Business
→ NewsEVREC 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.
Guelph records highest police-reported human trafficking rate in Ontario in 2024
Statistics Canada data show Guelph (with Thunder Bay) had the highest police-reported human trafficking rate in Ontario in 2024 at 11 incidents per 100,000 people; local officials say expanded police resources and community outreach have led to more identification and response.
WNBA sends new CBA counterproposal that includes guaranteed housing for 2026
The WNBA sent a new collective bargaining counterproposal to the players' association that guarantees team housing for all players in 2026 and sets different housing rules for 2027–28, and the league reportedly adjusted some financial terms including a slight increase to the players' share of net revenue and higher employer 401(k) contributions.
B.C. premier defends 2026 budget and asks to be judged on outcomes
Premier David Eby defended the province's 2026 budget at a Greater Vancouver Board of Trade event, saying economic growth is needed to stabilize finances amid a projected $13-billion deficit and rising debt. The business group gave the budget a D grade and raised concerns about expanded Provincial Sales Tax and long-term operating deficits.
Hockey fans to pack pubs and arenas for gold medal breakfast
The article reports the Premier posted on X that the province will allow bars and restaurants to sell alcohol starting at 6:00 a.m. as Canadians gather to watch Team Canada face Team USA at 8:10 a.m. in Milan for the Olympic gold-medal game.
Ramadan and Lent overlap highlights shared practices, says imam
Muslims observed the first full day of Ramadan the same day Christians marked Ash Wednesday in Calgary, the first such overlap in more than 30 years; local faith leaders said the coincidence has prompted dialogue and highlighted commonalities between the two faiths.
U.S. military airlifts small reactor as administration pushes to speed nuclear deployment
The Pentagon and U.S. Energy Department flew a 5-megawatt microreactor without fuel from California to Utah for testing, officials said. The move is described as part of an effort to accelerate licensing and deployment of microreactors for military and civilian power needs.
RCMP's reserve program faces recruitment, training and resource challenges
An internal RCMP evaluation found recruitment, training, resource and management issues are limiting the reserve program’s ability to meet needs; the RCMP has provided a management response that includes reviews and timelines to address the report’s recommendations.
Russia-Ukraine conflict shows prolonged damage and displacement
As the war enters its fifth year, reports say about 5.9 million Ukrainians have been displaced and at least US$176 billion in direct damage was recorded to Dec. 31, 2024.
Cuba running on fumes as Canada weighs sending humanitarian aid
Canada says it is evaluating whether to send humanitarian aid as Cuba faces severe fuel shortages linked to U.S. measures that have limited oil deliveries, and Ottawa has urged Canadians on the island to consider leaving.
CUSMA carveout preserved in Trump's 10% global tariff
The White House said goods compliant with the Canada‑U.S.‑Mexico agreement (CUSMA) are exempt from President Trump's newly announced 10 per cent global tariff; the move followed a U.S. Supreme Court ruling that struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA).
Mexico and Canada receive exemption to 10% US levy while USMCA faces risk
Mexico and Canada received an exemption from a proposed 10% U.S. levy under a USMCA carve-out, and the administration says it seeks continuity as the tariff order takes effect on Feb. 24.
Ottawa working with provinces to reduce developer fees, minister says
The federal government is discussing a joint program with provinces to invest about $25 billion in community infrastructure to lower development charges, Housing Minister Gregor Robertson said. He also noted the federal Build Canada Homes agency has an initial $13 billion commitment to support non-market housing and modern construction methods.
First tax season since CRA revamped services introduces new account tools
The Canada Revenue Agency has updated call centres, websites and My Account features after a service improvement plan, and the tax-filing season runs until April 30 for most taxpayers.
B.C. could challenge U.S. lumber tariffs in U.S. courts, Eby says
B.C. Premier David Eby said a recent U.S. Supreme Court ruling may let the province challenge a 10% U.S. national-security tariff on softwood lumber and that officials will consult a U.S.-based law firm; existing anti-dumping levies remain in place and total about 45%.
Transport Canada certifies Gulfstream G500 and G600 after U.S. tariff threat
Transport Canada has approved Gulfstream's G500 and G600 business jets, according to a government document posted online; other Gulfstream models, including the G700 and G800, remain under review and U.S. President Donald Trump had previously threatened tariffs over certification disputes.
Epstein revelations shake Royal Family while causing little ripple in Trump's America
Andrew Mountbatten-Windsor has been arrested on suspicion of misconduct linked to Jeffrey Epstein, and the Epstein file disclosures have prompted resignations and political fallout in several countries while producing relatively limited consequences so far for many Americans named in the files.
B.C.'s debt is taking a growing share of provincial revenues
This year British Columbia will divert just over six cents of every revenue dollar to interest payments, rising to an estimated 8.2 cents by the end of the fiscal plan, while the budget forecasts a record $13.3-billion deficit.
Montreal announces new plan to allow encampment 'tolerance zones'
Montreal will permit some homeless encampments on designated city land under a new 'tolerance zones' protocol, and officials said camps will be relocated only for safety or nuisance concerns because dismantling often harms vulnerable people.
