Saturday, October 24, 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

22 result(s) for “Ottawa”

Companies & Industry · Oct 21, 2026

Ottawa issues new Cabinet directive to cut regulatory red tape, presses departments to deliver net burden reductions

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Cabinet Directive that forces regulators to offset regulatory cost increases with larger cuts, seeks faster repeal of outdated rules and aims to make Canada more attractive for investment and exports.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 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.

Business News · Oct 9, 2026

Stelco begins layoffs in Hamilton as Ottawa warns owner of legal action

Stelco began issuing layoff notices on October 9, 2026, as its U.S. owner, Cleveland-Cliffs, idles operations at the Hamilton plant. The federal government has given the company days to explain how it will meet employment commitments tied to its 2024 purchase, raising the prospect of enforcement under the Investment Canada Act.