TSX composite index takes massive drop of 1,660 points

Calgary police have seized drugs worth $6.8 million and arrested four suspects in one of the largest drug busts in the city’s history. The investigation began in June 2026, when police identified a residence allegedly linked to drug trafficking. According to Calgary Police Acting Chief Asif Rahid, the seizure ranks among the largest drug busts in the department’s history. Investigators allege that the suspects were operating a drug trafficking network in Calgary and Edmonton. Police executed search warrants at five residences, including four in Calgary and one in Cochrane. During the raids

Prime Minister Mark Carney is continuing to push his pro-Canada campaign in Alberta. He will visit Red Deer today with Premier Danielle Smith before addressing a major rally in Edmonton organized by federalist group Forever Canadian. Speaking at a rally organized by the group in Calgary on Thursday, Carney urged nearly 5,000 people to stand firmly with Canada and vote against separation in the referendum. The Prime Minister stressed that the federal government is working with Alberta and will continue to do so in the future. Carney also warned against external forces, saying the world is alrea

Canada’s Industry Minister Mélanie Joly and the American owner of Stelco are engaged in a war of words over planned job cuts at the company’s Hamilton and Nanticoke plants in Ontario. Joly recently warned the company against laying off nearly 500 workers at the two facilities. In response, Cleveland-Cliffs CEO Lourenco Goncalves accused the minister of bullying and harassment. Goncalves said the Canadian government’s threats were completely unreasonable, adding that the company was not violating any agreements. He defended the planned layoffs, saying they were temporary and driven by bu

Prime Minister Mark Carney urged Albertans to remain part of Canada and vote against separation during a large rally in Calgary on Thursday night. Addressing a crowd of approximately 5,000 people, Carney acknowledged that Albertans’ grievances with Ottawa were legitimate, adding that the federal government was working with the province to address their concerns. Carney warned that voting against Canada could trigger serious consequences, leading to deep divisions, significant uncertainty and the loss of opportunities for years to come. During his passionate speech, the prime minister also re

Former Canadian Deputy Prime Minister Chrystia Freeland has backed the Carney government’s efforts to diversify Canada’s trade partnerships, saying the country must continue doing everything possible to expand trade with other nations in the interest of national security. Speaking during a discussion at the Council on Foreign Relations in New York on Thursday, Freeland said it was extremely dangerous to deepen or maintain close economic ties with a partner that openly threatens to bring Canada under its control. Her remarks came amid U.S. President Donald Trump’s repeated statements abou