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.
Category : Corporate News
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.
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
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.
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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.
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.
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.
Oil Rises, Stocks Fall as Iran War Advances Despite Talks
Global oil prices spike and stock markets tumble as military actions with Iran intensify, overshadowing diplomatic negotiations and impacting economic stability worldwide.
United Airlines Bets Big on Premium Travel as Fuel Costs Soar
United Airlines is intensifying its focus on premium travel services as escalating fuel costs, driven by the Iran war, pressure airline profits. The strategy aims to boost revenue through higher-margin offerings.
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Estee Lauder in Merger Talks with Puig for Fragrance Push
Estee Lauder is reportedly in discussions to merge with Puig, owner of Jean Paul Gaultier, aiming to expand its prestige fragrance portfolio amid growing consumer demand for luxury scents.
Private Credit Strains Ripple Through Wall Street, Investors Wary
Growing concerns over private credit market stability are causing significant unease among Wall Street investors, with potential implications for broader financial markets and economic conditions.
BMO, CME, Google Cloud Launch Tokenized Cash Platform
Bank of Montreal announces a strategic collaboration with CME Group and Google Cloud to introduce a tokenized cash platform, marking a significant advancement in digital asset infrastructure for financial markets.
Smithfield Foods Beats Estimates on Resilient Pork Demand
Smithfield Foods reported quarterly results that surpassed analyst expectations, driven by sustained consumer demand for pork products amid market volatility.
Dollarama Forecasts Sales Below Estimates
Canadian discount retailer Dollarama has issued an annual sales forecast that falls significantly below Wall Street estimates, signaling potential challenges ahead for the company.
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$580M Oil Bets Before Trump's Iran Talks Post
Traders executed $580 million in oil futures contracts just 15 minutes before Donald Trump announced productive talks with Iran, sparking market volatility and raising questions about potential insider information.
Markets Rebound After Trump Hints at Iran War End
Global stock markets mostly recovered following former President Trump's comments suggesting a possible resolution to the Iran conflict, while oil prices declined amid the geopolitical shift.
Atlantic Canada's Top Employers 2026 Focus on Family Life
Atlantic Canada's leading employers for 2026 are reshaping workplace policies around family needs, offering unique benefits from grandparent leave to emergency transit programs that help employees build lasting roots in the region.
B.C. Firm Sanctioned by U.S. for Alleged Hezbollah Links
A British Columbia-based company is under U.S. sanctions for allegedly raising funds for the Iran-backed terrorist group Hezbollah, highlighting cross-border security concerns.
Iran Conflict Drives Market Turbulence, Cost-of-Living Impact
Financial experts warn investors to brace for market instability as the Iran conflict disrupts global markets and exacerbates cost-of-living challenges for consumers.
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Ben & Jerry's Foundation Joins Lawsuit Against Magnum Ice Cream
The Ben & Jerry's Foundation has officially joined a lawsuit challenging The Magnum Ice Cream Company, marking a significant corporate legal battle in the frozen dessert industry.
CNN Host Rahel Solomon Announces Departure Amid Network Shift
CNN's 'Early Start' host Rahel Solomon will leave the network on March 27, 2026, as CNN faces a potential rightward turn under Paramount Skydance's pending acquisition of Warner Bros. Discovery.
Oil Prices Drop, Markets Surge on Iran Peace Hopes
Global oil prices have declined while stock markets experience significant gains as diplomatic efforts raise hopes for an end to the Iran conflict, easing economic tensions.
Winnipeg Construction Owner Denies Overcharging on Police HQ
A Winnipeg construction company owner has denied allegations of overcharging the city on the police headquarters project, as a fraud investigator testified about concerning invoices at a public inquiry.
Berkshire Invests $1.8B in Japan's Tokio Marine, Forms Partnership
Warren Buffett's Berkshire Hathaway has acquired a significant $1.8 billion stake in Japanese insurance giant Tokio Marine, establishing a new strategic partnership between the two financial powerhouses.
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'Peak Pessimism' in Consumer Stocks May Signal Buy Time
Research indicates that the severe decline in consumer discretionary stocks, including companies like Lululemon, may present a strategic buying opportunity as market sentiment hits a low point.
Analysts: 'Peak Pessimism' in Consumer Stocks Signals Buy
Research from SentimenTrader indicates that over 50% of S&P 500 Consumer Discretionary stocks are trading 20% below highs, a setup historically followed by an average 14% rally. Analysts suggest current market negativity may present a strategic entry poin
Oil Dips, Stocks Jump on Trump's Iran Talks Claim
Global markets reacted sharply as oil prices eased and equities surged following former President Trump's announcement of progress in U.S.-Iran talks, despite Tehran's immediate denials of any dialogue.
Risley's CFFI Ventures May Lose Control in Debt Restructuring
Atlantic Canada business icon John Risley's CFFI Ventures Inc. undergoes court-supervised restructuring with $1.4 billion debt, potentially transferring control to largest creditor HPS Investment Partners.
BlackRock CEO Fink Backs Staying Invested Amid Volatility
BlackRock CEO Larry Fink advises investors to remain invested despite market turbulence, highlighting the transformative impact of artificial intelligence on global finance and economic stability.
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Abaxx Exchange Hits Record Weekly Volume, Up 343% in 2026
Abaxx Exchange reports a record weekly trading volume of 54,740 contracts, a 343% increase, with Q1 2026 volume up 55% year-over-year, driven by strong gold and LNG futures performance.
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