Surrey Drug Kingpin Gets 6.5 Years in US Prison for Meth Smuggling
Opinder Sian, a Surrey gangster linked to Brothers Keepers, was sentenced to 6.5 years in US prison for conspiring to smuggle methamphetamine to Australia.
Category : Business Innovation
Statistics Canada ends quarterly wealth reports; CIBC pushes defence
Statistics Canada ends detailed quarterly household wealth reports, CIBC urges defence investment, Canada tops infrastructure poll, summer jobs stabilize, and NATO's bank explained.
French's Partners with Minions & Monsters for Summer Mustard
French's announces a partnership with Illumination's Minions & Monsters, releasing a limited-edition yellow mustard with film-inspired packaging across Canada starting June 1, 2026.
Toronto World Cup Hotel Demand Below Expectations
A Toronto official reveals hotel demand for the 2026 FIFA World Cup is not meeting projections, raising concerns about economic impact and tourism forecasts.
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Cookie Campaign Gives 3 Sudbury Charities $218K
The Smile Cookie campaign in Sudbury raised $218,000 for three local charities, with celebrities and leaders decorating cookies to support the cause.
Federal relief for Sask. breweries, winemakers, distillers
The federal government announces relief measures for Saskatchewan's beverage alcohol producers, including breweries, winemakers, and distillers, to support the local industry.
Mango Heir Contradicted Himself on Father's Death, Judge Says
Jonathan Andic, son of Mango founder Isak Andic, is accused of harboring a financial grudge and providing conflicting versions of his father's fatal hiking accident, according to a judge.
Airbnb Expands into Hotels, Cars, and Groceries
Airbnb is broadening its services to include hotels, car rentals, and grocery delivery, aiming to become a comprehensive travel and lifestyle platform.
Wall Street rallies as bond yields ease, oil prices fall
U.S. stocks rose sharply on Wednesday as bond market pressure eased and oil prices dropped, boosting investor sentiment across sectors.
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OpenAI Plans Confidential IPO Filing in Coming Weeks
OpenAI is preparing to confidentially file for a U.S. IPO in the coming weeks, aiming to go public as early as September, sources say.
Quebec Village at Centre of Nation-Building Project
A Quebec village is central to a major nation-building project. Political analyst Sharan Kaur discusses the significance and budget prospects.
Ujiri Says He Decided to Fire Mavericks Coach Kidd
Dallas Mavericks president Masai Ujiri confirmed he made the call to remove Jason Kidd as head coach, citing the need for a new direction for the team.
ByWard Market Incubator Supports Immigrant Entrepreneurs
Ottawa's ByWard Market launches Immigrant Canada Retail Incubator Program, helping newcomer entrepreneurs launch businesses with vendor village support.
North Bay Sports Complex on Time and Budget for August Opening
The $63M Steve Omischl Sports Complex in North Bay remains on schedule and within budget, with no cost overruns from US tariffs. Opening set for August 2026.
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Wave of Rail Mergers 'Inevitable' if CPKC Takeover Approved
CPKC CEO warns that approval of its takeover bid could trigger a wave of rail mergers across North America, reshaping the industry.
Meta CEO: No More Layoffs This Year, Internal Memo Says
Meta CEO Mark Zuckerberg told employees in an internal memo that he does not anticipate additional company-wide layoffs in 2026, according to a Reuters exclusive.
World Cup Fans Disappointed by High Costs in Vancouver
As the FIFA World Cup approaches, Vancouver fans express disappointment over soaring ticket and hotel prices, raising doubts about promised economic benefits.
Finofo AI AP Platform for Canadian Finance Teams
Finofo introduces an AI-powered accounts payable platform for Canadian mid-sized businesses, automating invoice ingestion, matching, approvals, and payments end-to-end.
U.S. Stocks Recover as Bond Pressure Eases, Oil Falls
Wall Street rebounded as Treasury yields retreated and oil prices declined, easing investor concerns. The Dow rose 1.2%, S&P 500 gained 0.9%, and Nasdaq added 0.7% amid mixed economic data.
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CN Rail Pledges $100M to Fight Homelessness
Canadian National Railway commits $100 million to combat homelessness across its North American network, aiming to support housing and social services.
Bradford Proposes Crackdown on Mini-Motorcycles
Mayoral candidate Brad Bradford unveils an eight-point plan to regulate mini-motorcycles and e-bikes, citing safety concerns and battery fire risks.
Amherstburg Opens Baseball-Themed Playground at Malden Centre Park
Amherstburg celebrates the grand opening of a baseball-themed playground at Malden Centre Park, featuring inclusive equipment and a rubberized diamond surface.
RBC to Manage Canadian Share Orders for SpaceX IPO
SpaceX's IPO targets up to US$75 billion with a valuation over US$2 trillion. Goldman Sachs leads, with Morgan Stanley, BofA, Citi, and JPMorgan. RBC handles Canadian orders.
Canadian Pensions Halt $3B Private Equity Sales on Valuation Gaps
Two Canadian pension funds shelved efforts to sell private equity stakes worth $3 billion after bids fell short of expectations, reflecting wariness of Chinese assets.
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Boston Metal Raises $75M for Critical Metals Business
Boston Metal secured $75 million to expand its Molten Oxide Electrolysis platform, producing critical metals from low-grade feedstocks to strengthen supply chains.
Verisk Appoints Pradip Patiath to Board of Directors
Verisk announces Pradip Patiath, McKinsey Senior Partner, joins its Board of Directors. Kathleen Hogenson retires after serving since 2016.
RAD Toys and Games Opens Next to RAD Cards and Collectibles
Robbie Logan, with parents Dave and Adrea, opened RAD Toys and Games at Centre Mall, expanding their business with LEGO, puzzles, board games, and more.
TJX Raises Annual Sales and Profit Forecasts
TJX Cos raised its annual sales and profit forecasts, citing strong customer demand for off-price apparel and home goods. Shares rose in premarket trading.
Lowe's Keeps Annual Forecasts Despite Housing Market Challenges
Lowe's reaffirms its annual forecasts despite a tough U.S. housing market. The home improvement retailer cites cautious consumer spending and high interest rates.
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Keyera, AltaGas, CN Partner for ACE Rail Terminal
Keyera, AltaGas, and CN announce a strategic partnership to build the ACE Rail Terminal, enhancing Canada's energy competitiveness and global market access.
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