Bombardier Targets India Growth, Gripen Fighter Deal Unlikely
Bombardier's CEO highlights strong opportunities in India's aviation market while downplaying involvement in Canada's potential Gripen fighter jet contract with SAAB.
Category : Corporate News
Stantec's Record 2025 Income Driven by Defense and AI Data Centers
Edmonton-based engineering firm Stantec achieved record income in 2025 with $6.5 billion in net revenue, driven by defense contracts and AI data center projects across Canada and the U.S.
Paramount's Superior Bid Sparks Warner Bros. Discovery War
Warner Bros. Discovery has declared Paramount's takeover offer superior to Netflix's bid, potentially igniting a fresh bidding war for the Hollywood giant.
Truck Blockade at Titan Tool in Windsor
Six transport trucks blocked Howard Avenue in Windsor, preventing access to Titan Tool. The incident highlights ongoing labor disputes in the manufacturing sector.
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Bombardier Eyes India for Business Jet Sales Growth
Bombardier's CEO highlights India as a key emerging market for business aviation, citing economic growth and increasing demand for private air travel among the country's elite.
WSP Global Benefits from Government Infrastructure Projects
The CEO of WSP Global Inc. highlights how increased government spending on infrastructure is driving the company's expansion and success in the engineering sector.
Gildan Q4 Sales Jump 31% After HanesBrands Deal
Gildan Activewear reports a significant 31% increase in fourth-quarter net sales, driven primarily by its strategic acquisition of HanesBrands. The deal has bolstered the company's market position and financial performance.
WEF Head Borge Brende Resigns Over Epstein Ties
World Economic Forum President Borge Brende steps down following scrutiny of his connections to Jeffrey Epstein, as new files reveal ties to other high-profile figures.
EBay Cuts 800 Jobs in Third Round of Layoffs in Three Years
EBay Inc. is laying off approximately 800 full-time employees, representing six per cent of its global workforce, as part of a strategic realignment. This marks the third round of job cuts in three years, following earlier reductions in 2023 and 2024.
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Quebecor Q4 Profits Up on Wireless Revenue Growth
Quebecor reports increased fourth-quarter profits driven by higher wireless revenue per customer, with CEO Pierre Karl Péladeau highlighting strategic gains amid competitive market conditions.
WEF CEO Brende Steps Down Amid Epstein Links Probe
World Economic Forum CEO Børge Brende has resigned after an investigation into his connections with Jeffrey Epstein. The WEF concluded its probe, finding no additional concerns beyond previously disclosed meetings.
Wendy's Canada Launches New Crispy Chicken Sandwich Under $4
Wendy's Canada introduces a new Crispy Chicken Sandwich to its Quality Choices value menu, priced under $4 and available all day. Made with 100% Canadian chicken, it reinforces the brand's commitment to quality and affordability.
SAGA Metals Completes Warrant Acceleration, Secures C$3.4M
SAGA Metals Corp. announces the successful expiry of its Warrant Acceleration Program, generating C$3,422,888 in proceeds from exercised warrants since January 2026, strengthening the company's financial position.
Trump-Backed Bitcoin Firm Swings to Loss in Crypto Selloff
American Bitcoin, a cryptocurrency firm with ties to the Trump family, has posted a quarterly loss as the broader digital asset market experiences a significant selloff, highlighting volatility in the sector.
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WEF CEO Borge Brende Quits After Epstein Ties Scrutinized
Borge Brende, CEO of the World Economic Forum, has resigned following intense scrutiny over his past associations with Jeffrey Epstein. The departure marks a significant leadership change at the influential global organization.
WEF President Borge Brende Steps Down After Epstein Investigation
Borge Brende, President and CEO of the World Economic Forum, has resigned following an independent investigation into his connections with convicted sex offender Jeffrey Epstein.
Markets Mixed, U.S. Futures Slip After Nvidia Earnings
Global stock markets showed a mixed performance while U.S. futures edged lower, even as Nvidia reported earnings that exceeded expectations. The divergence highlights ongoing investor caution amid broader economic uncertainties.
DMG Blockchain Q1 2026 Financial Results Announced
DMG Blockchain Solutions Inc. has released its unaudited financial results for the first quarter of 2026, showing a slight revenue decline to $11.2 million. The company mined 69 bitcoin and is focusing on AI data center conversion and digital asset servic
Porter Airlines Must Reimburse Denied Passenger, Tribunal Rules
A British Columbia tribunal has ruled that Porter Airlines must compensate a passenger who was denied boarding, highlighting consumer rights in air travel disputes.
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Diageo Factory Early Closure Blindsides Unifor Workers
Workers at the Diageo facility in Amherstburg, Ontario, express shock after the company announced an early closure, impacting local employment and raising concerns about corporate transparency.
Kalshi Fines MrBeast Employee for Insider Trading
Prediction market platform Kalshi has fined and suspended an employee of YouTube star MrBeast for insider trading, marking one of the first public disciplinary actions in the fast-growing industry.
American Express to Anchor Final WTC Tower in NYC
The last office tower at the World Trade Center site, 2 WTC, will be built as the new headquarters for American Express, designed by Foster+Partners, marking a milestone in Lower Manhattan's redevelopment.
Canadian and U.S. Stock Markets Rally with Gains
The S&P/TSX composite index surged over 220 points, while U.S. stocks also advanced, reflecting positive market momentum amid economic developments.
Loblaw Q4 Revenue Rises 3.5% with E-commerce Surge
Loblaw Companies Ltd. reported a 3.5% increase in Q4 2025 revenue to $15.47 billion, driven by higher customer traffic and a nearly 20% jump in e-commerce sales.
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Cargojet Earnings: Tariffs Dent Business, CEO Cites Dual Impact
Cargojet's latest financial results present a complex picture, with CEO Ajay Virmani highlighting how new tariffs are negatively affecting certain segments while other areas show resilience in the air cargo market.
Canada's IPO Market Revival with AGT, Apotex Deals
After years of stagnation, Canada's IPO market is showing signs of revival with AGT Food and Ingredients seeking $460 million and Apotex targeting up to $1 billion in public offerings.
Surrey Greenhouse Manager Sued for $7M Over Fake Invoices
A long-time manager at Burnaby Lake Greenhouses in Surrey is being sued for over $7 million after allegations surfaced that he created fake invoices to a company he owned, with the scheme reportedly lasting over a decade.
Muskoka Brewery Unveils New Packaging for 30th Year
Muskoka Brewery reveals refreshed packaging designs across its core portfolio to mark three decades of brewing in Ontario's cottage country, featuring modern updates while honoring regional heritage.
Nvidia Earnings Test for AI-Obsessed Stock Market
Nvidia's upcoming earnings report arrives amid market jitters over AI sustainability, with investors questioning massive tech investments despite anticipated strong results from the chip giant.
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Lowe's Downbeat Forecast as Home Remodels Deferred
Lowe's has provided a subdued annual forecast, citing a trend where customers are postponing expensive home improvement projects amid economic uncertainty.
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