The recent runway collision at New York’s LaGuardia Airport has not only triggered safety investigations but is also opening the door to potential lawsuits from survivors and victims’ families. The incident, involving an Air Canada Express jet and a fire truck, resulted in the deaths of two pilots and injuries to dozens, raising serious questions…
Canadians are once again feeling pressure at the pump—and this time, the impact may not stop there. Rising gas prices, driven largely by global oil market disruptions, are expected to spill over into everyday expenses, particularly food. The main driver behind the surge is the ongoing geopolitical tension in the Middle East, which has tightened…
Canada’s retail sector showed signs of recovery at the start of 2026, with retail sales rising in January after a weak December. According to early estimates from Statistics Canada, total retail sales increased by roughly 1.5% month over month, signaling a bounce back in consumer spending. This rebound follows a decline of about 0.4% in…
Global oil markets are experiencing extreme volatility, with prices on track for another strong weekly gain as geopolitical tensions continue to escalate in the Middle East. Ongoing attacks on energy infrastructure and disruptions to key supply routes have significantly tightened global oil supply, pushing prices higher throughout the week. Crude oil prices have been swinging…
Canada’s central bank is walking a tightrope. While inflation has recently cooled, economists are warning that the Bank of Canada could risk falling behind if it waits too long to respond to rising price pressures. Recent data shows inflation easing to around 1.8%, offering temporary relief. However, this decline may not last. A key concern…
Bitcoin continues to move in response to signals from the U.S. Federal Reserve, highlighting how closely the cryptocurrency market is tied to broader macroeconomic conditions. Recent developments around interest rates have once again influenced price action, with investors adjusting expectations based on the Fed’s outlook. The Federal Reserve recently decided to keep interest rates unchanged,…
Global financial markets are facing renewed volatility as a sharp rise in oil prices triggers a broad sell-off in government bonds. Investors around the world are dumping bonds, pushing yields higher as concerns grow that rising energy costs could reignite inflation. A key factor behind the market turmoil is escalating geopolitical tension in the Middle…
Canada and Japan have signed a new strategic partnership agreement aimed at expanding cooperation in defence, energy security, trade, and advanced technology. The deal reflects growing concerns about global instability and the need for stronger collaboration between like-minded nations. The agreement was finalized during a meeting in Tokyo between Canadian Prime Minister Mark Carney and…
Canada’s labour market is undergoing a significant shift as the role of immigration becomes a central driver of workforce growth. With the population aging and birth rates remaining relatively low, newcomers are increasingly filling gaps in both skilled and unskilled sectors. As a result, immigration is set to contribute more to labour force expansion than…
Fuel prices in Canada and globally have climbed once more, driven by a renewed uptick in crude oil costs. Drivers are feeling the impact at the pump, and the latest moves in energy markets reflect supply pressures, geopolitical risk, and broader market dynamics rather than just seasonal trends. Oil Leads the Move HigherAt the heart…
The United States government is considering changes to its tariffs on imported steel and aluminum, a move that could reshape trade dynamics for exporters, producers and manufacturers on both sides of the border. Originally implemented to shield domestic industries from foreign competition, these levies have been a flashpoint in global trade negotiations for years. The…
Canada’s inflation rate slowed unexpectedly in January, providing welcome relief for consumers and policymakers alike. Headline inflation eased to 2.3% year-over-year, down from prior months and below many forecasts, suggesting that price pressures were beginning to moderate across the economy. This deceleration was broad-based, with several key categories contributing to the softer reading. Among the…
A British Columbia–based development firm has confirmed that a planned sale of a large industrial property in Virginia to a U.S. federal agency will no longer move forward. The warehouse, located in Ashland, Virginia, had been under contract with a U.S. government contractor linked to the Department of Homeland Security, which intended to convert the…
Trade tensions between the United States and Canada have escalated sharply as U.S. leadership has issued a series of aggressive tariff threats that could reshape cross-border economic relations in 2026. The actions are tied to upcoming negotiations over the United States–Mexico–Canada Agreement (USMCA), a major trade pact underpinning economic integration across North America, and concerns…
A growing number of Canadian residents have returned home from trips to the United States, signaling a broader rebound in travel activity after a period of muted movement between the two countries. The latest data show an uptick in cross-border traffic, with more travelers heading south for leisure, business, and family visits and subsequently returning…
