CAA Launches Annual 'Worst Roads' Campaign in Ottawa
The Canadian Automobile Association has initiated its yearly campaign to identify Ottawa's most problematic roads, urging drivers to vote and highlight infrastructure concerns.
Category : Business
Pilot's 2025 Report Warned of LaGuardia Control Issues Before Crash
Canadian investigators probe LaGuardia Airport collision as 2025 pilot report reveals safety concerns about air-traffic controllers. Co-pilot Mackenzie Gunther honored.
Regina Refinery Turnaround Scheduled for Mid-April
The Co-op Refinery Complex in Regina will undergo a planned maintenance turnaround starting in mid-April 2026, part of regular operational procedures to ensure safety and efficiency.
Dollarama to Limit Price Increases from War, CEO Says
Dollarama's CEO announces the retailer will only raise prices due to war-related costs when absolutely necessary, aiming to shield consumers from inflation.
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BC Ferries Cancels Sailings on Major Route Due to Mechanical Issues
Two sailings on a major BC Ferries route have been cancelled, with more at risk, due to a mechanical difficulty affecting the Queen of New Westminster vessel.
Daily Flights Launched Between Charlottetown and Montreal
Prince Edward Island NewsPorter introduces daily direct flights from Charlottetown to Montreal, enhancing connectivity and supporting tourism and business travel in the region.
Sask. Meat Processor Fined $40K After Worker Shot
A Saskatchewan meat processing company has been fined $40,000 following a workplace incident where a worker was shot while handling a firearm, highlighting safety violations.
STM, Maintenance Workers Reach Tentative Contract Deal
The Société de transport de Montréal and its union representing 2,400 maintenance workers have reached a tentative agreement, potentially ending two years of negotiations and avoiding further strikes.
Court Extends Stay for Risley's CFFI, Reviews $1.4B Debt
A Nova Scotia court has extended creditor protection for John Risley's CFFI Ventures while ordering a comprehensive review of its $1.4 billion debt and asset valuation amid a contentious restructuring proposal led by HPS Investment Partners.
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Black Boxes Recovered in Air Canada Crash, Safety Issues Raised
Investigators have retrieved the data and voice recorders from the Air Canada Express plane that collided with a fire truck at LaGuardia Airport. The incident follows years of pilot complaints about safety concerns at the busy New York airport.
TSX Jumps 200 Points on Oil Surge Above US$90
Canada's main stock index, the S&P/TSX composite, experienced a significant rally, climbing nearly 200 points, driven by a sharp increase in oil prices surpassing US$90 per barrel. This surge reflects heightened market optimism amid global energy dynamics
ATCO Invests $10M in Nunavut Port-Road Project
ATCO announces a $10 million investment to support the development of a critical port-and-road project in Nunavut, enhancing northern infrastructure and economic opportunities.
Prem Watsa Takes UK Indian Restaurants Global with Fairfax Acquisition
Prem Watsa's Fairfax Financial acquired MW Eat in November, planning to expand the UK's fine-dining Indian restaurant chain to the US, Canada, and the Gulf amid industry growth.
Traders Bet $500M on Oil Before Trump's Iran Attack Delay Post
Oil futures traders made a massive $500 million wager on rising crude prices moments before former President Trump announced a delay to a planned Iran attack, sparking market speculation.
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Two Stunt Drivers Charged Near North Bay in One Hour
Ontario Provincial Police charged an American and a southern Ontario resident with stunt driving in separate incidents near North Bay, highlighting ongoing road safety enforcement efforts.
National Bank CEO Urges Faster Action in 'Dangerous' World
The CEO of National Bank of Canada emphasizes the need for swift progress on key priorities as global uncertainties intensify, highlighting economic and strategic challenges.
Philippines Declares National Energy Emergency
The Philippines has declared a national energy emergency, implementing a four-day work week and other measures to conserve fuel as oil prices soar globally.
Goeasy Wins Debt Relief After Auto Loan Losses
Canadian subprime lender Goeasy Ltd. has secured concessions from lenders after auto loan losses at its LendCare unit caused shares to plummet over 60% and bonds to fall sharply.
Montreal Metro Workers Reach Tentative Labor Deal
Maintenance workers for the Montreal Metro system have reached a tentative agreement with management, potentially averting service disruptions. The deal addresses key labor concerns amid ongoing negotiations in Quebec's public transit sector.
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Dollarama Raises Dividend Despite Weather Impact on Sales
Canadian discount retailer Dollarama announced a dividend increase despite unfavorable weather conditions affecting store traffic and comparable sales growth in the fourth quarter.
Apple Maps Adding Paid Ads in U.S., Canada This Summer
Apple is set to launch paid advertising within its Maps application across the United States and Canada starting this summer, marking a significant expansion of its digital ad business.
BMO and CME Launch Tokenized Cash for 24/7 Trading
Bank of Montreal partners with CME Group to introduce a tokenized cash service, enabling institutional clients to move funds and settle trades around the clock, pending regulatory approval.
Saskatoon Pedestrian Hit by Vehicle on Circle Drive
A pedestrian sustained serious injuries after being struck by a vehicle on Circle Drive in Saskatoon on Monday evening, leading to a hospital transport.
Windsor Reveals Downtown Housing Development Details
The City of Windsor is set to announce specifics for a new downtown housing development on Pelissier Street, aiming to boost urban living and address housing needs in the region.
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Stocks Pull Back Following Trump Iran Talks Rally
U.S. equities relinquished some gains as investor optimism over potential Iran negotiations waned, highlighting market volatility amid geopolitical tensions.
U.S. Business Activity Drops to 11-Month Low Amid Iran War
A recent S&P Global survey shows U.S. business activity declining to its lowest level in 11 months during March, driven by geopolitical tensions from the Iran war and rising fuel costs.
Gas Prices Set to Drop in Barrie on Wednesday
Barrie residents can anticipate lower fuel costs as gas prices are projected to decrease on Wednesday, providing some financial relief amid fluctuating economic conditions.
Bank CEO Calls for Keystone XL Revival and Eastern Energy Corridor
National Bank CEO Laurent Ferreira advocates for reviving the Keystone XL pipeline and creating an Eastern Canadian energy corridor to boost domestic production and global exports.
Texas Refinery Explosion: Fire Out, Shelter Order Lifted
Emergency crews have extinguished a major fire following an explosion at the Valero Port Arthur Refinery in Texas. Authorities have lifted the shelter-in-place order for nearby residents as the situation stabilizes.
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Oil Supply Chain Crisis Looms as Middle East Conflict Escalates
Energy economist Peter Tertzakian warns that escalating conflict in Iran has severely damaged Middle East oil infrastructure, threatening global supply chains and forcing Canada to develop strategic energy plans.
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