business
Canadian mining company Sherritt International halts plans to dissolve Cuba business amid sanctions
The company says it stopped the dissolution plan after consultations with its advisers, stakeholders and relevant governmental authorities, reversing a decision it announced last week as the U.S. expands sanctions on the country. Source link
Alberta's timeline for West Coast pipeline 'best-case scenario': CIBC analysts
Analysts are encouraged by a “sense of urgency” surrounding a potential new pipeline, but point out the provincial and federal governments still need to agree on the Pathways carbon capture project. There is also opposition to the project from B.C.’s government and some Indigenous groups. Source link
Canada's annual inflation rate rose to 2.8% in April, thanks to soaring energy prices
Economists expected the rate to rise for the month, and it comes after the inflation rate climbed to 2.4 per cent the month before. Source link
Jury set to deliberate in Musk's lawsuit against OpenAI
Elon Musk, the world’s richest person, has accused OpenAI CEO Sam Altman of “stealing” a “charity” and is calling for his ouster from the company’s leadership. A parade of wealthy Silicon Valley figures have taken the witness stand over the past several weeks, while protesters outside the courthouse took aim at both sides. Source link
FIFA is notorious for strict copyright rules. Here’s how Toronto businesses are navigating them
To get a sense of what the rules around FIFA branding are, CBC News went through its publicly shared intellectual property guidelines and its hosting addendum with the city. Source link
Zwilling Kettles recalled by Health Canada due to potential burn risk
The kettle’s handle can loosen or break off entirely during use, resulting in hot water spills and burns. Health Canada says affected consumers should stop using the kettles immediately and register for a refund. Source link
How much damage have Canada's booze bans done to the U.S. wine industry?
When Canadian liquor stores pulled American products from shelves, it delivered a bruising to the U.S. wine industry. Data shows just how much of a headache the booze ban has been as the two countries begin free trade talks later this year. Source link
April home sales down amid frosty start to spring real estate market
Home sales were down four per cent last month compared to April 2025, according to the Canadian Real Estate Association. The national average sale price of a home sold in April was $695,412, up 2.2 per cent from last year. Source link
Honda indefinitely suspends $15B EV plant in Ontario
The project, first announced in 2024, was paused last year with plans to review where the EV market was in two years. The indefinite pause comes as Honda posted its first ever full-year loss. Source link
Canada wants sovereign AI data centres. What does that actually mean?
Canada wants to build data centres that are not just physically located here, but controlled here — a distinction experts say could determine whether the country can reduce its dependence on U.S. tech giants and keep Canadian data subject to Canadian rules. Source link