AMD's AI Forecast Disappoints Despite Strong Q4 Numbers
AMD reported strong fourth-quarter earnings but disappointed investors with its AI revenue forecast. The chipmaker faces challenges competing with Nvidia in the lucrative AI processor market.
Category : Business
Pedestrian Critical After Etobicoke Collision
A male pedestrian was critically injured after being struck by a vehicle in Etobicoke on February 3. Toronto Paramedic Services responded to the scene near Dundas Street West and Acorn Avenue.
Serious Pedestrian Injury in Etobicoke: Police
A pedestrian was hit in Etobicoke, sustaining injuries described as serious by Toronto police. The incident underscores ongoing road safety concerns in the city.
Alamos Gold Expands Island Gold District to 20,000 TPD
Alamos Gold announces expansion of Island Gold District to 20,000 tonnes per day, creating one of Canada's largest and lowest cost gold mines with strong economics including 69% IRR.
Eglinton Crosstown LRT Opens Sunday After 15 Years
The TTC Board announces the long-awaited opening of the Eglinton LRT this Sunday, with free fares on launch day, marking the end of a 15-year construction saga.
American Veteran Apologizes to Canada Over Trump Tariff Threat
An 80-year-old U.S. Navy veteran expresses shame over Donald Trump's 100% tariff threat against Canadian goods, apologizing to Canadians in a heartfelt letter published by the Montreal Gazette.
Musk's SEC Twitter Lawsuit Dismissal Bid Rejected
A federal judge has denied Elon Musk's attempt to dismiss an SEC lawsuit alleging he delayed disclosing his Twitter stake, costing shareholders over $150 million.
Toys 'R' Us Canada Seeks Creditor Protection
Toys 'R' Us Canada has filed for creditor protection under the CCAA, facing nearly $500 million in liabilities while keeping stores open temporarily amid retail challenges.
Manitoba Hydro Files Long-Term Roadmap with PUB
Manitoba Hydro has submitted its comprehensive long-term strategic roadmap to the Public Utilities Board, outlining future energy plans for the province.
Montreal NDG Tenant Suffers 10 Days of Burst Pipes
A Montreal resident in NDG faces extensive apartment damage after burst pipes and freezing temperatures persisted for over a week, highlighting housing issues.
Manitoba Businesses Worry About Trade, Economy: Survey
A new survey of 157 Manitoba business leaders reveals trade disruption and economic uncertainty as their primary concerns, highlighting challenges facing provincial commerce.
B.C. Island Water Advisory Ends, Bridge Closure Extended
Residents of a Metro Vancouver island community face extended bridge closure to pedestrians after damage assessment, while boil water advisory is finally lifted.
Submarine Bids May Bring Economic Benefits to Maritimes
A South Korean firm is considering significant investments in the Maritimes through submarine bids, potentially creating jobs and stimulating regional economic growth amid national recession concerns.
B.C. Tribunal Settles 'Odourous Rat Carcass' Condo Dispute
A British Columbia tribunal has ruled in a condo dispute involving a decomposing rat carcass trapped in a wall, highlighting urban pest control challenges and strata governance issues in Vancouver's dense housing market.
Montreal Blue-Collar Workers Strike After 17 Years
Approximately 6,000 Montreal blue-collar workers represented by CUPE Local 301 are staging a 24-hour strike over wage negotiations, marking their first walkout in nearly two decades.
School Bus Rear-Ended in Barrie During Rush Hour
A school bus was struck from behind during the busy morning commute in Barrie, Ontario. The collision occurred on Tuesday, February 3, 2026, raising concerns about student safety and traffic conditions.
Delta's Westham Island Bridge Closed to Pedestrians for Repairs
TransLink has closed pedestrian access to Westham Island Bridge in Delta, B.C., for complex repairs after tugboat damage, forcing residents to use water taxis for weeks.
Toys 'R' Us Canada Files for Creditor Protection
The Canadian subsidiary of the iconic toy retailer has filed for creditor protection, marking a significant development in the nation's retail landscape as it navigates financial restructuring.
Alberta Oil Production Sets New Record in 2025
Alberta's oil industry has achieved another annual production record, with output reaching unprecedented levels in 2025. This milestone underscores the sector's continued economic importance amid ongoing national energy debates.
Canada Works to Resolve Gulfstream Dispute After Trump Threat
The Canadian government is collaborating with U.S. authorities and manufacturers to address certification issues for Gulfstream jets, following President Trump's threat of tariffs on Canadian aircraft.
Ottawa Couple Wins $380K in Hospital Lottery
An Ottawa couple has won $380,000 in the Health Sciences North 50/50 lottery, which funds critical healthcare equipment and research in northeastern Ontario.
Canada Resolves Gulfstream Dispute After Trump Threat
Canadian government collaborates with FAA and manufacturers to address certification issues for Gulfstream jets after President Trump threatened 50% tariffs on Canadian aircraft.
Eldorado Gold Buys Foran Mining for $3.8 Billion
Eldorado Gold Corporation has finalized a $3.8 billion acquisition of Foran Mining Corporation, accelerating development of Saskatchewan's McIlvenna Bay copper-zinc project pending regulatory approvals.
TTC Line 2 Subway Service Halted, Shuttle Buses Running
Toronto Transit Commission suspends subway service on Line 2 between Broadview and Victoria Park stations due to an unspecified issue, with shuttle buses operating as an alternative for commuters.
Neo Financial Raises $68.5M to Expand Lending in Canada
Calgary-based fintech Neo Financial raised $68.5 million from over 100 investors, far exceeding expectations. The funding will enable the company to expand lending to Canadians and access securitization markets for growth.
London's Accuride Plant Converts to Multi-Purpose Site
The former Accuride manufacturing facility in London, Ontario, is being redeveloped into a versatile multi-purpose site. This transformation occurs as the city's industrial vacancy rate stabilizes, reflecting broader trends in the regional real estate mar
OPP Charges 3 Drivers for Excessive Speeding in Ottawa
Ontario Provincial Police charged three drivers with stunt driving on Highway 417 in Ottawa after clocking speeds up to 184 km/h. Additional charges and vehicle impounds were issued.
Toronto Rental Market Faces Temporary Condo Glut
Toronto renters are enjoying favorable conditions with record condo supply and falling rents, but experts warn this window of opportunity is closing as construction slows.
Canadian Beef to Re-enter China Market Within a Month
Alberta's beef industry anticipates a major market reopening in China within the next month, as trade relations show signs of improvement following recent diplomatic discussions.
Hyundai Rotem Wins Second Edmonton LRT Contract for Expansions
Hyundai Rotem has been awarded a second contract to supply light rail vehicles for Edmonton's Metro and Capital Line expansions, marking a significant step in the city's transit infrastructure development.
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