Business

More than 61,000 Canadians in Mexico had registered with Global Affairs Canada by 5 p.m. ET Tuesday, and several Canadian airlines resumed flights to and from Puerto Vallarta after weekend disruptions.

Ontario's 2024 auto-insurance reforms take effect July 1, making several accident benefits optional while medical, rehabilitation and attendant care remain mandatory.

Anand did not advise Canadians to cancel trips to Mexico; Global Affairs Canada continues to urge a high degree of caution in several states while major carriers have resumed some flights.

Home Depot reported a 3.8 per cent sales decline in the quarter to Feb. 1, 2026, and said customer concerns about jobs, inflation and financing are keeping many from starting home projects, with the company expecting subdued demand through 2026.

Airbnb is offering a new-host incentive of about CAD 1,000 for full-home listings that welcome first guests by July 31, 2026, and a Deloitte study estimates Toronto hosts could earn roughly CAD 2,700 on average during the World Cup.

Several Canadian carriers have announced the resumption of some Mexico flights while the Canadian government maintains regional travel advisories for parts of the country.

Laurence des Cars resigned as director of the Louvre after months of scrutiny following an October theft of crown jewels and other operational problems; President Macron accepted the resignation and announced a new G7-era mission for her.

The Community Bargaining Association says it reached a tentative agreement with the B.C. government for more than 26,000 community health workers; details and a ratification timeline will be shared with members in the coming weeks.

Mexican President Claudia Sheinbaum said flights to and from Puerto Vallarta were expected to resume soon, and some Canadian carriers have begun rebooking stranded passengers; Global Affairs Canada reports thousands of Canadians are in Mexico.

Florida Gov. Ron DeSantis and the Florida Cabinet approved transferring a 22-acre plot of state land in Tampa to Hillsborough College for a proposed Rays ballpark; the state retains the right to reclaim the land if key stadium components are not in place within five years.

Global Affairs Canada says parts of Mexico are becoming more stable, and about 55,000 Canadians have registered with the Registration of Canadians Abroad program.

A Feb. 20 Q&A with three reporters noted that nearly one in five Canadians is over 65 and highlighted common themes: early family conversations, legal paperwork such as wills and powers of attorney, and the practical and financial strains on caregivers.

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 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 participated in a $250 million funding round for Dutch chipmaker Axelera AI, which builds processors for AI inference intended for edge devices.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.