Canada's affordability crisis linked to productivity
Bank of Canada deputy governor Nicolas Vincent says solving Canada's productivity problem is key to addressing affordability. Learn how productivity gains boost incomes without inflation.
Category : Business
Crypto Firm Appeals Record $176M Fine in Canada
Xeltox Enterprises Ltd. is fighting a historic $176M fine from FinTRAC for alleged money laundering violations. Discover the details of the case and its implications for Canada's crypto sector.
Unsecured truck cargo leads to 19 OPP violations in Caledon
OPP discovered a truck hauling dangerously unsecured vehicle shells in Caledon, issuing 19 violations. Learn about road safety risks and enforcement actions.
Aritzia Opening Massive Flagship Store in Downtown Vancouver
Vancouver-based Aritzia is opening a 40,000-square-foot flagship store at CF Pacific Centre in 2027, taking over the former Nordstrom location. Discover the details of this major retail expansion.
New $70M Barrie YMCA construction milestone reached
The new $70M YMCA in Barrie is taking shape as its steel frame rises at 535 Bayview Drive, marking a pivotal moment for the community facility.
First West Credit Union Closes $200M Note Offering
First West Credit Union successfully closed its $200 million senior deposit note offering, which was oversubscribed with $1.07 billion in orders. Learn how this demonstrates investor confidence in Canada's financial cooperative sector.
Cyprus natural gas for Europe by 2027, president says
Cypriot President confirms Europe could receive natural gas from Cyprus by 2027, marking a significant step in the continent's energy diversification strategy.
Mortgage delinquency rate falls first time in 3 years
Canada's mortgage delinquency rate declines for the first time since 2022, signaling potential relief for homeowners amid economic pressures. Learn what this means for the housing market.
Alberta health-care workers serve strike notice
AUPE members in Alberta have served strike notice, potentially disrupting health services across the province. Learn about the implications and next steps.
Summers Leaves OpenAI Board Following Epstein Controversy
Former US Treasury Secretary Larry Summers resigns from OpenAI board after Epstein document release reveals email exchanges. Harvard investigates faculty ties.
Levack Mine mineral estimates exceed expectations
Sudbury's Magna Mining reports higher-than-expected mineral resource estimates at Levack Mine in Northern Ontario's Sudbury Basin, signaling strong potential for regional mining growth.
SAQ Office Staff Reach Agreement in Principle
Office staff at Quebec's liquor board have reached an agreement in principle, potentially ending labor disputes. Learn about the details and implications for employees.
TSX up 100 points, U.S. markets mixed
Canada's main stock index climbed nearly 100 points while U.S. markets showed mixed performance. Get the latest business updates and market analysis.
U.S. crude stocks fall on higher demand, EIA says
U.S. crude oil inventories fell significantly due to rising demand, while fuel stockpiles increased, according to the EIA. Explore the key market drivers and implications.
4-vehicle crash caused by heavy fog: BC RCMP
A serious multi-vehicle collision occurred due to dense fog conditions in British Columbia. RCMP investigators confirm weather played crucial role in the accident.
Brookfield, Nvidia launch $100B AI infrastructure program
Brookfield Asset Management partners with Nvidia on groundbreaking US$100 billion AI infrastructure initiative, revolutionizing data center development globally. Discover how this shapes Canada's tech future.
Toronto Commutes Stretched by Office Returns
Toronto workers face extended commutes as return-to-office mandates take effect. Share your commuting challenges and experiences with increased traffic congestion.
Pictou Nursing Home Workers Vote for Strike Action
Long-term care workers at a Pictou, Nova Scotia nursing home have voted to authorize strike action. Learn about the implications for senior care in the region and what happens next.
U.S. Trade Deficit Drops 24% as Tariffs Cut Imports
The U.S. trade deficit saw a dramatic 24% decline in August 2025 as Trump's tariffs reduced imports. Get the full analysis of economic impacts and market reactions.
NorthWest Copper Hits 44m of 1.01% CuEq at Kwanika
NorthWest Copper announces significant near-surface copper-gold intercepts at Kwanika project in BC, with 44m of 1.01% CuEq mineralization from 172m depth.
Regina to allow mobile homes citywide after evictions
Regina city council is reviewing zoning changes to permit mobile homes anywhere in the city following Glen Elm evictions that displaced residents earlier this year.
Nova Scotia expands local food program for healthcare
Nova Scotia government expands successful local food program to more hospitals and universities, strengthening food security and supporting provincial farmers. Learn about the initiative's impact.
U.S. and Saudi Arabia Reach Nuclear Energy Agreement
The United States and Saudi Arabia have finalized negotiations on a nuclear technology-sharing deal that could see American companies build reactors in the kingdom. Learn about the implications.
P.E.I. spends $1.3M to aid oyster fishers against parasites
Prince Edward Island launches $1.3 million in new programs to support oyster fishers affected by MSX and Dermo parasites. Learn how the funding will help sustain Canada's prized oyster industry.
Novo Resources 2025 Sustainability Report Released
Novo Resources Corp. announces its 2025 Sustainability Report, detailing commitments to ethical governance, community development, and environmental protection in mining operations.
Wall Street Steady Ahead of Key Economic Tests
Wall Street maintains stability as investors await crucial economic indicators. Markets hold steady despite looming tests that could determine future direction.
KPMG: AI Adoption Up But Returns Lag for Canadian Firms
New KPMG report reveals Canadian businesses are rapidly adopting AI, but only a small percentage are seeing measurable returns on their investments so far. Learn what this means for the future of AI in Canadian business.
Alberta youth employment crisis revealed in new report
A new report exposes the severe employment and unemployment challenges facing Alberta's youth. Learn about the economic pressures and potential solutions affecting young Canadians.
Barrie Police Expose Urgent Scam Warning Signs
Barrie Police highlight critical scam red flags and prevention strategies. Learn how to protect yourself from financial fraud by recognizing urgency tactics used by criminals.
TTC Line 2 Service Returns to Pre-Pandemic Levels
Toronto's TTC increases Line 2 service to pre-pandemic levels as office workers return. Mayor Chow announces trains every 2.5 minutes during rush hour. Read more about transit improvements.
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