Canada Post says it has reached a deal with 2nd-largest union CPAA

Canada Post signage and parked red vehicles at a Canada Post mail sorting facility

Canada Post says it has reached a deal with the Canadian Postmasters and Assistants Association, the second-largest union representing its workers.

4.8M new homes need to be built over next 10 years to restore affordability, CMHC says

Two construction workers are showing working on the roof of a partially built new house.

Canada Mortgage and Housing Corporation (CMHC) says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019, based on projected demand.

Competition watchdog calls for relaxed foreign ownership rules in airline industry report

An Air Canada plane is driving on a runway underneath a WestJet plane that is taking off in front of a mountain range.

The Competition Bureau is calling for changes to improve the competitive landscape in Canada’s airline industry,  including loosening rules that currently limit foreign ownership of Canadian airlines.

Lululemon cutting 150 corporate jobs as athleisure brand braces for tariff impact

A person walks by a Lululemon clothing store in a shopping mall.

Vancouver-based apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure, the retailer said Wednesday.

What farmers’ adaptation to climate change means for the future of food

Close--up of the silhouette of a wheat sheaf or similarly-shaped object in front of the sun. The rest of the sky is orange and we can see more silhouetted wheat stalks beyond our central one.

Think food prices are high now? Climate change could significantly cut production of six staple food crops around the world — including wheat production in Canada, a new study finds. Here’s what difference farmers’ adapation could make — and what the options are for Canada.

B.C. mining company cuts 140 positions due to ‘challenging market conditions’

An aerial shot of winding roads in a mine.

Glencore-owned Elk Valley Resources, which operates four steelmaking coal mines in B.C.’s southeast along the Alberta border, said it is cutting 140 staff jobs. 

Annual home sales down 4.3% in May, but activity up on monthly basis

for sale sign.

The Canadian Real Estate Association says home sales in May fell 4.3 per cent compared with a year ago, but activity picked up when compared to the previous month.

WestJet dealing with ‘cybersecurity incident’ impacting access to internal systems, app

WestJet plane.

WestJet is alerting its employees and the public about a “cybersecurity incident” involving the Calgary-based airline’s internal systems and app.

How Canada emerged as the safest port in a storm of global trade

Prime Minister Mark Carney and U.S. President Donald Trump engage in a meeting at the White House in Washington, D.C., Tuesday, May 6, 2025.

Canadians are rightly angry and scared about what the U.S. tariffs and threats will mean for the economy. When the trade war first began, the outlook was dire. But since then, Canada has swung from the focus of U.S. trade ire to having the lowest U.S. tariff rate of any major trading partner in April.

Manufacturing sales fall 2.8 per cent in April, biggest monthly drop since 2023

Two men in blue jumpsuits, with reflective safety stripes, operate a large machine.

Statistics Canada says manufacturing sales fell 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry.