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defence

From established players to startups, Ottawa’s massive defence spending is set to transform the industry

Carney government’s focus on military spending presents an opportunity for major new lines of business and lucrative contracts
CEO John McCarthy in front of a Canadian Coast Guard ship. July 10, 2025
resources

BHP faces 30% cost hike, delay at Saskatchewan potash mine

Startup of the Jansen mine is now expected in mid-2027
It blamed the cost increase at its Jansen potash mine on “inflationary and real cost escalation pressures, design development and scope changes, and our current assessment of lower productivity outcomes over the construction period.”

Canada’s only graphite miner faces uncertain future as it holds out hope of government financing

Chevron’s $53-billion Hess deal greenlit after Exxon’s legal challenge fails

labour

Canada Post union calls on employees to reject latest offer

Canadian Union of Postal Workers says agreement would erode job security and pension benefits
Labour dispute between Canada Post and employees has already dragged on for 20 months.
opinion

Work American hours, earn European wages: Why Canada has the worst of both worlds

Kevin Yin
Kevin Yin
analysiscrypto

The crypto irony: Trump’s new laws for stablecoins will only reinforce U.S. dollar dominance

The Genius Act may give commercial banks and central banks even more power to control the creation and storing of money, especially in the U.S.
New U.S. legislation, once signed into law, will bring stablecoins into the financial system.
personal finance

What to do when a mid-life divorce derails your well-laid retirement plan

Going from a couple who are sharing expenses to each supporting an individual household can throw a wrench into the most well-calibrated financial plans
Often middle-age divorces can shatter the most well-thought-out retirement plans and value of all assets at the date of separation has to be split.

When you can retire is determined by this one number – and it’s not your age

Kristy Shen and Bryce Leung
opinion

Regular investors have one big advantage. Hint: it’s not picking stocks

Tim Shufelt
Tim Shufelt

Today’s highlights

Opinion

Trump wants to deport millions. What impact will that have on Canada?

Tony Keller
Tony Keller

Carney inherited a fiscal mess from Trudeau, and he is set to make it worse

Jake Fuss and Grady Munro
Prime Minister Mark Carney speaks at a press conference on Parliament Hill in Ottawa, on Thursday, June 19, 2025. THE CANADIAN PRESS/Patrick Doyle

A smart motto for investors in this sped-up world: Slow down

Tom Bradley
Tom Bradley

Canada has a rare chance to become an energy superpower. Let’s not squander it

Darryl White
A tanker loaded with the first cargo of Canadian liquefied natural gas departs from Kitimat, B.C., in June.

Chasing crypto’s gravy train? You may get just a thin gruel

Ken Fisher
Ken Fisher

Spotlight

Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
Podcast

They ditched Canada’s big cities for a cheaper lifestyle. How did it work out?Podcast

Personal Finance

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Energy and resources

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Retirement and financial planning

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An offshore oil rig support vessel leaves the harbour at St John's, Newfoundland, Canada, February 2, 2025 after tariffs were imposed by the U.S. on Canadian exports. REUTERS/Greg Locke TPX IMAGES OF THE DAY

ROB Magazine

How Newfoundland’s Crosbie Group turned disaster into opportunity

When it lost a massive contract, the oil and marine construction firm – one of Canada’s Best Managed Companies – pivoted away from offshore soil and has since tripled in size

More business news

Video

What is the difference between sugar cane and corn syrup in Coca-Cola?Video1:35

Meta investors, Zuckerberg settle $8-billion privacy suitVideo1:12

Hudson's Bay hearing on Ruby Liu lease deal adjournedVideo1:33

Trump promotes energy and tech investments, 'golden age for America' at Pittsburgh summitVideo1:40

Inflation rises to 1.9% in June, cementing expectations that rates will hold steadyVideo1:17

Trump criticizes Fed's Powell again, as White House eyes ways to fire himVideo1:52

Cineplex reports $51.8-million in June box office revenueVideo0:55

You want to play ball, you're going to have to pay," says Trump on trade dealsVideo1:33

In case you missed it

Starting your back-to-school shopping before more tariffs hit? You may not save by going early

Many Canadian parents expect to spend more on back-to-school shopping this year.

A realistic guide to retirement for mid- or late-life homebuyers

The Toronto Regional Real Estate Board says 6,244 homes were sold in May, down 13.3 per cent year-over-year. A west-end Toronto home for sale is shown in a July 15, 2023 file photo. THE CANADIAN PRESS/Graeme Roy

Students are finding it hard to get summer jobs – here’s what else they can do

Anita Bruinsma
People attend a job and continuing education fair in Montreal on Thursday, Oct. 5, 2023. THE CANADIAN PRESS/Christinne Muschi

The 40-year-old virgin homebuyer: Canada’s first-time owners are older than ever and they’re okay with that

Damon and Kafi Ealey pose for a photo outside their home in Brampton, Ontario, which they bought just before the pandemic, after living in Japan for 10 years, Saturday, May 17, 2025. (Galit Rodan/The Globe and Mail)

Sections

Future of work

power points

To avoid AI rotting your brain, use these tips for exercise

Harvey Schachter
Harvey Schachter
newsletter

AI’s cost to critical thinking

Replace some employees with AI, plan to use tech innovation for some tasks, business transformation, layoff concept, Hand of employer putting new gear with word AI to replace gear of businessman.
managing

AI marketing is here. The spoils will go to those who act first

The AI helps with trading as an assistant. 3d illustration.

Careers

leadership lab

Jobs survive, pay and purpose don’t: The quiet risk of workplace AI

Paul Glavin, Scott Schieman and Alexander Wilson
Business and technology concept. Smart office. GUI (Graphical User Interface).
power points

To avoid AI rotting your brain, use these tips for exercise

Harvey Schachter
Harvey Schachter
leadership lab

Lessons from the Spanish flu: Why we must keep talking about the COVID-19 pandemic

Karima-Catherine Goundiam
SPANISH FLU -- ONTARIO -- TORONTO -- A boy wearing a face mask outside the Royal Alexandra Theater in Toronto, which is closed due to the Spanish flu, c. 1918. Credit: City of Toronto Archives

Taxes

U.S. electric vehicle tax breaks will expire at the end of September

Ottawa must pass law revoking digital service tax before refunds are issued, CRA says

newsletter

Business Brief: High stakes, low on chips

Small business

Métis-owned Locality Brewing is making ‘field-to-glass’ beer with heritage

Melanie MacInnes, the founder of B.C.-based craft brewery Locality Brewing says her connection to the land infuses every part of the business.

First Nations farmers are growing opportunity and better food for all

Jacob Beaton, the founder of Tea Creek, an Indigenous-led farm and training program in northern B.C., and executive director of the Indigenous Food Sovereignty Association.

There’s an app for that: Inside the technological battle to save Indigenous languages

Yvette Mollen, a professor, researcher, author and web content developer whose work is focused on preserving Innu-aimun, an Algonquian language spoken by Innu people in Quebec and Labrador.

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