Business

Bank of Canada officials seemed unfazed by the surprise economic decline in Q1

OTTAWA — Officials at the Bank of Canada were seemingly unfazed by economic weakness to start the year as they debated where to take the policy interest rate earlier this month. The central bank today...

1h ago

Homes under $500,000 account for growing proportion of Ontario real estate: report

PICKERING — A new report says homes valued under $500,000 are taking up a bigger share of Ontario's real estate landscape, led by a shift in the condominium market. New data released by the Municipal...

3h ago

AI is an energy and water hog, here's what you can do to counter that

WASHINGTON (AP) — As the world tries to curb human-caused climate change and not run dry of water, every online query is increasing our environmental footprint and exacerbating the problem. Artificial...

4h ago

MDA Space signs new satellite contract with Canadian Space Agency

TORONTO — MDA Space Ltd. has signed a $688-million contract with the Canadian Space Agency for a synthetic aperture radar satellite. The new satellite will operate with the Radarsat Constellation Mission...

6h ago

Ukraine’s latest long-range strikes on Russia hit a major natural gas plant and satellite centers

KYIV, Ukraine (AP) — Ukrainian forces struck a major natural gas processing plant and two key satellite communications centers in their latest nighttime attacks on Russia, Ukraine’s General Staff said...

50m ago

Arctic roads, nuclear repository first to be designated as national interest projects

OTTAWA — Almost a year after the federal government's Bill C-5 was rushed through Parliament, Ottawa is finally looking to use its new powers to expedite projects deemed to be in the national interest. At...

29m ago

Each additional Canada World Cup match equals a $70M boost to Vancouver economy: BMO

VANCOUVER — It won't just be fans feeling the joy if Team Canada advances to the next round in the World Cup. A new analysis from BMO Economics estimates about a $70-million boost to Vancouver's local...

9h ago

Looser federal rules on pesticides will erode Canada's trade access: senator

OTTAWA — Canada's goal of boosting trade with countries outside the United States could be thwarted by its new pesticide rules, a senator warns. Bill C-30, an omnibus bill implementing the spring economic...

9h ago

Ottawa to peg first national interest projects in territories: sources

OTTAWA — Ottawa is expected to announce Wednesday that it will begin the process of designating two key Arctic infrastructure projects as being in the national interest, say government sources. The...

17h ago

Fewer Canadians see U.S. as 'reliable' as global confidence in Washington sags: poll

WASHINGTON — Most Canadians continue to view the United States unfavourably as global confidence in the U.S. under President Donald Trump continues to slide. That finding comes from new polling by the...

June 23, 2026 3:26 pm EST EST