Browsing: Business

Prime Minister Mark Carney outlined a reinforced federal agenda to accelerate domestic manufacturing and secure supply chain independence in response to U.S. trade restrictions. The plan incentivizes domestic capital allocation, supports critical infrastructure, and expands non-U.S. export routes to maintain

– According to Oxford Economics, Quebec is expected to experience the most significant provincial industrial setback in Canada resulting from the recent US tariffs. The research firm projects that Quebec’s annual economic output could decline approximately C$1.8 billion below its

Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures

QUEBEC: Quebec Finance Minister Eric Girard on March 18 tabled a 2026-27 budget that projects an C$8.6 billion deficit and keeps the province’s pledge to return to a balanced budget by 2029-30, setting out a slower deficit reduction path while

OTTAWA: Canada lost 84,000 jobs in February, the largest monthly decline in employment in nearly 17 years outside pandemic disruptions, while the unemployment rate rose to 6.7% from 6.5% in January, according to Statistics Canada’s Labour Force Survey released Friday.

OTTAWA: Canada has reached an agreement with Mexico’s Servicio Nacional de Sanidad, Inocuidad y Calidad Agroalimentaria that will allow shipments of Canadian fresh potatoes for consumption or processing to enter the Mexican market, opening a new export channel for a

OTTAWA: Canada’s steel sector is set to receive C$70 million in retraining and employment support as the federal government moves to cushion workers from tariff-related disruption that hit the industry in 2025 and continues to shape labour policy in 2026.