26 result(s) for “Business”
Industry Minister Melanie Joly has formally demanded Cleveland-Cliffs reverse temporary layoffs affecting up to 500 workers at Hamilton’s Stelco or face court action, saying the U.S. owner appears to have breached employment commitments tied to its 2024 acquisition.
Prime Minister Mark Carney on October 23, 2026 announced a Canada - Türkiye Strategic Partnership and the start of free trade negotiations, a move Ottawa says will reduce reliance on the United States while opening new markets for Canadian industry. The pact pairs trade and defence cooperation with a three year action plan, but it also raises tensions over human rights and geopolitical balancing.
Great Place To Work published its 2026 provincial Best Workplaces lists on October 23, highlighting 375 recognized employers and survey responses from more than 117,000 Canadian workers. The release underlines where Canadian employers are investing in culture as inflation, skills shortages and AI reshape hiring and retention.
On October 22, 2026 the Parliamentary Budget Officer published a revised Economic and Fiscal Outlook showing slower growth, higher borrowing needs and rising debt-service costs, a development that reshapes Ottawa’s budget calculus ahead of the government’s November fiscal plan.
Sherritt International said on October 20, 2026 that the United States Treasury granted a narrowly tailored OFAC license allowing fuel shipments to its Moa nickel mine in Cuba, a step that could enable restart of material processing at its Alberta refinery but leaves financing and further U.S. approvals unresolved.
On October 19, 2026, voters across Alberta cast ballots on a provincial referendum that includes nine policy questions and one question that would launch a legal process toward a binding referendum on separation from Canada. The vote has heightened national tensions, drawn high turnout for advance voting, and raised legal and Indigenous rights questions that could prolong the dispute beyond election day.
Industry Minister Mélanie Joly warned that Ottawa could force the sale of Stelco’s Canadian operations if planned layoffs are not rescinded, raising the prospect of a legal and political showdown over foreign ownership and job commitments.
Nintendo and EB Games opened a permanent 1,500 square foot Nintendo space at EB Games Canada’s flagship Yonge Street store on October 17, 2026. The move represents a strategic push by Nintendo into Canadian brick and mortar retail and a vote of confidence in downtown Toronto foot traffic as holiday season demand peaks.
Canada’s federal banking regulator has opened a review of the capital framework used by smaller lenders, seeking to narrow a regulatory gap that can make it harder for regional banks, credit unions and fintechs to compete with the Big Six.
On October 15, 2026, investors and business leaders in Canada faced a packed domestic calendar, with major bank earnings, corporate dividend dates and a Bank of Canada policy meeting window converging to shape markets and business planning into the final quarter.
Foreign Minister Anita Anand told reporters in New Delhi on October 14, 2026 that Ottawa is racing to finalise a Comprehensive Economic Partnership Agreement with India before the end of the year, part of a broader strategy to lessen Canada’s reliance on the United States and deepen ties with non US partners.
The federal government announced a major expansion of regional AI supports on October 14, 2026, directing roughly half a billion dollars to help small and medium sized firms buy, build and scale Canadian AI products. Officials said the move aims to boost commercialization, attract investment and keep AI jobs and supply chains inside Canada.
Vancouver based Uniserve changed its TSX Venture trading symbol to COMP on October 13, 2026, a public signal of a strategic shift from managed telecom services toward compute, cloud and data centre infrastructure aimed at serving AI and data intensive workloads in Canada.
With Alberta set to vote on Oct. 19 on whether to begin a legal process toward a binding referendum on leaving Canada, Prime Minister Mark Carney delivered a public appeal for national unity on Oct. 12. The vote also includes multiple questions on immigration and provincial powers, raising constitutional, economic and reconciliation concerns.
Stelco has begun issuing layoff notices at its Hamilton steelworks even after the federal industry minister gave the company five business days to present a compliance plan under the Investment Canada Act. The dispute raises fresh questions about foreign ownership, trade policy and enforcement tools for protecting Canadian jobs.