Business

(Bloomberg) — The Chicago Mercantile Exchange was poised to restore most trading operations after an hours-long outage that crippled key parts of financial markets. The exchange said its Globex Futures & Options markets, which handles futures, options, and commodities trading and accounts for 90% of CME Group’s volume, will open at …

OTTAWA — Prime Minister Mark Carney says the federal government has a new suite of supports to build up the domestic steel and lumber industries hit hard by U.S. tariffs. The new plan tightens the quota on steel imports from countries that don’t have free-trade pacts with Canada from 50 …

Low oil and natural gas prices are taking a toll on the industry as drilling activity is falling in Western Canada and job losses are mounting. Oilpatch spending could fall further in 2026, says new industry forecast. Low oil and natural gas prices are taking a toll on the industry …

Canada-based convenience and fuel giant Alimentation Couche-Tard (ATD.TO) says its in-store food service business is thriving in a tough economy. One year into his tenure as chief executive officer, Alex Miller is confident fresh and prepared food will eventually hit Couche-Tard’s internal target for 20 per cent of overall revenue in …

Prioritizing “small, low-density homes” instead of larger units for families “is a peculiar choice” Housing affordability has been a major concern for many Canadians in recent years, with many observers noting that the rate of new construction has not kept up with population growth. (Photo by Artur Widak/NurPhoto via Getty …

This file photo shows Meralco workers (STAR / File)  MANILA, Philippines — Power giant Manila Electric Co. (Meralco) is allocating as much as P30 billion in capital expenditures (capex) next year to further improve and strengthen its distribution networks. Meralco executive vice president and COO Ronnie Aperocho said the company …

Some millennial and Gen Z Canadians believe it’s harder to build wealth now than it was for their parents. So they’re adopting more risk-taking investment strategies. Some say it’s the only thing they think will help them get ahead financially. Some young people say advice from older generations doesn’t account …

With trade uncertainty, tariffs and rising prices, Canadian shoppers are expected to pull back this holiday season. Retailers are offering weeks-long discounts —and for some, their first Black Friday deals ever — in the hope of enticing people to spend. Weeks-long deals pushing steep discounts are how some businesses are …

Department of Energy (DOE) Secretary Sharon Garin (Courtesy: DOE) Most of the country’s major power players have expressed interest in developing nuclear power projects, Energy Secretary Sharon Garin said over the weekend. Garin said while the Department of Energy (DOE) had not received formal proposals, companies were waiting for the …

Laws about greenwashing — making a false or misleading statement about the environmental benefits of a product — will remain on the books, but the Liberal government has said it will be making changes aimed at offering businesses more certainty about what runs afoul of the law. Companies will no …