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News from Canada
Is Outlook down? Widespread outage hits Microsoft apps
A widespread outage hit Microsoft platforms including Outlook on Thursday, with many users encountering troubl…
Nvidia CEO Jensen Huang resigns after his affair raises national security concerns
Nvidia CEO Jensen Huang resigned Thursday after his extramarital affair raised national security concerns, in …
Canada faces ‘gradual and bumpy recovery,’ KPMG economic outlook says
Growth in 2026 is expected to be 'tepid' and 'sub-par' with U.S. President Donald Trump’s trade war weighing o…
AI is not adding to Canada’s GDP like it is in the U.S., new analysis says
A slower adoption of artificial intelligence has had a net-neutral effect on Canada’s GDP, new analysis says. …
From VHS to iPods, retro tech is driving this year’s holiday shopping season
In the age of endless online streaming, Canadians want to return to physical media and tech, a new survey from…
A Quebec town was once preparing for a big EV battery boost. Will it still come?
Much of the heavy machinery is at the Nemaska Lithium plant site in Quebec, is at a standstill after majority …
Joly didn't meet with Roshel before deal signed with Stellantis: minister's office
Industry Minister Mélanie Joly’s office is disputing media reports that characterized the federal government a…
Nvidia board meets to decide CEO Huang’s future, source says
Nvidia’s board is meeting Wednesday evening to discuss CEO Jensen Huang’s future as its leader, two sources fa…
How Nvidia CEO Jensen Huang's extramarital affair could cause collateral damage in Washington
Extramarital affairs are usually private matters. Jensen Huang’s has global implications.
Rural internet service provider Xplore granted creditor protection
Telecom company facing ‘looming liquidity crisis,’ as per legal filings
Canadian investor access to Anthropic’s mega IPO likely more limited than SpaceX’s offering
Company’s lead underwriters are keeping final share allocations close to their vests, sources say
Nvidia board reportedly preparing to oust CEO Jensen Huang
Company is investigating whether Huang was targeted by a foreign intelligence operation; Shares dive 8% in pos…
CAE raises earnings forecast even as profits fall
Company remains focused on continuing year-old transformation plan, CEO Matthew Bromberg says
CoreWeave sparks AI cloud stock rally, lifts Nvidia as results ease bubble fears
CoreWeave jumped more than 20 per cent on Wednesday, igniting a rally in battered AI cloud stocks, as its heft…
Deadline nears to claim piece of $11-million CIBC mutual funds settlement
Investors who held units of a CIBC mutual fund or a Renaissance mutual fund on or before Sept. 5, 2025 might b…
Ford letter to PM: Chinese EV kits must not be assembled at Brampton plant
Following the sale of Stellantis’ auto assembly plant in Brampton to defence manufacturer Roshel, Ontario Prem…
S&P/TSX composite up 250 points in late-morning trading; U.S. stock markets also up
Canada’s main stock index was up 250 points with the energy, technology and base metal sectors moving higher, …
China’s passenger car exports surge in October as domestic demand remains weak
China’s car exports remained strong in October as growing overseas shipments helped offset persistently sluggi…
CIBC class action: One week left to claim part of $11-million settlement
The deadline to claim part of an $11-million class-action settlement involving CIBC mutual funds is only one w…
Magna International looks to grow faster than overall automotive market
Magna International Inc. says it’s aiming for compounded annual growth for its adjusted earnings per share of …
Rebounding AI stocks lift Wall Street
A rebound for stocks in the artificial-intelligence industry is lifting the U.S. market on Wednesday.
Russian diesel tanker idles off U.S. east coast despite Trump’s export waiver
U.S. companies are shunning the fuel over legal concerns and operational challenges
OPEC+ oil output in October nears pre-Iran war rate, led by Saudi Arabia
OPEC+ crude oil production jumped in October, led by a sharp increase in output from Saudi Arabia despite cont…
China’s Singles' Day shopping festival struggles to shake off weak consumer spending
Early signs suggest China's biggest online shopping event is struggling to persuade anxious consumers to spend…
A timeline of Stellantis' assembly plant in Brampton, Ont.
Stellantis has officially signed an agreement with defence contractor Roshel to sell its Brampton, Ont., assem…
Maker of muscular dystrophy drug will stop supplying Canada, patients told
Families have limited amount of time to find new supplier of deflazacort or switch to higher-priced drug not y…
Boyd Group reports Q3 sales up 28% from year ago
Boyd Group Services Inc. reported a third-quarter profit of US$81,000 as its sales rose 28 per cent compared w…
Did Stellantis violate its deals with the feds? Funding contract provided exceptions around Brampton
On Tuesday, Prime Minister Mark Carney called Stellantis' now-confirmed plans to sell an automotive assembly p…
Barrick Mining files IPO for a new company to hold its North American gold assets
Barrick Mining Corp. has filed paperwork for an initial public offering of a new company that will hold its No…
Business consulting firm CGI reports Q4 profit and revenue up from year ago
CGI Inc. says it earned $460.7 million in its latest quarter, up from $381.4 million in the same quarter last …
Future of 66-year-old McMahon Stadium in the spotlight ahead of Grey Cup
The 66-year-old building will host the Canadian Football League's championship game Sunday between the Edmonto…
Wealth gap between Montreal and Toronto remains steady, report finds
A new report has found that Quebec’s regions have closed the economic gap with Ontario, even as the wealth gap…
Canada courts deeper ties with Australia as two nations look to diversify beyond U.S.
The Pacific Rim hotel played host to more than 160 business and political leaders this week for the Australia …
Environmental group sends legal warning to pensions over potential LNG investments
Environmental advocacy group Stand.earth has enlisted a high-profile law firm to warn six major pension funds …
Thomson Reuters unveils $500-million share buyback plan
Shares have fallen on AI spending fears, despite the company posting higher quarterly revenue this month
Stellantis’ sale of Brampton plant a ‘betrayal,’ Carney says
Prime Minister Mark Carney called Stellantis’ sale of its Brampton assembly plant to defence contractor Roshel…
Concerns grow as military-linked Chinese university buys Nvidia chips
A Chinese university with deep ties to the People's Liberation Army bought Nvidia's powerful H200 AI chips las…
Pensions warned that LNG stakes could expose them to climate-related legal action
Advocacy group Stand.earth enlists Quebec law firm to warn pension funds against investing in LNG Canada, Ksi …
Fairfax plans to exit India’s IIFL Finance to unlock funds for IDBI purchase, sources say
Fairfax’s $320-million stake in IIFL could be put toward its acquisition of a majority interest in the Indian …
Workers across Spain stage first general strike in 14 years over housing crisis
Demonstrators want more government action ahead of national election as average rent has almost doubled in the…