Business News

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

  1. When the COVID-19 crisis hit, our government rapidly rolled out an historic set of broad-based programs so that we could save lives, ensure our economy could withstand public health restrictions, and have the backs of Canadian workers and Canadian businesses so they could get through the pandemic.
  2. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and Sean Casey, Member of Parliament for Charlottetown, announced an investment of $1.9 million in Charlottetown-based SENTRY Water Monitoring through Sustainable Development Technology Canada (SDTC). This is the first SDTC investment in SENTRY Water Monitoring and part of a partnership that is advancing the company as an industry leader in wastewater treatment.
  3. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced an investment of $1.5 million in St. John’s-based Milk Moovement through Sustainable Development Technology Canada (SDTC). This is the second SDTC investment in Milk Moovement and part of a continuing collaboration that is helping the company advance its cloud-based software to connect all players in the raw milk supply chain.
  4. Canada Emergency Response Benefit Advance Payment
  5. The Honourable Carla Qualtrough, Minister of Minister of Employment, Workforce Development and Disability Inclusion, today issued the following statement.
  6. The Government of Canada continues to take action to support the transportation system of British Columbia after the recent floods.
  7. That is why the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, today announced a partnership between the Government of Canada and the European Commission to examine the use of digital credentials. A digital credential is a portable digital record of a claim made by a business, an organization or an individual. It can be held in and shared through a digital wallet, serving as a digital representation of traditionally physical certificates or information, like driver’s licences or business permits.
  8. On November 15, Rumina Velshi, CNSC President and CEO, delivered a keynote address at the G4SR-3 Summit. During her keynote, President Velshi spoke about our readiness to regulate small modular reactors and other new technologies. Nuclear security, regulatory efficiency, engagement and international collaboration are all key to ensuring this readiness. Executive Vice-President Ramzi Jammal also highlighted our modern regulatory framework and the importance of international cooperation efforts in advancing regulatory harmonization.
  9. Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, issued the following statement in celebration of Women’s Entrepreneurship Day:
  10. The Canadian Intellectual Property Office (CIPO) has launched its new interactive National Entry Request (NER) online solution for submitting Patent Cooperation Treaty (PCT) national entry requests. This solution is available to patent applicants who enter the Canadian national phase of their PCT application.
  11. Today, the Minister of Innovation, Science and Industry, François-Philippe Champagne, concluded visits to three German cities and to Brussels and Paris, where he met with governmental counterparts and business leaders in key sectors.
  12. Today, Innovative Solutions Canada launched a new challenge led by Natural Resources Canada (NRCan) to modernize tree seedling production and make tree planting more cost-efficient and sustainable. With billions of tree seedlings produced each year in Canada, NRCan is looking for new processes and technologies that will modernize the forest sector by reducing not only the cost of tree seedling production, packaging and transportation but also the amount of waste those activities currently generate. The solution will also help Canada become a world leader in innovative tree planting solutions.
  13. Funding of $1.5 million through Prairies Economic Development Canada (PrairiesCan) will support the Global Agri-food Advancement Partnership incubator and accelerate innovation in the Prairies
  14. Artificial intelligence (AI) offers powerful new solutions across sectors of the economy to improve the lives of Canadians—from advanced health care to more efficient and sustainable resource development and agriculture.
  15. Today, François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, met with Thierry Breton, the European Union’s Commissioner for the Internal Market.
  16. The Honourable Daniel Vandal, Minister responsible for Prairies Economic Development Canada, will announce federal support to establish a technology incubator program in Saskatchewan.
  17. Funding of $1.35 million through Prairies Economic Development Canada (PrairiesCan) to help modernize an Edmonton facility for Alberta firms to test their products and processes will assist Alberta's advantage in the growing global hydrogen industry.
  18. The Canadian Nuclear Safety Commission announced its decision to amend Ontario Power Generation’s Darlington operating licence to authorize the production of Molybdenum-99.
  19. Online Course Shines a Spotlight on Mental Health in the Workplace
  20. The Honourable Daniel Vandal, Minister of Northern Affairs, Minister responsible for Prairies Economic Development Canada and Minister responsible for the Canadian Northern Economic Development Agency, will outline federal support to enable Alberta companies to capitalize on growth opportunities in hydrogen energy.
  21. 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.
  22. Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, issued the following statement in celebration of Global Entrepreneurship Week, which runs from November 8 to 14:
  23. Ottawa, Ontario, November 8, 2021—The Canadian International Trade Tribunal today initiated an expiry review of its orders made on November 28, 2016, in expiry review No. RR-2015-003, to determine if the expiry of the orders is likely to lead to continued or resumed dumping of copper pipe fittings from the United States of America, the Republic of Korea and the People’s Republic of China, and subsidizing of such goods originating from the People’s Republic of China, and is likely to result in injury.
  24. Thanks to a $7.7 million joint investment made as part of Canada–Quebec Operation High Speed, 690 households in the municipalities of Sainte-Françoise, Sainte-Rita, Saint-Guy, Saint-Jean-de-Dieu, Saint-Clément and Saint-Médard will have access to Cogeco high-speed Internet services by September 2022.
  25. Minister of Innovation, Science and Industry, François-Philippe Champagne, today concluded meetings with senior government and industry officials in Washington, D.C. and Monterrey to discuss ways that Canada can work with the United States and Mexico on post-pandemic economic recovery, including building more resilient supply chains.
  26. Today, François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, met with Tatiana Clouthier, Mexico’s Secretary of Economy, in Monterrey, Mexico, as part of his visit to the United States and Mexico.
  27. The Government of Canada is committed to fighting anti-Asian racism and ensuring inclusion and representation through policies and concrete actions.
  28. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the publication of the latest quarter of wireless pricing data on 2 GB to 6 GB data plans, which covers the July to September 2021 period.
  29. The Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, will deliver remarks on the opening of the Chinatown Storytelling Centre.
  30. Today, Innovative Solutions Canada launched a new challenge led by the National Research Council of Canada (NRC) to build on their innovative ultrafast laser inscription of fiber Bragg grating technology.
  31. Along with other Canadian law enforcement agencies, the RCMP is facing challenges in accessing encrypted data seized during the course of criminal investigations. Individuals engaging in illegal behaviours have been using sophisticated encryption techniques to bypass legal prosecution.
  32. Today, François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, and Gina Raimondo, U.S. Secretary of Commerce, met in Washington to discuss areas of cooperation that build upon the Roadmap for a Renewed U.S.-Canada Partnership.
  33. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will hold a media availability on November 4 to discuss his meetings with his American counterparts and shared opportunities for partnership and growth for Canada and the United States as the world moves toward a sustainable, post-pandemic economic recovery.
  34. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced an investment of $20 million in GHGSat, of Montréal, Quebec, through Sustainable Development Technology Canada (SDTC).
  35. The Honourable François-Phillipe Champagne, Minister of Innovation, Science and Industry, will be travelling to Washington, D.C., and Monterrey, Mexico, to meet with his American and Mexican counterparts, as well as with stakeholders across sectors of the economy.
  36. The Canadian International Trade Tribunal today initiated an inquiry to determine whether the dumping of oil country tubular goods originating in or exported from the Republic of Austria has caused injury or retardation or is threatening to cause injury. This final injury inquiry was initiated further to a notice received from the Canada Border Services Agency stating that a preliminary determination had been made respecting the dumping of the above-mentioned goods.
  37. When the COVID-19 crisis hit, our government rapidly rolled out a number of broad-based programs to respond to our country’s greatest economic shock since the Great Depression. The objective was straightforward: to prevent, insofar as possible, economic scarring and help workers and employers get through the pandemic and the restrictions it provoked. These programs have been a lifeline for workers and businesses across the country. They have protected millions of jobs, and helped hundreds of thousands of Canadian businesses keep going through the worst days of the pandemic.
  38. The Canadian International Trade Tribunal today initiated an inquiry to determine whether the dumping and subsidizing of certain container chassis originating in or exported from People’s Republic of China 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.
  39. With one of the most successful vaccination campaigns in the world, many businesses safely reopening, and employment now back to pre-pandemic levels, Canadians have reached a turning point in the fight against COVID-19. The government has now surpassed its target of creating a million new jobs. Canada is on the road to economic recovery—but some areas of the country and economy continue to need targeted support.
  40. Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and the Honourable Deb Schulte, Minister of Seniors, announced the second phase of Connecting Families, which will help connect hundreds of thousands of low-income seniors and families to affordable high-speed home Internet in 2022.
  41. Small businesses are the backbone of the Canadian economy and will play a crucial role in Canada’s economic recovery from the COVID-19 pandemic, creating jobs and building a better way forward in the months and years to come.
  42. The Canadian Nuclear Safety Commission announced its decision to issue BWXT Medical Ltd. a Class IB nuclear substance processing facility licence to operate a nuclear medicine production facility in Ottawa, Ontario.
  43. The Canadian Centre for Occupational Health and Safety (CCOHS) has launched a new mobile app to help make workplace health and safety resources on COVID-19 accessible to workers in Canada.
  44. The Canadian Nuclear Safety Commission announced its decision to renew the nuclear power reactor site preparation licence held by Ontario Power Generation Inc. for its Darlington New Nuclear Project, located in the Municipality of Clarington, Ontario.
  45. Today, Canada's Chief Veterinary Officer, Dr. Mary Jane Ireland, announced that the Canadian Food Inspection Agency (CFIA) and the Vietnam Food Administration have agreed to an African swine fever (ASF) zoning arrangement to allow for the safe trade of swine products from disease-free zones in Canada in the event of an ASF outbreak.
  46. The Canadian International Trade Tribunal today initiated an inquiry to determine whether the dumping of oil country tubular goods originating in or exported from the United Mexican States has caused injury or retardation or is threatening to cause injury. This final injury inquiry was initiated further to a notice received from the Canada Border Services Agency stating that a preliminary determination had been made respecting the dumping of the above-mentioned goods.
  47. The Canadian International Trade Tribunal today initiated an expiry review of its finding made on October 20, 2016, in Inquiry No. NQ-2016-001, to determine if the expiry of the finding is likely to lead to continued or resumed dumping of welded large diameter carbon and alloy steel line pipe from the People’s Republic of China and Japan, and the subsidizing of these goods from the People’s Republic of China, and is likely to result in injury.
  48. On September 8, 2021, Rumina Velshi, CNSC President and CEO, delivered a keynote address on the prospects for small modular reactors at the World Nuclear Association’s annual symposium. She provided the CNSC’s perspective on the need for greater international harmonization and coordination in the regulation of nuclear energy, and with respect to emerging technology.
  49. The Canada Employment Insurance Commission (CEIC) today made available the Actuarial Report and its summary for the 2022 Employment Insurance (EI) premium rate. The rate is set at $1.58 per $100 of insurable earnings for employees and $2.21 for employers who pay 1.4 times the employee rate, which is unchanged from the 2020 and 2021 premium rate.
  50. The Canadian International Trade Tribunal today determined that there is a reasonable indication that the dumping of oil country tubular goods, originating in or exported from the Republic of Austria, has caused injury to the domestic industry.