Manitoba government records $832M deficit in last year's budget
WINNIPEG -- The final number is in for last year's Manitoba budget - and it's an $832-million deficit.
Ian Bickis
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Manitoba government says apprentice work hours exceeding target
WINNIPEG -- The Manitoba government says apprentice hours are well above target on several major construction projects in the province.
Manitoba ends twice-yearly clock changes, going all year round on daylight time
WINNIPEG -- Manitoba's twice-yearly clock changes are a thing of the past as the province moves to make daylight time permanent.
Manitoba sticking with daylight time year-round following survey
WINNIPEG -- Manitoba Premier Wab Kinew says residents have changed their clocks for the last time, as the province will be sticking with daylight time year-round.
Manitoba offers to waive sales tax on major Port of Churchill investments
WINNIPEG -- Manitoba says it will waive the provincial sales tax on major capital spending for the Port of Churchill as it tries to attract international investment.
Peace Garden ceremony at Canada-U.S. border marks 25th anniversary of 9/11 attacks
BOISSEVAIN -- Hundreds gathered today on a remote stretch of the Prairies to remember the 9/11 terrorist attacks in a ceremony that also affirmed close bonds between Canada and the United States.
'Dynacare sucks': Kinew calls out company as striking employees ordered back to work
WINNIPEG -- Manitoba Premier Wab Kinew, a day after his NDP government intervened to end a medical workers' strike, called out their employer Wednesday and suggested he may de-privatize lab testing.
Medical lab workers in Manitoba back at work as premier criticizes company
WINNIPEG -- Hundreds of Manitoba medical lab employees are back at work as the premier is criticizing the company involved in the labour dispute.
Manitoba expanding rent control threshold to $2,000 a month
WINNIPEG -- The Manitoba government says it's following through on a commitment to expand rent control in the province.
Interprovincial trade barriers falling but challenges remain: experts
The collapse of talks with the United States has added urgency to reducing trade barriers within Canada, but experts say it's not a simple fix.
Manitoba premier open to lifting U.S. booze ban but hopes Canadians won't buy it
WINNIPEG -- Manitoba's premier says he is reluctantly open to returning U.S. booze to provincial shelves as part of a trade deal, but hopes Canadians won't buy it.
Manitoba opens province's first supervised consumption site
WINNIPEG -- Manitoba's addictions minister says it's a special but bittersweet day as the province opens its first supervised consumption site.
Human rights museum readies opening of Palestinian exhibit amid criticism
WINNIPEG -- The Canadian Museum for Human Rights says an exhibit about displaced Palestinians is to go ahead as planned, despite criticism that it's a potentially one-sided story.
Manitoba trade rep says U.S. tariff uncertainty the key challenge for businesses
WINNIPEG -- Manitoba's trade representative says Wednesday's surprise tariff announcement underscores the challenge of navigating the administration of U.S. President Donald Trump.
Food tax cut, bad behaviour: What happened in Manitoba's spring legislature sitting
WINNIPEG -- The Manitoba legislature wrapped on Monday its spring sitting, which had the government pass a tax cut on some food items and saw accusations of racist comments and other unruly behaviour.
Economic experts tell summit that greater urgency on trade issues needed
TORONTO -- Urgency on trade certainty and diversification was a key message economic experts emphasized at a Public Policy Forum conference Thursday.
Federal finance minister approves EQB deal to buy PC Financial from Loblaw
TORONTO -- Canada's seventh-largest bank has secured its final regulatory approval to buy PC Financial from Loblaw Cos. Ltd., clearing the way for the transformative deal.
Labour groups welcome federal spending commitments on skilled trades
TORONTO -- The federal government's plan to spend billions of dollars to increase the number of skilled trades workers is being welcomed by labour groups who say it will help bridge gaps in the system.
Business groups say new sovereign wealth fund another helpful tool
TORONTO -- The federal government has announced Canada's first sovereign wealth fund to help get major projects going, but business groups say it's not a singular fix.
All Big Six Canadian banks now backing proposed defence bank
TORONTO -- Canada's Big Six banks have all put their support behind the proposed international Defence, Security and Resilience Bank (DSRB).
BMO joins rest of big bank peers in supporting proposed international defence bank
TORONTO -- BMO Financial Group says it's joined the rest of the big Canadian banks in backing the proposed Defence, Security and Resilience Bank (DSRB) being set up by democratic countries.
Success of new federal auto strategy lies in the details: industry insiders
TORONTO -- The federal government has outlined key measures it plans to use to protect Canadian automotive manufacturing, but industry insiders say success will depend on the details.
Feds outline measures aiming to boost auto manufacturing
TORONTO -- The federal government has outlined a suite of measures it hopes to use to boost investment in Canadian auto manufacturing.
Canada EV deal with China boosts investment potential but U.S. access question looms
TORONTO -- The trade deal between Canada and China has experts saying it could lead to Chinese electric vehicle firms producing vehicles in Canada, but much depends on the trade talks ahead with the United States.
Office vacancy rate dips as return-to-office shift picks up: CBRE report
TORONTO -- A new report says the Canadian office vacancy rate dipped last year for the first time since the pandemic as the return-to-office trend accelerated.
Canada's highest-paid CEOs made an average of $16.2 million in 2024: report
The gap between average worker wages and Canada's top-paid CEOs widened to a record in 2024, according to a new report that pushes for higher taxes on the wealthiest.
A clash of generations is gathering in Canadian banking
TORONTO -- Canadians who watched the World Series this year might have caught a second high-stakes clash going on between plays.
The year in money: notable personal finance changes for 2025
TORONTO -- There's been a lot to keep up with this year, so it's easy to have missed new developments on the personal finance front even if they might mean more money in your pocket.
Budget 2025: Feds to move forward on regulating stablecoins
The federal government says in Tuesday's budget that it will move ahead to regulate stablecoins, following on a move this past summer by the United States to do so.
Economic opportunity of climate action a focus as Toronto Climate Week launches
TORONTO -- Canada has an opportunity to leap ahead and reap the economic gains of climate action as the U.S. retreats, said several speakers at the launch of the first Toronto Climate Week on Wednesday.
Government loans give Algoma more breathing room for transition
Government lifelines announced Monday could help Algoma Steel Group Inc. navigate through the effective loss of the U.S. market as it looks to focus on supplying Canadian buyers.
Canada Post sending new offers to union with aim of moving talks forward
Canada Post says it will be sending new offers to the Canadian Union of Postal Workers in an effort to move negotiations forward.
RRSP, TFSA, FHSA, RESP: The ABCs of how to divvy up savings across accounts
TORONTO -- As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan.
Air Canada says no deal with union until planes moving as it cancels more flights
TORONTO -- Air Canada says its flight attendants need to return to work before the airline can push on with negotiations, even as the union says it won't end its now unlawful strike until a deal is reached at the bargaining table.
Air Canada says no deal with union until planes moving as it cancels more flights
TORONTO -- Air Canada says its flight attendants need to return to work before the airline can push on with negotiations, even as the union says it won't end its now unlawful strike until a deal is reached at the bargaining table.
Air Canada extends flight cancellations as strike action continues
TORONTO -- Air Canada says all flights of Air Canada and Air Canada Rouge remain suspended through 4 p.m. ET on Tuesday as members of the union representing its flight attendants continue strike action.
Air Canada union says right to strike on the line as it defies back-to-work order
TORONTO -- A shutdown of Air Canada by flight attendants over wages and unpaid work has rapidly escalated into a fight for the right to strike as union leaders said Monday they'll push despite orders to stop, while the airline said it hoped workers will soon comply.
Air Canada union says right to strike on the line as it defies back-to-work order
TORONTO -- A shutdown of Air Canada by flight attendants over wages and unpaid work has rapidly escalated into a fight for the right to strike as union leaders said Monday they'll push despite orders to stop, while the airline said it hoped workers will soon comply.
Barrick Mining reports rise is Q2 profits despite US$1-billion writedown on Mali mine
TORONTO -- Barrick Mining Corp. took a US$1.04-billion charge in its second quarter related to its loss of control of a gold mine in Mali, but still reported a rise in profit thanks to higher gold prices and an asset sale.
Enbridge says federal support for oil and gas not yet clear
The head of Enbridge Inc. says he's encouraged by conversations in both Canada and the U.S. on building more energy infrastructure, but that it remains to be seen what concrete action will result at home.
Understanding Canada's moves to block cheap steel imports
Prime Minister Mark Carney announced Wednesday that the government was tightening rules around steel imports. The move is an effort to protect Canada's domestic industry from dumping as the global trade of the metal undergoes major shifts because of government actions out of the United States and China.
Quarter of Ont. mutual fund dealers say customers sold unneeded products: survey
TORONTO -- A regulator-led survey of Ontario mutual fund dealers based out of big banks finds a sizable minority are not always acting in the interests of clients.
Crypto industry pushing Canada to follow U.S. lead in embracing stablecoins
TORONTO -- As the U.S. government takes big steps to usher cryptocurrency into mainstream finance, one of the world's biggest crypto exchanges is urging the Canadian government to match and exceed those efforts, even as concerns mount.
Steel industry, labour leaders call for government action as U.S. tariffs spike
TORONTO -- Canada's steel industry needs the federal government to take swift action as it faces an existential threat from steeply increased U.S. tariff, said Catherine Cobden, head of the Canadian Steel Producers Association.
Steel group calls for government to step in to protect industry as U.S. tariffs jump
TORONTO -- The head of Canada's steel industry association says time is of the essence for the federal government to step in and help the industry as it faces existential threats from U.S. tariffs.
As regulators abandon 'bare minimum' corporate climate reporting, a backstop lurks
TORONTO -- In the future, seeing the carbon emissions of a company may not be much harder than finding out how many calories are in a chocolate bar, but that day looks further out than it did just a few months ago.
Canadians could stay visa-free longer in U.S. under proposed bill
Canadian snowbirds could stay longer in the United States without a visa if a bill recently proposed in the U.S. House of Representatives becomes law.
The headwinds and potential ahead for Carney's economic ambitions
Canada now knows who will lead the country as it confronts this nation-defining economic moment, but uncertainty is still the word of the year.
BMO defends climate efforts as investors push for more disclosure
TORONTO -- The head of BMO defended the bank's climate efforts as it faced shareholder resolutions at its annual general meeting that called for more clarity on its plans.
The climate indicator banks are facing rising pressure to report
TORONTO -- When Canada's big banks left the Net Zero Banking Alliance earlier this year, they assured they could push on reducing emissions without the help of the international climate coalition launched in 2021 by Mark Carney, now Canada's prime minister.
Canada can legally challenge tariffs, but will Trump fall in line with the ruling?
If U.S. President Donald Trump imposes tariffs on Canadian goods as he's repeatedly threated to do, experts say Canada has a strong case to challenge it under the Canada-U.S.-Mexico free trade agreement.
Trump's metal tariff threats shake up the Canadian can industry
TORONTO -- U.S. President Donald Trump's threat to impose sweeping metals tariffs is creating worry and opportunity in can manufacturing and packaging, an industry that relies heavily on the raw materials.
Bank CEO worries shift to political uncertainty as mortgage risks ease
TORONTO -- The heads of Canada's biggest banks are finally seeing risks around mortgage renewals easing, only for worries about tariffs and political uncertainty to take their place.
Business groups call for unity as Trudeau announcement creates uncertainty
TORONTO -- Prime Minister Justin Trudeau's plan to step down has business experts warning about the heightened uncertainty it has created and the need for a unified front to face the challenges ahead.
How public funds are being used to lure private dollars in race for climate financing
TORONTO -- The trillion-dollar question these days is where the huge sums of money needed to address climate change are going to come from, especially for developing countries.
What European housing models could do for Canada's affordability problems
TORONTO -- Housing experts who have long promoted moving new home construction from suburbs to urban centres are calling for a similar approach to policy, saying several ideas currently percolating on the fringes of society in Canada have proven successful elsewhere and deserve a more central place in the national conversation.
StatCan latest wealth survey shows stark disparity between homeowners, renters
TORONTO -- Statistics Canada's latest financial security survey shows a stark disparity between the wealth of homeowners and renters, even as it fails to capture the true scale what's owned by Canada's richest families.
Feds moving ahead with sustainable investing guidelines, but details still scarce
TORONTO -- Finance Minister Chrystia Freeland said Wednesday that the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans are scarce.
Feds move ahead with sustainable investing guidelines, but details still scarce
TORONTO -- Finance Minister Chrystia Freeland says the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans are scarce.
Potential China EV tariffs welcomed by GM Canada as BYD looks to enter market
The potential of tariffs on Chinese electric vehicle imports is being welcomed by the Canadian head of General Motors as major producer BYD looks to enter the market.