business
Trans Mountain proceeding with first of three expansions of oil pipeline
Trans Mountain is moving ahead with its first project to pump more oil through its pipeline system between Alberta and British Columbia. Source link
Washington Post to lay off a third of staff in newsroom and other departments
The Washington Post is laying off one-third of its staff in the newsroom and other departments, a brutal blow to one of journalism’s legendary brands. Source link
BMO fined $4M by consumer watchdog for overcharging customers on discounted plans
The Financial Consumer Agency of Canada says it has applied a $4 million penalty on Bank of Montreal for overcharging customers after it failed to properly disclose fee details. Source link
Auto production by Detroit Three declines in Canada as Japanese automakers lead the way, report says
While Canadian production and jobs with Ford, Stellantis and General Motors have declined over the past decade, they have stayed consistent among Japanese carmakers, according to a new report by the Trillium Network for Advanced Manufacturing, an Ontario-based think-tank. Source link
Gold, silver prices continue to slide after Trump picks Warsh to lead Fed
Wild swings that swept through financial markets overnight calmed as Wall Street opened for trading on Monday. U.S. stocks are holding relatively steady following gains in Europe and sharp drops in Asia, while gold and silver prices rallied back from severe earlier losses. Source link
Race to export beyond U.S. picks up as tariff squeeze grips Canada
Canada hopes to double its exports to countries other than the U.S. as a way of blunting the impact of the trade war. But that will take time and money. What can Canada get done as tariffs squeeze the economy? Source link
AI, data centre companies will have to compete for electricity in B.C.
Prospective data centres and artificial intelligence (AI) companies in B.C. will have to compete for electricity from B.C. Hydro under new provincial legislation. Source link
Hyundai interested in Canada's hydrogen energy as it bets on natural gas-fuelled cars
Hyundai is exploring a “potential collaboration” with the Canadian hydrogen energy sector, it told CBC News on Thursday, as the South Korean automaker bets on natural gas-fuelled cars to be the future of the automotive industry. Source link
Canada's economy stalled in November, may have contracted in 4th quarter of 2025
Canada’s economic growth stalled in November as growth in services was ​offset by weakness in goods-producing industries, data showed on Friday, offering fresh clues on the state of the economy after almost a year of tariffs and uncertainty. Source link
So long, frozen juice from concentrate. The once-popular canned drink leaves shelves this year
Attention, lemonade stand vendors: You’ll have to squeeze the fresh stuff this summer. Minute Maid is discontinuing its line of frozen juices as consumers turn to healthier beverages, and it was potentially the last company selling the concentrated cans in the Canadian market. Source link