CAE Profits Drop as Iran War Reduces Pilot Training Demand
CAE Inc. reports a decline in profits due to reduced demand for pilot training linked to the Iran war, with CEO Matthew Bromberg commenting on the challenges.
Category : Business
Canada's Oil Town, Wedding vs Home, Job Offers, MDA Space, Tax Errors
Top stories: Hardisty's oil impact, Canadians prioritize homes over weddings, total compensation in job offers, MDA Space's defence push, and tax filing tips.
Wet Weather Delays Spring Seeding in Manitoba
Unseasonably wet weather is impacting spring seeding across Manitoba, delaying planting for farmers. Experts warn of potential yield reductions if conditions persist.
Hamilton Bank Robbery Leads to Firearms Seizure, Drug Bust
Hamilton Police seized firearms and drugs after a bank robbery on East Mountain. A separate drug bust near City Hall resulted in multiple charges.
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Alberta's Last Horse Slaughterhouse Closes
Bouvry Export's Fort Macleod plant has permanently closed, leaving only one horse slaughterhouse in Canada, located in Quebec. The closure raises concerns about horse welfare.
Bow Valley College, CalgaryNewsWINS Launch Campus Thrift Store
CalgaryNewsWINS and Bow Valley College collaborate to open a new thrift store on campus, offering affordable items and supporting student initiatives.
Pilot Injured in Float Plane Crash North of Cochrane
A float plane crash on Lillabelle Lake north of Cochrane, Ontario left the pilot with minor injuries. Authorities are investigating the incident.
Two Factors Still Favor Borrowers Amid Oil Inflation Fears
Despite oil driving inflation and bond yields, two factors tilt in borrowers' favor: core inflation dropped near 2%, and fixed rates are only 15-30 bps above pre-war levels.
Terroir Symposium Turns 20: Celebrating Joyous Hospitality
The Terroir Symposium celebrates 20 years with 'The Joy of Food' in Calgary, bringing together chefs, farmers, and food lovers for inspiration and community.
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Truck Drives into Ditch to Avoid Hwy. 69 Crash
Security footage shows a transport truck swerving into a ditch to avoid a collision with a passenger vehicle on Highway 69 near Britt, Ontario, on May 19.
Public grocery stores a financial trainwreck, says analyst
Jay Goldberg argues that government-run grocery stores would fail, citing supply management, interprovincial trade barriers, and the industrial carbon tax as real causes of high food prices.
George Massey Tunnel Closed Overnight This Weekend
The George Massey Tunnel will be closed overnight this weekend for safety testing and maintenance. Drivers are advised to use the Alex Fraser Bridge as a detour.
User Fees More Fair Than Taxes: Cobequid Pass Toll
Steve Murphy argues that user fees like the Cobequid Pass toll are more equitable than taxes, as they charge only those who use the service, reducing burden on non-users.
Peel police charge 65 suspects in major shoplifting operation
Peel Regional Police have laid nearly 550 charges against 65 suspects in a major shoplifting investigation dubbed 'Project Filcher,' targeting organized retail theft.
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Analysts Predict Further Drop in Local Gasoline Prices
Gas price analysts forecast a significant decrease of up to 9 cents per litre in the capital region, bringing prices below $1.85 per litre by Friday.
Siblings Take Over Manitoba Bakery After Parents' Deaths
Three Manitoba siblings are taking over a 97-year-old bakery in their hometown after the sudden deaths of their parents, continuing a family legacy.
US Trade Shock Exposes Canada's Economic Vulnerabilities
Trade tensions with the US reveal structural weaknesses in Canada's economy, from manufacturing to energy. Experts weigh in on the impact and path forward.
Next-Level Food Manufacturing for Whole-Cut Meat Alternatives
Protein Industries Canada announces a project with NS/TX Industries, NPI, and Infusd Nutrition to scale up manufacturing of whole-cut plant-based meat and fish alternatives using Canadian ingredients.
Oil Price Dip Helps US Stocks Recover; Alberta Cabinet Shuffled
Oil prices fell, helping US stocks erase losses. Alberta Premier Smith shuffled cabinet. Other news: SpaceX IPO, weight loss drugs, and more.
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Best Memorial Day 2025 Deals: Top Sales Across Tech, Home, Beauty
Discover the best Memorial Day deals of 2025 across tech, home, beauty, fashion, and travel. Save big on Amazon, Nordstrom, Brooklinen, and more.
Bracebridge Seeks Public Input on Transit Services
The Town of Bracebridge is asking residents to share their thoughts on local transit to help shape future services. A survey is open until June 15.
Atlantic Canadians Would Downsize Weddings for Housing: Survey
A new survey reveals that most Atlantic Canadians would scale back their wedding expenses to save for a house down payment, highlighting housing affordability challenges.
Canada Strong Pass Tourism Discounts Return June
The Canada Strong Pass, offering discounts on tourism and travel, will be relaunched in June, according to a recent announcement. The pass aims to boost domestic travel.
First Woman to Lead Panama Canal in Its History
Ilya Espino de Marotta, a veteran engineer, has been appointed as the first woman to lead the Panama Canal, breaking barriers in a male-dominated field.
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Kanata Resident Wins $100K in New Lotto Max Prize
Maurice B. of Kanata won a $100,000 MaxPlus prize in the April 24 Lotto Max draw, part of new changes introduced in April 2026.
U.S. Stocks Edge Higher as Oil Prices Reverse Course
U.S. stocks recovered from early losses to post small gains after oil prices reversed direction, amid mixed economic signals and geopolitical tensions.
Stellantis $70B Strategy Shift Under Filosa Sparks Market Caution
Stellantis announces a $70 billion strategic overhaul under new leadership, but investors remain cautious amid market uncertainties and operational challenges.
Canada Invests $2.2B in Chalk River Nuclear Labs
The Canadian government commits $2.2 billion to revitalize Chalk River Laboratories, supporting nuclear energy innovation and the new Nuclear Energy Strategy for Canada.
Project Filcher: 545 Charges in Organized Retail Theft
Peel Regional Police announced 545 charges in 'Project Filcher,' targeting organized retail theft rings. The operation highlights links between retail crime and organized networks.
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Nova Scotia Lobster Fishers Get New Bait Rules in LFA 33
Canada's fisheries minister has approved new bait regulations for lobster harvesters in Nova Scotia's Lobster Fishing Area 33, aiming to improve sustainability and reduce costs.
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