Software stocks experienced significant declines as investor concerns about AI disruption intensified, with major ETFs and indices dropping sharply following new AI announcements from Anthropic and Meta.
TC Energy Corp. has launched a $3 million lawsuit against a former director, alleging he diverted over $2.5 million through secret commissions and unauthorized fees in real estate deals.
Paramount has finalized debt commitments to support its acquisition of Warner Bros., marking a major corporate move amid global economic warnings from the IMF.
A Calgary man faces charges after police allege he was selling stolen Lululemon merchandise on Facebook Marketplace, highlighting ongoing retail theft issues in the city.
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Sukhwinder Kandhola, owner of an Elmvale, Ontario Esso station, denies intentionally selling tainted fuel, linking the incident to broader racial tensions in the community.
The S&P/TSX composite index declined while oil prices climbed above US$100 per barrel, driven by geopolitical tensions and ceasefire uncertainties impacting global markets.
A massive six-alarm fire destroyed a 1.2-million-square-foot Kimberly-Clark warehouse in Ontario, California, after a disgruntled employee allegedly set the blaze while filming the incident on social media.
Royal Bank of Canada announces a major $1 billion investment initiative to establish a growth fund, providing equity support to bolster Canadian companies and stimulate economic development.
Royal Bank of Canada announces a $1-billion direct equity investment fund to help Canadian companies scale domestically and compete globally, addressing capital needs.
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Royal Bank of Canada announces a new $1-billion fund making direct equity investments in Canadian companies to help them scale domestically and accelerate economic growth.
BlackBerry announced a fourth-quarter profit of US$24.3 million, with revenue increasing by 10% compared to the same period last year, marking a positive financial turnaround.
A small shipping ETF tracking Middle East crude transport has surged 1,300% in a year, becoming a real-time indicator of Iran conflict volatility as geopolitical tensions disrupt global energy routes.
Oil prices climb toward $100 per barrel as global markets react to doubts over a U.S.-Iran ceasefire, causing stock declines and economic uncertainty worldwide.
Vancouver-based clothing retailer Aritzia saw its stock jump 9.5% to US$124.99, leading Canadian markets as spring collection sales doubled and optimism about Middle East peace boosted risk sentiment.
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Japanese retail giant Seven & i Holdings postpones the planned public listing of its North American operations, citing market conditions and strategic review needs.
Toronto's plan for city-operated grocery stores ignores the complex drivers of food inflation while adding to government overreach, as policy adventurism replaces effective governance.
Global markets react as oil prices climb and shares decline following concerns over a fragile ceasefire in Iran, highlighting economic volatility amid geopolitical tensions.
Oil prices rebounded sharply above $97 a barrel while Asian stock markets mostly declined on Thursday amid growing skepticism over a fragile U.S.-Iran ceasefire. The Strait of Hormuz closure and renewed Middle East tensions fueled market uncertainty.
CNBC anchor Sara Eisen faces backlash for framing President Trump's threats against Iran as an investor risk question, drawing criticism from political commentators and social media.
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Businesses in Atlantic Canada report a significant increase in theft incidents, contrasting with official statistics that show mixed trends, highlighting concerns over crime reporting and economic impact.
Today's top stories include the Competition Bureau investigating Keyera's gas acquisition, homeowners tightening belts for mortgage renewals, Air Canada's customer claims pilot, AI warnings from the CRA and a judge, and concerns over disability benefits.
Aviation training giant CAE Inc. is cutting approximately 280 jobs, with 180 positions eliminated in Quebec, as the company navigates ongoing challenges in the global aviation sector.
Ontario Provincial Police issue a warning about a scam targeting businesses, following a recent fraud incident in the Ottawa Valley that resulted in significant financial losses.
Gold prices pared earlier gains after Iran's parliament speaker stated that a temporary ceasefire agreement with the U.S. has been violated. Bullion has fallen about 10% since the Middle East conflict began in late February.
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Montreal-based aerospace company CAE has eliminated 280 positions, with 180 of those job losses occurring in Quebec, as part of a strategic restructuring effort announced in early April 2026.
Canadian flight simulator company CAE Inc. is cutting approximately 280 positions globally as part of a restructuring led by new CEO Matthew Bromberg, with impacts in contracts, procurement, and technical areas.
Canadian flight simulator manufacturer CAE Inc. is eliminating approximately 280 positions worldwide as new CEO Matthew Bromberg implements a transformation plan ahead of a May business strategy update.
The Toronto-based clothing brand Horses Atelier is shutting down after operating for 14 years, marking the end of an era for the Canadian fashion industry.
Canada's Competition Bureau escalates its investigation into Keyera Corp.'s proposed $5.15 billion acquisition of Plains All American Pipeline's natural gas liquids business, examining potential market dominance concerns.
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Canada's Competition Bureau has obtained a court order as part of its ongoing investigation into the proposed merger between Keyera and Plains Midstream Canada, signaling heightened scrutiny of the energy sector deal.
