Business

Soaring fuel costs push Air Canada to lower earnings forecast

MONTREAL — Air Canada says it expects lower earnings this year due to sky-high fuel costs after a tough quarter that saw its bottom line nearly cut in half.

3h ago

Canada still reviewing F-35 purchase after RCAF received its first jets: minister

OTTAWA — Defence Minister David McGuinty says the federal government's planned purchase of 88 F-35 stealth fighters remains under review, even after the military received its first two F-35s in recent days.

3h ago

Canada's unions prepare for nationwide fight over Ottawa's labour law proposals

OTTAWA — Canadian labour leaders are warning that unions could bring about a nationwide job action if Ottawa rams through a contentious suite of proposed changes to the Canada Labour Code.

6h ago

Carney says Cleveland-Cliffs must honour Stelco commitments amid layoff dispute

Prime Minister Mark Carney says it would be a mistake for Cleveland-Cliffs Inc. to fail to honour the commitments it made when it bought Stelco.

7h ago

Nearly 60% of Canadians plan to participate in Halloween, according to new poll

Nearly six in 10 Canadian residents say they will participate in Halloween in some way on Saturday night, but Torontonians seem to be the scaredy-cats of the bunch, according to a new poll. Only 48...

15h ago

Carney says Canada wants to be 'associate member' of the European Union

OTTAWA — Prime Minister Mark Carney says Canada is working to become an "associate member" of the European Union, after largely avoiding that term.

5h ago

Red ink Ontario: Ontario deficit to balloon to $16.9 billion

The Ford government expects its deficit to climb significantly to $16.9 billion as a result of economic uncertainty caused by U.S. trade action and overall global economic uncertainty. During its 2026...

7h ago

What the Bank of Canada's rate hike means for your money

The Bank of Canada raised its benchmark interest rate for the first time in more than three years on Wednesday.

October 28, 2026 6:10 pm EST EST

$40M Lotto Max ticket claimed just hours before expiring

Hours before a $40 million lottery ticket was set to expire, someone has come forward to claim the prize.

October 28, 2026 3:51 pm EST EST

Proposed Air Canada-United deal would hurt competition, raise prices: watchdog

The country's competition watchdog says a proposed co-operation arrangement between Air Canada and United Airlines would reduce competition and raise airfares.

October 28, 2026 12:35 pm EST EST