22 result(s) for “Markets”
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.
The federal government announced funding to expand Xona Space Systems Canada in Montreal, aiming to strengthen Canada’s positioning, navigation and timing capabilities, create skilled jobs and bolster the domestic defence and space supply chain.
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.
Eco Atlantic Oil and Gas completed a direct equity subscription worth US$7.7 million on October 19, 2026, strengthening its balance sheet as it advances exploration plans on Atlantic margins. The funding comes from existing institutional investors and will support continued appraisal and portfolio activity.
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Mélanie Joly warned that Ottawa could force the sale of Stelco’s Canadian operations if planned layoffs are not rescinded, raising the prospect of a legal and political showdown over foreign ownership and job commitments.
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.
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.
On October 11, 2026, Prime Minister Mark Carney told the U.S. president Canada supports an announced agreement to halt strikes on energy infrastructure in Ukraine, and Ottawa said it will increase oil and diesel exports to the United States as allies weigh the plan.
Statistics Canada reported a second consecutive monthly decline in employment on October 9, 2026, with 68,000 net jobs lost in September and the unemployment rate edging up to 6.5 percent. The drop, concentrated in public services and among younger workers, has economists and policymakers weighing the outlook for growth, wages and interest-rate policy.
Statistics Canada will release the Labour Force Survey for September 2026 on Oct. 9, 2026. Economists and markets will look for signs about whether hiring momentum is slowing, how participation is shifting across provinces, and what the data means for Bank of Canada policy.
Calgary based Suncor Energy agreed to sell its interests in the Terra Nova, White Rose and West White Rose offshore projects to London based Ithaca Energy for C$1.2 billion in upfront cash plus contingent payments, a deal that accelerates Ithaca's first international expansion and frees Suncor to boost shareholder returns and focus on core assets in Alberta.