The chair of the World Trade Organization has issued a ruling rejecting a proposed package of reforms that had been supported by several of the organization’s largest members. The move highlights deep divisions within the global trading body over how to modernize and strengthen international trade rules in response to changing economic realities. With negotiations…

Canada Post says it is fully ready to handle the annual surge in mail and parcel deliveries during the busy holiday season. Each year at this time, the volume of shipments — especially packages from online shopping — can be many times higher than during the rest of the year. To manage this increase, the…

A recent survey shows that a growing number of Canadians feel the cost of living has reached its most difficult level in years, driven by persistent price increases for everyday essentials and ongoing inflationary pressure. Despite some improvements in broader economic indicators, many households continue to struggle with higher costs for food, housing, transportation, and…

European Union leaders are moving toward a set of unprecedented policy actions aimed at managing growing migration flows and reinforcing external borders. Faced with sustained pressure from increased arrivals and a complex mix of humanitarian, political, and security considerations, EU officials are discussing coordinated measures intended to balance orderly migration with the bloc’s legal obligations…

Warner Bros. is urging its shareholders to vote against a slate of proposals put forward by an activist investor group that has been pushing for major changes at the company. The management team argues that the activist demands — which include board turnover and strategic shifts — would disrupt ongoing operations and derail long-term plans…

The United States is gearing up to impose a fresh package of sanctions aimed at Russia in response to ongoing geopolitical tensions and actions by Moscow’s leadership. These measures are designed to further isolate key individuals, financial networks, and strategic sectors that underpin Russia’s ability to sustain its military and economic activities. The announcement underscores…

The Canadian government has formally approved the high-profile merger between Britain’s Anglo American and Canada’s Teck Resources to create a new global mining leader focused on critical minerals and copper production. Federal Industry Minister Mélanie Joly determined that the deal will provide a net benefit to Canada’s economy, moving the plan forward under the country’s…

The leader of Canada’s national passenger rail service has announced plans to step down, marking a significant leadership change as the company navigates major operational and strategic challenges. The departure comes at a time when the rail operator is balancing financial pressures, service modernization efforts, and shifting travel patterns in a post-pandemic environment. While the…

Oil markets climbed after the United States government ordered a blockade on fuel shipments from selected locations, a move aimed at tightening supplies and exerting pressure on global energy flows. The announcement sent immediate ripples through commodity markets, as traders and analysts recalibrated supply expectations. With crude inventories already under scrutiny due to recent geopolitical…

The federal and Ontario governments have reached a funding agreement aimed at reducing class sizes and strengthening education outcomes in the province. The deal commits significant new dollars to Ontario’s school system, with a particular focus on early grades where smaller class sizes are linked to better learning outcomes and more individualized attention for students….

A recently introduced customs processing system in Canada is drawing criticism from businesses, logistics firms, and trade professionals who say it has made cross-border operations more complicated rather than more efficient. The digital platform was designed to modernize customs reporting and streamline import and export procedures, but early implementation issues have caused delays, confusion, and…

Concerns are growing about the financial position of young Canadians, as rising living costs and economic pressures reshape how this generation saves, spends, and plans for the future. Compared with previous generations, many young adults today are entering the workforce facing higher housing prices, heavier debt burdens, and slower wage growth relative to expenses. These…

Gold stocks have delivered an impressive run recently, raising the question of whether the momentum can continue into 2026. A combination of macroeconomic uncertainty, central bank behavior, and shifting investor sentiment has helped push gold prices higher, lifting mining stocks along with them. While the rally has been powerful, its sustainability will depend on how…

Canada’s housing market showed renewed signs of weakness in November, with home sales dropping sharply compared with earlier periods. The slowdown reflects a combination of high borrowing costs, affordability challenges, and cautious buyer sentiment that continues to weigh on activity across many regions. While the market had shown brief signs of stabilization earlier in the…

Canada’s immigration minister is facing growing scrutiny as the country grapples with the complex task of balancing population growth, economic needs, and mounting strain on housing, healthcare, and public services. While immigration remains a cornerstone of Canada’s long-term economic strategy, the pace and scale of recent inflows have sparked debate about whether the system is…