Economy

Alberta Gasoline Prices Surge Overnight as Strait of Hormuz Closure Tightens Global Supply

Pump prices jump more than 30 cents per litre in Calgary and Edmonton Alberta motorists faced a sharp overnight spike in gasoline prices Wednesday, with pump prices in Calgary and...

Microsoft Posts Strong Q3 Results as AI Revenue Surges 123% Year Over Year

Microsoft beat analyst expectations in its third-quarter earnings report, released Wednesday after markets closed, driven by a dramatic surge in its artificial intelligence business. The...

Canada’s New Sovereign Wealth Fund: What It Means for Everyday Investors

Canada's New Sovereign Wealth Fund: What It Means for Everyday Investors The federal government has announced the Canada Strong Fund, a sovereign wealth fund that...

Canada Facing “Entrepreneurial Drought” as Business Entry Rates Hit Historic Lows, CFIB Reports

Canada Facing "Entrepreneurial Drought" as Business Entry Rates Hit Historic Lows, CFIB Reports Canada's small business sector is under mounting pressure from two converging crises:...

Apple CEO Tim Cook to Step Down in September 2026, Hardware Chief John Ternus Named Successor

Apple CEO Tim Cook will step down from his role on September 1, 2026, ending nearly 15 years at the helm of the world's...

NEXUS suspended as Canadian airports warn U.S.-bound travellers of delays

Canadian airports are warning travellers heading to the United States to plan for extra time after NEXUS and Global Entry pre-clearance programs were suspended. Airports...

S&P/TSX composite drops more than 500 points as U.S. markets fall

Canada’s main stock index sank sharply in late-morning trading, pressured by losses in technology, base metals and industrials. U.S. stock markets also moved lower,...

WestJet pauses 16 Canada–U.S. routes for summer 2026

WestJet will suspend 16 transborder routes for the summer 2026 season, citing a “notable” drop in demand through 2025. The airline told Global News...

Gordie Howe Bridge dispute: Carney counters Trump and stresses shared ownership

Prime Minister Mark Carney said he explained to Donald Trump that while Canada financed construction of the Gordie Howe International Bridge, ownership is shared...

Canada auto strategy expected as Carney prepares new measures amid U.S. tariffs

The federal government is expected to announce a new strategy for Canada’s automobile manufacturing industry on Thursday, with Prime Minister Mark Carney set to...

Rogers revenue beat as sports media lifts fourth-quarter sales

TORONTO — Rogers Communications posted fourth-quarter revenue above market expectations, driven by a sharp increase in its Media segment as the company leaned on...