business
TD revises 2026 housing market forecast, expects sales and prices to fall this year
As of December, TD initially forecasted a 9.3 per cent year-over-year gain in home sales for 2026 as well as a 4.1 per cent increase in average home prices. The report says pent-up demand is taking longer than expected to return, but projects sales will rebound in 2027. Source link
As one N.W.T. diamond mine shuts down, these workers want to stay in the North
The Diavik diamond mine has been operating for decades, producing more than 150 million carats of diamonds. Not all of its workers are from the North, but at least some of those who’ve come up say they want to stay. Source link
Why we should 'fight like hell' against Big AI
Tech journalist Karen Hao, who once worked in Silicon Valley as an engineer, is sounding the alarm on holding AI giants accountable. She argues people need to push back against massive companies that are ‘consolidating a historic amount of economic and political power, terraforming our earth, reshaping our geopolitics’ as well as our lives and […]
EU charges porn sites with breaching tech safety rules, could face fines
The EU accused Pornhub, Stripchat, XNXX and XVideos of breaching rules by letting children access pornographic content on their sites. Companies can be fined as much as six per cent of their global annual turnover if found guilty of Digital Services Act breaches. Source link
Federal minimum wage increasing to $18.15 per hour
The federal minimum wage will rise by 40 cents next week, a scheduled increase that keeps the wage in line with inflation. Source link
Some U.S. car buyers envy what they cannot have — affordable Chinese EVs
Survey shows 40 per cent of U.S. consumers support Chinese auto imports, while political opposition in U.S. remains strong Source link
How war in the Middle East is upending the global economy
Stuck ships, wrong ports, and higher costs: war in the Middle East is causing headaches for worldwide supply chains. New York Times reporter Peter S. Goodman explores the mounting impacts on supply chains that remain highly integrated. Source link
Oil prices fall after Trump postpones Iran strikes
Oil prices fell on Monday morning after President Donald Trump said the U.S. was holding off on striking Iran’s energy infrastructure amid productive talks between the two countries. Source link
Oil prices fall after Trump postpones Iran strikes
Oil prices fell on Monday morning after President Donald Trump said the U.S. was holding off on striking Iran’s energy infrastructure amid productive talks between the two countries. Source link
‘Eerie parallel’: Archived stamps reveal Canada was prepared to ration gas in the 1979 oil crisis
Canada considered conserving oil with gasoline rationing stamps in 1979. While it never put the stamps into circulation, economist Peter Tertzakian said the proofs are a reminder that anything can happen in an oil shortage. Source link