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…
Canada’s provincial governments are increasingly dealing with strained budgets as rising costs for healthcare, infrastructure, and social services outpace revenue growth. Many provinces are warning that fiscal pressures are deteriorating, forcing difficult choices about spending priorities and long-term financial planning. This challenge is unfolding against a backdrop of slower economic growth, higher interest rates, and…
The United States is urging the European Union to grant exemptions related to gas supplies, highlighting growing friction at the intersection of energy security, trade policy, and geopolitics. As global energy markets remain tight and volatile, access to reliable gas supplies has become a strategic priority for both sides of the Atlantic. The U.S. position…
Tesla’s board of directors has made over $3 billion in compensation tied to stock awards, a figure that far surpasses what boards at many other major tech companies receive. These equity-based payouts are part of long-term incentive plans intended to align directors’ interests with shareholder value, but the sheer scale of the awards has drawn…
Former U.S. president Donald Trump has once again promised sweeping tax cuts, positioning them as a central pillar of his economic agenda as political momentum builds. The proposal focuses on extending and expanding earlier tax reductions, with the stated goal of boosting economic growth, increasing take-home pay, and strengthening U.S. competitiveness. Supporters argue that lower…
Canadian farmers are reporting record-high crop production this year, marking a notable achievement for the agriculture sector amid challenging weather and economic conditions. Across key grain and oilseed categories, yields have surpassed previous averages, driven by a mix of favorable late-season weather, improved farming techniques, and strategic use of technology on the ground. This strong…
Many Canadians underestimate how much they have saved for retirement by the time they reach age 40, especially when compared with what financial planners consider ideal. Data shows that the average Registered Retirement Savings Plan (RRSP) balance for Canadians around age 40 sits around $82,000, but the median balance — which gives a better picture…
