Business

TORONTO - Canada's main stock index fell nearly 400 points, weighed down by losses in the basic materials sector, while U.S. markets were also negative.

"London is proud to welcome Pharmaline and this significant investment to our city," Mayor Josh Morgan said. Kapil Lakhotia of the London Economic Development Corp (Free Press file photo)

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Written for Daily Hive Urbanized by Joanne Shao, who is the vice president of development for Century Group. Walk into any conversation about housing in Metro Vancouver today, and you’ll hear a familiar explanation for why condominium sales have stalled relative to other housing types: homes are too small, and buyers simply don’t want them.

A new study co-authored by Tang Yinuo, a tenured associate professor at Peking University HSBC Business School (PHBS), reveals that conservative communities in the U. S. are more likely to resist mergers and acquisitions (M&As) by Chinese companies due to perceived threats and uncertainties. The paper, titled "Global meets local: Community political ideology and Chinese cross-border M&As in the U. S.," was published in the Journal of International Business Studies. The study analyzes 267 acquisition deals initiated by 173 publicly listed Chinese companies between 2002 and 2021.

Open this photo in gallery:A frozen food aisle is closed at a supermarket near Nantes after a cyberattack targeted refrigeration systems at French supermarket chains on Monday. Stephane Mahe/ReutersOvernight on Sunday, somebody (or something) maliciously broke into internet-connected refrigeration controllers and cranked fridges and freezers at stores across France up to as high as 50 C, spoiling millions of euros worth of food. In some stores, the higher temperatures started fires or even melted equipment. The controllers were made by the Danish firm Danfoss. Most were legacy products running outdated firmware, which the company claims it had urged customers to update.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

It is with heavy hearts that the family announces the peaceful passing of Vanessa at the age of 52 after a long battle with illness. Beloved daughter of the late Donna and Alex Shawanda. Wife of the late Glen Jones Jr. Proud mother of Jade Shawanda, Brandon Jones (Baa), Hunter Jones and Forrest Jones. Much loved grandmother of Isaac and Holten. Dear sister to Alex Shawanda Jr. (Deb). She will be missed by many other nieces, nephews and friends. As per Vanessa's request, friends and family are invited to visit Garden River Community Centre on Thursday, October 15, 2026, from 5:00 pm. until the time of the service the following day on Friday, October 16, 2026, at 11:00 am. Cremation will follow immediately following the service. Memorial contributions (made payable by cheque or online) to the Canadian Kidney Foundation, or a donation of flowers, would be greatly appreciated by the family. Please visit www.arthurfuneralhome.com obituaries section to leave a message of condolence as a keepsake for the family.

Residents across B. C. are continuing to feel the financial pressure, but those looking to rent in several spots in Metro Vancouver may be seeing some relief in their costs compared to last year. Zumper, a digital marketplace for renters and property managers, has released its latest rent report, which tracks asking rent prices on sites with apartment listings.

Two incidents in April involving a man carrying a jerrycan were captured on surveillance video at a business in Vaughan.

Daylight saving time is coming to an end, but depending on where you live in Canada, you might not be turning your clocks back on Nov. 1. Gone are the days of late sunsets, and soon, we’ll be trading daylight in the evening for brighter mornings as much of the country returns to standard time.

Several brands of organic cheese recalled over possible Listeria contamination Several brands of organic cheese are being recalled across Canada over possible Listeria contamination. The Canadian food and inspection agency says the products should not be eaten and should be disposed. A full list of affected products is available on the government recall website.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

Local author Carol Ring believes in the power of workplace culture, and has developed a framework to both build it and measure it.  Ring is an Ottawa-based author and the CEO of management consulting firm The Culture Connection. Before starting her firm in 2007, Ring spent 24 years with Rogers Communications in various roles.  “When […] Become an Ottawa Business Journal Insider and get immediate access to all of our Insider-only content and much more.