Business

S&P/TSX composite down more than 600 points after Trump says Iran ceasefire over

TORONTO — Canada's main stock index was down more than 600 points in late-morning trading, while U.S. stock markets also fell after President Donald Trump said a ceasefire with Iran was over because...

2h ago

Air Canada names Scandinavian Airlines head Anko Van der Werff as next CEO

MONTREAL — Air Canada has named Scandinavian Airlines head Anko Van der Werff as its next chief executive, as the country's largest carrier undergoes a major fleet expansion and deals with fallout from...

1h ago

Canada says there's no basis for Trump's forced labour tariffs

WASHINGTON — The Canadian government told the Trump administration new legislation combating forced labour in supply chains should shield Canada from new tariffs. In a written submission to the United...

4h ago

Oil prices rise 5%, and Dow drops 500 points after Trump says ceasefire with Iran is 'over'

NEW YORK (AP) — Oil prices are rising, and stock markets are dropping worldwide Wednesday after President Donald Trump raised doubts about the temporary truce in the war with Iran. The...

28m ago

Trump warns Iran that US is preparing for more strikes after saying ceasefire is over

DUBAI, United Arab Emirates (AP) — President Donald Trump warned Iran on Wednesday that the U.S. was preparing for another night of strikes, just hours after he said the ceasefire was over because of...

1h ago

Crowds, culture and celebrations: looking back on Canada hosting the World Cup

VANCOUVER — Volunteers, supporters, coaches and officials are sharing their favourite memories of the World Cup after Vancouver hosted Colombia and Switzerland in the final match of the tournament to...

4h ago

Rogers Sports & Media shutting down news radio stations outside Toronto

Rogers Sports & Media shut down its news radio stations in Calgary (660 NewsRadio Calgary), Halifax (95.7 News Radio Halifax), Kitchener (570 NewsRadio Kitchener) and Vancouver (1130 NewsRadio Vancouver)...

July 7, 2026 2:13 pm EST EST

NATO looks to Saab to build up to 10 surveillance planes using Canadian jets

ANKARA — NATO Secretary-General Mark Rutte says the alliance is looking to work with Swedish manufacturer Saab on up to 10 radar jets largely built in Canada. Rutte told an audience at the NATO summit...

15h ago

Rogers' MLSE play the latest shift for Canadian sports landscape, experts say

TORONTO — Sports business experts say Rogers Communications Inc.'s full takeover of Maple Leaf Sports & Entertainment is the latest sign of a shift in Canada's professional sports landscape. The...

July 7, 2026 11:52 am EST EST

Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG

A new survey shows trade tensions have some Canadian manufacturers deciding to move production south of the border or delay capital investments. KPMG Canada said on Tuesday that 42 per cent of Canadian...

July 7, 2026 4:00 am EST EST