BC Ferries Vessels Out of Service for Easter Weekend
Two BC Ferries vessels are out of service ahead of the Easter weekend, leading to revised sailing schedules between the Lower Mainland and Vancouver Island.
Category : Business
Ottawa-Alberta Energy MOU Deadline Passes: Key Analysis
The April 1 deadline for the Ottawa-Alberta energy memorandum of understanding has passed. This report examines progress on impact assessments, methane regulations, carbon pricing, and the Pathways carbon capture project, and their implications for future
Russia Sending Second Oil Tanker to Cuba
Russia's energy minister announces plans to send a second oil tanker to Cuba, following the recent arrival of the Anatoly Kolodkin in Matanzas. This move underscores ongoing energy cooperation between the two nations amid global geopolitical tensions.
Trump Tariffs Drive 100% Vodka Sales Surge for Canadian Distillers
Canadian distilleries are experiencing a major boom, with one reporting a 100% increase in vodka sales, as ongoing U.S. alcohol import restrictions fuel demand for locally made spirits.
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Why Taxpayers Should Fear the 'Buy Canadian' Policy
Economic analysis reveals that 'Buy Canadian' procurement policies could inflate costs by billions, burdening taxpayers and stifling competition, with data showing steep price hikes per job created.
Senior Man Seriously Injured in Brampton Collision
A man in his 60s was transported to hospital with serious injuries after a collision in Brampton, Peel Regional Police are investigating the incident.
Toronto Government Grocery Stores Defy Economic Principles
Toronto City Council's proposal to open government-run grocery stores faces criticism from economists who argue it will shift costs to taxpayers rather than solve food inflation issues.
Diesel Price Surge: Greater Economic Threat Than Gas Pain
While consumers feel pain at gasoline pumps, surging diesel prices threaten broader economic damage across freight, agriculture and construction sectors, with prices up 45% since Middle East conflict began.
Highway 9 Closed After Truck Rollover and Diesel Spill in Palgrave
A transport truck rollover on Highway 9 in Palgrave caused a small diesel spill, leading to a full highway closure as emergency crews respond to the incident.
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Union Files Grievance Over Federal Early Retirement Offers
A major federal union has filed a formal grievance challenging the government's early retirement incentive program, citing concerns over fairness and transparency in the process.
Private Markets: No Easy Alternative to Stock Turmoil
As stock markets experience significant turbulence, investors are cautioned that private markets present their own complex challenges and are not a straightforward safe haven.
Deloitte: Canadian Housing Market Soft Through 2026
Deloitte Canada's chief economist Dawn Desjardins predicts a sluggish housing market for most of 2026, citing economic factors in an interview with the Financial Post.
Canadian Distilleries Grow Amid U.S. Alcohol Import Bans
Canadian distilleries are experiencing significant growth as ongoing restrictions on American alcohol imports drive increased demand for locally produced spirits, providing a major boost to the industry.
TTC Line 1 Subway Closed for Easter Weekend in Toronto
A significant stretch of Toronto's TTC Line 1 subway will be shut down over the Easter weekend for essential maintenance and infrastructure upgrades, impacting commuters.
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Stocks Drop, Oil Rises Amid Trump's Iran Conflict Vows
Global stock markets tumbled and oil prices surged after President Trump pledged ongoing U.S. attacks on Iran, fueling uncertainty in the Middle East conflict.
Calgary Crash Topples Light Pole Near Highway Ramp
A vehicle collision knocked down a light pole on a ramp connecting 16 Avenue and Stoney Trail N.W. in Calgary, requiring emergency cleanup by city crews on April 2, 2026.
Aberfoyle Mill Shuts Down After 35 Years in Business
The Aberfoyle Mill in Puslinch, Ontario, has permanently closed its doors after operating for 35 years, marking the end of an era for the local community and patrons.
Ontario HST Cuts Offer Historic Homebuying Opportunity
Ontario and Canada have introduced temporary HST reductions on new homes, saving buyers up to $130,000 and making now the best time to purchase in years.
Canada's Trade Deficit Widens to $5.7 Billion on Gold Imports
Canada's trade deficit expanded to $5.7 billion in February, the largest since August, driven by record imports fueled by surging gold purchases from the United States.
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Canadian Housing Sales Decline Nationally, Alberta Bucks Trend
Canada's housing market shows no signs of recovery momentum as national sales decline for fourth consecutive month, with Alberta being a notable exception showing growth.
Hershey Returns to Classic Recipe After Reese's Criticism
Hershey announces return to classic milk and dark chocolate recipes for Reese's products by 2027 after grandson of inventor publicly criticized formula changes.
Canada's Trade Deficit Widens to $5.7 Billion
Canada's trade deficit expanded to $5.7 billion in February, the largest since August, driven by record imports fueled by gold purchases. Imports from the U.S. surged 13.6%.
OREA Commends Ontario Housing Supply Legislation
The Ontario Real Estate Association endorses the Building Homes and Improving Transportation Infrastructure Act, highlighting measures to reduce development charges and boost housing construction across the province.
TSX Drops 300 Points, Oil Tops $110 After Trump Speech
Canada's main stock index fell sharply, with the S&P/TSX composite down nearly 300 points, while oil prices exceeded US$110 per barrel following a speech by former U.S. President Donald Trump.
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Two Walmart Stores in Montreal Set to Close
Two Walmart locations in Montreal are scheduled to close, impacting the city's retail sector and raising questions about future commercial developments.
Ontario and Feds Revise Housing Strategy Amid Shortfall
Premier Doug Ford and Prime Minister Mark Carney are extending HST rebates to all homebuyers and addressing development charges to boost housing activity, as previous policies fell short of targets.
Doug Ford's Budget Fuels 44% Debt Rise Since 2018
Ontario Premier Doug Ford's 2026 budget reveals a 44% surge in provincial debt since 2018, with $25.8 billion in new borrowing, raising questions about fiscal promises and corporate welfare.
Ford's Budget Replicates Wynne's Spending, Ontario Debt Soars 44%
Ontario Premier Doug Ford's 2026 budget borrows $25.8 billion, increasing provincial debt by 44% since 2018, with critics highlighting corporate welfare and rising interest costs.
Hitachi Rail Acquires Clever Devices for Digital Mobility Growth
Hitachi Rail announces definitive agreement to acquire Clever Devices, a leading intelligent transportation technology provider, as part of its strategy to become a global digital mobility player.
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Festival Condos Vaughan Defies Market, Nears Completion
Despite a cooling real estate market, Festival Condos in Vaughan is nearing completion with over 70,000 sq. ft. of amenities. The development offers compact units starting at 300 sq. ft., targeting students and investors.
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