Discussions surrounding potential modifications to tanker restrictions on Canada’s West Coast have escalated following renewed interest in establishing a new pipeline route from inland energy-producing regions to the coastline. However, federal officials caution that it is too early to assume any changes will be made, stressing that no formal route has been identified and no…
Crude prices are on track for a fourth consecutive monthly decline as traders reassess the global supply outlook, prepare for an upcoming producer-group policy meeting, and evaluate how emerging geopolitical developments could reshape market dynamics. After a brief lift earlier in the week, the international benchmark hovered slightly above the mid-$60 range, stabilizing after a…
New figures tracking employer payrolls suggest that Canada’s labour market may be softening far more than headline numbers indicate, raising concerns that underlying economic conditions are deteriorating and renewing calls for additional interest rate reductions. In the latest data, the number of workers receiving wages and benefits from employers fell by approximately 58,000 in September….
A major Canadian pipeline operator reported a substantial turnaround in its latest quarterly results, moving from a year-earlier loss to a meaningful profit as both utilization and commodity flow increased. The company, which oversees one of the country’s key energy transport corridors, said its performance for the quarter ending September 30 reflects stronger demand for…
The third-quarter earnings period is entering its final stretch, and the results so far point to a notably strong performance across major publicly traded companies. With the vast majority of firms having released their financial updates, the overall picture suggests that corporate profitability continues to expand at a healthy pace despite ongoing concerns about consumer…
As the holiday season approaches and household budgets tighten, Buy Now, Pay Later (BNPL) plans often look like an easy solution. These payment arrangements allow shoppers to divide purchases into smaller instalments, making large or unexpected costs feel more manageable. However, without a clear plan, BNPL can quickly evolve into financial stress. Understanding how these…
The President has renewed his push for sweeping immigration restrictions, urging what he described as “reverse migration” following the fatal shooting of two National Guard members in Washington. His remarks came through late-night posts outlining an aggressive set of proposals aimed at dramatically reducing immigration and tightening federal oversight of non-citizens. In his statements, the…
A major global derivatives exchange brought most of its trading systems back online after a prolonged technical shutdown that disrupted activity across multiple international markets. The issue originated from a failure at a third-party data center, causing the exchange’s electronic futures and options platform to go offline for several hours during active trading sessions in…
Canada’s economy delivered a surprisingly strong performance in the third quarter of 2025, expanding at an annualized rate of 2.6% and sharply outperforming earlier forecasts. This marks a significant turnaround from the previous quarter’s contraction and temporarily quiets speculation about an impending recession. The improvement was driven largely by a dramatic narrowing of the trade…
Despite expectations of busy holiday shopping, seasonal hiring in the U.S. appears subdued this year. Rising layoff announcements and a creeping unemployment rate have dampened the usual surge in temporary job opportunities, signaling that employers may be holding back on new hires. Data from multiple sources indicate that seasonal hiring plans are at some of…
After years of lagging behind peers, Barrick Mining is attracting renewed investor interest as its stock rallies and the company navigates significant changes. Despite recent turmoil in the boardroom and global operations, money managers see potential for value creation in the world’s top gold producer. Also Read: Safe investments for new investors Barrick’s shares have…
A proposed agreement between the federal government and Alberta could pave the way for a new oil pipeline to the Pacific coast, but it comes with stringent environmental requirements. The deal includes a target of cutting methane emissions by 75 per cent over the next decade, signaling a strong push to align energy development with…
A growing number of Canadians are reconsidering car ownership as rising financing costs and high living expenses push household budgets to the breaking point. Debt and insolvency experts report an unusual trend: more people are contacting lenders with the intention of returning their financed vehicles because payments have become unsustainable. Also Read: Safe investments for…
Rogers Sugar Inc. reported a fourth-quarter profit of $13.7 million, showing resilience despite a decline in revenue compared with the same period last year. The company recorded earnings of 10 cents per diluted share, down from 13 cents per share a year ago when net income reached $18.6 million. On an adjusted basis, however, the…
Canadians under 35 have been building wealth faster than any other age group in recent years, yet economists warn that these gains may not be sustainable. Since the pandemic began, younger households have effectively doubled their net worth, driven largely by increases in financial assets, rising property values, and inheritances from older generations. Government support…
