Business News

The Canada Business News Centre offers you quick access to the business news of the day.

  1. Thanks to a $6.34-million joint investment made as part of Canada–Quebec Operation High Speed, 2,510 households in the Côte-de-Beaupré RCM will have access to Xplornet high-speed Internet services by September 2022.
  2. With many travel and public health restrictions still in place, the region’s tourism industry is facing a long and challenging road to recovery. That is why the Government of Canada is investing in six tourism groups and businesses in Eastern Prince Edward Island (PEI), to boost tourism initiatives and help the industry prepare for a swift recovery when travel restrictions are lifted.
  3. Today, the Honourable Lawrence MacAulay, Minister of Veterans Affairs and Member of Parliament for Cardigan, and the Honourable Matthew MacKay, PEI Minister of Economic Growth, Tourism and Culture, today announced a combined investment of $743,079 for seven projects to help grow the tourism sector.
  4. The Canadian International Trade Tribunal today initiated an inquiry to determine whether the dumping and subsidizing of certain upholstered domestic seating, originating in or exported from the People’s Republic of China and the Socialist Republic of Vietnam, have caused injury or retardation, or are threatening to cause injury. This final injury inquiry was initiated further to a notice received from the Canada Border Services Agency stating that preliminary determinations had been made respecting the dumping and subsidizing of the above-mentioned goods.
  5. Women entrepreneurs and business support organizations across Atlantic Canada gather virtually to discuss Budget 2021
  6. Women’s contributions to business are a major part of Canada’s economic success. However, women who are trying to start, grow and scale their own businesses face significant barriers to gaining full and equal participation in the economy. The Government of Canada is committed to supporting the organizations that empower women by providing the necessary resources, mentorship and capital needed to grow successful businesses.
  7. Western Economic Diversification Canada will deliver on landmark investments from Budget 2021 to help western Canadian businesses grow and succeed.
  8. Following a review of existing import requirements, the Canadian Food Inspection Agency (CFIA) is implementing changes for commercial dogs under 8 months of age that are imported for breeding and resale end uses (which includes adoption) to improve compliance with humane transport and animal health requirements.
  9. Thanks to a joint investment of $81.36 million made as part of Canada–Quebec Operation High Speed, 18,200 households in the Outaouais region will have access to high-speed Internet services by September 2022. The projects, totalling $112.09 million, will be implemented by Cogeco and Xplornet.
  10. Atlantic Canada Opportunities Agency to continue delivering financial support to businesses impacted by COVID-19.
  11. Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, joined her international counterparts for the G20 Tourism Ministers Meeting, hosted by Italy. Recognizing a pressing need, ministers from the world’s largest economies, which also include the largest source markets for international tourism, met virtually to discuss the tourism sector’s transition to a sustainable and resilient recovery.
  12. The Canadian International Trade Tribunal today initiated an inquiry to determine whether the dumping and subsidizing of certain grinding media, originating in or exported from the Republic of India, have caused injury or retardation or are threatening to cause injury. This final injury inquiry was initiated further to a notice received from the Canada Border Services Agency stating that preliminary determinations have been made respecting the dumping and subsidizing of the above mentioned goods.
  13. Thanks to a $38M joint investment made as part of Canada–Quebec Operation High Speed, 2,850 households in the Granit RCM will have access to high-speed Internet services by September 2022. The projects will be implemented by Sogetel and TELUS.
  14. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is sustainable and inclusive of all Canadians.
  15. Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, joined Irek Kusmierczyk, Parliamentary Secretary to the Minister of Employment, Workforce Development and Disability Inclusion, and Member of Parliament for Windsor–Tecumseh, for a round table with small and medium-sized enterprises in the Windsor-Essex region on Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  16. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, met with some of Alberta’s foremost business leaders, investors, innovators and policy makers to discuss the clean tech investments announced in Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  17. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is inclusive of all Canadians.
  18. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is inclusive of all Canadians.
  19. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will participate in a virtual panel discussion on Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  20. The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, and Michael McLeod, Member of Parliament for the Northwest Territories, will participate virtually in a roundtable with business owners and entrepreneurs from the Northwest Territories to discuss supports for small businesses announced in Budget 2021.
  21. “This is the time to lean in and build back a more innovative, inclusive and sustainable future.
  22. The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, will participate in a virtual roundtable with small businesses in the Windsor-Essex region to discuss Budget 2021 investments in small businesses and entrepreneurs.
  23. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, held a virtual roundtable to discuss investments from Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  24. The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, will participate in a virtual event with the Vaughan Chamber of Commerce to discuss Budget 2021 investments in small businesses and entrepreneurs.
  25. Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister respsonsible for Western Economic Diversification Canada met with economic development leaders from Burnaby and the Tri-Cities area to discuss the new British Columbia-focused regional development agency investment from Budget 2021.
  26. Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, and the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance participated virtually in a roundtable with small businesses and entrepreneurs to discuss investments in small businesses and entrepreneurs from Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  27. The Honourable Mélanie Joly, Minister of Economic Development and Official Languages, and Minister responsible for Western Economic Diversification Canada, will discuss the federal government’s support for businesses and entrepreneurs through Budget 2021, including the creation of a new regional development agency dedicated to British Columbia.
  28. The COVID-19 pandemic has had a tremendous impact on all Canadians, but especially on young Canadians. That is why the Government of Canada continues to make historic investments to ensure that youth have the supports and opportunities they need to build long and successful careers.
  29. Canada Summer Jobs (CSJ) is part of the Youth Employment and Skills Strategy, which is the Government of Canada’s commitment to help young people—particularly those facing barriers to employment—get the information and gain the skills, work experience and abilities they need to transition successfully into the labour market. CSJ is delivered by Employment and Social Development Canada.
  30. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will meet virtually with executives from SB Technologies, including their partners at the Institut quantique of Université de Sherbrooke. He will be joined by Member of Parliament for Sherbrooke and Parliamentary Secretary for the Minister of Economic Development Élisabeth Brière and Member of Parliament for Brome-Missisiquoi Lyne Bessette. The Minister will discuss Budget 2021’s proposed investments in small businesses and the National Quantum Strategy.
  31. The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, will participate in a virtual event with the Edmonton and Calgary chambers of commerce to discuss Budget 2021 investments in small businesses and entrepreneurs.
  32. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is sustainable and inclusive of all Canadians.
  33. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is sustainable and inclusive of all Canadians.
  34. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry; the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada; and the Honourable Jim Carr, Special Representative for the Prairies, met with representatives of the University of Saskatchewan to discuss an investment in vaccine research and development at the Vaccine and Infectious Disease Organization (VIDO) from Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  35. The Government of Canada has long supported the University of Saskatchewan’s Vaccine and Infectious Disease Organization’s (VIDO) cutting-edge work in the discovery and development of vaccines for some of the world’s most infectious diseases.
  36. Protecting vulnerable road users is a priority for the Government of Canada, and silence can sometimes pose a safety risk when it comes to hybrid and electrical vehicles. That is why we are taking steps to increase the safety of all road users.
  37. The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, will participate in a virtual fireside chat with Dayna Spiring, President and CEO of Economic Development Winnipeg, to discuss Budget 2021 investments in small businesses and entrepreneurs.
  38. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada, and the Honourable Jim Carr, Minister and Special Representative for the Prairies, will meet with representatives from the University of Saskatchewan to discuss the biomanufacturing investment in the Vaccine and Infectious Disease Organization (VIDO) proposed in Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience. A media availability will follow.
  39. The Canadian International Trade Tribunal today found that the dumping of wheat gluten, originating in or exported from Australia, Austria, Belgium, France, Germany and Lithuania, has caused injury to the domestic industry. Anti-dumping duties will therefore be collected by the Canada Border Services Agency. The complainant in this case was ADM Agri-Industries Company of Windsor, Ontario.
  40. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will take part in a virtual Q&A session with the Regroupement des chambres de commerce de la Mauricie on investments announced in Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  41. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is inclusive of all Canadians. Today, the Minister of Economic Development and Official Languages, the Honourable Mélanie Joly, engaged with Yves Lalumière, President and Chief Executive Officer of Tourisme Montréal, Louise Beaudoin, Board President for Regroupement des événements majeurs internationaux, Paul Arseneault of the Université du Québec à Montréal and Martin Lessard of MT Lab on recovery for Montréal’s tourism industry. The discussion, organized by Canada Economic Development for Quebec Regions (CED) at MT Lab, centred on opportunities for this recovery outlined in the recent Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.
  42. The Canadian International Trade Tribunal has completed the interim review of its finding made on October 20, 2016, in Inquiry No. NQ-2016-001, in respect of welded large diameter carbon and alloy steel line pipe with an outside diameter greater than 24 inches (609.6 mm), and less than or equal to 60 inches (1,524 mm), regardless of wall thickness, length, surface finish (coated or uncoated), end finish (plain end or beveled end), or stencilling and certification (including multiple-stenciled/multiple-certified line pipe for oil and gas transmission and other applications), originating in or exported from the People’s Republic of China and Japan.
  43. The Canadian International Trade Tribunal today initiated a preliminary injury inquiry into a complaint by Transformateurs Delta Star Inc. of Saint-Jean-sur-Richelieu, Quebec, Northern Transformer Corporation of Maple, Ontario, PTI Transformers Inc. of Regina, Saskatchewan and PTI Transformers L.P. of Winnipeg, Manitoba, that they have suffered injury as a result of the dumping of certain small power transformers, originating in or exported from the Republic of Austria, the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei), and the Republic of Korea. The Tribunal’s inquiry is conducted pursuant to the Special Import Measures Act as a result of the initiation of a dumping investigation by the Canada Border Services Agency (CBSA).
  44. Thanks to a joint investment of $86.77 million made as part of Canada–Quebec Operation High Speed, more than 10,640 households in the Outaouais region will have access to Bell high-speed Internet services by September 2022. The announcement was made today by Will Amos, Parliamentary Secretary to the Minister of Innovation, Science and Industry (Science) and Member of Parliament for Pontiac; Stéphane Lauzon, Parliamentary Secretary to the Minister of Seniors and Member of Parliament for Argenteuil–La Petite-Nation; Mathieu Lacombe, Quebec Minister of Families and Minister Responsible for the Outaouais Region and Member of the National Assembly for Papineau; Gilles Bélanger, Parliamentary Assistant to the Premier (high-speed Internet) and Member of the National Assembly for Orford; and Robert Bussière, Member of the National Assembly for Gatineau.
  45. DeNova develops low-cost aquafeed protein ingredient to meet growing demand
  46. Today, Gudie Hutchings, Parliamentary Secretary to the Minister for Women and Gender Equality and Rural Economic Development, and Member of Parliament for Long Range Mountains, on behalf of the Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, announced over $481,000 in federal funding to bring high-speed Internet to rural residents of Newfoundland and Labrador, with an additional investment of nearly $183,000 from Aldera Communications. This project will help connect 1,230 underserved households in the communities of Glenburnie, Birchy Head, Shoal Brook, Woody Point, St. Paul’s, Cow Head, Three Mile Rock, Parsons Pond, Portland Creek, Daniel’s Harbour and Bellburns.
  47. As the Canadian economy recovers from the impact of COVID-19, workers are facing new challenges. Residents of Prince Edward Island and all Canadians need access to training and employment supports to develop new skills and find good jobs.
  48. The Workforce Integration Fund is one of the targeted measures implemented by the Government of Prince Edward Island as a result of investments through the Workforce Development Agreements. To date, 14 innovative projects have been supported by the Fund. These include:
  49. The CBSA launches an investigation into small power transformers from Austria, the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei), and South Korea
  50. The workforce of Canada’s fish and seafood processing sector is an economic driver in coastal and rural communities, and is vital to the national food supply chain. The sector faced immense challenges due to COVID-19, and the Government of Canada worked quickly to ensure it had the support it needed during this unprecedented time.