Business

Prime Minister Mark Carney will press to ease Chinese tariffs on Canadian canola during a trade mission to China, and a deal is reported to hinge on Canada dropping or lowering tariffs on Chinese electric vehicles.

Granite REIT announced a distribution for January 2026 and said it owns 147 logistics and industrial properties representing about 62.6 million square feet of leasable area.

WestJet has cancelled a denser seat configuration after feedback from employees and customers; the layout had been installed on 22 Boeing 737s and was planned for 21 more.

President Trump said he supports a trade agreement between Canada and China, after his administration earlier issued mixed messages about the deal.

Mississauga city council approved a bylaw change that stops new restaurants from opening at Ridgeway Plaza and aims to reduce the total number of restaurants by about 15 percent over time.

A public memorial for Greg Biffle and other victims of last month's plane crash will be held at Bojangles Coliseum in Charlotte and livestreamed; the NTSB is continuing its investigation into the cause of the crash.

Russian annual inflation slowed to about 6% in 2025, down from 10% in 2024, Rosstat reported. The Central Bank of Russia kept rates near 20% for almost two years and began easing them in 2025 as price growth sagged.

Ottawa persuaded China to temporarily suspend a 25 per cent tariff on Canadian lobster and crab, a move that industry leaders say eases pressure on Nova Scotia exporters; the suspension is reported to run from March to the end of the year and it is unclear whether other seafood is included.

Nearly 40 cm of snow fell on Jan. 15 at Toronto Pearson, and FlightAware logged 539 delays and 343 cancellations; some passengers reported waits of up to five hours to deplane or depart.

Doug Ford criticized a reported Canada-China trade deal he called a threat to the auto industry; the agreement was reported to cut canola tariffs substantially and allow 49,000 Chinese electric vehicles into Canada at a much lower tariff.

Bitget released a global video starring World Cup winner Julián Álvarez that uses a stylized football megastore to illustrate the company's Universal Exchange (UEX) concept of providing unified access to multiple asset classes through one account.

A report says Canada's luxury home market has become more regionalized and average prices held steady nationwide.

Panama's government has proposed allowing removal and processing of about 38 million tonnes of stockpiled ore at the shuttered Cobre Panama mine, and First Quantum says that stockpile could yield roughly 70,000 tonnes of copper and help offset preservation costs in 2026.

Arch Biopartners announced the appointment of Dr. Patrick Vink as chairman of the board in a press release dated January 16, 2026. The release also contains forward-looking statements about the company's drug-development programs targeting chronic kidney disease and the DPEP-1 pathway.

Endeavour Silver released its consolidated 2026 guidance, forecasting 8.3–8.9 million ounces of silver from Terronera, Guanaceví and Kolpa and consolidated cash costs of $12.00–$13.00 per payable silver ounce (net of by-product credits). The release also outlines sustaining capital of $91.0 million and project spending, including $65.8 million planned for the Pitarrilla project.

Hudbay reported preliminary 2025 production of about 118,188 tonnes of copper and 267,934 ounces of gold and said it met its consolidated copper and gold production guidance for the year despite wildfire evacuations and other interruptions.

Global stock indexes stayed close to record highs while the dollar held near a six-week high and geopolitical tensions remained a focus.

Residents in the Greater Toronto Area are returning to regular schedules a day after a major snowstorm, and Environment Canada forecasts 2–4 cm of additional snow with flurries into the night.

Microsoft said it took down an alleged cybercrime-as-a-service marketplace called RedVDS and reported Canada was one of the most targeted countries.

About 350 young cross-country skiers and biathletes train at a government-run sports base near Chernihiv despite wartime damage and air-raid alerts; the center produced Ukraine's first Olympic medal and some athletes are preparing for the Milan–Cortina Winter Olympics.

Amanda Nahwegahbow, 38, was found dead in a tent at the Energy Court encampment after a reported fire; Sudbury police say the cause is under investigation. City officials say they have revised their approach to fires at the site to allow contained burn barrels under monitored conditions and added more fire extinguishers.

ROOST has opened ROOST Rainey in Austin, its first Texas property and eighth U.S. location, featuring 59 apartment-style units and access to Paseo's shared amenities.

Bilt introduced Bilt Card 2.0, three credit cards that reward both rent and mortgage payments; the lineup includes a no-annual-fee Bilt Blue Card with 1X points and 4% back in Bilt Cash, plus the Bilt Obsidian and Bilt Palladium options.

On a week-long trade mission to India, B.C. Premier David Eby said Indian investors have shown strong interest in the province’s mining and LNG projects and described closer ties as important amid U.S. trade tensions.

Bombardier will build a 126,000-square-foot manufacturing centre in Dorval, Quebec, at an estimated cost of about $100 million and expected to open before the end of 2027; the project is expected to create about 330 jobs and includes a $35‑million repayable loan from Investissement Québec.

The City of Calgary mailed more than 600,000 assessment notices; the typical single-family home is assessed 1% higher at $706,000 while the typical condo is down 3% at $347,000.

The article mentions Brookfield is positioned for 2026 with investments in AI-related infrastructure and expects meaningful carried interest cash flows in the coming years.

B.C. now has its first hydrogen Class 8 truck in operation after a late-2025 demonstration run by FortisBC and Loblaw, but widespread use faces barriers such as high vehicle and fuel costs, limited hydrogen supply and sparse refuelling infrastructure.

The City of Nelson is building a housing dashboard to centralize data from multiple sources. City officials said the tool is meant to help the municipality prepare for potential provincial housing targets under the Housing Supply Act.

The city will activate the final pump Friday to return flow to the Bearspaw feeder main; if the system stays stable for 24 hours, officials plan to begin lifting water restrictions.