Bank of England Keeps Interest Rate at 3.75%
The Bank of England has decided to maintain its benchmark interest rate at 3.75% as inflation continues to exceed the central bank's target, signaling ongoing economic caution.
Category : Business
Ottawa G2 Driver Caught at 165 km/h on Hwy 174
Ottawa Police report a G2 licensed driver was observed traveling at 165 km/h on Highway 174 during Wednesday morning commute, highlighting ongoing traffic safety concerns.
Barrick to IPO North American Gold Assets, Names Hill CEO
Barrick Mining Corp. proceeds with an initial public offering for its North American gold holdings, appointing a new CEO to lead the subsidiary. The move signals strategic restructuring in the Canadian mining sector.
Toys 'R' Us Gift Card Redemption Issues After Store Closures
Canadian Toys 'R' Us customers face difficulties redeeming $36 million in gift cards as most physical stores close and online shopping remains unavailable, with only 22 locations left nationwide.
Nevada Transit Orders 50 Low-Emission Buses from NFI
The Regional Transportation Commission of Southern Nevada exercises options for 50 Xcelsior CNG buses from New Flyer, valued at $56 million, to enhance sustainable transit.
Abcourt Mines Begins 20,000-Metre Drilling on Flordin Property
Abcourt Mines Inc. has commenced a substantial 20,000-metre drilling program on its Flordin Property in Quebec, aiming to expand gold mineralization zones and establish connections across a two-kilometre corridor.
OPG Chair Wendy Kei Joins General Fusion as Advisor
Ontario Power Generation Board Chair Wendy Kei has joined General Fusion as a strategic advisor, bringing over 30 years of financial leadership and governance experience to the fusion energy company as it prepares to go public.
Truck Wheel Detaches on Highway 26, Driver Charged
A 33-year-old truck driver faces multiple charges after a wheel detached from his trailer on Highway 26 in Springwater Township, Ontario, highlighting ongoing road safety concerns.
AI Stock Impact: Vulnerable Sectors and Beneficiaries Analyzed
Following Anthropic's AI release that triggered a $300B software sell-off, investors are assessing which sectors face disruption or gain from AI advancements. Analysis covers healthcare, finance, retail, and professional services.
Why Canada Should End Supply Management
Analysis of Canada's agricultural supply management system reveals high consumer costs and trade negotiation challenges, with proposals for fair compensation to farmers during transition.
Osisko Metals Launches DPEX Project with Strong Copper Results
Osisko Metals announces its Deep Porphyry Exploration Project (DPEX) at the historic Porphyry Mountain deposit, confirming 852 metres averaging 0.95% CuEq in re-assayed drill core, with plans for a 2026 resource estimate.
London Business Owner Hopes for Renewal After Bank Demolition
A London business owner expresses renewed hope for Old East Village's revitalization following the demolition of a vacant bank building, a project anticipated for over a decade.
Carney's China Deal Threatens Canadian Autonomy
Joel Kotkin criticizes PM Mark Carney's strategic pivot toward China, arguing it reduces Canada to a resource vassal while creating dangerous dependencies on an authoritarian regime.
Rob Ford Right: Toronto Needs Underground Transit
Former Toronto mayor Rob Ford's advocacy for subway expansion over a decade ago remains relevant today as the city faces transit challenges. Brad Bradford argues that Toronto must prioritize fully separated underground corridors to reduce congestion and i
U.S. Seeks Critical Minerals Bloc to Counter China
The United States is pursuing a strategic trading bloc with allied nations to secure critical minerals supply chains, aiming to reduce reliance on China and redirect investments domestically.
Bitcoin Drops 8%, South Korea's Kospi Sinks 4% in Tech Sell-Off
A significant tech-led market sell-off has triggered sharp declines, with Bitcoin plunging up to 8% and South Korea's Kospi index sinking nearly 4% amid global financial volatility.
Precore Gold Acquires 100% of Lac Big-Rush Gold Property in Quebec
Precore Gold Corp. has completed the 100% acquisition of the Lac Big-Rush Gold Property in Quebec's Chibougamau mining camp, accelerating its original agreement and expanding its land package in this prolific gold-bearing region.
Quebec LNG Project Touted as Gateway to European Market
A new report from the Montreal Economic Institute argues that a proposed Quebec liquefied natural gas project should be expedited to position Canada as a key supplier to Europe amid shifting energy dynamics.
Saskatchewan Housing Prices Increase with Low Supply
Saskatchewan's real estate market experiences a slight uptick in housing prices, driven by constrained inventory levels and sustained demand across the province.
Bessent's Heated Exchanges with Democrats in Hearing
U.S. Treasury Secretary Scott Bessent engaged in multiple heated exchanges with Democratic lawmakers during a House Financial Services Committee hearing, devolving into insults over fiscal policy and Trump family dealings.
VIA Rail Delays and Union Station Issues Spark Passenger Complaints
A letter to the editor highlights ongoing problems with VIA Rail service, including frequent delays, mechanical issues, and poor conditions at Toronto's Union Station departure concourse.
STM's Biggest Bus Network Remake with REM Launch
Montreal's transit agency announces massive bus network reshuffling affecting 80 lines across 15 municipalities, timed with the spring launch of the Anse-à-l'Orme REM branch.
Calgary Police Chief Calls City Driving 'Atrocious'
Calgary Police Chief Katie McLellan describes driving in the city as 'atrocious,' citing speeding, tailgating, and reckless behavior as major concerns.
U.S. Forms Trading Bloc to Counter China's Minerals Dominance
The United States is spearheading an international effort to reduce global dependence on China for critical minerals, hosting a summit with 55 countries to establish price floors and investment frameworks.
London Considers District Energy for City Buildings
The City of London is evaluating an innovative district energy system to provide heating for three municipal facilities, potentially reducing costs and environmental impact.
Vancouver Homeowners Fight City Hall on Multiplexes
Vancouver homeowners express strong dissatisfaction with the city's push for multiplex housing, citing concerns about neighborhood character and infrastructure strain as they organize for change.
B.C. First Nation Withdraws Support for Gas Export Facility
A First Nation in British Columbia has withdrawn its support for a liquefied gas export facility, marking a significant shift in Indigenous relations with energy projects in the province.
Court Asked to Approve Hardship Fund for Ex-Hudson's Bay Staff
Legal representatives for former Hudson's Bay Company employees have filed a court application to establish a hardship fund, aiming to provide financial support to workers affected by recent corporate changes.
First Nations and Victoria Airport Sign Economic Partnership Deal
Pauquachin and other Vancouver Island First Nations sign a landmark agreement with Victoria Airport Authority to create shared business and employment opportunities, marking a significant step in economic reconciliation.
Winnipeg SkyCity Fraudsters Get 5 Years, $12.2M Fines
Two developers behind Winnipeg's SkyCity condo project receive five-year prison sentences and $12.2 million fines each for fraud, marking a significant court ruling in Ontario.
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