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The federal government has launched a record C$1.75 billion Venture and Growth Capital plan to keep high growth companies in Canada. Officials opened a fund of funds call this month, but industry and program documents show most funding streams will not reach managers or startups for many months.
By dailybusinessnews · 4 hours ago
Business News · Oct 24, 2026
Three Canadian trust and banking entities, including The Bank of Nova Scotia Trust Company, published notices in the Canada Gazette on October 24, 2026, saying they intend to apply for regulatory approval to reduce stated capital. The moves would permit transfers totaling up to C$170 million to their sole shareholder if approved by the Office of the Superintendent of Financial Institutions.
Business News · Oct 23, 2026
Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan announced a strategic partnership and the launch of free trade talks, aiming to boost bilateral trade, energy cooperation and defence industrial ties as Canada looks to diversify away from its heavy reliance on the United States.