Business

Home insurance rates likely to spike in 2025 following severe weather events, insurers warn

With 2024 being the single-most expensive year on record in terms of insurance payouts in Canada, following a swath of devastating weather-related disasters, insurers...

Mechanical workers at Canadian Pacific Kansas City vote for strike action

The union representing mechanics and labourers at Canadian Pacific Kansas City Ltd. says 99 per cent of its members have voted in favour of...

Play Airlines set to leave Canada, no flights scheduled out of Hamilton after April

Play Airlines is pulling out of Canada less than two years after entering the market.The discount carrier's schedule shows that starting in late April...

BMO agrees to pay $40M US settlement on SEC charges related to bond selling

The U.S. Securities and Exchange Commission says BMO has agreed to pay more than $40 million US to settle charges related to the bank's...

Apple pushes back against proposal to abandon diversity programs

Apple's board of directors recommended investors vote against a shareholder proposal to abolish the company's diversity, equity and inclusion (DEI) programs, according to a proxy...

Supreme Court justices skeptical of TikTok’s free speech arguments ahead of potential ban

Supreme Court justices posed tough questions to the lawyer representing TikTok and its Chinese parent company, ByteDance, on Friday over a law that would force...

Honda Civic hybrid, Ford Ranger and Volkswagen ID. Buzz win 2025 Detroit auto show awards

The Honda Civic hybrid won the 2025 North American Car of the Year award, while the Ford Ranger took the crown for the truck...

Unemployment dipped to 6.7% while job gains beat expectations in December

The Canadian economy added 91,000 jobs and the unemployment rate dipped 0.1 percentage points to 6.7 per cent in December, Statistics Canada said on Friday, in a...

Political uncertainty could derail major carbon capture project, experts warn

The fate of Canada's largest proposed carbon capture and storage project is even more uncertain after Prime Minister Justin Trudeau's resignation announcement this week...

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