Business

Glencore said it has paused emissions-related investments at the Horne smelter after talks with Quebec did not secure the regulatory certainty the company sought; provincial emissions limits take effect in March 2027.

The Washington Post said it laid off about one-third of its staff and eliminated its sports section, Book World and several foreign bureaus including Ukraine and the Middle East; the executive editor described the cuts as a move to refocus coverage on politics and national affairs.

Toronto-area average selling price fell to $973,289 in January, below $1 million for the first time since 2021, and sales volumes were lower year‑over‑year.

Auto industry leaders say they would welcome a reported plan to scrap Canada's EV sales mandate as the federal government prepares to unveil a national automotive strategy; the 2026 mandate was paused last fall and an announcement is expected Thursday.

Dave's Hot Chicken is running its first Super Bowl ad while promoting customizable game-day 'Hot Boxes' and major sports partnerships, as the brand continues global franchise expansion.

The Toronto Regional Real Estate Board reported January sales in the Greater Toronto Area fell 19.3% year-over-year to 3,082, and the average selling price dropped 6.5% to $973,289, falling below $1 million for the first time since January 2021.

Aurora Cannabis reported record global medical revenue, up 12% year-over-year, and said it is shifting focus toward international medical markets as U.S. officials consider reclassifying cannabis for medical use.

The NDP urges Prime Minister Mark Carney to cancel contracts for U.S.-made F-35 fighter jets, including 16 Canada has committed to, and to consider buying Saab's Swedish Gripen; no final decision has been made and the government launched a review last year.

Suncor produced 860,000 barrels per day in 2025 and posted net earnings of $1.48-billion for the final quarter while adjusted operating earnings were $1.33-billion.

Foreign Affairs Minister Anita Anand met U.S. officials in Washington as the administration promoted a preferential trade zone for critical minerals and announced related agreements and a strategic reserve for rare earths.

U.S. Secretary of State Marco Rubio said meaningful talks with Iran must cover Tehran's ballistic missiles and other issues; Iranian officials say they will only discuss their nuclear programme.

B.C. Emergency Management Minister Kelly Greene says the federal government has largely been absent from meetings on flood mitigation for the Sumas area after two major floods in five years, and she is calling for Ottawa to join local and Indigenous authorities at the table.

Toys 'R' Us Canada has filed for creditor protection in Ontario as it seeks a court-supervised restructuring; its 22 stores remain open for now.

Electra said its CFO, identified as Marty, is departing and the CEO credited him with strengthening the balance sheet, completing capital raises and advancing the company’s refinery construction plans.

An Ontario pet owner was notified her monthly pet insurance premium rose to $866 after previous increases; the insurer said rising veterinary costs and a pet's age help explain higher premiums.

The article reports Michelin was discussed during a meeting between Ottawa Tourism and chefs, and it notes Michelin's debut in Quebec in May 2025 with Quebec City recording more one-star restaurants than Montreal.

The World's 100 Best Coffee Shops 2026 list will be announced on February 16 at CoffeeFest Madrid after more than 15,000 coffee shops were evaluated with input from over 800 experts and 350,000 public votes.

President Trump announced a trade agreement with India that he said would lower tariffs and remove a 25% duty, but India's government has not confirmed the details and no formal documents have been published.

The B.C. government says 78 homes have opened in Vancouver and 80 in Langley as a mix of second-stage and long-term housing operated by YWCA BC and Ishtar Women's Resource Society.

Montreal Mayor Soraya Martinez Ferrada said she had two flat tires on Notre-Dame Street and called the city's road conditions worsening; the city says it is prioritizing temporary repairs and plans a citywide spring road repair blitz in the coming weeks.

President Trump's tariff threats have pushed several longtime U.S. trading partners to accelerate deals with each other, including recent EU agreements with India and Mercosur, while investors and some central banks have reduced dollar holdings.

Sunrise Energy Metals' CEO told Reuters the company's Syerston scandium project is expected to be part of the U.S. critical minerals stockpile, and the mine aims to start producing about 60 tonnes a year of scandium oxide in the first half of 2028.

The article says Galaxy Digital and Hut 8 tie big AI data-centre plans to volatile crypto results, and both companies reported large swings in earnings while pursuing multi‑year, capital‑intensive projects.

AMD said sales were helped by selling older chips to China but that activity lowered profit margins, and the stock closed at $242.11 before falling in after-hours trading after the company's guidance disappointed some investors.

The federal government created Build Canada Homes with an initial $13 billion and appointed Ana Bailão as its first CEO; Bailão says BCH announced over 7,000 units in its first 100 days and expects 700 units in Nunavut to be occupied by late April or early May.

At the NHL Stadium Series, the Tampa Bay Lightning brought out cancer survivor Rob Higgins for staged puck shots that could raise up to $1 million; he missed the attempts and the team announced a $200,000 donation.

Maryland-based ESAB agreed to acquire Quebec City–based non-destructive testing firm Eddyfi for $1.45 billion USD, and has made commitments to keep Eddyfi's workforce and head office in Quebec City.

Disney appointed 54-year-old D'Amaro to replace CEO Bob Iger, ending a long-running succession question; the company's Experiences division recorded $36 billion in revenue and about 185,000 employees in fiscal 2025.

Novo Nordisk warned its 2026 adjusted operating profit and sales could decline 5–13% as U.S. pricing pressure, rising competition and patent expiries weigh on Wegovy sales.

President Trump announced he will nominate former Fed governor Kevin Warsh to replace Jerome Powell when Powell's term ends in May, and the nomination requires Senate confirmation.