Saskatchewan-based Monette Farms has filed for protection from creditors to reorganize nearly $900 million in total secured debt, according to court documents filed by the farm's owner, Darrel Monette, requesting a court to supervise an insolvency restructuring process, DTNPF.com reported. Monette Farms is one of the largest farming operations in North America with 350,000 acres that encompass both Canada and the U.S.

Statistics Canada says real gross domestic product rose 0.2 per cent in February, but there were early signs the economy might have stalled to close out the first quarter of the year, Bloomberg News reported. The agency says economic growth in the month was led by a 1.8 per cent gain in the manufacturing sector, marking its fastest pace of growth in more than three years.

Canada’s Department of Finance has proposed a total ban on Bitcoin and crypto ATMs, describing the measure as a way to protect seniors and vulnerable people, Decrypt.com reported. In an economic update released on Wednesday, the country’s government described machines that let customers exchange cash for digital assets as “a primary method” for scammers set on bilking a growing number of Canadians out of their hard-earned cash.

The Bank of Canada likely will keep its main interest rate unchanged Wednesday, but there is growing doubt that officials can hold rates steady the longer energy prices remain elevated, economists surveyed by the Wall Street Journal say. The conflict in the Middle East has effectively closed oil-tanker traffic in the Strait of Hormuz, leading to a sizable jump in crude oil prices and what drivers pay to fill up their tanks. The energy-price shock has sharply lifted near-term inflation expectations, according to a recent Bank of Canada survey.

Canada is developing a government-owned investment fund, Prime Minister Mark Carney said Monday, the Associated Press reported. Carney said that the fund would invest in major Canadian industrial projects, in areas such as energy, infrastructure, mining, agriculture and technology. It will begin at 25 billion Canadian dollars ($18 billion). The prime minister said that the federal government will provide funds alongside private investors. The money will help finance projects that Carney's government is focused on building, as Canada seeks to diversify away from the United States. U.S.

More than a year after the parent company of New Brunswick nuclear technology developer Moltex Energy Canada Inc. entered into a British insolvency proceeding, “advanced” negotiations with a potential buyer are progressing, according to an insolvency practitioner supervising the sale, The Globe and Mail reported. The parent company, Manchester-based Moltex Energy Ltd., began the proceedings in March, 2025, with the objective of rescuing itself as a going concern.

Retail sales rose 0.7 per cent to $72.1 billion in February as sales at new and used car dealers climbed, Statistics Canada said Friday, the Canadian Press reported. TD Bank economist Maria Solovieva said consumers delivered another solid month in February, with early indications pointing to continued strength in March. Looking ahead, Statistics Canada said its advance estimate of overall retail sales for March pointed to a gain of 0.6 per cent, though it cautioned the figure would be revised.

A downturn in Canadian housing starts helped push wholesale distributor Coast Appliances into court-ordered protection to fend off insolvency, and economic forecasts cloud the likelihood that the business will emerge from the process intact, the Vancouver Sun reported. The large Vancouver-based distributor of home and kitchen appliances filed for protection from its creditors citing rising inflation, poor consumer confidence, and a downturn in new housing starts, a core market for the company’s sales. On April 17, B.C.