Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
Category : Business
Onex and AIG Buy Convex Group in $7B Insurance Deal
Canadian private equity giant Onex partners with AIG in landmark insurance acquisition, signaling major consolidation in the specialty insurance market.
Westboro Mortgage Fund Wins 2025 Canadian Hedge Fund Award
Ottawa-based Westboro Mortgage Investment Fund earns prestigious industry recognition, showcasing excellence in Canadian alternative lending and investment management.
CPKC Q3 Revenue Hits $3.2B as Freight Volumes Surge
Canadian Pacific Kansas City shatters expectations with $3.2B Q3 revenue as freight volumes climb. Discover how this railway giant is driving North American trade.
Shell Outperforms TotalEnergies in Q2 Earnings
Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.
Meta & Microsoft's AI Spending Tests Investor Patience
As tech giants Meta and Microsoft pour billions into artificial intelligence infrastructure, investors are growing restless waiting for returns. Discover how massive AI spending is reshaping the tech landscape and testing Wall Street's patience.
IperionX Q1 2025: Strong Titanium Production Growth
IperionX reports robust quarterly results with significant progress in titanium production and strategic expansion in the United States, positioning for sustainable growth.
Sinkhole Shuts Down Highway 9 in King City
Emergency repairs on Highway 9 in King City have created major disruptions for morning commuters after a significant sinkhole forced complete closure of the vital route.
Canadian workers strongly support workplace equity programs
New research reveals strong majority support for equity, diversity and inclusion programs in Canadian workplaces, with backing spanning generations and political affiliations.
Chipotle shares drop amid inflation, tariff pressures
Rising costs from inflation and new tariffs are putting pressure on Chipotle's bottom line, causing shares to drop as the popular restaurant chain navigates economic challenges.
Bank of Canada Rate Cuts Still Possible in 2024
Despite stubborn inflation, economists reveal why interest rate cuts remain on the table for 2024 and how Canadians should prepare for potential financial shifts.
Manufacturing Downtime Costs $852M Weekly - New Report
New research exposes staggering financial losses from unexpected equipment failures in manufacturing, with companies losing up to $852 million weekly due to unplanned downtime and outdated maintenance strategies.
Brandt CEO unveils Regina entertainment mega-project
Regina is set to transform with a revolutionary entertainment mega-project announced by Brandt CEO. Discover how this $500M development will reshape the city's landscape and create thousands of jobs.
Tim Hortons sales surge beyond expectations
Restaurant Brands International reports stronger-than-expected sales growth at Tim Hortons, driven by resilient Canadian demand and successful menu innovations.
Corus Entertainment Reports $277.1M Q4 Loss
Canadian media giant Corus Entertainment faces significant financial challenges with massive fourth-quarter losses and declining advertising revenue, signaling tough times for broadcast sector.
Canadian Pacific Profits Leap Despite Trade Uncertainty
Despite US tariff turmoil and ongoing merger speculation, Canadian Pacific Railway reports impressive Q3 earnings growth, showcasing remarkable resilience in challenging economic conditions.
Target's 2025 Advent Calendars: Early Launch Guide
Discover why Target is launching Advent calendars months early for 2025, featuring exclusive brands, sweet treats, beauty surprises, and festive toys that are selling fast.
Anthropologie Expands Into Gourmet Food Market
Discover how Anthropologie is revolutionizing retail by bringing artisanal foods and curated culinary experiences to their home decor empire across Canada.
Canadian Oil Sands Outshining U.S. Energy Peers
A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.
Altar Project: 48-Year Mine Life, US$2B NPV in New PEA
Aldebaran Resources reveals robust economics for its Altar copper-gold project in Argentina, forecasting nearly five decades of mining operations and impressive financial returns.
Premier American Uranium Reveals Strong Cebolleta Project Economics
New preliminary economic assessment shows robust project economics and enhanced mineral resources at the Cebolleta Uranium Project, positioning it as a significant domestic uranium source.
Inflection Resources Finds Major Copper-Gold Targets in Australia
Australian explorer Inflection Resources reveals significant copper-gold mineralization targets spanning 30km at their Endurance Project, signaling major discovery potential in mining-rich Northern Territory.
Halcones Starts Legal Process for Polaris Project Access
Canadian mining company Halcones Precious Metals Corp. has launched legal proceedings to secure crucial surface rights for its high-potential Polaris Project in Chile's mineral-rich Atacama Region.
Republicans Break With Trump Over Canada Tariffs
Growing Republican opposition challenges Trump's plan for universal tariffs, with key party figures warning of economic fallout and strained Canada relations.
Immigration Cuts Ease Canada's Housing Pressure: TD Report
New TD Economics analysis shows Ottawa's immigration reductions are cooling housing demand and labour market strain, offering temporary relief for Canada's affordability crisis.
Montreal's Airbnb Crackdown: $50K Fines for Illegal Rentals
Montreal implements strict new regulations for short-term rentals like Airbnb, with fines up to $50,000 for violations. Learn how the city is tackling the housing crisis and what it means for property owners.
Ignoring Indigenous Consultation Derails Business Projects
New KPMG research shows Canadian businesses face significant project delays and financial risks when failing to conduct proper Indigenous consultations. Discover why corporate Canada is waking up to this critical issue.
1 in 3 Canadians Hit by Fake Text Scams
New Equifax Canada data reveals a texting scam epidemic sweeping the nation. Learn how to spot fraudulent messages and protect your personal information from sophisticated phishing attacks.
Trump Slashes China Tariffs After Xi Meeting
In a dramatic trade policy reversal, former President Donald Trump announces significant tariff reductions on Chinese goods after private discussions with Xi Jinping during their South Korea summit.
Canadian Airport Control Towers Face Closure
Multiple Canadian airports are losing air traffic control services as NAV CANADA closes control towers, raising concerns about flight delays and regional connectivity.
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