Canada Post workers could strike again soon. Here's why

The union representing workers and Canada Post were back at the bargaining table this week, trying to hash out a deal before their collective agreement extension expires on May 22.

The Supreme Court is expected to issue rulings on Friday but, as is customary, has not said what case or cases will be acted upon. If they strike down Trump's tariffs, the U.S. could have to pay back billions — but companies, trade lawyers and customs brokers don't anticipate the government would make it easy to recoup that cash.

Canada's monthly international trade in services surplus widened from $0.4 billion in September to $0.5 billion in October. Overall, imports of services declined 1.2% to $19.6 billion, and exports were down 0.4% to $20.1 billion.

The December 2025 issue of Canadian Economic News is now available.

Staff formed company's first North American union in late December but Ubisoft says unionization did not influence closure.

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. The board repeated their commitment to Netflix's offer, which they say offers more value and certainty.

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.

Tourism gross domestic product (GDP), in real terms, grew 0.9% in the third quarter of 2025. In the third quarter, tourism GDP accounted for 1.70% of nominal GDP, with 3.36% of economy-wide jobs attributable to tourism.

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.

North American oil prices climbed by more than one per cent on Monday following the upheaval in Venezuela over the weekend, while stock prices of some large Canadian oil and gas companies have fallen.

The Canadian Kitchen Cabinet Association says while it welcomes U.S. President Donald Trump's postponement of tariff increases on furniture, cabinets and vanities that were set for Jan. 1, the industry is still being devastated by the existing duties.

The Canadian Food Inspection Agency has suspended the Safe Food for Canadians licence ofGoodfood — a Montreal-based meal kit and grocery delivery service.

Tesla lost its crown as the world's bestselling electric vehicle maker on Friday, as a customer revolt over Elon Musk's right-wing politics and stiff overseas competition pushed sales down for a second year in a row.

The new year will bring some big changes to the rules on in-office work for many employees across the country, including tens of thousands of provincial government staff in Ontario and Alberta, who will soon be required back in the office full time.

The voluntary grocery code of conduct for grocers, suppliers, wholesalers and primary producers in Canada is set to fully roll out on Thursday.

The voluntary grocery code of conduct for grocers, suppliers, wholesalers and primary producers in Canada is set to fully roll out on Thursday.

Nearly 90 employees of Craig’s Cookies have voted to unionize across five shops in Toronto as the Canadian cookie chain expands nationally. 

The aromatic, spicy and sometimes smoky flavour of a smooth, Kentucky bourbon has been but a memory for consumers in this country ever since the spirit was caught in the crossfire of U.S. President Donald Trump's tariff war and annexation sabre-rattling. As a result, angry Canadians have united behind a "Buy Canadian" movement that experts say is elevating our own whiskies.

The aromatic, spicy and sometimes smoky flavour of a smooth, Kentucky bourbon has been but a memory for consumers in this country ever since the spirit was caught in the crossfire of U.S. President Donald Trump's tariff war and annexation sabre-rattling. As a result, angry Canadians have united behind a 'Buy Canadian' movement that experts say is elevating our own whiskies.

A darling of the artificial intelligence startup scene was just acquired by Meta — capping off a year of intense competition between U.S. tech giants vying for dominance of the world's most coveted technology.

Owners of duty free shops in Windsor and Sarnia say they continue to suffer the fall-out from the U.S. trade war, seeing drops in business in the 30 per cent range year over year. 

Lululemon Athletica's founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the company's board, days after the Canadian apparel maker announced the exit of CEO Calvin McDonald.

Ontario will introduce new rules on how publicly advertised job can be posted from Jan. 1. Here's what you need to know.