Iran Ceasefire Impact on Maritime Gas Prices Analyzed
A proposed ceasefire in Iran could lead to a significant drop in gas prices across the Maritimes by the end of the week, with experts predicting a 12-cent-per-litre decrease.
Category : Business
Alberta's Care-First Auto Insurance Plan Faces Criticism
Alberta's proposed no-fault auto insurance system, dubbed Care-First, is under fire for potentially increasing premiums while stripping drivers of compensation rights. Critics argue it prioritizes insurer profits over consumer protection.
Dollar Erases 2026 Gains After Iran Ceasefire Saps Haven Demand
The U.S. dollar slumped sharply, erasing its 2026 gains after a ceasefire between Iran and the United States triggered a global relief rally. Traders increased bets on Federal Reserve rate cuts as oil prices tumbled and market volatility eased.
Ideal Weather to Boost Eastern Shore Lobster Fishery from Thursday
Meteorologists forecast perfect weather for the Eastern Shore lobster fishery, starting Thursday, promising optimal conditions for fishers and boosting local economic prospects.
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Family Testifies at Inquest Over Sudbury Miner's Death
The coroner's inquest into the death of Mark Beskorowany, a Sudbury miner nearing retirement, began with emotional statements from his wife and daughter, highlighting the family's anguish.
CAE Lays Off 280 Workers Amid Aviation Headwinds
Aviation training giant CAE Inc. is cutting approximately 280 jobs, with 180 positions eliminated in Quebec, as the company navigates ongoing challenges in the global aviation sector.
Ottawa Road Closures for Rideau Canal Skateway Equipment Removal
Sections of Queen Elizabeth Driveway and Colonel By Drive in Ottawa will close temporarily to facilitate the removal of equipment from the Rideau Canal Skateway, as announced by the National Capital Commission.
Buyer Allowed to Cancel $2.6M Home Purchase After Flood
A British Columbia court has ruled that a buyer was legally entitled to back out of a $2.6-million home purchase in Richmond after discovering flood damage, setting a precedent for property transactions.
Edmonton Transit Garage Capacity Cut, Costs Hit $670M
Edmonton's planned Southeast Transit Garage will hold only 255-290 buses, down from 430, costing $670 million by 2031. Councillor Erin Rutherford expresses disappointment over the reduced capacity.
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New Brunswick Highway Closed After Collision, Emergency Crews On Scene
A major highway in New Brunswick was closed on April 8, 2026, as emergency crews responded to a collision. The incident disrupted traffic and required extensive response efforts from local authorities.
OPP Lay Hundreds of Charges in Easter Traffic Blitz
Ontario Provincial Police in the West Region conducted a major traffic enforcement operation over the Easter weekend, resulting in hundreds of charges for various driving offenses.
Saskatchewan Residents Report Worsening Finances: Angus Reid
A new Angus Reid survey reveals that nearly 50% of Saskatchewan residents feel their finances have deteriorated compared to last year, with many expecting further decline.
OPP Warns of Business Scam After Ottawa Valley Fraud
Ontario Provincial Police issue a warning about a scam targeting businesses, following a recent fraud incident in the Ottawa Valley that resulted in significant financial losses.
Gold Pares Gains on Iran Ceasefire Violation Claims
Gold prices pared earlier gains after Iran's parliament speaker stated that a temporary ceasefire agreement with the U.S. has been violated. Bullion has fallen about 10% since the Middle East conflict began in late February.
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E.C. Row Expressway Westbound Closed Due to Crash in Windsor
A significant traffic collision has forced the closure of all westbound lanes on Windsor's E.C. Row Expressway, causing major disruptions during the evening commute. Authorities are on scene investigating.
Gold Retreats After Iran Claims U.S. Violated Ceasefire
Gold prices pared earlier gains following statements from Iran's parliament speaker alleging violations of a temporary ceasefire agreement with the United States, impacting global markets.
CAE Cuts 280 Jobs, Including 180 in Quebec
Montreal-based aerospace company CAE has eliminated 280 positions, with 180 of those job losses occurring in Quebec, as part of a strategic restructuring effort announced in early April 2026.
Winnipeg Woman Scammed by Fraudsters Posing as Bank
A Winnipeg resident speaks out after losing thousands to scammers pretending to be her bank, highlighting the rise of sophisticated financial fraud targeting Canadians.
Canadians Leave $10K+ in Wills for Pets, Study Shows
A new study by Willful finds 36% of Canadians include pets in wills, with average cash gifts exceeding $10,000 for guardians. Dog owners lead in estate planning, while horse owners allocate the highest amounts.
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CAE Cuts 280 Jobs in Restructuring Ahead of Business Update
Canadian flight simulator company CAE Inc. is cutting approximately 280 positions globally as part of a restructuring led by new CEO Matthew Bromberg, with impacts in contracts, procurement, and technical areas.
Accolad Launches Global Employee Recognition with Gift Cards
Accolad Technologies introduces a comprehensive global employee recognition platform featuring localized gift card catalogs across 45+ countries, enabling organizations to reward distributed international teams with culturally relevant incentives.
Alberta Should 'Step Up' in Global Uncertainty: Canada West CEO
Canada West CEO Gary Mar discusses how a ceasefire in Iran impacts Alberta's economy and calls for provincial leadership during global instability.
CAE Cuts 2% of Global Workforce in Restructuring Move
Canadian flight simulator manufacturer CAE Inc. is eliminating approximately 280 positions worldwide as new CEO Matthew Bromberg implements a transformation plan ahead of a May business strategy update.
Canadian Oil Premium Hits Two-Year High on Gulf Coast
Canadian heavy crude for June delivery trades at a US$13.55 premium on the U.S. Gulf Coast compared to Alberta prices, the widest spread since December 2023, driven by Middle East supply disruptions.
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Copper Hits Three-Week High on Iran Ceasefire Sentiment
Copper prices surged to a three-week high as a proposed ceasefire between the U.S. and Iran boosted risk appetite, though aluminum fell due to supply concerns in the Middle East.
3,000+ B.C. Drivers Ticketed in Distracted Driving Campaign
British Columbia's Highway Patrol issued thousands of tickets during a focused enforcement campaign targeting distracted driving, highlighting ongoing road safety efforts.
Horses Atelier Clothing Brand to Close After 14 Years
The Toronto-based clothing brand Horses Atelier is shutting down after operating for 14 years, marking the end of an era for the Canadian fashion industry.
Economists Propose Gas Price Relief Beyond Tax Cuts
As gas prices surge, economists argue that tax cuts are not the sole solution. They recommend targeted subsidies, public transit investments, and income supports to assist Canadians more effectively.
Ottawa Council Rejects Private Rural Bus Service Motion
A motion to explore private bus services in Ottawa's rural areas has failed at city council, leaving rural transit options unchanged amid ongoing public transportation challenges.
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Tecumseh Road Lane Closures in Windsor for 3 Weeks
Major lane closures on Tecumseh Road in Windsor, between Rose City Ford and Roseville Garden Drive, are scheduled to persist for three weeks due to ongoing construction work, impacting local traffic flow.
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