13 result(s) for “Finance”
The long-expected two part transaction that transfers Laurentian Bank’s commercial operations to Fairstone and its retail and SME portfolios to National Bank closed on November 1, 2026. The deal removes a historic Montreal-based retail competitor from the market and shifts customers, branches and jobs as Canada’s banking sector adjusts to a new competitive map.
More than 1,200 unionized workers at Teck Resources’ Highland Valley Copper mine began strike action on October 24, 2026, forcing the mine to operate at reduced capacity. The stoppage threatens near-term copper output from Canada’s largest open pit copper operation, with implications for regional employment, Teck’s near-term production guidance, and supply for industries tied to the energy transition.
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.
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.
Federal, provincial and territorial health ministers gather in Winnipeg on October 15 and 16, 2026 to negotiate the future of federal health transfers and short term funding extensions that Ottawa has announced. Provinces say more durable funding is needed to avoid looming fiscal cliffs for critical services including mental health, addictions and home care.
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.
Canada’s new Productivity Mega Deduction is shifting the financing calculus for major energy infrastructure, South Bow executives told investors, renewing momentum behind the company’s proposed Prairie Connector pipeline as Ottawa seeks to lure global capital.
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.
Ottawa’s decision to list the proposed Pacific Link pipeline as Canada’s first Project of National Interest has heightened immediate business calculations and political tensions, with industry, provincial leaders and Indigenous groups all recalibrating plans for jobs, investment and consultation.
With the federal government fast tracking the Pacific Link pipeline, Canadian oil producers and contractors are preparing for major capital bills to expand output and transport capacity. Analysts warn the move will push spending into the tens of billions and reshape regional labour markets and provincial finances.
The WHO is warning of a potential global shortage of 11.1 million health workers by 2030, while around a quarter of doctors are expected to retire within the next decade as ageing populations increase demand for care.
London-based Mantic has raised $25 million after its AI forecasting system outperformed human competitors in a major prediction tournament, drawing interest from businesses, government agencies and financial firms.
The Bank of Japan has raised its policy rate to 1.25%, its highest level in 31 years, as inflation risks increase. Yet the yen weakened after the decision, highlighting uncertainty over how quickly Japan will continue tightening monetary policy.