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Shares of Canadian manufacturer TerraVest Industries Inc. fell the most since 2009 over allegations of insider tipping by its executive chairman. The Journal de Montreal reported that Charles Pellerin helped family members and acquaintances make illicit gains by communicating privileged information ahead of a deal in March 2025. The news outlet cited a copy of…

Alphabet Inc.’s Google has agreed to pay SpaceX US$920 million a month for computing power as part of a cloud-services deal that runs through mid-2029, according to a company filing. Google will pay SpaceX the monthly fee from October through June 2029, with capacity ramping up through September at a reduced cost, SpaceX said in…

An 84-year-old man declared a dangerous offender for kidnapping a hitchhiking couple in 1979 and trying to stab the man to death, then escaping the Kingston Psychiatric Hospital in 1992 and abducting a 16-year-old girl he confined, sexually assaulted and threatened to kill, has not “‘aged out’ of posing a physical and sexual aggression risk,”…

This week FP Video looks at what it takes to keep the pumps flowing at a local gas station in Alberta during a global energy crisis , whether the fortunes of Canada’s pipeline industry are at a turning point and why American citizens are flocking to Canadian real estate websites. Plus an economist fills us…

Alberta is the most attractive destination for Canadians who move between provinces, while Newfoundland and Labrador is the least, a new study shows. The Fraser Institute report measured that movement, known as interprovincial migration, over the 30 years from 1995 to 2024 using Statistics Canada data. It counted only moves within Canada, not immigration from…

Canada’s jobless rate fell to 6.6 per cent in May as 88,000 positions were added into the economy, the first significant employment gain since November 2025, according to Statistics Canada’s labour force survey data released Friday. Here’s what economists had to say about the latest data and what it means for the Bank of Canada’s…

With tight security and support from Jewish allies including First Nations groups, another massive turnout is expected for the 57th annual Walk with Israel this Sunday in Toronto. “We are expecting more allies this year than ever before, which is pretty remarkable,” says Sara Lefton, chief development officer with United Jewish Appeal of Greater Toronto,…

Ukrainian President Volodymyr Zelenskyy has proposed a meeting with his Russian counterpart to negotiate an end to the war face to face. In a rare open letter to President Vladimir Putin, Zelenskyy renewed his appeal for “direct engagement,” acknowledging the U.S. has become “fully focused on the issue of Iran.” In the letter, Zelenskyy said…

A new elementary school set to open in August will be named after former Conservative prime minister Brian Mulroney, the Ottawa-Carleton District School Board (OCDSB) announced on Friday. Education Minister Paul Calandra said the board’s newest elementary school will be named Brian Mulroney Elementary School, in honour of Canada’s 18th prime minister and his lasting…

OTTAWA — Some Liberals are defending Prime Minister Mark Carney’s leadership style, saying he can be tough when needed but has always stayed respectful in their experience. Carney’s caucus management has been under close scrutiny ever since a report by the Toronto Star came out alleging he has lashed out at caucus members — with…