Canada’s major airlines have significantly scaled back flights to the United States over the past year as passenger demand for transborder travel weakened, prompting carriers to restructure their route networks toward the Caribbean, Latin America and other international destinations. This shift reflects broader changes in traveller behaviour, with many Canadians opting for alternatives to U.S….
U.S. financial markets are increasingly factoring in policy decisions from the White House, particularly actions and rhetoric that touch on trade with China, tariffs, and regulatory stance, as well as broader economic strategies that could influence investor confidence and risk appetite. These policy developments are cited as a significant force moving U.S. stock futures and…
Oil prices climbed on Thursday after two days of declines as market participants shifted their attention to developments involving Venezuela and proposed U.S. sanctions legislation, offering support to crude benchmarks despite ongoing concerns about global oversupply. By mid-morning trading in London, Brent crude futures were up about 1 per cent at roughly US$60.55 per barrel,…
Importers, customs professionals, and trade lawyers are gearing up for a major legal and financial showdown in the United States tied to the validity of sweeping tariffs enacted in recent years. At stake is not just future trade policy but a potential fight over up to $150 billion in tariff duties already paid — a…
Shares of MDA Space Ltd. — the Toronto-listed space and defence technology company — climbed after the firm announced that it had been selected to participate in a major U.S. defence programme led by the U.S. Missile Defense Agency (MDA). The award places the Canadian aerospace specialist in a position to compete for future task…
Minto Apartment Real Estate Investment Trust (REIT) has agreed to be acquired and taken private in a transaction valued at approximately $2.3 billion, ending its tenure as a publicly traded company. Under the terms of the deal, unitholders will receive a fixed cash price per unit, providing them with immediate liquidity and a modest premium…
Following dramatic political changes in Venezuela in early January 2026, global energy markets are pricing in a potential return of major oil companies to the country’s vast, underdeveloped oil patch. Venezuela holds some of the world’s largest proven crude reserves, mostly in heavy and extra-heavy grades. Production has languished for years due to mismanagement, sanctions,…
Nearly 150 countries agreed to update a major global minimum corporate tax framework, but U.S.-based multinational companies will be exempt from the 15 per cent global minimum tax under the revised arrangement. This carve-out was secured through negotiations involving the United States and other Group of Seven nations and significantly alters how the global tax…
U.S. political leadership has signalled a major shift in Washington’s approach to Venezuela after a dramatic military operation led to the capture and removal of President Nicolás Maduro. In the wake of those events, former U.S. President Donald Trump asked Secretary of State Marco Rubio to take the lead on shaping policy and overseeing economic…
The first day of the annual Consumer Electronics Show (CES) in Las Vegas delivered a wave of innovative technology and high-impact announcements that highlight where the tech industry is heading in 2026. While major chipmakers and established players showcased expected advances, several emerging themes captured attention for their potential to drive future products and industry…
In the latter part of 2025, Canadian mortgage borrowers largely held back from taking on new debt or refinancing, reflecting how elevated interest rates continued to temper housing demand and influence household financial decisions. Rather than rushing into the market, many prospective buyers and existing homeowners opted to delay borrowing plans, waiting for clearer signals…
A recent commentary warns that capital flows are highly responsive to tax regimes, energy policy, and overall economic competitiveness, and countries that fail to provide a favourable environment risk seeing investment and wealthy individuals move elsewhere. In other words, money tends to flow toward jurisdictions that offer lower taxes and stronger opportunities for growth, and…
Gold prices steadied recently as traders shift their focus from short-term market noise to broader economic and monetary trends that could influence bullion’s performance in 2026. After bouts of volatility tied to mixed economic data, shifting yield curves, and currency swings, precious-metals markets are balancing near current levels while investors reassess the outlook for inflation,…
Conservative Leader Pierre Poilievre has called on the federal government to immediately approve a major oil pipeline to Canada’s Pacific coast amid changes in the global energy landscape and concerns about foreign competition for market share. Poilievre argues that Canada needs to act swiftly to ensure its crude exports remain competitive and to avoid being…
Consulting firm Deloitte is maintaining its existing crude oil price outlook for 2026 and beyond, even in the wake of recent geopolitical developments that briefly roiled energy markets. Although oil prices briefly rose on renewed uncertainty around Venezuelan supply, the firm’s forecast remains anchored to fundamentals that point toward moderate pricing rather than a sharp…
