Home Prices Shift Wedding vs. Home Priorities
A Royal LePage survey reveals that most young Canadian couples now prioritize saving for a home over spending on a wedding, reflecting housing affordability challenges.
Category : Business
Estée Lauder Exits Puig Talks, Maintains M&A Firepower
Estée Lauder has withdrawn from acquisition talks with Puig, preserving its financial strength for targeted mergers and acquisitions in the beauty sector.
Windsor Council OKs Howard Avenue Apartment Project
Windsor city council has approved a six-storey apartment building on Howard Avenue with 90 units and 110 parking spaces, despite opposition from residents concerned about traffic and density.
Applied Aerospace & Defense Targets $3.59B in IPO
Applied Aerospace & Defense aims for a $3.59 billion valuation in its US IPO, signaling strong investor interest in defense and aerospace sectors.
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Bitcoin Volatility Hits Nine-Month Low as Crypto Cools
Bitcoin's expected volatility fell to a nine-month low, with the Volmex Implied Volatility Index dropping to 36.11, as subdued trading and shifting speculative interest dampen demand.
ASUS Appoints Vernon Coutinho Canada Country Manager
ASUS appoints Vernon Coutinho as Country Manager for Canada System Business Group, hosts Business Summit 2026 in Toronto to accelerate B2B growth and AI-ready adoption.
Windsor-Detroit Tunnel Open for Grand Prix Weekend
The Windsor-Detroit Tunnel remains open during Grand Prix weekend. Motorists are encouraged to plan ahead for potential delays and consider alternate routes.
Warning to Critical Minerals Buyers: Avoid Butter Mountains
A Reuters report warns critical minerals buyers to avoid market gluts like butter mountains and aluminum floods, as insolvencies hit 2009 levels.
Driver Killed in Fiery Crash on Crowchild Trail
A driver was killed in a single-vehicle crash on Crowchild Trail in Calgary on May 26, 2026. The vehicle caught fire, and the driver died at the scene. Investigation is ongoing.
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Survey: Fewer Canadians Plan Summer Travel, Gen Z Bucks Trend
A new survey reveals fewer Canadians intend to travel this summer due to inflation, but Generation Z is increasing travel plans, bucking the overall trend.
BP Ousts Chairman Over Misconduct
BP has removed Chairman Albert Manifold, citing conduct issues. The surprise move comes amid broader corporate reshuffling and financial challenges.
Canadian Insolvency Filings Hit Great Recession Levels
Insolvency filings in Canada reached highs not seen since the Great Recession, with homeowner insolvencies up 11% and non-mortgage debt rising sharply, according to Equifax.
Over 35% of Canadians Plan to Cut Summer Spending: TD
A TD survey reveals that 35% of Canadians plan to spend less this summer due to inflation, with Gen Z bucking the trend by increasing spending on travel and concerts.
Virtus REIT Partners with iCapital for Advisor Access
Virtus Diversified REIT announces a strategic partnership with iCapital to streamline access to private real estate for Canadian wealth advisors through a new Access Fund.
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Aduro Clean Technologies Starts TSX Trading Under ACT
Aduro Clean Technologies receives TSX listing approval, trading begins May 27 under symbol ACT, delisting from CSE while maintaining Nasdaq and Frankfurt listings.
Fuel Prices Reshape Canadian Summer Travel Plans
High fuel costs and economic pressures are altering Canadian summer plans, with more staying local. Insolvency rates hit 2009 highs, impacting travel budgets.
BP Removes Chairman Albert Manifold in Surprise Move
BP has unexpectedly removed Chairman Albert Manifold, signaling major boardroom changes. The move comes amid broader corporate shifts and market reactions.
Oil Rebounds as Hormuz Strikes Cloud Iran Deal Outlook
Oil prices rebounded after U.S. strikes near Hormuz, with Brent rising toward $100. Talks continue amid uncertainty over reopening the strait.
4 dead, 5 hurt in Belgium train-school bus crash
A train collided with a school bus in Buggenhout, Belgium, killing four and injuring five. Rescue operations are underway as authorities investigate the cause.
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EB Hwy. 401 Express Lanes Reopen After Crash in Mississauga
Eastbound Hwy. 401 express lanes in Mississauga have reopened following a multi-vehicle collision that caused major delays. Drivers advised to plan alternate routes.
Canadian Bank Profits to Grow Amid Rising Insolvencies
Canadian banks face profit growth but rising insolvencies and weak housing market. Equifax reports insolvency volumes highest since 2009.
UAE Pipeline Bypasses Hormuz in Months, Canada Still Waiting
While Canada takes decades to build pipelines, the UAE fast-tracks a Strait of Hormuz bypass in months. A stark contrast in oil infrastructure efficiency.
Barrie Housing Starts Surge 173% in Early 2026
Barrie, Ontario sees a 173% spike in housing starts early 2026, driven by demand and policy support, according to recent data.
EB Hwy. 401 Express Lanes Blocked After Multi-Vehicle Crash
Eastbound Hwy. 401 express lanes are closed in Mississauga following a multi-vehicle collision. Drivers advised to use alternate routes as cleanup continues.
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Failed Transactions Rise in Canada's Slumping Real Estate Market
A new survey reveals failed transactions are increasing in Canada's real estate market, with financing issues and geopolitical uncertainty cited as major factors.
Go Brands Launches Five New Light Cannabis Products
Go Brands expands its light cannabis portfolio with five new SKUs under Feather Weight, Sun Kissed, and Lite Bites, targeting controlled consumption and broader consumer appeal.
McFarlane Mobilizes Third Drill for 826 Zone Strike Extension
McFarlane Lake Mining mobilizes a third drill to test strike extensions of the 826 Zone at the Juby Gold Project, following geophysical targeting that identified new priority targets.
Dundee Infill Drilling Results at Shovelnose Project
Dundee Corporation announces positive infill drilling results from Westhaven's Shovelnose gold and silver project in British Columbia, with high-grade gold and silver intercepts.
Alberta Finance Minister Pledges Prudence with Oil Windfall
Jason Nixon, reappointed as Alberta's finance minister, warns against spending temporary oil revenues, emphasizing long-term fiscal responsibility over short-term gains.
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Fatal Motorcycle Crash in East York: Bayview Closed
A male motorcyclist died after colliding with a car in East York. Bayview Avenue is closed at Pottery Road as police investigate.
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