8 m. ago Shemdin: Ottawa is missing its chance to be a true 'Capital of the North'

Under relentless development pressure, urban public lands in Ottawa have increasingly fallen to development. We can plan better than this.

Economics

83 m. ago Ukraine Drones Attacked Russia’s Tuapse Refinery, Major Port

Ukrainian drones attacked a major sea port in southern Russia as well as Rosneft PJSC’s Tuapse oil refinery, potentially affecting fuel exports.

Events

2 h. ago North Sea Oil Firms Bemoan Continued Uncertainty on Tax, Permits

Top UK oil and gas producers complained that there’s still little clarity on the government’s plans for taxes and permits for North Sea drilling, making investment decisions difficult.

Economics

4 h. ago GREEN: Time to finally cut red tape and liberate businesses in Canada

Ever since Donald Trump overturned the tables of the regulators in America’s administrative state, many Canadians have finally recognized Canada also has a major excessive regulatory problem of its own. Indeed, Canada’s economy is festooned with red tape. Businesses are forced to comply with seemingly endless paperwork and reporting requirements pertaining to every dimension of […]

Economics

4 h. ago BP Refocuses on Oil Amid Elliott Pressure, But Cuts Buybacks

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but shares fell as the company sharply cut buybacks.

Other

4 h. ago Kraken Robotics Receives $34 Million of SeaPower Battery Orders

Company to Open New Battery Production Facility to Meet Defense Market Demand ST. JOHN’S, Newfoundland and Labrador, Feb. 26, 2025 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received orders totaling $34 million for SeaPower™ pressure tolerant batteries from three clients. In addition, Kraken has […]

Economics

6 h. ago Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit

HONG KONG (AP) — Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said Wednesday. Finance Secretary Paul Chan said during a budget speech that there would be a “cumulative reduction” of government recurrent expenditure by 7% from now until […]

Other

7 h. ago Today's letters: Nothing wrong with having a choice on cataract lenses

Wednesday, Feb. 26: Privately run eye clinic didn't put pressure on me, a reader says. You can write to us too, at letters@ottawacitizen.com

Other

8 h. ago Thailand Surprises With Rate Cut as Risks to Growth Increase

The Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and public calls for lower borrowing costs from both the prime minister and the International Monetary Fund.

Other

9 h. ago Player grades: Slumping Edmonton Oilers fail to get job done at either end of the ice in Tampa

Oilers 1, Lightning 4 It was another bright start for the Edmonton Oilers on Tuesday, the Oilers opening up a first period lead for the third time in 3 games. But for the third time on this nightmarish Eastern road trip, the Oil failed to either build on their early lead or to protect it, […]

Other

9 h. ago Fresenius Sees Hospital Costs Holding Back Higher Profit in 2025

Fresenius SE expects profit growth to slow in 2025 as cost pressures in its hospital business rise, partly due to the expiration of government funding.

Economics

12 h. ago Xi Urges Officials to Stay Calm as US Raises Pressure on China

Chinese President Xi Jinping urged officials to stay composed amid domestic and global challenges, signaling Beijing will take a measured approach to the Trump administration’s new trade and investment restrictions.

Other

14 h. ago Tax Cut Chances Rise as House Passes Budget Targeting Safety Net

Chances for early action on Donald Trump’s tax cut plans improved as House Republicans passed a budget blueprint Tuesday calling for deep cuts in safety-net programs such as Medicaid.

Economics

15 h. ago LILLEY: Trump’s threats on Canada’s economy simply won’t stop

He threatens tariffs, says Keystone XL should come back and then says America doesn't need Canadian oil at all.

Other

15 h. ago US Oil Steadies in the $60s as Dour Economic Sentiment Weighs

Oil in New York steadied after sinking back into the $60s-a-barrel range as a souring economic outlook threatened prospects for energy demand and spurred investors to shun risk assets including crude.

Economics

15 h. ago China Must Cut 15% of Steel Capacity to Meet 2025 Climate Goals

China needs to tackle its steel glut by cutting 15% of capacity this year, if mills are to meet their 2025 climate goals and return to profitability, according to clean energy analysts.

Society

16 h. ago Canadian travellers are changing plans due to increased costs: Survey

It appears that rising costs have prompted Canadian travellers to cool their jets. The 2025 Blue Cross Travel Study reveals that 81% of Canadian travellers have changed their travel habits due to rising costs – a 12% increase from last year. “As financial pressures continue to impact how Canadians travel, the weak dollar is adding […]

Economics

17 h. ago Fired cybersecurity chief for Veterans Affairs site warns that health and financial data is at risk

BOSTON (AP) — Sensitive financial and health data belonging to millions of veterans and stored on a benefits website is at risk of being stolen or otherwise compromised, according to a federal employee tasked with cybersecurity who was recently fired as part of massive government-wide cuts. The warning comes from Jonathan Kamens, who led cybersecurity […]

Events

18 h. ago Zefiro Methane Corp. Announces Enhanced Orphaned Oil & Gas Well Capabilities via Partnerships Implementing AI & Blockchain

Zefiro will work with numerous partners, including Geolabe, Keynum, and CarbonAi, to implement artificial intelligence and blockchain-backed solutions that will accelerate the Company’s well identification and carbon credit issuance efficiency by approximately 50 percent FORT LAUDERDALE, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, […]

Culture

18 h. ago Ottawa just bought 500,000 ‘bird flu’ vaccines. Who is at risk?

Health Canada is aiming to cut the risk to front-line Canadians such as farm workers, vets and medical staff

Other