Sovereign wealth funds are usually started with extra money that governments then use to invest. But the Canada Strong Fund will differ from wealth funds in some other countries, and there are plenty of details that still need to be sorted out. Read More
Rogers offering buyouts to about 10,000 employees as it aims to cut spending
Telecommunications, media and sports giant Rogers Communications Inc. confirmed to CBC News on Monday that it is offering voluntary buyouts to about 10,000 eligible employees. Read More
Shell goes big on Canadian gas with $22B deal to buy ARC Resources
Oil giant Shell is acquiring Canadian energy company ARC Resources in a stock-and-cash deal valued at $22 billion, including assumed debt. Read More
Elon Musk, Sam Altman head to court in trial over Open AI’s founding vision
Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred their once-shared vision for the development of artificial intelligence. Read More
Carney announces creation of Canada’s first national sovereign wealth fund
Prime Minister Mark Carney has unveiled his plan to create Canada's first sovereign wealth fund. Read More
Many Canadians have avoided the U.S. for over a year. Have we reached the point of no return?
The ongoing U.S. travel boycott is showing no signs of letting up. March marked the 14th consecutive month of steep declines, with Canadian return trips to the U.S. plummeting 32 per cent compared to pre-boycott March 2024. Canadians are still travelling, but more are opting for domestic and overseas trips. Read...
Otterly adorable: River otter pups found hidden under Richmond shed
Chances are, at some point, everyone encounters a not-so-welcome visitor in or around their home. Perhaps a destructive squirrel in the attic, a smelly skunk under the porch or a raccoon absolutely destroying garbage bins — but this story, dear reader, is about a family of otters. Read More
Gatineau woman told her bird feeder could lead to $400 fine
A Gatineau woman said she's taken aback after the city warned her she could face a $400 fine over the bird feeder in her backyard. Read More
Toronto resale tickets for World Cup no longer on FIFA site following new price cap rule
FIFA's marketplace for resale World Cup tickets no longer has seats listed for Toronto matches after a new price cap came into effect last week. The Ontario legislation bans people and platforms from reselling seats to events in the province for more than face value. Read More
U.A.E. leaving OPEC amid Middle East energy supply crunch
The loss of the U.A.E., a longstanding OPEC member, could weaken the group, which has usually sought to show a united front — despite internal disagreements over a range of issues, from geopolitics to production quotas. Read More