16 h. ago Ontario rent prices keep on crashing and here's where they are cheapest

Though Ontario rent prices vary greatly based on where in the province you're looking, if you've been thinking of moving toward or within Toronto, now is an opportune time to get a (relative) bargain on a place.Though the GTA is perennially one of the most expensive places in North America to live, tenants have gotten a bit of a break in recent months due to the softening of the local real estate market that's got investors, sellers, landlords and realtors growing increasingly distressed, if not completely running for the hills.The average monthly rate for an apartment in downtown T.O. — as well as in North York, Etobicoke, Mississauga, East York, and other parts of the area — plummeted again in April, as Ontario as a whole saw the largest annual decrease in rent bills of any province.Rentals.ca and Urbanation, which crunch the numbers each month based on the listings available on their sites, now put Toronto's aver...

Economics

16 h. ago Toronto FC defender Nicksoen Gomis out for the season after Achilles surgery

There was more bad news on the injury front for Toronto FC on Friday with word that defender Nicksoen Gomis is out for the season after undergoing surgery to repair his Achilles tendon. Gomis went under the knife Tuesday. The 23-year-old Frenchman had to be helped off the field Saturday. He was unable to put […]

Science

17 h. ago Delta, Korean Air buy 25% stake in Canadian carrier WestJet in US$550 million deal

The 25% stake is being sold by Onex Partners and affiliated funds and co-investors of the group. The Onex group will continue to own and control WestJet

Economics

17 h. ago Art expert pleads guilty to selling works to suspected Hezbollah financier

LONDON — An art expert who appeared on the BBC’s Bargain Hunt show pleaded guilty Friday to failing to report that he sold pricey works to a suspected financier of Lebanon’s militant Hezbollah group. Oghenochuko Ojiri, 53, was charged with failing to disclose art sales between October 2020 and December 2021. He pleaded guilty in […]

Economics

17 h. ago Onex recoups its investment in WestJet with sale of 25% stake to foreign airlines

The next step could involve public markets, says CEO

Transport

18 h. ago Enbridge CEO ‘completely enthused’ by conversation around energy in Canada, U.S.

CALGARY — The chief executive of pipeline builder Enbridge Inc. says he’s encouraged by how governments in both Canada and the United States are recognizing the need to build oil and gas projects more quickly. “I’m completely enthused about it,” Greg Ebel told analysts on a conference call Friday to discuss the company’s latest financial […]

Other

19 h. ago Recall issued over ineffective radon detectors sold online: Health Canada

Some radon gas detectors sold on Amazon.ca may not accurately measure radon levels, potentially putting users at risk, Health Canada has warned.

Technology

22 h. ago Ritchie Bros. Sells CA$224+ Million of Heavy Equipment Assets and Vehicles at Premier Canadian Auction Event

EDMONTON, Alberta & WESTCHESTER, Ill. — RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced Ritchie Bros. Auctioneers sold 11,000+ equipment items, trucks and vehicles at its premier Canadian auction event in Edmonton, AB, last week. The five-day auction generated […]

Economics

23 h. ago Oman Said to Consider Selling Stake in $8 Billion Gas Fields

Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan, as the sultanate seeks to raise cash to shore up its state finances and fund investments.

Economics

23 h. ago Onex selling minority stakes in WestJet to Delta and Korean Air

CALGARY — Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air for a total of US$550 million. Under the deals announced Friday, Delta will acquire a 15 per cent stake in the Calgary-based airline for US$330 million, while Korean Air will buy a 10 per cent stake for US$220 […]

Economics

27 h. ago Copenhagen Infrastructure Partners divests 10% stake in Fengmiao I

Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has entered into an agreement to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Mitsui O.S.K. Lines (MOL). Construction of Fengmiao I is expected to be completed by the end of 2027 COPENHAGEN, Denmark, […]

Economics

38 h. ago Chris Selley: A perfectly typical tunnel is just too much for Toronto’s puny imagination

The 50-kilometre Channel Tunnel connecting England and France took six-and-a-half years to build. In Toronto, 250 metres is a 'generational project'

Economics

40 h. ago Faulkner: How sellers can best prepare for a home inspection

It's best for potential buyers not to be surprised and a seller be open to negotiation on smaller items, says realtor Dennis Faulkner.

Economics

42 h. ago Canadian Natural says it can break even at US$40 oil, reports record production

CALGARY — Oil and gas giant Canadian Natural Resources Ltd. says it can weather a crude price much lower than where it’s been trading over the past month. West Texas Intermediate, a U.S. benchmark for light oil, has been hovering around the US$60-per-barrel mark in recent weeks, about US$10 lower than it was just six […]

Economics

46 h. ago Parker: Kristin Van Ginkel opens door to new career in Calgary as watercolour artist

Originals are selling quickly to admirers of her art, and now Kristin has produced fine art prints, limited to 250 editions of each, of two of them

Culture

49 h. ago European Gas Prices Swing Ahead of EU Vote on Storage Targets

European natural gas prices fluctuated ahead of a vote on more relaxed fuel-storage rules, a decision that could alleviate the region’s efforts to build up supplies ahead of winter.

Economics

59 h. ago Rubicon Organics Announces Closing of Private Placement Offering under the Listed Issuer Financing Exemption

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis products, is pleased to announce […]

Other

63 h. ago Power utility TransAlta expects Alberta data centre deal this year

CALGARY — Power producer TransAlta Corp. is hoping to sign agreements this year with prospective Alberta data centre partners that would draw on natural gas-fired electricity it generates in the province. “We continue to focus on securing exclusivity with key partners by mid-year with detailed design and definitive agreements expected by year-end,” CEO John Kousinioris […]

Other

65 h. ago CEOs call on Carney to ’take action’ to support domestic energy sector

OTTAWA — Canada’s energy CEOs are calling on Prime Minister Mark Carney to claw back some regulations to bolster the oil and gas sector. In a letter signed by 38 CEOs of Canadian energy companies the day after the election, the industry pitched five suggestions to support investment. They include overhauling the government’s impact assessment […]

Transport

68 h. ago Suncor production hits record high, but sales volumes slow as inventory builds

Firebag oilsands site and offshore production drive the surge

Sport