Business

Reza Pahlavi, in exile in the United States for nearly 50 years, issued calls rebroadcast by Farsi-language outlets that helped spur major protests in Iran; he also urged further street action for Friday night.

Alberta Premier Danielle Smith asked Prime Minister Mark Carney to approve a one-million-barrel-per-day heavy oil pipeline to the Pacific coast by this fall and said Alberta will formally apply by June; the article reports a recent U.S. operation in Venezuela that officials say could alter heavy oil supply dynamics.

The Ontario government filed a lawsuit seeking $25.9 million, alleging Keel Digital Solutions provided false and misleading reports that led to improper payments; Keel denies the allegations and says it will file a counterclaim.

The article reports President Donald Trump has promised U.S. involvement to pour billions into Venezuela’s infrastructure and revive its oil sector, while many Venezuelans continue to face steep inflation, shortages and widespread poverty.

Glencore announced it is in preliminary discussions on an all‑share merger with Rio Tinto that the article says could create the world's largest mining company; the statement added there is no certainty a deal will be agreed.

A CBRE report says downtown Winnipeg office vacancy rose slightly to 18.6 per cent in Q4 2025, and many firms are relocating from older Exchange District buildings to newer spaces between Norte Dame Avenue and Broadway.

The author bought 80 units of Canadian Apartment Properties REIT, bringing the model portfolio holding to 200 units, and sold a small South Bow position while swapping a U.S.-listed dividend ETF for a Canadian S&P 500 ETF.

A KLM Amsterdam–Toronto flight declared an emergency and landed in Glasgow because of a reported medical issue; it later departed Glasgow and arrived in Toronto without further incident.

Seaspan Shipyards agreed to provide designs for up to six 100‑metre icebreakers to the U.S. Coast Guard, and Canada is separately moving ahead with a 16‑vessel program whose first ship is expected in 2030.

La Mancha Investments announced it sold 8,500,000 ordinary shares of Endeavour Mining for C$71.25 per share, generating roughly C$605 million in gross proceeds, and said it will file an early warning report.

Lula said Mark Carney accepted an invitation to visit Brazil in April and that both leaders condemned U.S. use of force in Venezuela; the Prime Minister's Office readout confirmed talks on a Venezuelan-led transition but did not mention an April visit.

Rogers announced a $50-million, five-year Screen Break program to fund school and community activities and annual research aimed at reducing excessive screen use among young Canadians.

Iran has warned protesters they could face the death penalty as authorities expand a crackdown, and monitoring group Netblocks says a nationwide internet shutdown has been maintained for more than 24 hours.

Economists surveyed expect nonfarm payrolls rose by about 60,000 in December and the unemployment rate eased to roughly 4.5 percent.

EU ambassadors are due to indicate positions that could clear the way for the bloc to sign a long‑running free-trade agreement with Mercosur; France and other opponents have protested and remain opposed.

Telus has offered nearly 700 voluntary severance packages to Canadian workers, including more than 500 United Steelworkers members, aimed at Business Solutions staff in four provinces; affected employees have until Jan. 21 to respond.

Luigi Mangione appeared in federal court seeking to block prosecutors from pursuing the death penalty in the killing of UnitedHealthcare CEO Brian Thompson; the judge did not set a trial date.

The Canadian dollar was about 0.2% lower at 1.3895 per U.S. dollar and was set for a 1.2% weekly drop, its biggest since February; Canada added 8,200 jobs in December while the unemployment rate rose to 6.8%.

Windsor's unemployment rate fell to 7.7 per cent in December as the local area added 300 jobs, while the labour force declined by 400 people.

Mainstreet Equity Corp. announced a 100% increase to its quarterly dividend for the period ending December 31, 2025. The press release includes standard forward-looking statements and related risk disclosures.

The article reports that steady interest rates and an upcoming CUSMA review are expected to influence Toronto's housing market in 2026; TRREB says reaffirmed trade ties and large domestic projects may support home sales while household employment confidence remains important.

President Trump is meeting oil executives at the White House to seek about US$100 billion in investments to revive Venezuela's oil sector, and the administration reported seizing three Venezuelan tankers and said it will oversee sales of previously sanctioned oil.

U.S. housing and mortgage-related stocks rose after President Trump said representatives would buy US$200 billion in mortgage bonds to lower mortgage rates; the Federal Housing Finance Agency said Fannie Mae and Freddie Mac will execute the purchase.

Global markets were cautiously higher as investors awaited Canadian and U.S. jobs reports and a U.S. Supreme Court ruling on the legality of President Trump’s global tariffs.

Board Chairman Pete O'Heeron published a letter saying Liberty Star Minerals made significant progress in 2025 and highlighted the Hay Mountain Project, which includes the Red Rock Canyon Gold Project, Earp Ridge Copper Project and American Strategic Minerals.

The White House said President Trump will meet U.S. oil company executives to discuss investments aimed at restoring Venezuela's oil infrastructure; Venezuela holds the world's largest proved crude reserves but its production has fallen to under 1 million barrels per day.

Employment was little changed in December 2025 and the unemployment rate rose to 6.8%.

Canada's S&P/TSX Small Cap Index is up about 50% over the past 52 weeks, and the article highlights company updates from Blackline Safety, Algoma Steel and Chemtrade among others.

DHS announced what it called its largest immigration enforcement operation, sending about 2,000 federal agents to the Minneapolis–St. Paul area; officials reported about 150 arrests and said investigators are pursuing fraud allegations.

A reported U.S. action that removed Venezuela's president has prompted discussion about a possible return of Venezuelan heavy oil to international markets, and Canadian energy stocks fell on Monday; analysts say a major recovery in Venezuelan production would likely take years and large investment.