Economy · 1 d ago
Daniel from Glasgow, United Kingdom · CC BY 2.0 · Wikimedia Commons
Calgary home sales fall 15.3 per cent in October
The Calgary Real Estate Board counted 1,592 home sales in October, down 15.3 per cent from October 2025.
Economy
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The economy and business in short stories.
Economy · 1 d ago
David Stanley from Nanaimo, Canada · CC BY 2.0 · Wikimedia Commons
Trans Mountain is ready to ship more oil once Ottawa's regulator says yes
Trans Mountain expects to move another 90,000 barrels a day by the end of the year, once the federal regulator approves chemical additives that speed up the flow, CEO Mark Maki said Monday.
Economy · 1 d ago
Brookfield and CPP Investments close their purchase of LXP Industrial Trust
The deal valued LXP at about US$5.2 billion, including net debt and preferred equity, and its shareholders received US$61.20 a share in cash.
Economy · 1 d ago
Arild Vågen · CC BY-SA 4.0 · Wikimedia Commons
US stock futures rebound as oil prices fall on hopes for Iran talks
Futures for the S&P 500 rose 0.5 per cent Monday, those for the Dow Jones Industrial Average 0.6 per cent and Nasdaq futures 0.8 per cent.
Economy · 1 d ago
FaridhaSL · CC BY-SA 4.0 · Wikimedia Commons
African lenders launch a US$5 billion bank for oil and gas projects
The African Export-Import Bank and the African Petroleum Producers' Organisation formally set up the Africa Energy Bank, with authorized capital of US$5 billion, Afreximbank said Oct 31.
Economy · 1 d ago
Media Club · CC BY-SA 2.0 · Wikimedia Commons
U.S. to cut South Africa and Rwanda from duty-free trade access
President Donald Trump told Congress he will remove both countries from the African Growth and Opportunity Act (AGOA), which lets eligible African countries export thousands of products to the U.S. duty-free, on Jan 1, 2027.
Economy · 1 d ago
AndrewDawes · CC BY-SA 4.0 · Wikimedia Commons
Ryanair weighs a wage freeze and higher fares as fuel costs climb
Ryanair expects its fuel bill to rise by 2 billion euros in its next financial year, as the war with Iran keeps jet fuel prices high.
Economy · 1 d ago
Jeff Hitchcock from Seattle, WA, USA · CC BY 2.0 · Wikimedia Commons
Ontario's securities regulator wants to keep supervising stablecoins on crypto platforms
Grant Vingoe, CEO of the Ontario Securities Commission (OSC), says the regulator sees stablecoins as securities or potentially derivatives, but is ready to leave some oversight to federal authorities.