Business

Manitoba will raise operating funding for public school boards by 2.9 per cent (about $51 million) for 2026–27 and add $15.2 million for building-related costs, while independent schools receive $16.6 million.

Officials say substandard scaffolding netting and foam boards helped the Nov. 26, 2025 blaze spread, and the fire left 168 people dead; residents of Wang Fuk Court are living in temporary housing while a government task force analyzes homeowners' resettlement survey replies.

Almost 75% of Canadians lack a workplace pension, while defined-benefit plans provide lifetime monthly income but do not act like savings for large one-time expenses.

Opening statements begin this week in Los Angeles in a bellwether trial against Meta and YouTube over allegations their platforms harmed children, and a separate New Mexico trial also starts with related claims.

Over the weekend the TTC opened the Eglinton Crosstown LRT (Line 5), and Bell is offering LTE, 5G and 5G+ coverage at most of the line’s 25 stations while allowing open access for other carriers.

British Columbia is backing a private bid to host the proposed Defence, Security and Resilience Bank in Vancouver, which would finance military projects for NATO members and allied democracies. Toronto, Montreal and Ottawa are also under consideration in the international hosting competition.

Cuban aviation officials notified airlines that jet fuel will not be available at nine airports, including Havana, from Tuesday through March 11. Air Canada suspended flights and about 3,000 customers in Cuba are awaiting return flights amid broader energy rationing.

State officials reported that a Burger King franchisee had 1,656 child labour and wage-payment violations from 2023 to 2025, affecting more than 600 young workers. The Wisconsin Department of Workforce Development has ordered the franchisee to pay over US$237,000 in unpaid wages and faces penalties up to $828,000.

Shai Gilgeous-Alexander has joined the ownership group of Hamilton's TD Coliseum and the partnership includes naming the Ares Atrium after his son; the revamped arena opened in November with Paul McCartney.

Oak View Group announced that Hamilton native and NBA star Shai Gilgeous-Alexander is investing in and joining the ownership group at TD Coliseum. The statement says the arrangement includes community activities and features such as an atrium named Ares Atrium and a basketball court called SGA Court.

Several Canadian airlines issued travel advisories after Havana's José Martí International Airport posted an FAA NOTAM saying 'Jet A1 fuel not available' from Tuesday through March 11.

Bombardier will acquire Velocity Maintenance Solutions, adding a Wilmington hangar and 14 mobile repair trucks in the United States. The move comes after public comments from the U.S. President that threatened decertifying Canadian-made aircraft, a step that has not been taken.

Customer non-payment at Nova Scotia Power has roughly doubled to about eight per cent after last year's cyberattack disrupted smart meters, and the utility says it will reconcile estimated bills once true meter readings resume and aims to fully reconnect the network by the end of March.

Sanae Takaichi's Liberal Democratic Party won a postwar landslide that gives her broad authority in the lower house, and markets are waiting for details of her fiscal plans as Tokyo stocks climbed while the yen and government bond yields stayed steady.

The Air Canada Foundation has launched the Big Dreams Grant Program to support the health and well-being of children and youth through active recreation and sports, inspired by the spirit of Team Canada.

Bombardier announced it has acquired Velocity Maintenance Solutions through its U.S. unit Learjet Inc., adding a maintenance, repair and overhaul provider to its Services business.

Kroger named former Walmart executive Greg Foran as its chief executive after a year‑long search following Rodney McMullen's removal; Foran most recently led Air New Zealand and previously ran Walmart U.S.

Arch Biopartners announced that its scientists published data linking the cytokine IL-32 to inflammation and diabetic kidney disease, and the release notes ongoing development of drug candidates targeting chronic kidney disease and the DPEP-1 pathway.

The Hong Kong Trade Development Council will stage its 'Two Shows, Two Venues' jewellery marketplace in early March. The 12th Hong Kong International Diamond, Gem & Pearl Show runs 2–6 March at AsiaWorld‑Expo and the 42nd Hong Kong International Jewellery Show runs 4–8 March at the Hong Kong Convention and Exhibition Centre.

Canada will allow up to 49,000 Chinese electric vehicles annually, with officials saying more than half could be priced under $35,000 within five years; imports are expected to begin this year and experts highlight questions about resale value, parts distribution and winter range.

The article reports the U.S. tapped Vitol Group and Trafigura Group to market Venezuelan oil, and the article mentions Reliance Industries Ltd. recently acquired a cargo after pausing trade when U.S. sanctions waivers expired.

After about 15 years of work, the 19-kilometre, 25-stop Eglinton Crosstown LRT began service at Mount Dennis; it opened six years late and its final budget approaches $13 billion.

The federal government announced a $1.01-billion contingency loan facility for Canada Post to help maintain solvency; it tops up a previous $1-billion credit line that was exhausted in December. Ottawa is reviewing a submitted transformation plan while a tentative labour agreement awaits ratification.

The Eglinton Crosstown opens Sunday after a 15-year construction period; the article reports the line’s trainsets and platform design have much lower capacity than a Toronto subway, which could lead to crowding on the busy western segment.

Anna Gasser qualified ninth for the Olympic big air final and remains in contention for a third straight gold; Zoi Sadowski-Synnott topped qualifying with the highest combined score.

Prime Minister Sanae Takaichi won a decisive election mandate and markets have reacted, with domestic shares reaching record highs while Japanese government bond yields and the yen have come under pressure.

Russian attacks on Ukraine's energy grid have caused repeated power outages that are forcing many firms to rely on backup generators and raising operating costs. A Kyiv School of Economics forecast says these strikes are the most acute short-term risk to GDP.

U.S. ice dancer Vadym Kolesnik was reunited in Milan with two relatives from Kharkiv after four years apart thanks to a GoFundMe, and they attended the Winter Games as he prepared to compete.

As Line 5 opens in phases on Feb. 8, experts say years of delays, construction defects and legal disputes have exposed weaknesses in how Toronto plans and contracts major transit projects.

The Eglinton Crosstown opens Sunday at 7 a.m. after a 15-year construction period, and its subway-like western section may face crowding because the trains and platform design offer significantly less capacity than a typical Toronto subway.