Author: Emmanuel
Prime Minister Mark Carney has chosen the former clerk of the Privy Council, Janice Charette, to head Canada’s trade negotiations as it prepares for a review of the North American trade pact this year.
Canada’s new defence industrial strategy sets ambitious targets to rebuild military readiness and reduce reliance on foreign suppliers, aiming to award 70 per cent of defence contracts to Canadian firms over the next decade. Backed by $6.6 billion, the plan seeks to boost equipment serviceability rates, increase defence exports by 50 per cent and create 125,000 jobs by 2035.
Defence Minister David McGuinty says Canada has now officially joined the European Union’s Security Action for Europe (SAFE) program, which offers loans to member states to invest in defence capabilities.
Prime Minister Mark Carney led federal, provincial and local leaders in offering support and praising the resilience and grace of Tumbler Ridge residents at a vigil in memory of the victims of Tuesday’s mass shooting in the B.C. community.
Jobs Minister Patty Hajdu says her department needs more information from air carriers and unions to settle recent allegations of unpaid work in the airline sector.
Eric Schmidt’s family office, Hillspire, made 15 investments in 2025, most of them in artificial intelligence, claiming the top spot on CNBC’s list.
Canada’s foreign minister is urging NATO to make its newly launched Arctic Sentry initiative a permanent part of the alliance’s operations. Anita Anand argues the High North can no longer be treated as a secondary theatre.
Gucci-owner Kering’s sales fell 3% on a comparable basis to 3.9 billion euros ($4.64 billion) in the fourth quarter, a slight beat according to FactSet estimates. Its flagship label Gucci posted a 10% decline on a comparable basis in the quarter, while other houses posted flat or moderate growth year-on-year. “2025 was not the year we wanted,” CEO Luca de Meo said on an earnings call. “It didn’t reflect the full potential of Kering, and we all know it.” Customers shop at a GUCCI luxury store in Shanghai, China. Cfoto | Future Publishing | Getty Images Kering said it expects…
The median sales price in the Hamptons hit a record $2.34 million in the fourth quarter, up 34% from last year, according to a report from Douglas Elliman and Miller Samuel. Real estate brokers say many hedge funders, private equity chiefs and venture capital investors are also joining traditional Wall Street bankers in the buying spree. Brokers say the summer rental and sales season is already off to a strong start – despite below-freezing temperatures and heavy snow “out East.” A nine-bedroom, 11,000-square-foot oceanfront home in Bridgehampton, available for rent at $700,000 for any two weeks this summer. Courtesy: Gary…
Elon Musk’s net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined entity at $1.25 trillion. For Musk to become the world’s first trillionaire, SpaceX would have to reach $1.6 trillion in value, assuming Tesla’s stock price stays flat. With Tesla’s brand value and core auto sales in decline, and its long-promised robotaxis and humanoid robots still in development, the company’s stock price is down about 9% this year. Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX…