Business

Elvis Smylie won the LIV Golf Riyadh tournament in his first LIV start with a bogey-free 8-under 64, finishing one stroke ahead of Jon Rahm; his team, Ripper GC, also won the team title.

Sun Peaks Resort announced it was certified again by Great Place To Work in 2026 based on employee survey responses, and it collects feedback through formal surveys and an employee-led Kaleidoscope Committee.

President Zelensky said the United States has proposed that Ukraine and Russia reach an agreement to end the war by June and has offered to host the next round of trilateral talks in the U.S.; he also reported renewed Russian strikes on energy infrastructure that forced nuclear plants to cut output.

Stellantis announced it will end ACC factory operations in Germany and Italy and said affected workers will be offered roles within the company; the automaker also reported €22.2 billion in writedowns largely linked to unprofitable electric-vehicle projects.

The Eglinton Crosstown LRT opens after years of delay and cost overruns; experts say it could add redundancy and capacity to Toronto's rail network, but its benefits depend on smooth operation and stable funding.

Toronto's 19-kilometre Eglinton Crosstown LRT is scheduled to begin service Sunday after construction that began 15 years ago and an opening six years later than planned; politicians and transit officials acknowledged problems during the rollout.

British Columbia has filed to ask the Supreme Court of Canada to hear an appeal of a court ruling tied to the Declaration on the Rights of Indigenous Peoples Act and says it will also propose legislative amendments; First Nations leaders say the proposed changes would effectively gut DRIPA.

China's Supreme People's Court has overturned the death sentence of Canadian Robert Lloyd Schellenberg, Global Affairs Canada confirmed, and Ottawa said it will continue to provide consular services to him and his family.

The article reports that President Trump removed India's 25% Russia-related tariff after a deal in which India agreed to buy $500 billion of U.S. goods and to reduce trade barriers on agricultural, manufactured, chemical and medical-device products.

President Trump announced a TrumpRX website that lists medicines from companies that agreed to Most Favored Nation pricing, and the site shows U.S.-to-Canada price comparisons including an example for the fertility drug Gonal-F.

Metrolinx's CEO apologized after a GO train derailed while leaving Union Station and contacted a track switch, disrupting signalling and forcing modified schedules; the agency says repairs are done and hopes normal service will resume by Saturday.

Unemployment rates in Kelowna and Kamloops fell in January after declines in the local labour force, with Kamloops at 4.8% and Kelowna at 6.8%.

Amazon forecast a sharp rise in capital spending tied largely to AI infrastructure, and shares moved lower after the company's capex outlook exceeded analysts' expectations.

Experts say 2026 mortgage renewals in British Columbia should be manageable as delinquency rates remain a fraction of one per cent and many 2021 borrowers have paid down substantial principal.

Halifax expects a 10.9% rise in average urban residential property tax bills for 2026-27, and councillors are reviewing cuts and new revenue options including paid Saturday parking and higher parking fees as part of the budget process.

The University of Michigan's Consumer Sentiment Index rose to 57.3 in February, the highest since last August, while worries about job security and higher prices remained widespread.

A White House executive order announced on Jan. 7 restricts defence contractors from paying dividends or buying back shares and proposes capping annual CEO pay at US$5 million; Reuters reporting says investors and some executives expressed concern while several companies said they would review or defend payout policies.

Alto held public information sessions in Toronto to gather feedback on the proposed high-speed rail line linking Toronto and Quebec City, and alignment decisions are expected to be refined later in 2026 after studies and a second round of consultation.

Statistics Canada reported Canada lost about 25,000 jobs in January, led by a 28,000 decline in manufacturing and a 67,000 drop in Ontario; the unemployment rate fell to 6.5% as labour-force participation declined.

Alysa Liu returned to the 2026 Milan Cortina Olympics after a two-year break and a 2025 world title, and her short program on opening day helped keep the U.S. team in the lead.

Bitget announced the Bitget Fan Club, a tiered community program that recognizes users as contributors and offers progression-based benefits such as badges, token airdrops, feedback channels, and event invitations.

Women are set to make up 47 per cent of athletes at the Milan Cortina Winter Olympics, and Canada's 206-member team includes 107 female athletes.

Statistics Canada reports the unemployment rate fell to 6.5 per cent in January, down 0.3 percentage points from December 2025 after 94,000 fewer people looked for work.

Stellantis is selling its 49 per cent stake in the NextStar EV battery plant in Windsor to joint venture partner LG Energy Solutions, and the automaker is taking a $35.5 billion writedown. Financial filings show Stellantis will receive a nominal fee of $100 for its stake, and NextStar is slated to receive up to $15 billion in subsidies over the next decade.

Carla MacLeod, coach of Czechia's women's hockey team and the PWHL's Ottawa Charge, was diagnosed with breast cancer in November and has continued coaching at the Milan Cortina Games while scheduling treatments around the tournament.

Talks between Glencore and Rio Tinto ended after 24 hours, and those discussions began in mid-December.

Small business confidence in Canada was roughly unchanged in January, while B.C. inflation cooled to 1.7% year‑over‑year in December.

LG Energy Solution has bought Stellantis's 49% stake in NextStar Energy, becoming the sole owner of the Windsor battery joint venture; Stellantis said it will remain a customer and batteries at the Windsor plant have been reprioritized for grid storage.

Brandon Ingram scored 33 points as the Toronto Raptors beat the Chicago Bulls 123-107, and the game fell on the one-year anniversary of his trade to Toronto while he remembered his late great aunt who raised him for seven years.

Kevin Warsh, President Trump's nominee for Federal Reserve chair, wrote about central bank independence in 2010 and has recently argued the Fed needs institutional change; Bank of Canada Governor Tiff Macklem said Fed independence matters for Canadian markets.