
Software company Ubisoft has closed its Halifax studio, putting 71 staff members out of work.

The Quebec Superior Court has authorized a class-action lawsuit against Ticketmaster that accuses the American company of charging abusive service fees on ticket sales.

Warner Bros. Discovery’s board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised $108.4-billion US hostile bid amounted to a risky leveraged buyout that investors should reject.

Home sales dropped 11.2 per cent in the Greater Toronto Area last year compared to that of 2024, according to a new report released Wednesday.

Companies both large and small are giving the public a first look at their new products during CES 2026, the world’s largest consumer technology trade show, now underway in Las Vegas.

91 per cent of Air Transat pilots who voted agreed to ratify a new five-year employment contract with the airline. The union and company reached the tentative deal in December, narrowly avoiding a strike.

Nestlé voluntarily recalled a number of baby formula batches due to potential contamination with a toxin that can cause severe vomiting and nausea. The recall applies to products sold in a number of countries, mostly within Europe, but the company says Canada is not affected.

Slowing sales of electric vehicles were offset by an uptick in demand for its more affordable Maverick truck, and for hybrid vehicles.

A regime change in Venezuela could both help that country regain its former prominence as an oil producer and pose a threat to Canada’s industry, which is producing record amounts of oil and is expected to continue to grow for several more years.