Author: admin
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Carney rules out cutting oil exports to hit back at U.S. tariffs
OTTAWA — Prime Minister Mark Carney is tempering talk of cutting off oil exports to the U.S. to retaliate against tariffs. Carney told reporters in Red Deer, Alta., on Wednesday that turning off the oil taps could threaten Canada’s global image as a dependable energy provider. “Being a reliable supplier is important… So when you’re…
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Billionaire Larry Tanenbaum bets big on women’s sports after MLSE exit
Nearly 21,000 WNBA fans packed Montreal’s Bell Centre on a warm July evening, breaking the league’s regular-season attendance record. Only the city doesn’t have a professional women’s basketball team. The crowd was there to see the Toronto Tempo, which was playing a special two-game series at the venue after becoming the sole Women’s National Basketball…
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New York City offers discount to attract Canadians back
New York City is offering discounts to tourism and hospitality businesses as it looks to attract Canadian tourists back to the city. The city on Tuesday announced the summer travel incentive for Canadians called “ NYC’s Northern Neighbour Deal ,” which offers a 30 per cent discount at more than 85 participating hotels , Broadway…
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Alberta-based retailer hit by Canadians drinking less booze, smoking less weed
Canadians eased off booze and cannabis this spring, hitting an Alberta-based retailer with falling sales and a nearly $8-million loss. Revenue at SNDL Inc, headquartered in Edmonton, fell by about four per cent to $235.8 million, according to second-quarter results released Tuesday. If the name means nothing to you, the banners will. SNDL runs Wine…
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Carney draws Fink, Gray to exclusive investing summit in Toronto
Toronto will be teeming with movie stars in the middle of September as the city holds one of the world’s most prestigious film festivals. This year, the Hollywood types will be joined by some of the biggest names in global finance . Blackstone Inc. President Jon Gray, BlackRock Inc.’s Larry Fink and Barclays PLC chief…
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Major change to passport renewals rolls out across Canada. Here’s how it works
The Canadian government has announced that online passport renewal is now available to all eligible adult Canadians in Canada. The rollout follows a pilot program introduced in December 2024, which previously limited online passport renewals to a maximum of 2,000 applications per day. With the trial now complete, that daily cap has been removed. Announcing…
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Canadian family of four will pay $21K towards public heath care this year: report
The cost of public health care insurance has skyrocketed in this century, outpacing growth in the cost of food, shelter and even wages, according to a new report from the Fraser Institute. It notes that a typical family of four will pay more than $21,000 for public health care insurance this year, more than twice…
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Paper wedding invitations have returned. ‘We’re in this very throwback moment’
While planning a wedding, there is no shortage of decisions a couple has to make before their big day. From choosing the venue to picking vendors and setting the menu, nearly every aspect of the planning process involves selecting from an array of options. I know this because I’m planning my own wedding. Fortunately, I’ve…
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Harper-era cabinet minister Chris Alexander a late entry in Toronto mayoral race
The race to become Toronto’s next mayor is welcoming a late and potentially game-breaking candidate in former Conservative federal cabinet minister and long-time diplomat Chris Alexander. The 57-year-old, once Canada’s ambassador to Afghanistan (2003-2005) and an immigration minister under former Prime Minister Stephen Harper, had been rumoured to be considering a run and informally launched…
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Posthaste: Confident you can detect fraud? That may put you at risk
Canadians are growing increasingly confident in their ability to detect fraud, but their hubris may be putting them at risk. Nearly 90 per cent of Canadians are confident they can spot fraudulent activity, according to a recent survey from Toronto-Dominion Bank, but 41 per cent of respondents said they never consult resources or experts on…