Business

Alimentation Couche-Tard unveiled a new corporate strategy focused on strengthening its core platforms and pursuing targeted investment opportunities. The announcement follows the company’s decision last July to withdraw a proposal to acquire the parent company of 7-Eleven after about a year of talks with Seven & i.

A broad decline in software stocks has made valuations unstable and is slowing mergers, acquisitions and some planned IPOs, Reuters reported.

Elis Lundholm, a 23-year-old Swedish freestyle skier who identifies as a man, competed in the women's moguls at the Winter Olympics and finished 25th in qualifying; he said he wants to focus on his skiing.

Alberta Premier Danielle Smith said lower oil revenues will force the province to run significant deficits and that she will not raise taxes or make deep service cuts; the government's budget is scheduled to be unveiled later this month.

Sources told Reuters that CME Group is working on plans for a futures contract combining neodymium and praseodymium (NdPr), and rival ICE is also exploring rare earth futures; no final decision has been taken.

Officials reported nine people and the suspected shooter dead and 27 others injured in a shooting in Tumbler Ridge; RCMP investigations are ongoing and further public updates have not been scheduled.

IKEA Canada will offer $1 breakfasts to IKEA Family members from store opening until 11 a.m. on Saturday, with all proceeds donated to the Breakfast Club of Canada.

Oishii has introduced the Koyo Berry, a premium Japanese strawberry varietal, in Toronto and the fruit is available at Fortinos and other fine grocers while appearing on menus at several local restaurants.

Canadian athletes and officials at the Milan Cortina Olympics expressed condolences after a shooting in Tumbler Ridge, B.C., that left ten people dead, including the suspected shooter who died at the school.

DP World is expanding the Port of Posorja quay to 800 metres, which the company says will raise container-handling capacity by 40% to 1.4 million TEUs by the end of 2026.

OPEC projects demand for OPEC+ crude will fall by 400,000 barrels per day in Q2 to 42.20 million bpd, and reports OPEC+ output was 42.45 million bpd in January, down 439,000 bpd from December.

The Labour Department reported 130,000 jobs added in the most recent month and said the unemployment rate fell to 4.3%. Major benchmark revisions have reduced the count of jobs created in the prior year to about 181,000, down from an earlier figure of 584,000.

Non-farm payrolls rose by 130,000 in January and the unemployment rate fell to 4.3 percent, following a downward revision to December payrolls.

Police reported an active shooter at Tumbler Ridge Secondary on Tuesday; authorities confirmed multiple deaths, including the shooter, and dozens were injured. Two additional deaths were found at a residence believed connected to the incident, and officials have not released details about motive or how the investigation or response will proceed.

Vladyslav Heraskevych trained while wearing a customized helmet the IOC has ruled cannot be used in competition; the IOC said it would speak with him again before his Olympic race the next day.

Bombardier said Vista Global ordered US$1.18-billion for 40 Challenger 3500 business jets, with options for 120 more that could raise the total to about US$4.72-billion.

Stephen Maher reports that rumours of a possible snap election followed reports Doug Ford and Prime Minister Carney spoke about timing, but sources say Carney is not consulting advisers about an early campaign and many senior Conservatives prefer he lead through the current crisis.

European shares dipped while S&P 500 futures inched higher as markets awaited U.S. jobs data; the yen rose after Japan's election outcome and the dollar eased.

Stellantis says it will retain 650 engineers at its Windsor Automotive Research and Development Centre for EV and battery testing, even as it plans to sell its 49% share of the NextStar Energy battery joint venture and record a 22 billion euro charge.

FAA Administrator Bryan Bedford said he believes issues with Canada have been resolved and that Transport Canada is expected to announce certifications for Gulfstream jets that have been delayed. The remarks follow public criticism from U.S. President Donald Trump and threats of tariffs and decertification.

Premier Doug Ford said he is confident in an Ontario-wide review after Toronto police announced charges against seven officers and one retiree; Ontario's Inspector General announced he will inspect all 45 police forces.

A CMHC report forecasts Edmonton's rental vacancy rate will rise to 4.5% in 2026 from 3.8% in 2025, and says rising supply and slower population growth should ease competition for rental housing.

President Trump posted that he would not allow the Gordie Howe International Bridge to open unless the U.S. is "fully compensated," and a University of Windsor political scientist says it would be difficult but not impossible for a president to stop the crossing from opening.

Canada warned on Feb. 3 of worsening electricity and fuel shortages in Cuba, and some Prince Edward Island residents have cancelled or rebooked trips as airlines reduce flights.

NanoXplore reported Q2-2026 revenues of $27,580,290, a 17% decline year-over-year, and an adjusted EBITDA of $224,355 for the quarter.

Mattel missed fourth-quarter revenue and earnings estimates and forecast 2026 adjusted EPS below analysts' expectations; shares fell about 21% after hours.

The article reports Mark Carney offered a guarantee of a Canadian win while Canada's women's hockey team trailed the U.S. 4-0 late in a preliminary Olympic game in Milan, and it also notes former U.S. president Donald Trump posted complaints on Truth Social about the Gordie Howe International Bridge.

The Canadian Federation of Agriculture said Food Freedom Day fell on Feb. 8, meaning the average household worked 39 days into 2026 to earn enough for the year's groceries; the CFA reported that lower-income households spend a much larger share of their disposable income on food.

WestJet, Air Transat and Air Canada have halted passenger flights to Cuba and said they will send empty aircraft to bring customers home, after Cuba warned it will run out of jet fuel amid a U.S. oil blockade; Cirium reported 605 planned flights with about 116,000 February seats before cancellations.

Sales of VQA Canadian wines have jumped after Ontario expanded retail alcohol access and some U.S. brands were removed from shelves, boosting demand for Niagara producers such as Henry of Pelham.