Survey: Canadians cutting holiday spending
New survey reveals 70% of Canadians plan to reduce holiday spending amid economic pressures. Discover how inflation is changing festive traditions across Canada.
Category : Business
Trump warns of $3T loss in Supreme Court tariff case
Trump warns a Supreme Court ruling against his tariffs could cost the US over $3 trillion, as trade experts analyze the legal and economic fallout for Canada and global markets.
Trump suggests 50-year mortgages would be no big deal
Former President Donald Trump proposes 50-year mortgages as housing solution. Analysis of potential impact on Canadian real estate market and homebuyers.
Quebec independence talk makes bond investors nervous
As Quebec's separatist Parti Québécois gains in polls, bond investors are showing nervousness with spreads widening to near-decade highs compared to Ontario debt.
Global Oil Glut Looms, But Reversal Forces Emerge
Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.
Snow plow rolls on Hwy. 417, driver charged by OPP
Ontario Provincial Police charged a G2 driver after a snow removal vehicle overturned on Highway 417 in Ottawa during winter weather. Read details about the incident and safety reminders.
Chinese Fraud Mastermind Jailed for Bitcoin Laundering
Chinese criminal Zhimin Qian sentenced in UK for laundering bitcoin from massive investment fraud scheme. Learn about this landmark cryptocurrency crime case.
Montreal mayor-elect calls on STM unions to pause strike
Montreal mayor-elect Soraya Martinez Ferrada urges STM unions to suspend strike measures, calling the impact on citizens unbearable as negotiations continue.
Bank of Canada survey points to 2027 rate hike
A Bank of Canada survey reveals financial markets expect interest rates to hold at 2.25% before rising in 2027, with a 35% chance of recession. Explore the key economic forecasts.
Montreal Mayor-Elect Asks Transit Unions to Pause Strike
Montreal's newly elected mayor Soraya Martinez Ferrada calls for public transport unions to suspend strike action during critical period. Read the latest developments.
U.S. Flight Cancellations Worsen as FAA Cuts Hit 6%
U.S. air travel chaos deepens as the FAA increases flight operation cuts to 6%, leading to mass cancellations despite a potential government shutdown resolution. Stay informed.
New 'Lucifer' Bee Species Discovered in Australia
Australian scientists uncover a new 'lucifer' bee species with unique dark coloration. Learn about this fascinating discovery and its implications for biodiversity.
North Bay Hospital Cuts 40 Jobs, Union Plans Protest
Unionized workers at North Bay Regional Health Centre will protest Wednesday after hospital announces 40 position cuts to address $5.6 million deficit. Rally planned.
Skydance shares climb on streaming strategy focus
Skydance Media shares rose significantly as the company's strategic bet on streaming content captured investor attention. Discover the details behind this market movement.
Luxury Condo 429 Walmer Targets Forest Hill Residents
Discover 429 Walmer, Toronto's new 48-suite luxury condominium in Forest Hill. Designed for local homeowners downsizing with premium amenities, privacy, and security.
FPT Signs 3 Major Contracts for Agricultural Engines
FPT Industrial secures three long-term contracts with global agricultural manufacturers SDF, JCB, and Lindner, announced at Agritechnica 2025. These deals reinforce FPT's role in powering sustainable and efficient farming equipment for Canadian and global
U.S. billionaire funds B.C. ostrich farm legal defence
American billionaire John Catsimatidis speaks out after funding legal defence for B.C. ostrich farm where 300 birds were culled. 'Something is rotten,' he declares in exclusive interview.
IKEA Canada profit rises despite budget-conscious shoppers
IKEA's largest retailer reports increased profits while adapting to cost-conscious Canadian consumers. Learn how the furniture giant is navigating economic pressures.
Shell fights LNG contract arbitration in New York court
Shell Oil contests arbitration ruling favoring Venture Global LNG over contract disputes. Legal battle intensifies in New York Supreme Court amid broader industry concerns.
Immigration Cuts May Hinder Bank of Canada Rate Relief
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
Moomoo Wins Benzinga Award for Best U.S. Trading Platform
Moomoo Financial Canada earns Benzinga Chairman's Award for Best U.S. Stock Trading Platform, recognized for low-cost trading and AI-powered tools for Canadian investors.
Target cuts prices on 3,000 items for holidays
Target announces major price reductions on 3,000 everyday items just in time for Canadian holiday shoppers. Get ready for significant savings this season.
SoftBank sells $5.8B Nvidia stake for OpenAI focus
Japanese investment giant SoftBank has divested its entire Nvidia position worth $5.8 billion, redirecting capital toward OpenAI and artificial intelligence ventures. Discover the strategic shift.
Ukraine Nuclear Firm Unaffected by $100M Graft Probe
Ukraine's nuclear energy company confirms operations remain stable despite a major $100 million corruption investigation. Learn how the probe impacts energy security amid ongoing conflict.
Government Shutdown Ends, BusinessWorld Shares Mixed
The U.S. Senate votes to end government shutdown as BusinessWorld shares show mixed reaction. Stay informed on market impacts and political developments.
FAA flight cuts cause travel headaches for Canadians
New FAA flight reductions take effect, creating widespread frustration for Canadian business travelers. Learn how these changes impact your travel plans and what to expect.
MEG Energy reports $159M Q3 profit, down from 2024
Canadian oilsands producer MEG Energy reports $159 million in Q3 2025 profit, reflecting year-over-year decline amid changing market conditions. Learn how Alberta's energy sector is adapting.
Quebec tables bill to end STM strike early
Quebec Labour Minister Jean Boulet plans to accelerate back-to-work legislation for striking STM workers. Unions call it an attack on their constitutional rights. Get the latest on Montreal's transit crisis.
535 London Businesses Losing Recycling Service
London councillors express confusion as 535 small businesses and non-profits face blue box collection cancellation starting January 1, 2026. Learn the impacts.
Schneider Electric Accelerates Decarbonization at COP30
Schneider Electric unveils Brazil's potential to lead global industrial decarbonization through electrification and digitalization at COP30, creating 760,000 new jobs.
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