Thursday, 12 November 2026
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Canada News from Canada · WORLD EUROS
Nº 124 Thursday, 12 November 2026

Business

News from Canada

Business Brief: Faux Canada

Food watchdog sees non-compliance cases jump, data show

U.S. stocks slip following a discouraging update on inflation

The U.S. stock market dipped Tuesday after a report showed inflation was worse across the country last month t…

S&P/TSX composite down more than 250 points, U.S. stock markets also negative

Canada’s main stock index lost more than 250 points on Tuesday, weighed down by losses in the basic materials …

Bank of Canada moving carefully, but further hikes might be needed: meeting summary

The Bank of Canada's governing council thinks it might need to raise interest rates further but it's proceedin…

Vancouver's Fresh Prep grows Canadian reach with Goodfood acquisition

Vancouver-based Fresh Prep Foods Inc. is bringing more customers to the table with its acquisition of meal del…

If homeowning seniors pay less property tax, who will pick up the bill?

Having a paid-off house doesn’t eliminate the need for residents to have roads repaved or garbage picked up

Darlington small modular reactor faces delay and cost overruns, prompting OPG assessment

Nuclear project is being watched globally because it’s the first of its kind to begin construction in a G7 cou…

Canadian meal delivery company gets court approval to acquire competitor

Canadian meal delivery company Fresh Prep Foods Inc. says it has received court permission to acquire distress…

Meal-kit delivery company Fresh Prep secures court approval to buy rival Goodfood

Acquisition of Montreal-based Goodfood, which previously filed for creditor protection, expands Fresh Prep’s c…

‘A betrayal:’ Carney says Canada will ‘fully enforce’ its rights following sale of Stellantis plant

Prime Minister Mark Carney says that a decision by automaker Stellantis to sell its Brampton assembly plant am…

Further interest rate hikes might be needed: Bank of Canada

The Bank of Canada’s governing council thinks it might need to raise interest rates further, but it’s proceedi…

Vancouver-based meal kit company Fresh Prep approved to purchase competitor Goodfood

Fresh Prep refused to disclose how much it will pay for Goodfood but says the deal is expected to close on or …

U.S. lawmakers push to curtail China’s access to AI chips in response to Nvidia scandal

CEO Jensen Huang’s ties to an alleged Chinese spy have intensified scrutiny of world’s leading chipmaker

Barrick files paperwork in U.S. for public offering of its North American business

Proposed IPO is a key part of Canadian gold miner’s strategy to win back investor approval after years of unde…

The Canada Pension Plan Investment Board reports a net loss of 0.5% in Q2

The Canada Pension Plan Investment Board reported a net loss of 0.5 per cent in its second quarter as higher b…

Bank of Canada staying cautious but considering more rate hikes: summary

The Bank of Canada’s governing council thinks it might need to raise interest rates further but it's proceedin…

Arctic gas projects more viable than oil development, NWT Premier says

Territorial leaders have called for removal of drilling ban put in place by Trudeau government a decade ago

Artificial intelligence giant is looking for US$1.3T valuation in IPO

Anthropic is looking for an approximately US$1.3 trillion valuation in an initial public offering despite new …

Finning reports totalled revenue of $3.04B in Q3 2026

Finning International Inc. reported its third-quarter profit and revenue were up from a year ago.

Good news, there’s a simpler Brookfield emerging

The notoriously complex web of companies has a goal: Make it easier to understand, and invest

How to strike the right balance between stocks, bonds, and cash

With cash and bond yields at their highest levels in over 15 years, many investors wonder if they should favor…

Red hot U.S. inflation reading dials up interest rate worries on markets

U.S. stocks were under pressure Tuesday after a report showed inflation was worse across the country last mont…

Which cars are stolen the most often in Canada? Here’s a list

A new report by Équité Association revealed this popular SUV was the most targeted vehicle for thieves across …

Union warns labour code changes demanded by industry would gut strike rights

Union officials are sounding the alarm about an effort by transport industry leaders to rein in workers’ abili…

Nvidia shares plunge for second day as Huang affair fallout deepens

Chipmaker sheds about $430-billion in market value over questions about CEO’s relationship with Chinese busine…

Anthropic seeks valuation of about $1.3 trillion when it becomes a publicly traded company

Artificial intelligence giant Anthropic is looking for an approximately $1.3 trillion valuation when it goes p…

Stellantis auto plant closure in Brampton a 'betrayal' to all Canadians, Carney says

Prime Minister Mark Carney said automaker Stellantis shuttering its plant in Brampton, Ont., is "unacceptable"…

Real estate association forecasts B.C. home sales to slide 4.5 per cent this year

The B.C. Real Estate Association expects home sales in the province to continue to slide this year, warning of…

Nvidia, CEO Huang sued over disclosures related to suspected Chinese spy

Nvidia and Chief Executive Jensen Huang were sued on Monday in a proposed class action accusing them of defrau…

Carney denounces Stellantis’s ‘outrageous’ sale of auto plant to defence contractor Roshel

Automaker says it has offered to repay money that Ottawa gave it to retool the Brampton plant

Stellantis’ agreement to sell Brampton plant a ‘betrayal,’ Carney says

Prime Minister Mark Carney said Tuesday that Stellantis' agreement to sell its Brampton auto assembly plant is…

World shares rise after technology shares advance on Wall Street ahead of U.S. inflation data

Global markets were higher Tuesday after U.S. stocks rallied, recovering most of their big losses from last we…

Nvidia and CEO Jensen Huang face lawsuit over handling of ties to alleged Chinese spy

The lawsuit filed in San Jose, Calif., on Monday accuses the CEO and his company of misleading shareholders by…

Vancouver's first Indonesian convenience store features giant wall of ramen

Vancouver has a new spot for all your Teh botol, torch ginger and sambal needs. And if that's all new to you, …

Anthropic eyes $1 trillion US valuation in hotly anticipated IPO that's a key test for AI market

Anthropic's initial public offering plans to raise as much as $64.4 billion US, a regulatory filing showed on …

Canadian exports to China surge ahead of Carney visit

As Mark Carney prepares for a trip to China and a bilateral meeting with Xi Jinping next week, new trade data …

Tax changes and benefits you may have missed in Budget 2026

The federal budget unveiled last week includes measures aimed at reducing paperwork and benefits for musicians…

Canada joins OpenAI, Anthropic in AI standards pledge

Paris Call for AI Safety and Security urges clear rules, transparency and ‘rigorous evaluation standards’ to e…

Toronto’s Blue J raises $176-million to expand AI offerings to tax professionals

Fast-growing company has expanded to 6,500 client firms, from 1,000 two years ago

Why Ottawa is facing backlash over its move to grant permanent status to temporary residents

Government’s one-time measure in the budget increases permanent residency targets for 2027