3 h. ago FACT FOCUS: Trump said weaker gas mileage rules will mean cheaper cars. Experts say don’t bet on it

DETROIT (AP) — President Donald Trump this week announced plans to weaken rules for how far automakers’ new vehicles need to travel on a gallon of gasoline, set under former President Joe Biden. The Trump administration said the rules, known formally as Corporate Average Fuel Economy, or CAFE, standards, are why new vehicles are too […]

Transport

4 h. ago Spike in German Gas Premium Signals Persistant Storage Worries

The premium that German natural gas futures trade above Europe’s benchmark jumped to a three-year high, signaling that concerns about its low fuel inventories remain.

Other

5 h. ago Toronto's brutal traffic among world's worst but not as bad as other city in Canada

To the surprise of probably no one, Toronto was yet again called out for its terrible traffic in a new global traffic ranking.The 2025 Global Traffic Scorecard by Inrix ranked the world's worst cities for traffic congestion. Toronto made the list but – fortunately? – it's not as high as you think.According to the report, Toronto took the 34th spot, which could be worse but could also be better. Even U.S. tourists are appalled by our traffic, calling it worse than Los Angeles or India. Ouch. Celebrities constantly call out local gridlock, too. But given the frequency of highway closures and lane restrictions, can we blame them?Alas, it appears our gridlock issues aren't as bad as Montreal's, as the report indicates that the Quebec metropolis has the worst traffic congestion of any other city in Canada. Overall, it ranks as the 28th worst city in the world.  Using three years of transportation data, the report looks at travel times betwe...

Events

6 h. ago Dangbei Launches Christmas Deals on Amazon Canada — Save Up to CA$650 on 4K Projectors

Exclusive on Amazon.ca, December 2–15, 2025 — Flagship 4K projectors and portable models with up to 50.1% off and savings up to CA$650. TORONTO, Dec. 05, 2025 (GLOBE NEWSWIRE) — Dangbei, a leading innovator in smart projection technology, is bringing big-screen Christmas experiences to Canadian households with a series of festive promotions on Amazon.ca. From […]

Economics

13 h. ago Ocado Gets $350 Million Payment From Kroger for Site Closures

Ocado Group Plc will receive a one-time cash payment of $350 million from Kroger Co., more than previously announced, after the US grocer decided to close three automated warehouses and scaled back plans for a wider rollout.

Economics

15 h. ago Indonesia Coal Plant Seen as Flagship For Fuel’s Exit Scraps Early Closure

A coal-fired power plant in Indonesia scheduled to close down early and act as a flagship for efforts to shift Asia’s economies away from the fossil fuel has scrapped proposals to shutter ahead of schedule.

Other

18 h. ago Stellantis Get Canada Default Notice After Moving Jeep Line to US

The Canadian government told Stellantis NV it’s in default on its taxpayer-backed financial aid after it moved auto production to a US plant, Industry Minister Melanie Joly said.

Other

21 h. ago High Level lumber mill closure to affect 190 jobs in northern Alberta

West Fraser Timber says it plans to indefinitely curtail work at its High Level mill in northern Alberta due to significant weakening in demand for oriented strand board (OSB).

Other

22 h. ago Low Level Bridge closed this weekend as city wraps rehabilitation work

The City of Edmonton said Low Level Bridge construction is expected to wrap up head of schedule, with northbound and southbound traffic fully restored in the coming weeks.

Other

26 h. ago Mercuria Withdraws Huge Volume of Copper From LME as Prices Soar

Mercuria Energy Group Ltd. has ordered about $500 million of copper for withdrawal from warehouses overseen by the London Metal Exchange, as the trading house positions itself for a global supply crunch fueled by possible US tariffs.

Economics

30 h. ago Toronto Residents Say City’s Reliance on Land Transfer Tax Is Fueling the Housing Affordability Crisis

New polling shows growing frustration as Council considers yet another MLTT hike TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) — As Toronto City Council considers a proposal to increase the Municipal Land Transfer Tax (MLTT) on higher-value homes, new Ipsos polling conducted for the Toronto Regional Real Estate Board (TRREB) shows that 416 residents are deeply […]

Economics

30 h. ago Louisiana Community Development Authority Authorizes up to $402 Million in Revenue Bonds for Southern Energy Renewables’ Louisiana Fuel Project

Step strengthens Louisiana’s role in U.S. energy leadership and advances project finance process for biomass‑to‑fuel facility SACRAMENTO, Calif. & NEW ORLEANS — DevvStream Corp. (Nasdaq: DEVS) (“DevvStream”), a leading carbon management and environmental-asset monetization firm, and Southern Energy Renewables Inc. (“Southern”), a U.S.-based producer of low-cost fuels made from biomass, with a flagship Louisiana project […]

Economics

33 h. ago Rustad may make B.C. Conservatives ‘ungovernable’ if he doesn’t exit, says analyst

A political analyst says John Rustad's disputed leadership of the B.C. Conservatives appears "unsustainable" after he refused to step down in the face of a caucus mutiny.

Politics

42 h. ago Crown Royal plant closure agreement ‘best possible outcome’ for workers: Union

Workers at Amherstburg bottling facility to receive additional pay, other benefits ahead of February shutdown

Society

44 h. ago 'Punch in the gut': Island community calculating ripple effects of Crofton mill closure

'We had the mill so long, we just couldn't picture that day when it was no longer going to be operating. So, to get that news yesterday was a real punch in the gut' — North Cowichan Mayor Rob Douglas

Other

47 h. ago Orezone Intercepts 3.28 g/t Gold Over 26.00m and 5.55 g/t Gold Over 15.00m at P17 Zone in Advance of Hard Rock First Gold

VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to report shallow, high-grade confirmatory grade control drill results from the P17 Zone at its flagship Bomboré Gold Mine. The P17 Zone is a high-grade hard rock deposit outcropping […]

Other

48 h. ago Constellation in Settlement Talks With DOJ Over Calpine Deal

Constellation Energy Corp. is hashing out a settlement with the US Justice Department to pave the way for the closure of its landmark $16.4 billion acquisition of closely held Calpine Corp., a deal that would create the country’s largest power fleet.

Other

48 h. ago Workers at Crown Royal bottling plant in southwestern Ontario ratify closure deal

Union members at a southwestern Ontario plant that bottles Crown Royal whisky have voted to ratify a deal that gives them an increase in severance pay and other benefits. Unifor Local 200 president John D’Agnolo said 89 per cent of workers at the Diageo plant in Amherstburg, Ont., voted in favour of a closure agreement […]

Society

49 h. ago Saskatchewan poised to spend additional $1B, includes millions for SaskPower

A committee meeting also heard an extra $194 million is needed to pay for carbon price fuel charges that the provincial government didn't collect.

Economics

50 h. ago Toys 'R' Us closing dozens of stores across Canada including multiple in Toronto

Toys "R" Us Canada, which was once a dominant force in the country's retail landscape before online giants like Amazon took over, is shrinking at a rapid pace, with at least 38 stores to permanently close by early next year, and a further 12 locations up for sale.In Toronto, it appears as though the closures are all happening at once. In early November, liquidation signs started popping up at the Toys "R" Us at Dufferin Mall, followed by "store closing" banners at the entrance. The location is expected to shut its doors shortly after the holiday season in January, joining a list of stores that are set to disappear by early next year.The chain retailer, which was once the world's largest toy store, has struggled under massive debt over the past few years, as other massive companies, including Amazon and Walmart, have reshaped the industry. The retailer's U.S. parent company officially filed for bankruptcy in 2017, although its ...

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