Wednesday, November 4, 2026 · Read Daily Business News for the latest business, economy, markets, investing, startups, entrepreneurship, corporate and global business developments.
Daily Business News | Business, Economy, Markets & Startup News

Search

Companies & Industry · Nov 2, 2026

Calgary junior producer InPlay Oil declares November cash dividend, underscoring resilient yield strategy

InPlay Oil Corp., a Calgary based junior oil and gas producer, confirmed a monthly cash dividend of C$0.09 per share on November 2, 2026. The move maintains a steady payout pattern that has become central to the companys appeal for income oriented investors and highlights how smaller Canadian oil companies are prioritizing shareholder returns amid volatile commodity markets.

Business News · Oct 29, 2026

Bank of Canada raises policy rate to 2.5 percent, signalling tighter costs for businesses and households

The Bank of Canada increased its overnight policy rate by 25 basis points to 2.5 percent on October 28, 2026, its first hike since 2023. The central bank cited stronger inflationary pressures driven by higher energy prices and warned further increases could be necessary, a move that will raise borrowing costs for Canadian firms and households and reshape investment and mortgage decisions ahead.

Companies & Industry · Oct 27, 2026

Ottawa defence firm 49North signs MOU with Ukraine counter‑drone maker to pursue joint production

49North, a recently launched Canadian defence subsidiary of MDA Space, announced an October 27 memorandum of understanding with Ukrainian counter‑drone developer UNWAVE to explore joint production, integration and in‑service support of counter‑uncrewed aerial systems. The deal signals a push to build Canada‑based industrial capacity for counter‑UAS while deepening Ottawa’s defence trade ties with Kyiv.

Business News · Oct 27, 2026

Prairie Provident lenders move to take control, TSX trading halted as creditor-led CCAA application set in Alberta

Prudential has applied for a Court of King’s Bench initial order seeking creditor-led CCAA protection for Prairie Provident Resources, prompting a trading halt on the TSX and the likely appointment of Alvarez and Marsal as monitor. The move underscores continued strain on small Canadian oil and gas producers facing covenant breaches and tight credit conditions.

Companies & Industry · Oct 25, 2026

Canada to Host Abu Dhabi Crown Prince as Ottawa Seeks Fresh Waves of Gulf Investment

Prime Minister Mark Carney announced on October 25, 2026 that the Crown Prince of Abu Dhabi will visit Ottawa October 26 to 27, a short state visit explicitly framed around expanding trade, investment and sector partnerships that Ottawa hopes will channel Gulf capital into Canadian energy, infrastructure and technology projects.