Business

Entrepreneurs lauded as Manitoba Queer Chamber of Commerce’s biz awards return

Aaron Epp 4 minute read Friday, Feb. 20, 2026

When Alana Fiks and Angela Farkas opened Black Market Provisions, they hired one employee and almost couldn’t imagine bringing on more.

“We tend to be sort of scared and risk averse, so even the thought of having employees at the time seemed like a dream to us,” said Fiks, who started the shop with Farkas in Winnipeg’s South Osborne neighbourhood almost seven years ago.

The entrepreneurs have built a workplace culture rooted in respect, transparency and well-being. Today, Black Market Provisions has four full-time and six part-time employees.

The Manitoba Queer Chamber of Commerce recognized Fiks and Farkas earlier this week when the organization named the duo as finalists for the Employer of the Year Award as part of its 10th annual MQCC Business Awards.

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Young workers taking different approach to climbing the corporate ladder: experts

Daniel Johnson, The Canadian Press 4 minute read Preview

Young workers taking different approach to climbing the corporate ladder: experts

Daniel Johnson, The Canadian Press 4 minute read 5:00 AM CST

Building a pipeline of potential managers is getting more difficult as younger people increasingly aren't interested in leading a team. 

With younger employees focusing more on work-life balance compared with previous generations, some are forgoing the traditional climb up the corporate ladder, leading to structural changes and new challenges for companies.

“I think for this generation, there's more prestige in being really good at what you do versus being in charge of people,” said Nora Jenkins Townson, the founder of HR consultancy Bright + Early. 

"I think we've grown up with a lot of the stories of the bad boss or really directional or authoritative leadership styles, and I think that younger generations are more critical of that." 

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5:00 AM CST

A man walks though a downtown Toronto office building with other buildings reflected in a window in this June 11, 2019 photo. THE CANADIAN PRESS/Graeme Roy

A man walks though a downtown Toronto office building with other buildings reflected in a window in this June 11, 2019 photo. THE CANADIAN PRESS/Graeme Roy

US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffs

Elaine Kurtenbach, The Associated Press 4 minute read Preview

US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffs

Elaine Kurtenbach, The Associated Press 4 minute read 9:13 PM CST

BANGKOK (AP) — U.S. futures fell and most Asian markets climbed Monday after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs.

Tokyo's markets were closed for a holiday.

Hong Kong led regional gains as its Hang Seng index surged 2.2% to 27,003.47. But the Shanghai Composite index lost 1.3% to 4,082.07.

In South Korea, the Kospi gained 1.1% to 5,873.07.

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9:13 PM CST

A currency traders reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 23, 2026. (AP Photo/Ahn Young-joon)

A currency traders reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 23, 2026. (AP Photo/Ahn Young-joon)

Price of typical Winnipeg home expected to blast past $400K

Malak Abas 4 minute read Preview

Price of typical Winnipeg home expected to blast past $400K

Malak Abas 4 minute read Thursday, Feb. 19, 2026

The price of a typical house in Winnipeg is expected to surpass $400,000 this spring and the city will likely remain a seller’s market in 2026, real estate professionals heard at a market insight event Thursday.

The Winnipeg Regional Real Estate Board predicts strong housing demand and rising prices, but a low number of active listings compared to much of Canada.

In 2025, $6 billion worth of housing sold in Winnipeg — second only to 2021, but the current five-year average number of listings is the lowest it has been in 13 years.

“We can see very clearly that our market region is in need of more supply,” said Jeremy Davis, the board’s director of external relations and market intelligence.

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Thursday, Feb. 19, 2026

Richard Buchan / THE CANADIAN PRESS FILES

Real estate market insiders believe Winnipeg will likely remain a seller’s market in 2026 with the price of a typical house in the city expected to surpass $400,000 this spring.

Richard Buchan / THE CANADIAN PRESS FILES
                                Real estate market insiders believe Winnipeg will likely remain a seller’s market in 2026 with the price of a typical house in the city expected to surpass $400,000 this spring.

EU says US must honor a trade deal after court blocks Trump tariffs

The Associated Press 3 minute read Preview

EU says US must honor a trade deal after court blocks Trump tariffs

The Associated Press 3 minute read Updated: 10:24 AM CST

BRUSSELS (AP) — The European Union's executive arm requested “full clarity” from the United States and asked its trade partner to fulfill its commitments after the U.S. Supreme Court struck down some of President Donald Trump’s most sweeping tariffs.

Trump has lashed out at the court decision and said Saturday that he wants a global tariff of 15%, up from the 10% he announced a day earlier.

The European Commission said the current situation is not conducive to delivering "fair, balanced, and mutually beneficial” trans-Atlantic trade and investment, as agreed to by both sides and spelled out in the EU-U.S. Joint Statement of August 2025.

American and EU officials sealed a trade deal last year that imposes a 15% import tax on 70% of European goods exported to the United States. The European Commission handles trade for the 27 EU member countries.

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Updated: 10:24 AM CST

European Commission President Ursula von der Leyen addresses the media at the end of an EU summit at Alden Biesen Castle in Bilzen-Hoeselt, Belgium, Thursday, Feb. 12, 2026. (AP Photo/Omar Havana)

European Commission President Ursula von der Leyen addresses the media at the end of an EU summit at Alden Biesen Castle in Bilzen-Hoeselt, Belgium, Thursday, Feb. 12, 2026. (AP Photo/Omar Havana)

Five things to watch for in the Canadian business world in the coming week

The Canadian Press 2 minute read Preview

Five things to watch for in the Canadian business world in the coming week

The Canadian Press 2 minute read 9:00 AM CST

TORONTO - Five things to watch for in the Canadian business world in the coming week:

Bank earnings

Canada's big banks will report their first-quarter results this week, starting with Scotiabank on Tuesday. BMO Financial Group and National Bank of Canada are set to report their results on Wednesday. CIBC, TD Bank and Royal Bank of Canada are scheduled for Thursday.

Loblaw results

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9:00 AM CST

TD Bank and Bank of Montreal signage is pictured in the financial district in Toronto, Friday, Sept. 8, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj

TD Bank and Bank of Montreal signage is pictured in the financial district in Toronto, Friday, Sept. 8, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj

Consortium plans bold investment in Thompson nickel mine

Aaron Epp 5 minute read Preview

Consortium plans bold investment in Thompson nickel mine

Aaron Epp 5 minute read Thursday, Feb. 19, 2026

A newly formed company said it expects to invest as much as $280 million in nickel mining activity in Thompson.

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Thursday, Feb. 19, 2026

The Thompson nickel mine complex

The Thompson nickel mine complex

More Business

Grim yield to reap

Joel Schlesinger 6 minute read Preview

Grim yield to reap

Joel Schlesinger 6 minute read Yesterday at 2:00 AM CST

Inflation may be less of a concern with the post-COVID-19 pandemic price jump a little more in the rear-view mirror each month.

However, the scars remain. Inflation of the recent past is now the new normal of everyday prices — be it groceries, vacation or borrowing to buy a home.

The bout of recent high inflation has also left investors with a new sense of uncertainty.

Bonds still offer portfolio protection against declining stocks after a negative economic “surprise,” says Robert Wilson, portfolio strategist and head of innovation at PICTON Investments.

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Yesterday at 2:00 AM CST

Freepik

Recession of money value on finance market. Price increase, business risk, coins and percentage rate flat vector illustration. Economy, inflation concept for banner, website design or landing web page

Freepik
                                Recession of money value on finance market. Price increase, business risk, coins and percentage rate flat vector illustration. Economy, inflation concept for banner, website design or landing web page

Ruling against Trump’s tariffs creates new uncertainty in US trade relations with China

Didi Tang, The Associated Press 5 minute read Preview

Ruling against Trump’s tariffs creates new uncertainty in US trade relations with China

Didi Tang, The Associated Press 5 minute read Yesterday at 8:01 PM CST

WASHINGTON (AP) — The Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added a wrinkle to already complicated U.S.-China relations, with both countries navigating shifting ground to avoid an all-out trade war that would disrupt the global economy while still jostling for a position of strength in negotiations.

Friday's court ruling would seem to strengthen China’s hand, but analysts predict that Beijing will be cautious in exploiting the advantage, knowing that Trump has other ways of levying taxes. Both sides also want to maintain a fragile trade truce and stabilize ties ahead of Trump’s highly anticipated trip to Beijing.

“It will give China a moral boost in their negotiations with Trump's team ahead of the summit, but they are prepared for the scenario that nothing actually changes in reality," said Sun Yun, director of the China program at the Stimson Center, a Washington-based think tank.

Furious about the defeat, Trump said first he was imposing a temporary 10% global tariff before raising it to 15% as well as pursuing alternative paths for import duties. He made the case for tariffs by pointing to China, which poses the biggest challenge to U.S. economic, technological and military dominance.

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Yesterday at 8:01 PM CST

FILE - President Donald Trump, left, and Chinese President Xi Jinping pose ahead of their summit talk at Gimhae International Airport in Busan, South Korea, Oct. 30, 2025. (AP Photo/Mark Schiefelbein, File

FILE - President Donald Trump, left, and Chinese President Xi Jinping pose ahead of their summit talk at Gimhae International Airport in Busan, South Korea, Oct. 30, 2025. (AP Photo/Mark Schiefelbein, File

NYC nursing walkout ends as last striking nurses approve new contract

Jennifer Peltz, The Associated Press 2 minute read Preview

NYC nursing walkout ends as last striking nurses approve new contract

Jennifer Peltz, The Associated Press 2 minute read Yesterday at 6:18 PM CST

NEW YORK (AP) — Nurses at a big New York hospital system approved a new contract Saturday, voting to end a major nursing strike after more than a month.

More than 4,000 nurses in the privately run NewYork-Presbyterian system went on strike Jan. 12. They are now due to start returning to work in the coming week. The union, called the New York State Nurses Association, said 93% of its members at NewYork-Presbyterian voted to ratify the three-year contract.

Two other big private hospital systems, Montefiore and Mount Sinai, ended their nurses’ walkout earlier this month by inking contract agreements with the same union.

“We are so happy with the wins we achieved, and now the fight to enforce these contracts and hold our employers accountable begins,” union President Nancy Hagans said in a statement Saturday.

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Yesterday at 6:18 PM CST

Nurses and their supporters strike in front of NewYork-Presbyterian hospital in New York, Thursday, Feb. 19, 2026. (AP Photo/Seth Wenig)

Nurses and their supporters strike in front of NewYork-Presbyterian hospital in New York, Thursday, Feb. 19, 2026. (AP Photo/Seth Wenig)

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