Business

State Street and the Abu Dhabi Investment Office (ADIO) will open an Al Ain operations hub expected to create more than 300 jobs. The hub is part of ADIO's FIDA cluster, which is projected to add AED56 billion to Abu Dhabi's GDP and attract at least AED17 billion in investment by 2045.

People lined up in Calgary to sign a separatist petition; Premier Danielle Smith defended the petition as a democratic expression while former mayor Naheed Nenshi said Smith is 'playing both sides.'

Bricks & Minifigs reached more than 300 stores in 2025 and opened 150 locations since 2023, growing its franchise network through a buy-sell-trade LEGO retail model.

The federal government will boost GST rebates with a one-time top-up this year and phased 25% increases over the next five years; advocates say the measure is a useful step but may not be enough to end food insecurity.

Energy Minister Tim Hodgson said Canada wants to diversify after exporting about 98% of its energy to the United States and is exploring supplying crude oil, liquefied natural gas and uranium to India; Canada currently does not export crude or LNG to India.

Anta Sports will buy 43 million Puma shares from Artemis at €35 each, taking a 29% stake in a deal valued at about €1.51 billion ($1.79 billion) that is expected to close by year-end pending regulatory approval; the article mentions Puma reported a more than 15% sales decline in Q3 last year.

The federal government will allow up to 49,000 Chinese electric vehicles to be imported annually at a 6.1% tariff, and experts say Canada’s existing charging network and power grid can generally absorb that increase while gaps remain in remote areas and multi-unit housing.

The federal government will set up a new auto task force that will include the Ontario government, and it will examine car manufacturing, investment, jobs and electrification, Industry Minister Mélanie Joly said.

Two‑way goods trade between Canada and India reached C$13.3 billion in 2024, and Canada is looking to expand energy exports to India, noting India currently accounts for about 1% of its critical minerals exports.

Saskatchewan anti-poverty groups and food bank leaders said Ottawa’s Canada Groceries and Essentials Benefit, which raises the GST tax credit for individuals and families and includes one-time payments, will provide extra income for low- and modest-income households but that provincial supports and broader measures are still needed.

Hanwha Ocean signed a binding memorandum of understanding to provide up to $345 million to Algoma Steel to develop a structural steel beam mill, and the agreement is contingent on South Korean firms winning Canada’s submarine contract.

Vanguard economist Kevin Khang says investor focus is moving from AI infrastructure toward firms that implement AI, and that broader AI adoption may raise productivity in Canada’s service-heavy economy while partly offsetting demographic pressures.

Prime Minister Mark Carney announced the Canada Groceries and Essentials Benefit to boost GST rebate payments this year and a package of funding for food supply and community food programs.

Orezone Gold announced the acquisition of the Casa Berardi gold mine in Canada. The company says the transaction is funded by a financing package with financial sponsorship from Franco-Nevada Corporation.

Prime Minister Mark Carney said Ottawa’s recent trade steps with China comply with CUSMA, and Canada has cut its tariff on Chinese-made electric vehicles to 6.1% with an annual cap of 49,000 vehicles.

Gold reached a record US$5,100 an ounce on Monday, and the article reports that shares of several gold and silver miners rose in morning trading.

The U.S. dollar has weakened recently as investors reassess U.S. policy moves and rising geopolitical risk, prompting a notable multi-day slide; Federal Reserve leadership changes and anticipated rate cuts are also cited as factors.

The AIR MILES Rewards Program will transition to Blue Rewards in summer 2026, and existing Miles will automatically convert to Blue Points with no loss of value; the publisher states 1,500 Blue Points will equal $10 toward e-giftcards and in-lane redemptions.

Prime Minister Mark Carney announced the Canada Groceries and Essentials Benefit to raise GST rebate payments for eligible low- and modest-income Canadians, and the government said it will provide funding to support food supply capacity and local food programs.

As Parliament reopens, the House leader urged Conservatives to support Prime Minister Mark Carney's affordability 'Carney plan', and the prime minister is set to announce an increase to the GST credit aimed at easing grocery costs.

Zijin Gold agreed to acquire Allied Gold for $5.5-billion in cash, paying $44 per share; the transaction will face Canadian national security and net benefit reviews.

The Zayed Sustainability Prize has opened its global submissions for the 2027 cycle. H.E. Dr. Sultan Ahmed Al Jaber said the prize is guided by Sheikh Zayed's humanitarian values and champions innovation, including community-led approaches and AI, to deliver measurable impact and reach the most vulnerable.

The Federal Reserve is under political pressure, but markets and policymakers expect a pause at this week's FOMC meeting; the Supreme Court recently warned that moves to remove a governor could weaken Fed independence.

Nvidia invested US$2-billion in CoreWeave at US$87.20 per share, nearly doubling its stake, the article reports. The funding is intended to help CoreWeave speed procurement of land and power as it aims to build more than 5 gigawatts of AI data-centre capacity by 2030.

India's High Commissioner said Prime Minister Mark Carney will likely visit India in the first week of March and is expected to sign agreements on energy, minerals and technology; formal negotiations on a Comprehensive Economic Partnership Agreement are also expected to begin in March.

A major winter storm prompted widespread school and service closures across the Greater Toronto and Hamilton Area on Monday; multiple school boards and postsecondary institutions reported full closures or delayed openings, and some secondary exams were postponed or rescheduled.

Titan Mining's release outlines plans for the Kilbourne natural graphite project and highlights a targeted 40,000-tonne-per-year profile; it also notes an expected update on a $120 million letter of interest with EXIM and lists a range of risks and assumptions.

Canadian ETFs manage about $739 billion in assets, and discretionary active ETFs represent roughly 32.6% of Canadian ETF AUM.

A 1781–82 avalanche near Nain, Newfoundland and Labrador buried an Inuit winter house and left nine survivors out of 31, and Avalanche Canada's new online database now lists 1,064 known avalanche incidents in Canada.

Parti Québécois leader Paul St‑Pierre Plamondon told a convention that the referendum campaign for Quebec independence is already underway and blamed Prime Minister Mark Carney's recent remarks for effectively launching the federalist 'No' campaign.