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Business News

Japan retrieves rare earth-rich mud from seabed to lower reliance on China

Japan retrieves rare earth-rich mud from seabed to lower reliance on China

Japan Feb 2, 2026 / 6:05 am

Japan said Monday it has successfully drilled and retrieved deep-sea sediment containing rare earth minerals from the seabed near a remote island, as the...

Two-thirds say saving for retirement is harder than it was for their parents: BMO

Two-thirds say saving for retirement is harder than it was for their parents: BMO

Feb 2, 2026 / 5:31 am

A new report says two-thirds Canadians surveyed say saving for retirement is harder than it was for their parents. The report by BMO said 73 per cent of...

Ottawa wants to get banks, pension funds involved in affordable housing: minister

Ottawa wants to get banks, pension funds involved in affordable housing: minister

Ottawa Feb 1, 2026 / 7:05 am

The federal housing minister says he wants to ramp up the lagging pace of homebuilding in some provinces by bringing developers off the sidelines and into...

Tariffs take $350M bite out of CN Rail revenues, with uncertainty now ‘biggest risk’

Tariffs take $350M bite out of CN Rail revenues, with uncertainty now ‘biggest risk’

Jan 30, 2026 / 2:09 pm

Tariffs and economic angst delivered a significant blow to Canadian National Railway Co. last year, as the question mark hanging over North American free trade...

TSX loses over 1,000 points as gold, mining stocks drop; U.S. markets also down

TSX loses over 1,000 points as gold, mining stocks drop; U.S. markets also down

Canada Jan 30, 2026 / 1:46 pm

Canada's main stock index dropped more than 1,000 points on Friday, weighed down by losses in the basic materials sector, while U.S. markets were also...

The Westminster dog show is turning 150. Here's what has  -  and hasn't  -  changed over time

The Westminster dog show is turning 150. Here's what has - and hasn't - changed over time

United States Jan 30, 2026 / 8:21 am

When some Gilded Age gentleman hunters organized a New York event to compare their dogs, could they have imagined that people would someday call it the World...

Competition Bureau needs to keep 'foot on gas' amid economic headwinds: commissioner

Competition Bureau needs to keep 'foot on gas' amid economic headwinds: commissioner

Canada Jan 30, 2026 / 6:39 am

The new head of Canada's competition watchdog says the strain people feel every time they open their wallets has brought a new sense of urgency to her...

Economy stalled in November and may have contracted in Q4: StatCan

Economy stalled in November and may have contracted in Q4: StatCan

Canada Jan 30, 2026 / 5:44 am

Statistics Canada says the economy stalled in November and early estimates suggest a decline in real gross domestic product for the final quarter of 2025. Real...

Vancouver-based Vizsla Silver Corp. reports 10 people 'taken' from Mexican mine site

Vancouver-based Vizsla Silver Corp. reports 10 people 'taken' from Mexican mine site

Mexico Jan 29, 2026 / 1:51 pm

A Vancouver-based mining company says 10 people have been "taken" from a mine site in Mexico. Vizsla Silver Corp. says the "security...

Starbucks sees room to expand with hundreds of new US stores and increased seating

Starbucks sees room to expand with hundreds of new US stores and increased seating

Jan 29, 2026 / 12:51 pm

Starbucks said Thursday that it plans to open hundreds of new stores across the U.S. and add seating capacity at thousands of existing locations, doubling down...

Statistics Canada reports merchandise trade deficit $2.2 billion in November

Statistics Canada reports merchandise trade deficit $2.2 billion in November

Jan 29, 2026 / 10:35 am

Canada posted a merchandise trade deficit of $2.2 billion for November as exports of gold as well as motor vehicles and parts fell in the month, Statistics...

National Bank CEO, chief economist urge Ottawa to go further to attract investment

National Bank CEO, chief economist urge Ottawa to go further to attract investment

Jan 28, 2026 / 6:29 pm

The federal government has struck the right tone on navigating recent trade and geopolitical upheaval, but Ottawa must go further and move faster if it is to...

Meta posts stronger-than-expected Q4 results though costs continue to soar

Meta posts stronger-than-expected Q4 results though costs continue to soar

Jan 28, 2026 / 1:52 pm

Meta's fourth-quarter results jumped past Wall Street's expectations thanks to solid advertising revenue, sending shares higher in after-hours trading...

Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered

Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered

Jan 28, 2026 / 11:56 am

The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last...

Air Canada and Unifor begin contract talks for the airline's customer service agents

Air Canada and Unifor begin contract talks for the airline's customer service agents

Jan 28, 2026 / 10:46 am

Air Canada and the union representing its customer service agents, who work at airports and call centres, have begun contract talks. Unifor says it has opened...

Google adds AI image generation to Chrome browser, side panel option for virtual assistant

Google adds AI image generation to Chrome browser, side panel option for virtual assistant

Jan 28, 2026 / 10:43 am

Google is empowering its Chrome browser with the ability to alter imagery and a virtual assistant to help with online tasks as part of its push to turbocharge...

Middle East worries over possible US strike on Iran one month after protests began

Middle East worries over possible US strike on Iran one month after protests began

Iran Jan 28, 2026 / 8:02 am

Iranian officials reached out to the wider Middle East on Wednesday over the threat of a possible U.S. military strike on the country, while the value of...

Waabi secures US$1 billion in funding as it pushes self-driving trucks, robotaxis

Waabi secures US$1 billion in funding as it pushes self-driving trucks, robotaxis

Toronto Jan 28, 2026 / 5:59 am

Autonomous driving company Waabi Innovation Inc. says it has secured US$1 billion, or about $1.37 billion Canadian, in new funding to expand commercialization...

Lululemon cuts 100 part-time jobs in customer care division

Lululemon cuts 100 part-time jobs in customer care division

Jan 27, 2026 / 5:34 pm

Lululemon Athletica Inc. has cut 100 jobs as it makes changes in its customer care division. The Vancouver-based retailer says the jobs were part-time and...

Metro CEO says consumers still shopping at discount banners amid high food prices

Metro CEO says consumers still shopping at discount banners amid high food prices

Jan 27, 2026 / 12:50 pm

The chief executive of Metro Inc. says 2025 was a particularly challenging environment for the grocer as a slowing economy and high food prices continued to...

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