Business

Bank of Canada Holds Rate Steady: What It Means for Your Wallet

Bank of Canada Holds Key Interest Rate Steady at 2.25% Latest announcement reinforces a cautious stance amid global economic uncertainty. Canada Wire | Updated: 24 March 2026 The Decision As widely anticipated by financial markets, the Bank of Canada held its target for the overnight rate at 2.25% on Wednesday, 18 March 2026. The Bank […]

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TSX Plunges Below 33,000: Oil Spike & Geopolitical Fears Trigger Sell-Off

TORONTO – 9 March 2026 TSX Reels from Geopolitical Storm, Closes Week Below 33,000 Amid Oil Spike and Index Reshuffle Canada Wire Market Desk Canada’s flagship equity benchmark, the S&P/TSX Composite Index, closed a volatile week at 33,083.72, down a steep 526.25 points or 1.57% on Friday, as escalating Middle East tensions and soaring oil

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Bank of Canada Interest Rate Update: Will the March 18 Decision Surprise?

As of 04 March 2026, the Bank of Canada’s policy interest rate remains at 2.25%. This target for the overnight rate has been held steady since the last adjustment in October 2025, following a significant easing cycle that brought rates down from a 2024 peak of 5.00%. The central bank is currently navigating a complex

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Zeta Stock Forecast: Is the AI Marketing Giant a Buy After Q4 Volatility?

As of 24 February 2026, Zeta Global Holdings Corp. (NYSE: ZETA) is experiencing a period of intense volatility following the release of its fourth-quarter 2025 financial results and updated 2026 guidance. While the company reported record-breaking performance for the previous year, a mixed reception to its earnings per share (EPS) and shifting institutional positions have

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Inside John Risley’s $776M Debt Crisis and High-Stakes Legal Battle

The financial empire of Atlantic Canadian billionaire John Risley is facing unprecedented scrutiny following explosive court filings and a high-profile lawsuit from a longtime business associate. As of 19 February 2026, documents revealed in the Nova Scotia Supreme Court indicate that Risley’s primary investment vehicle, CFFI Ventures Inc., is grappling with debts exceeding US$776 million.

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Kyndryl Stock Plummets 50%: CFO Exit and SEC Probe Spark Sell-Off

The Kyndryl Holdings, Inc. (NYSE: KD) stock experienced a historic collapse on 09 February 2026, with shares plummeting more than 50% following the disclosure of an internal accounting investigation and the sudden departure of its Chief Financial Officer. Market Performance Summary Current Price (Intraday) $11.05 CAD (approx. $8.20 USD) Daily Change -52.82% to -56.00% 52-Week

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LG Energy Solution Takes Full Control of Windsor Battery Plant

WINDSOR, ON — In a major shift for Canada’s burgeoning electric vehicle (EV) supply chain, South Korea’s LG Energy Solution (LGES) has acquired full ownership of the NextStar Energy battery plant in Windsor. The deal, announced Friday, 06 February 2026, sees automaker Stellantis exit the joint venture by selling its 49 per cent equity stake

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Canadian Loyalty Landscape Upended as Air Miles Programme Set to Retire

Canadian Loyalty Landscape Upended as Air Miles Programme Set to Retire TORONTO, January 29, 2026 – Two of Canada’s most recognisable consumer rewards programmes are undergoing historic transformations, signalling the end of an era for millions of collectors. The Bank of Montreal (BMO) has announced it will retire the iconic Air Miles coalition loyalty programme,

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Bombardier Charts Course for Sustained Growth on Strong Backlog and Services Momentum

Bombardier Charts Course for Sustained Growth on Strong Backlog and Services Momentum TORONTO, January 26, 2026 – Bombardier Inc., the Montreal-based aerospace manufacturer, enters 2026 positioned as a focused, pure-play business aviation company, having completed a multi-year transformation. The firm’s financial health, underscored by a record order backlog and a rapidly growing aftermarket services division,

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