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23 result(s) for “Supply Chains”

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.

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.

Companies & Industry · Oct 16, 2026

EverWind unveils C$10 billion data centre and wind buildout at Point Tupper, promising jobs and debate in Nova Scotia

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

Ottawa unrolls regionally targeted business support and offshore wind push in multicity October 15 announcements

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.

Business News · Oct 12, 2026

Ottawa and Cleveland-Cliffs Head Toward Legal Showdown as Stelco Layoffs Begin

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 5, 2026

Competition Bureau opens formal probe into proposed takeover of key Canadian fuel hub, raising questions for energy and transport markets

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.