GO Train Service Disruption in Toronto Until Weekend
GO Transit advises commuters that regular train service in the Toronto area is not expected to resume until the weekend, with limited schedules in effect for Friday.
Category : Business
Saputo Reports $220M Q3 Profit, Reversing Loss
Canadian dairy giant Saputo Inc. has announced a significant financial turnaround, reporting a $220 million profit for its third quarter, a stark reversal from the $518 million loss recorded in the same period last year.
Sunterra Guilty of Massive Cheque Kiting, Must Pay $35M
An Alberta judge has ruled Sunterra Farms Ltd. liable for $35 million in losses to U.S. lender Compeer Financial after finding the company engaged in cheque kiting on an astonishing scale.
DPM Metals Extends Chelopech Mine Life to 10 Years
DPM Metals Inc. announces a significant extension of its Chelopech mine life in Bulgaria to ten years, with updated mineral reserves showing substantial increases in gold and copper content.
Ottawa May Ban Winter Parking on Narrow Grove Avenue
Ottawa officials are exploring a winter parking ban on Grove Avenue in Old Ottawa South to address safety concerns as buses struggle to navigate the narrowed roadway during snowy conditions.
OpenText Q2 Profit Drops 27% to US$168M
Canadian software giant OpenText reports a significant year-over-year decline in second-quarter profit, highlighting ongoing pressures in the technology sector.
Manitoba Hydro Lawsuit Dismissal Sought by Governments
Winnipeg governments and Manitoba Hydro file motion to dismiss lawsuit alleging environmental damage from Lake Winnipeg Regulation hydroelectric project.
Winnipeg Real Estate: Prices Rise, Sales Drop in 2026
New data reveals Winnipeg's real estate market is experiencing a notable shift, with property prices increasing while sales volume declines at the start of 2026, indicating changing market dynamics.
Hwy 401 Westbound Lanes Closed After Collision
Emergency crews are responding to a collision that has closed the westbound collector lanes of Highway 401 at Winston Churchill Boulevard in Toronto.
Montreal Bus Route Changes Raise West Island Concerns
A proposed redesign of the 211 STM bus line in Montreal's West Island is generating significant apprehension among local residents regarding service accessibility and convenience.
N.B. Forest Commission Urges Lumber Industry Stability
The New Brunswick Forest Products Commission emphasizes that greater stability in the lumber sector is crucial to withstand economic pressures, as highlighted by executive director Tim Fox.
Variable Mortgage Rates to Stay Put, Capping Savings Potential
Bank of Canada Governor Tiff Macklem's recent comments suggest variable mortgage rates may not see significant cuts soon, limiting potential interest savings for homebuyers in Canada's housing market.
Sask. Town Demands Rail Crossing Safety Changes After Fatalities
Churchbridge, Saskatchewan residents are urgently calling for safety improvements at the Lovel Street rail crossing, which has a documented history of fatal accidents and poses ongoing risks to the community.
Kitchener Pedestrian Seriously Injured in Collision
A woman sustained serious injuries after being struck by a driver in Kitchener. Waterloo Regional Police are investigating the incident, which occurred on February 5, 2026.
Minute Maid Discontinues Frozen Juice Concentrates
The Coca-Cola Company announces it will halt sales of Minute Maid frozen juice concentrates in the U.S. and Canada, citing shifting consumer preferences toward fresh juices.
Edmonton Woman Details Grandparent Scam Victimization
An Edmonton resident recounts her experience falling prey to a fraudulent grandparent scheme, highlighting the emotional manipulation and financial loss involved in this common crime.
Calgary Airport Hits Record Passenger Numbers in 2025
Calgary International Airport (YYC) experienced unprecedented passenger traffic in 2025, setting a new benchmark for air travel in Alberta. This surge highlights the city's growing economic and tourism appeal.
Edmonton Councillor: Net-Loss Neighborhoods Mean Higher Taxes
Edmonton councillor Anne Stevenson warns that approving new neighborhoods operating at a net loss leads to future tax increases, urging focus on revenue-neutral developments.
Apple CEO Cook Vows to Lobby Lawmakers on Immigration
Apple CEO Tim Cook expresses deep concern over U.S. immigration policies, promising to personally advocate for DACA workers and continue lobbying lawmakers for reform.
Chatham-Kent Population Growth Hits 20-Year High
Chatham-Kent in Ontario has recorded its most significant population increase in more than two decades, signaling regional economic vitality and demographic shifts in southwestern Canada.
Montreal Home Sales Fall 15% in January
The Greater Montreal real estate market experienced a significant slowdown in January, with home sales declining by 15% compared to the previous year, according to the Quebec Professional Association of Real Estate Brokers.
Peter Cardew's 1980 Home Design Revived in Lions Bay
A 1980 modernist home in Lions Bay designed by architect Peter Cardew has been meticulously restored by its owners, preserving its West Coast architectural heritage while updating it for contemporary living.
Can Man Dan Steps Down from Corporate Role
Edmonton's Dan Johnstone, known as Can Man Dan, resigns from his corporate position due to a divergence in ideas and strategic vision with company leadership.
Edmonton Real Estate Stalled by High Construction Costs
Edmonton's commercial real estate market faces significant challenges as construction costs double and development fees skyrocket, creating a perfect storm that dampens new projects and expansion.
Regina's $7M Unpaid Parking Tickets: Revenue Debate
The City of Regina grapples with $7 million in unpaid parking tickets, raising questions about potential uses for the funds if collected, amid broader municipal financial discussions.
Legault Vows 7-Year Predictability for Horne Smelter
Quebec Premier François Legault commits to ensuring seven years of operational predictability for Glencore's Horne Smelter in Rouyn-Noranda, addressing economic stability concerns in the region.
Lightspeed Invests in Sales and Software for Growth
Lightspeed Commerce Inc. announces strategic investments in its sales force and software enhancements to drive consumer reach and market expansion in the competitive retail technology sector.
Y Combinator Reverses Decision on Canadian Investments
Y Combinator has reversed its decision to stop investing in Canadian-incorporated companies after receiving feedback from Canadian entrepreneurs in its network.
Labour Board Rejects Challenge to Unpaid Leave for Unvaccinated Staff
The Federal Public Sector Labour Relations Board has dismissed a union challenge against unpaid leave for unvaccinated federal employees, upholding the government's COVID-19 policy.
Edmonton Paramount Theatre Up for Receivership Sale
The historic Paramount Theatre in Edmonton is undergoing a receivership sale, highlighting financial challenges in the city's commercial real estate sector. This development reflects broader economic pressures affecting Alberta's urban centers.
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