business
Gas prices and new incentives sparking more EV sales
EV sales are up 20.8 per cent in the first four months of 2026 compared to the same time in 2025. For cost-conscious car shoppers, industry analysts say sky-high gas prices and revived government incentives are making zero-emission vehicles a more attractive option. Source link
Owner of beleaguered Toys 'R' Us Canada floats rebrand in court files
The owner of Toys “R” Us Canada is trying to buy some of the retailer’s assets so it can keep the chain going or rebrand the beleaguered business that has been in creditor protection since February. Source link
Alberta’s new sky-high solar panel recycling fee sparks industry backlash
Alberta’s plan to introduce Canada’s first recycling fee on solar panels is drawing criticism from the renewable energy industry. Sector leaders argue the $14 charge per panel is disproportionately high and could discourage investment in what was once the country’s hottest green energy market. Source link
Canada Post, CUPW sign collective agreements, ending years of heated negotiations
Canada Post said Thursday it has officially signed its new collective agreements with the Canadian Union of Postal Workers (CUPW), ending years of tense negotiations and strikes amid questions about the Crown corporation’s future. Source link
Bell and Canadian AI firm Cohere sign deal to operate models using Bell infrastructure
Under the agreement, Bell will provide data centre capacity at its facility in Merritt, B.C, while two other companies will provide hardware and cloud-layer capabilities. Source link
Hot bet summer? Soon Canadians will be able to trade on prediction markets
Canadian retail investors will be able to access prediction markets through a Canadian company this summer, after the platforms had been banned for years. Prediction markets are experiencing explosive growth, and seen as both a financial vehicle and as gambling. Source link
Detroit automakers, union set to open bargaining against backdrop of tariffs, CUSMA review
Unifor, which typically uses pattern bargaining for its auto sector negotiations, will go toe-to-toe with Ford first , just as it did three years ago. Talks with Stellantis and GM are expected to follow. Source link
U.S. Federal Reserve leaves interest rate unchanged, but some policymakers expect hike this year
The Federal Reserve held interest rates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank’s two per cent target. Source link
Canada's population drops in first quarter of 2026
Canada’s population dipped by about 55,000 people in the first three months of this year, according to new numbers from Statistics Canada, which on Wednesday set the population at 41,417,056. Source link
Companies question cost of AI as tokenmaxxing spending adds up
Prominent tech businesses pushing to use AI intensively have been stung by sky high AI costs, especially for agentic chain-of-thought purposes. Now, they’re looking at getting beyond experimentation to tokenomics: really breaking down the return on investment for big AI spending. Source link