Business News · Nov 2, 2026
Prime Minister Mark Carney and EU leaders unveiled an Alliance for the Future aimed at tightening economic and technology ties, while Ottawa announced a multibillion dollar investment in AI infrastructure and capacity to secure a domestic industry.
Business News · Nov 1, 2026
On November 1, 2026, several provinces and territories stopped changing their clocks, creating a split in Canada’s timekeeping that is forcing companies, border operators and payroll teams to adjust schedules, software and contracts.
Business News · Oct 30, 2026
A White House proclamation that removes selected Canadian goods from a 50 percent tariff list while adding dozens of new lines becomes effective October 30. Canadian exporters, from flooring manufacturers to agriculture suppliers, face a complex mix of relief and fresh exposure as Ottawa assesses immediate economic and policy implications.
Business News · Oct 29, 2026
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
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.
Companies & Industry · Oct 25, 2026
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.
Business News · Oct 25, 2026
The federal government will table its Budget 2026 on Thursday, November 5, the Department of Finance announced. The move frames Ottawa’s next fiscal plan around unlocking business investment, nation building projects and economic security amid a fragile global backdrop.
Business News · Oct 20, 2026
Cleveland-Cliffs says Stelco contributed positively to its third quarter, but the U.S. steelmaker is idling lines and cutting hundreds of jobs in Hamilton and Nanticoke. The federal government says the layoffs may breach undertakings tied to the 2024 acquisition and is demanding a plan to protect Canadian jobs.
Companies & Industry · Oct 16, 2026
EverWind announced on October 16, 2026 a privately funded plan to invest more than C$10 billion to build an AI-focused data centre campus at Point Tupper and expand onshore wind generation in Nova Scotia. The proposal brings large-scale private capital and local revenue promises, while raising questions about grid capacity, water use, and long term local benefits.
Business News · Oct 15, 2026
On October 15, federal ministers and regional representatives made a coordinated set of announcements aimed at boosting clean energy projects, apprenticeship training and small business investment across several provinces. The moves underline Ottawa’s strategy to steer private capital toward large renewable projects while offering near term supports to local firms and workers.
Companies & Industry · Oct 13, 2026
Czechoslovak Group acquired a 9.5 percent holding in Toronto and New York listed MDA Space on October 13, 2026, marking a major foreign strategic investor entry into Canada’s space sector and raising questions about industrial partnerships, supply chains and national security.
Business News · Oct 12, 2026
The federal government has given Cleveland-Cliffs five days to explain how it will meet employment commitments tied to its 2024 purchase of Stelco, after the U.S. owner pressed ahead with layoffs at the Hamilton steelworks. The company’s CEO said he is prepared to fight in court, raising the prospect of a high stakes legal and political battle over foreign investment commitments and Canadian industrial policy.
Companies & Industry · Oct 9, 2026
On October 9, 2026, Ottawa took its case to manufacturers in Quebec, promoting a permanent Productivity Mega Deduction that officials say will cut the marginal tax on new business investment roughly in half and strengthen Canada’s appeal for capital spending.
Companies & Industry · Oct 5, 2026
Canada’s Competition Bureau on October 5, 2026 opened a formal review of a proposed acquisition affecting a strategic fuel hub, signaling potential constraints or remedies that could reshape regional energy, trucking and refining arrangements. The move increases uncertainty for the buyer, sellers and customers while underscoring Ottawa’s focus on protecting competition in essential supply chains.
Companies & Industry · Oct 4, 2026
Ottawa is accelerating its industrial push on artificial intelligence with a newly formed advisory council and recent investment announcements aimed at scaling Canadian AI companies, data centres and infrastructure. The measures seek to shore up domestic capacity, attract global capital and ease industry concerns about regulation and local impacts.