Business

EconomicsPublished: October 14, 2026 at 9:30a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. OTTAWA — Statistics Canada says the total value of building permits issued in Canada in August rose $1.1 billion month-over-month to $13.6 billion, boosted by strength in the residential sector. The agency says construction intentions for the homebuilding sector rose $1.1 billion to $8.5 billion in August. The increase came as permits for multi-unit buildings rose to $5.8 billion, while the total value of permits for single-family homes edged down to $2.6 billion. The value of non-residential building permits edged lower by $29.8 million to $5.1 billion in August. The move came as plans for commercial construction fell $380 million to $2.2 billion, offset in part by a $317.3-million gain in the industrial sector which totalled $1.1 billion. The institutional building component rose $32.9 million to $1.8 billion. This report by The Canadian Press was first published Oct. 14, 2026.

LONDON--(BUSINESS WIRE)-- Toluna, a global leader in consumer insights and market research technology, today announces the appointment of Amy Fenton as Chief Executive Officer, effective October 15, 2026. Ms. Fenton

Tourism and Entertainment Group, an Uzbekistan-based hospitality, tourism and events company, has completed its business combination with StageWise Strategies Corp, creating the first US-traded business from Uzbekistan. The transaction closed under a share exchange agreement that made TEG the principal operating business of the combined public company. It will operate as TEG Overseas, Inc., with its common stock trading on the OTC Markets.

VICTORIA — The leaders of the two major parties running in British Columbia’s election pitched business leaders with infrastructure commitments, including a new shipyard and promises of tax cuts. NDP Leader David Eby and Conservative interim leader Lorne Doerkson appeared at a Greater Vancouver Board of Trade event on Tuesday along with Green Leader Emily Lowan to speak for 10 minutes each and then take pre-selected questions in advance of the Oct. 24 election.

The International Energy Agency is lowering its world oil demand forecast for the year, noting that the war in Iran is leading to escalating fuel prices, limited oil supplies and

The Justice critic is seeking answers from government after learning that a legal dispute has left the Labrador Correctional Centre without the use of its HVAC system. The system has been down since July after the company contracted to do renovation work at the facility launched a lawsuit against government over asbestos management at the site. Justice critic Pam Parsons says she’s concerned about what that means for staff at the facility in Happy Valley-Goose Bay and the inmates. Parsons says it raises serious concerns about ventilation, mould, and heating as winter fast approaches. “Correctional officers and inmates…deserve a safe environment. The government cannot allow these concerns to drag on without clear answers and a plan to resolve them,” she says. The Department of Transportation and Infrastructure says there is some heat available in the building, but more heat is required. The department says it is developing a plan to address heating and ventilation at the correctional centre, however, because of the ongoing legal dispute, it is unable to provide further comment at this time.

Published: October 14, 2026 at 9:10a.m. EDTThe Lotto Max jackpot has climbed to $90M, after no winning ticket was sold for the previous $85M draw, which is now the largest lottery prize ever offered in C The Lotto Max jackpot has grown to a never-before-seen $90 million, marking the largest lottery prize ever offered in Canada. The Ontario Lottery and Gaming Corporation (OLG) announced Wednesday that because the previous-record $85-million jackpot went unclaimed following Tuesday night’s draw, the top prize has grown by another $5 million. The winning numbers for Tuesday night’s draw were 7, 11, 19, 28, 32, 35, 50 and Bonus 36. How to set CP24 as your preferred source on GoogleHow to set CTV News as your preferred source on GoogleLotto Max announced in April that it was increasing the jackpot cap from $80 million to $90 million. This is the first time the top prize has reached that threshold, as previous jackpots were claimed before the new limit was reached. The next draw is Friday, October 16 and will also feature 18 Maxmillions prizes worth $1 million each. At least 90 Maxplus prizes worth $100,000 each are also up for grabs.

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BanyanGlobal Family Business Advisors ("Banyan") has been named Family Business Advisory Practice of the Year at the 21 st annual STEP Private Client Awards, one of the most respected international honors in the private client profession. It is the fourth time Banyan has won the category, following wins in 2018, 2020 and 2021.

When Tracy Slaney imagined her life after retirement, she says she pictured travelling the world with her husband. But like many caregivers in Canada, the cost of looking after her loved ones means she had to put her plans on hold. “Those retirement plans that I once had are gone. They are decimated,” she said. In 2014, she became a caregiver for her father after he was diagnosed with terminal cancer. Within days of his passing, her mother received a dementia diagnosis. Slaney then stepped into a caregiver role for her until she died in 2019. On Valentine’s Day 2020, she found her husband had been diagnosed with stage four colorectal cancer. She spent most of her time, energy and finances caring for him, until he passed away in April this year. “I’ve been caregiving for 12 years, back-to-back,” she said. Story continues below advertisement

With 10 cruise ships in 2026, Tourism Thunder Bay wades deep into the water to build its port brand “Northern Ontario” and “exotic” aren’t two things that pop into the minds of residents.

Historic milestone positions TEG to capitalize on Uzbekistan's rapidly expanding tourism market and execute its growth pipeline , /CNW/ -- TEG SPV LLC ("TEG"), a leading Uzbekistan-based, integrated hospitality, tourism and events business, today announced the successful completion of its business combination with StageWise Strategies Corp. ("STWI"), establishing the first U. S.-traded business from Uzbekistan. The transaction was completed pursuant to a share exchange agreement under which TEG became the principal operating business of the combined public company. The company will operate as TEG Overseas, Inc. and its common stock will trade on the OTC Markets. This milestone marks a significant step in TEG's evolution and positions the company to capitalize on powerful secular trends shaping the region, including increasing international tourism visitation, expanding business travel, and continued investment in Uzbekistan's economic and social development.

Publicis Groupe reported 5% organic net revenue growth in the third quarter, citing new business wins and demand for marketing services as it heads into 2027. Sign up now to access the latest news impacting the Canadian media industry.

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

Investors are taking note of PepsiCo Inc. (NASDAQ: PEP) as the food and beverage leader trades below 16x earnings, one of its lowest valuations historically, and following a Q3 2026 earnings report with a number of highlights. Still, with the outlook for the near future looking less than optimistic, the company's real appeal may be to long-term investors who can settle in with a 4.67% dividend yield and wait for shares to capture some of the roughly 15% in upside potential Wall Street has assigned to the stock.