business
Canadian oil and gas losing competitive edge due to industrial carbon price: industry leaders
Leaders in Canada’s oil and gas sector say the industrial carbon levy would erode the country’s competitive edge at a time when the world is clamouring for a reliable energy supply. Source link
Eastern Ontario farmers brace for rising costs from U.S.-Iran war
Farmers in eastern Ontario are warning that rising fuel and fertilizer costs due to the U.S.-Iran war could soon drive up the price of locally grown food. Source link
The tough job market isn't getting any better for young Canadians
Thousands of young people are turning to job fairs to try and stand out in-person to find a gig for this summer, but competition remains intense. Source link
Food suppliers are adding surcharges to foot the rising cost of fuel. That could mean even pricier groceries
At least four suppliers are adding fuel surcharges for deliveries of food to grocers, according to documents obtained by CBC News. While the costs are already affecting some sticker prices, some grocers say they’re hesitant to increase prices too quickly. Source link
7-Eleven expects to close hundreds of locations in Canada, U.S.
According to earnings filings published last week, 7-Eleven’s North American operator plans to close 645 stores in the 2026 fiscal year — outpacing the 205 locations it forecasts it will open during that same time. Source link
Hootsuite founder Ryan Holmes returns to CEO role on interim basis, as Irina Novoselsky exits
The CEO of Hootsuite has stepped down after spending the last several months defending a contract between the company and a controversial U.S. government department, making way for the firm’s founder to return on an interim basis. Source link
Gap between richest and poorest Canadians widened again in 2025, StatsCan says
Statistics Canada says the income gap — measuring the difference in the share of disposable income between households in the top 40 per cent and those in the bottom 40 per cent — reached 46.7 percentage points in 2025. Source link
Oil prices rise, global markets decline ahead of U.S. blockade of Strait of Hormuz
Brent crude oil, the international standard, rose $7.04, or 7.4 per cent, to $102.24 US a barrel on Monday. That’s up from roughly $70 per barrel before the war in late February. Markets in France, Britain, Germany, Japan, South Korea and more also declined. Source link
A novelist was accused of using AI. Why the literary world is still grappling with guardrails
The recent cancelling of a horror novelist’s book demonstrates the conundrum that literary professionals face as they comb through every pitch, query letter and manuscript lobbed their way: how do you separate the proverbial wheat from the AI-generated chaff, and what happens if you get it wrong? Source link
Canada's economy adds 14,000 jobs in March after February's whopping losses
Canada’s economy added 14,000 jobs in March, Statistics Canada said on Friday, with the unemployment rate unchanged at 6.7 per cent. Source link