Business

Matt Weston of Britain leads the men's Olympic skeleton after two heats with a combined time of 1:52.09, and Ukraine's Vladyslav Heraskevych was disqualified before the race began.

The Globe editorial criticizes Pierre Poilievre's request to reduce withholding tax on severance for about 1,200 laid-off GM CAMI workers and notes the finance minister's office rejected the request.

The U.S. House passed a symbolic resolution opposing tariffs on Canada that still needs Senate approval and could be vetoed; Allied Properties shares fell about 28% after a surprise equity sale.

The opinion piece questions claims that AI will cause mass, rapid job losses and notes OECD unemployment is around 5 percent while recent upgrades to ChatGPT and Anthropic's Claude prompted sector selloffs.

Police say an 18-year-old killed eight people and then died by suicide in Tumbler Ridge; authorities and national leaders have expressed support while calls for a thorough investigation continue, and next formal steps are undetermined at this time.

Canada has raised its travel advisory for Cuba, advising Canadians to avoid non-essential travel amid widespread power outages and shortages, and Canadian airlines have suspended southbound flights while repatriating travellers.

German exports to China fell 9.3% in 2025, and the country's annual trade deficit with China reached about €89 billion.

The Manitoba government has launched a study to examine grocery pricing issues, including differential pricing and possible expansion of milk price controls; Manitoba recorded 5.9% store-bought food inflation in the 12 months to December.

The U.S. House passed a largely symbolic measure to overturn tariffs President Trump imposed on Canada, with six Republicans joining Democrats; the measure lacks the two-thirds majority needed to override a presidential veto.

Hearings in Saskatoon are under way for NexGen’s Rook I uranium mine before the Canadian Nuclear Safety Commission, which has 120 days after the hearing concludes to decide whether to grant a licence.

Air Canada ordered eight Airbus A350-1000s, with rights to buy eight more, and says deliveries will begin in the second half of 2030; the airline states the A350‑1000 is about 25% more fuel efficient than older aircraft.

Nathalie Provost says returning to the school weeks after the 1989 École Polytechnique attack helped her reclaim a sense of safety; she shared those reflections as Canadians reacted to a recent school shooting in Tumbler Ridge that left nine people dead.

Heineken said it will cut up to 6,000 jobs after reporting lower beer sales and higher profit; the company plans a significant cost intervention over the next two years.

Kraft Heinz has paused a planned corporate split and signalled that 2026 will be a weaker year as it shifts to reinvest in its U.S. business; the company expects lower sales and profit while funding about US$600 million in pricing, marketing and R&D.

Cha Tra Mue, founded in Thailand in 1945, will open its first Western Canada shop in Vancouver on Friday, Feb. 13; the brand says its original Thai tea blend uses selected black tea leaves finished with condensed milk.

Bellingham has partnered with homesharing company Nesterly to match homeowners with renters and to manage screening, payments and agreements. B.C.'s Ministry of Housing said similar platforms, including Kelowna-based Happipad, are already being used in the province and expressed support for safe online matching services.

All six of Canada's major banks have signed on as partners of the Defence, Security and Resilience Bank, a multinational lender being developed by 13 nations and expected to grow to as many as 40 members.

Alimentation Couche-Tard unveiled a new corporate strategy focused on strengthening its core platforms and pursuing targeted investment opportunities. The announcement follows the company’s decision last July to withdraw a proposal to acquire the parent company of 7-Eleven after about a year of talks with Seven & i.

A broad decline in software stocks has made valuations unstable and is slowing mergers, acquisitions and some planned IPOs, Reuters reported.

Elis Lundholm, a 23-year-old Swedish freestyle skier who identifies as a man, competed in the women's moguls at the Winter Olympics and finished 25th in qualifying; he said he wants to focus on his skiing.

Alberta Premier Danielle Smith said lower oil revenues will force the province to run significant deficits and that she will not raise taxes or make deep service cuts; the government's budget is scheduled to be unveiled later this month.

Sources told Reuters that CME Group is working on plans for a futures contract combining neodymium and praseodymium (NdPr), and rival ICE is also exploring rare earth futures; no final decision has been taken.

Officials reported nine people and the suspected shooter dead and 27 others injured in a shooting in Tumbler Ridge; RCMP investigations are ongoing and further public updates have not been scheduled.

IKEA Canada will offer $1 breakfasts to IKEA Family members from store opening until 11 a.m. on Saturday, with all proceeds donated to the Breakfast Club of Canada.

Oishii has introduced the Koyo Berry, a premium Japanese strawberry varietal, in Toronto and the fruit is available at Fortinos and other fine grocers while appearing on menus at several local restaurants.

Canadian athletes and officials at the Milan Cortina Olympics expressed condolences after a shooting in Tumbler Ridge, B.C., that left ten people dead, including the suspected shooter who died at the school.

DP World is expanding the Port of Posorja quay to 800 metres, which the company says will raise container-handling capacity by 40% to 1.4 million TEUs by the end of 2026.

OPEC projects demand for OPEC+ crude will fall by 400,000 barrels per day in Q2 to 42.20 million bpd, and reports OPEC+ output was 42.45 million bpd in January, down 439,000 bpd from December.

The Labour Department reported 130,000 jobs added in the most recent month and said the unemployment rate fell to 4.3%. Major benchmark revisions have reduced the count of jobs created in the prior year to about 181,000, down from an earlier figure of 584,000.

Non-farm payrolls rose by 130,000 in January and the unemployment rate fell to 4.3 percent, following a downward revision to December payrolls.