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A decision will likely be made on Friday to determine whether John Risley ‘s CFFI Ventures Inc. ‘s significant stake in Cormorant Utility Services Ltd. should be marketed as part of a proposed court-supervised process aimed at addressing roughly $1.4 billion in debt or carved out for a separate sale. CFFI, which owes about $1…

The Bank of Canada came off as “dovish” as it held rates at 2.25 per cent for the fifth consecutive time while emphasizing a weak economy over inflation threats , say economists. Here’s what they think the latest decision means for rates. ‘Look through strategy’: KPMG “The Bank of Canada seems more comfortable with its…

The “World’s first T-Rex leather product,” as it’s been trademarked by its scientific and artistic creators, could fetch up to 500,000 Euros (CAD$800,000) when bidding starts at a hotel in Paris, France Thursday evening. Some people within the scientific community, however, are skeptical about whether the lab-grown leather truly comes from the iconic Cretaceous era…

WASHINGTON, D.C. — Doug Ford is not known for playing nice with Donald Trump. The Ontario premier has repeatedly condemned the president’s 51st state rhetoric and boldly removed American booze exports from their biggest market: Ontario’s shelves. It was also notably Ford’s Ronald Reagan ad that reportedly led to the breakdown in U.S.-Canada trade talks…

OTTAWA – Prime Minister Mark Carney tempered expectations about the likelihood of the Gordie Howe International Bridge, which will connect Windsor, Ont., and Detroit, opening soon, despite a ribbon cutting ceremony scheduled for Friday. “Everyone’s working hard to make sure the bridge is open as soon as possible,” said Carney, on his way into a…

OTTAWA — Canada’s former top general, Wayne Eyre, advised Canadians against burning bridges with their American neighbours, warning that actions like booing national anthems at hockey games can turn U.S. friends into foes. While acknowledging that Canada’s relationship with the U.S. has changed and will likely never go back to “where it was or where…

Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today held its target for the overnight rate at 2.25 per cent, with the Bank Rate at 2.5 per cent and the deposit rate at 2.20 per cent. The conflict in the Middle East is now in its fourth month.…

Cineplex Inc. is giving unsold concession snacks the sequel treatment. The movie theatre chain announced Wednesday that the majority of its 168 locations across 10 provinces will sell surplus popcorn, nachos and hot dogs at a discount through a partnership with mobile app Too Good To Go. The app, which expanded into Canada in 2021,…

New data from Statistics Canada has revealed current average asking rents across the country’s metropolitan areas and, in good news for renters, prices have decreased in the first quarter of 2026. The Quarterly Rent Statistics program, which uses listings posted on major rental platforms for Canada’s census metropolitan areas (CMAs), revealed that the average asking…

The Bank of Canada held its policy interest rate at 2.25 per cent Wednesday, its fifth consecutive pause. More to come … Ottawa’s budget watchdog predicts Bank of Canada will hike interest rate to 2.75% in 2027 Bank of Canada not ‘in a rush’ to rescue housing markets, says top strategist