Business
→ NewsCanadian Queer Chamber launches The FAM Program to support 2SLGBTQI+ businesses nationwide
The Canadian Queer Chamber of Commerce has launched The FAM Program to provide a national professional network, events, and resources for 2SLGBTQI+ business owners across Canada, with free membership offered until March 31, 2026.
Axsome Therapeutics begins CLARITY Phase 3 trial of solriamfetol in adults with major depressive disorder and excessive daytime sleepiness
Axsome Therapeutics has initiated the CLARITY Phase 3 trial studying solriamfetol in adults with major depressive disorder who experience excessive daytime sleepiness; the company's press release includes standard forward-looking statements and associated risks.
BlackRock backs Dutch chipmaker Axelera AI in $250 million round
BlackRock participated in a $250 million funding round for Dutch chipmaker Axelera AI, which builds processors for AI inference intended for edge devices.
Food prices are reshaping Canadian grocery shopping.
Canadian grocery prices were more than 7% higher year‑over‑year in January, and shoppers are shifting toward discount retailers, private‑label items and surplus/liquidation stores.
Stocks dip as investors stay wary over AI disruption
Global shares fell for a second day amid uncertainty over new U.S. tariffs and renewed worries about AI-driven disruption; a 10% across-the-board tariff took effect Tuesday after the Supreme Court ruling.
Mortgage debt may top $2 trillion in 2026, Equifax Canada says
Equifax Canada reports mortgage debt in Canada may exceed $2 trillion in 2026, and the firm says first-time buyers still face difficulty despite lower interest rates and some local price declines.
Islander in Puerto Vallarta says he feels safe despite nearby violence
A Canadian in Puerto Vallarta told CBC he felt safe after the Mexican government announced the death of cartel leader Nemesio Rubén Oseguera Cervantes, an event that was followed by retaliatory violence and federal warnings for some travellers; multiple airlines suspended flights to Puerto Vallarta.
Cuban ambassador to testify as Ottawa says aid is on the way
Ambassador Rodrigo Malmierca Diaz will appear before the House foreign affairs committee this afternoon as Ottawa says it is preparing humanitarian assistance for Cuba; Global Affairs Canada officials are also scheduled to testify.
Air Canada, WestJet and Air Transat resume Mexico flights after violence
Three Canadian carriers said they will resume scheduled service to parts of Mexico after violence that followed the reported death of a cartel leader; Air Canada said it consulted Canadian and Mexican authorities and will resume flights from several cities on Tuesday and Wednesday.
B.C. approves Copper Mountain mine expansion amid environmental concerns
British Columbia approved the expansion of the Copper Mountain mine, and Hudbay says the extended project will produce large amounts of copper, gold and silver; environmental groups have raised concerns about a planned raise to the tailings dam.
Slumping tech stocks revive concerns about AI-driven disruption
Technology shares fell sharply, with the S&P/TSX Information Technology Index dropping more than 3% and falling over 20% year to date, as analysts cited renewed worries that artificial intelligence could disrupt business models and valuations.
Alberta immigration referendum could harm province, experts say
Experts told Global News that Premier Danielle Smith’s proposed rules limiting service access for some non-permanent residents could make life harder for newcomers and affect sectors that rely on immigrant labour; a referendum on the measures is scheduled for this fall.
Puerto Vallarta calm begins to return for Kelowna residents
Kelowna residents in Puerto Vallarta report a calmer atmosphere after recent cartel-related unrest, and airlines and officials say the situation is still evolving as schedules and assistance plans are adjusted.
Puerto Vallarta travel disruptions may affect flights and bookings
Airlines canceled flights into and out of Puerto Vallarta on Feb. 23, and several Canadian carriers have announced temporary flexible change or refund options for travel through Feb. 25.
Carney travelling to India, Australia and Japan on 9-day trade mission
Prime Minister Mark Carney will visit India, Australia and Japan on a nine-day trade mission to discuss trade ties in the Indo-Pacific, with scheduled stops in Mumbai, Canberra and Tokyo, his office announced.
IQM to go public in business combination, Toronto Sun reports
Toronto Sun reports that IQM and Real Asset Acquisition Corp. have signed a definitive business combination that values IQM at about USD 1.8 billion pre-money and is expected to leave the company with more than USD 450 million in cash at closing.
Canada-Ukraine Foundation asks federal government to match donations as war reaches four-year mark
The Canada-Ukraine Foundation is asking Ottawa to match private donations in 2026 and says it has raised more than $100 million as the war reaches its fourth anniversary.
Senate committee recommends removing immigration measures from border bill
A Senate social affairs committee report recommends removing or significantly modifying immigration-related sections of Bill C-12, citing concerns about possible human-rights violations, executive powers overreach and lack of procedural fairness; the national security committee will review the bill clause-by-clause and may table amendments.
EVREC Crown lands wind reserve extended to February 2027 as project advances in Central Newfoundland
The Government of Newfoundland and Labrador extended EVREC's Crown lands wind reserve to February 28, 2027 after a provincial review. EVREC says it has met the province's wind-hydrogen framework requirements and is advancing permitting, commercial agreements, engineering and stakeholder engagement.
EVREC Crown lands wind reserve extended to February 28, 2027
The Government of Newfoundland and Labrador extended EVREC's Crown lands wind reserve to February 28, 2027 after a provincial review. The company says the extension supports development of its large-scale wind-to-green hydrogen and ammonia project in Central Newfoundland.
Champions League: UEFA under scrutiny ahead of Real Madrid vs Benfica
Vinicius Jr accused Gianluca Prestianni of racist conduct during the first-leg match, and UEFA has opened an investigation but has not announced a decision ahead of the second leg.
U.S. tariff turmoil leaves Treasury markets uncertain
The Supreme Court ruled against President Trump’s tariffs but did not decide on refunds, creating the prospect of roughly $170 billion in unsettled revenues; markets reacted with a softer U.S. dollar and renewed reassessment of Treasury yields.
What counts as a Canadian firm under the defence industrial strategy?
Canada's $6.6-billion defence industrial strategy aims to raise the share of contracts awarded to Canadian firms to 70 per cent but does not define what qualifies as a "Canadian firm," with officials saying the emphasis is on building sovereign capabilities in Canada.
Wall Street futures slip amid Trump tariff uncertainty.
The U.S. Supreme Court struck down emergency tariffs and President Trump announced a new 15% tariff; Wall Street futures and the U.S. dollar fell while gold and safe-haven currencies gained.
Spousal RRSPs are becoming a strategic tool as household incomes even out
Advisors say spousal RRSPs are less commonly used now that more households have two earners, but they still serve targeted roles such as offsetting a large taxable year or rebalancing retirement assets between spouses.
U.S. men's hockey wins first Olympic gold since 1980 in overtime
The U.S. men's hockey team defeated Canada in overtime on Feb. 22, 2026 to win the country's first Olympic men's gold since 1980, and members of the 1980 team attended the game in Milan.
Ukraine Olympian's banned skeleton helmet draws support at Ottawa rally.
The International Olympic Committee barred Ukrainian skeleton slider Vladyslav Heraskevych from competing over a helmet meant to honour fallen teammates, and about 300 people gathered on Parliament Hill in Ottawa to mark the fourth anniversary of Russia's full-scale invasion of Ukraine.
Jalisco New Generation Cartel leader killed by Mexican army
Mexican officials say an army operation in Tapalpa, Jalisco, wounded and later killed Nemesio Rubén Oseguera Cervantes, known as El Mencho; authorities reported arrests and seizures and noted disruptions to travel and local services.
Travel advisory: Canadians told to shelter in place in Jalisco after reported violence
Canadian travel advisories for Puerto Vallarta and other parts of Jalisco were updated after authorities reported a sudden outbreak of violence; a shelter-in-place advisory was in effect and some airlines suspended flights.
Carney watches Canada-U.S. gold medal hockey game with friends at a pub.
Prime Minister Mark Carney and his wife joined members of the Prime Minister’s Office, Liberal caucus colleagues, friends and family at the Chelsea Pub north of Ottawa to watch the men's Canada–U.S. Olympic gold-medal hockey game; the score was 1-1 late in the second period after Cale Makar tied it for Canada.
