensure Canadians aren't paying more than necessary to the CRA.
B.C. Ferries Cancellations Due to Multiple Vessel Breakdowns
Three B.C. Ferries vessels experienced mechanical failures during the busy Easter long weekend, causing significant travel disruptions on multiple routes across British Columbia.
Iran War Fuel Costs Could Hike Airfares, Cut Flights: Expert
A travel expert warns that rising global jet fuel costs due to the Iran conflict could lead to higher airfares and reduced flight availability for Canadian travelers, citing limited spare capacity in the aviation industry.
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WestJet Adds $60 Surcharge, Consolidates Flights Over Fuel Costs
WestJet is introducing a temporary $60 surcharge on companion voucher bookings and consolidating flights due to soaring fuel prices, reducing flights by 1% in April and 3% in May.
Gasoline Tanker Erupts in Flames After Hitting Power Lines in Texas
A gasoline tanker truck caught fire after colliding with overhead power lines in Texas, causing a dramatic blaze. Emergency responders worked to contain the incident, which highlights ongoing transportation safety concerns.
B.C. Tribunal Rules Trees Not a 'Continuous Nuisance'
A British Columbia couple's claim that their neighbors' Douglas fir trees constitute a 'continuous nuisance' has been dismissed by a tribunal, highlighting property rights and local disputes.
Seacliff Drive Lane Restrictions Planned in Windsor
The City of Windsor announces lane restrictions on Seacliff Drive for essential infrastructure maintenance, impacting local traffic flow and commuter routes.
Ottawa Plans Construction on Two Interprovincial Bridges
The City of Ottawa has unveiled significant construction projects for two key interprovincial bridges, aiming to enhance infrastructure and connectivity between Ontario and Quebec.
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Nipissing Families Get Bus Strike Subsidy Amid Transit Disruption
The Ontario government announces a subsidy for families in Nipissing affected by the Alouette Bus Lines strike, providing financial relief as United Steel Workers Local 2020 continues its labor action.
Pub to Open in Historic Home as Developer Waits for Towers
A historic home in London will temporarily become a pub while a developer awaits approval to build twin 15-storey apartment towers on the site, blending heritage preservation with urban development.
Weekly News: Antiques Mall, WRDSB Probe, Truck Theft Charges
This week's top stories include the opening of St. Jacobs Antiques Mall, a costly investigation into WRDSB, and charges in tractor trailer thefts, plus national and international highlights.
Global Jet Fuel Shortage Impacts on Canada
A global jet fuel supply crunch, exacerbated by the Iran war and Strait of Hormuz closure, threatens to disrupt Canadian air travel, raise costs, and strain economic sectors reliant on aviation.
BC Ferries Cancels Sailings on Horseshoe Bay-Langdale Route
BC Ferries has canceled multiple sailings on the Horseshoe Bay to Langdale route due to a mechanical issue with the vessel Queen of Surrey, impacting travel plans for passengers.
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No Injuries After Truck Crosses Median on Highway 403
A transport truck crossed the median on Highway 403 in Kitchener, but no injuries were reported. Police are investigating the cause of the incident.
Canada's Aviation Faces Global Jet Fuel Supply Crunch
A worldwide jet fuel shortage is impacting Canada's airlines and travel industry, raising concerns over flight costs, operational challenges, and broader economic effects as supply constraints tighten.
Highway 403 Crash: Transport Truck Crosses into Oncoming Traffic
A serious collision occurred on Highway 403 when a transport truck crossed into oncoming traffic, leading to road closures and an ongoing investigation by Ontario Provincial Police.
Canada's Natural Gas Strategy Key to Global Energy Security
At CERAWeek, experts emphasized Canada's need for a clear natural gas strategy to meet rising global demand, enhance energy security, and support economic growth through reliable infrastructure.
Cocoa Prices Fall, Yet Easter Chocolate Stays Expensive
Cocoa prices have dropped from recent highs, but the relief comes too late to lower costs for Easter chocolate products this year, as manufacturers locked in prices earlier.
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Beverly Bridge Construction in Edmonton to Resume This Week
Construction on the Beverly Bridge in Edmonton is set to restart this week, following a temporary pause. The project aims to enhance infrastructure and improve traffic flow in the area.
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