Companies & Industry · Oct 21, 2026
The federal government on October 21 issued a new Cabinet Directive that forces regulators to offset regulatory cost increases with larger cuts, seeks faster repeal of outdated rules and aims to make Canada more attractive for investment and exports. Businesses and advocacy groups welcomed the move, but analysts warn implementation and legal limits will determine the impact.
Business News · Oct 21, 2026
A new KPMG Canada survey of 346 senior executives finds overwhelming support for a major overhaul of the tax system and faster action on trade diversification, putting pressure on Finance to deliver concrete measures in the November budget.
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.
Business News · Oct 20, 2026
Statistics Canada reported a modest uptick in headline inflation for September, driven by a sharp rise in gasoline prices. The data keeps pressure on policymakers ahead of the Bank of Canada decision on October 28 and has pushed markets to reprice the likelihood of further rate moves.
Business News · Oct 19, 2026
Statistics Canada publishes the September Consumer Price Index on October 19, 2026, the data that could influence the Bank of Canada’s October policy outlook after the central bank signalled a higher inflation forecast driven by oil prices.
Business News · Oct 18, 2026
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Companies & Industry · Oct 17, 2026
EverWind Fuels says it will build a C10 billion data centre and wind portfolio at Point Tupper, Cape Breton, and has signed a long term lease with AI company Anthropic to host Claude model capacity, a deal developers call the largest private investment in Nova Scotia history.
Business News · Oct 17, 2026
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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.
Companies & Industry · Oct 15, 2026
The federal government on October 15, 2026 pledged 100 million to advance Wind West, a Nova Scotia led offshore wind and transmission initiative, funding site characterization, transmission modelling and early-stage marine surveys ahead of a winter 2027 call for bids.
Business News · Oct 14, 2026
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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
A coalition of local managers, unionized workers and First Nations has publicly launched efforts to acquire Rayonier Advanced Materials’ idled pulp and paperboard mill in Témiscaming, Quebec, aiming to restart production and protect hundreds of jobs amid tariff-driven market pressure.
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.
Business News · Oct 11, 2026
Stelco says it will proceed with scheduled layoffs at its Hamilton operations, prompting Industry Minister Melanie Joly to warn Cleveland-Cliffs that the federal government may seek legal remedies under the Investment Canada Act if job commitments are not met.