Business News

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

  1. Public Services and Procurement Canada is helping more businesses get involved in federal procurement to build a more inclusive economy.
  2. The Canadian labour market continues to evolve quickly, leaving many workers without the necessary skills to meet on-the-job demands, and many employers struggling to find employees to fill vacancies. To help Canada’s economy recover from the pandemic and build back better, we need to ensure Canadians get the skills they need to succeed in today’s workforce. That is why the Government of Canada introduced the Skills for Success program, which helps adult Canadians improve their foundational and transferable skills so they can find high quality employment opportunities.
  3. Laser Medical Canada of Laval, Quebec, fined $68,593 for offences under the Food and Drugs Act and Medical Devices Regulations
  4. Today, Francis Drouin, Member of Parliament for Glengarry–Prescott–Russell, along with Mark Gerretsen, Member of Parliament for Kingston and the Islands, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development, announced over $6.9 million in funding for five projects that will bring high-speed Internet to more than 3,455 households in rural Ontario. Funding will be allocated as follows:
  5. The Canadian International Trade Tribunal today found that the dumping of oil country tubular goods, originating in or exported from the United Mexico States, has not caused and is not threatening to cause injury to the domestic industry. Anti-dumping duties will therefore not be collected by the Canada Border Services Agency. The complainants in this case were Evraz Inc. NA Canada, of Regina, Saskatchewan, and Welded Tube of Canada Corp., of Concord, Ontario.
  6. Today, Adam van Koeverden, Member of Parliament for Milton, Ontario, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development, announced $123,400 in funding for two projects that will bring high-speed Internet to 310 households in rural areas near Flamborough and Limehouse, Ontario. Funding will be allocated to Bell Canada as follows:
  7. Saguenay organization will be able to strengthen its capacity for innovation and technology transfer in support of businesses and organizations across Quebec’s regions.
  8. Francis Drouin, Member of Parliament for Glengarry-Prescott-Russell, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development, will announce a federal investment to improve high-speed Internet access in rural regions of Ontario. A media availability will follow.
  9. Prairies Economic Development Canada (PrairiesCan) provides funding of $1.3 million for innovation and job creation.
  10. Today, Marc G. Serré, Member of Parliament for Nickel Belt, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development, announced over $763,000 in funding to bring high-speed Internet to 373 households in Hearst, Ontario.
  11. Marc G. Serré, Member of Parliament for Nickel Belt, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development, will announce a federal investment to improve high-speed Internet access in Hearst, Ontario. A media availability will follow.
  12. The annual Canadian Council of Tourism Ministers meeting (CCTM) was held today, co-chaired by the Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance, and Caroline Proulx, Minister of Tourism of Quebec.
  13. More than $3 million through Prairies Economic Development Canada will support an Energy Transition Centre in downtown Calgary, build entrepreneurship capacity and grow Alberta’s clean technology companies.
  14. Today, the Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a combined investment of nearly $4 million to support the scale-up and growth of two businesses: iS5 Communications Inc. and Crypto4A Technologies Inc. This combined investment will create 45 jobs and maintain more than 90 jobs, as well as leverage nearly $14 million in private sector support to the region.
  15. The Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA, will participate in a virtual event to announce funding to advance the region's growing startup ecosystem.
  16. Federal support for Alberta’s clean technology industry and an innovation hub in downtown Calgary designed to advance the development of clean energy innovations.
  17. The Government of Canada is investing to ensure western Canadian manufacturers have the tools and resources they need to innovate and become more competitive. New digital equipment at the Prairie Agricultural Machinery Institute (PAMI) in Portage la Prairie, Manitoba will help improve product design and performance opportunities for manufacturers while reducing product failure rates.
  18. CED grants a $227,665 financial contribution to the Corporation d’innovation et de développement des Îles-de-la-Madeleine
  19. Canadian cities and towns flourish when they have community public spaces to promote social interaction and physical activity, and provide access to recreational programs and facilities. These amenities are integral to the overall well-being of individuals, families and communities. Our economic recovery is closely linked to the vitality of our local communities and their shared spaces.
  20. Canadian cities and towns flourish when they have community public spaces to promote social interaction and physical activity, and provide access to recreational programs and facilities. These amenities are integral to the overall well-being of individuals, families and communities. Our economic recovery is closely linked to the vitality of our local communities and their shared spaces.
  21. The Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), will make an important announcement supporting digital technologies. The Minister will be joined by Anita Vandenbeld, Member of Parliament for Ottawa West−Nepean, and Iqwinder Gaheer, Member of Parliament for Mississauga−Malton.
  22. The Commission has amended Orano Canada Inc.’s uranium mine and mill licence for its McClean Lake Operation, to allow expansion of the JEB Tailings Management Facility.
  23. Federal Procurement Ombudsman Alexander Jeglic published his 2020-2021 Annual Report, which was tabled in Parliament by the Minister of Public Services and Procurement on December 10, 2021. The report provides an overview of the Office of the Procurement Ombudsman’s activities from April 1, 2020 to March 31, 2021.
  24. CED grants $134,900 in financial support to Baie-Comeau’s Microbrasserie Saint-Pancrace to acquire innovative equipment.
  25. Canada’s Procurement Ombudsman will host the Diversifying the Federal Supply Chain Virtual Summit January 26 and 27, 2022.
  26. The Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship and Member of Parliament for Central Nova will make a virtual announcement regarding support for 12 organizations in Cumberland and Colchester Counties.
  27. That is why today, the Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a non-repayable contribution of over $5.4 million for a collaboration between the National Angel Capital Organization (NACO) and Angel Investors Ontario (AIO) to support entrepreneurs and early-stage businesses and strengthen angel investment in southern Ontario
  28. On November 19, 2021, we announced that as of January 15, 2022, certain categories of travellers who are currently exempt from entry requirements, will only be allowed to enter the country if they are fully vaccinated with one of the vaccines approved for entry into Canada.
  29. Today, the Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a total investment of $8.5 million for four innovative businesses: Equispheres Inc., The Crump Group Inc., Fourmark Manufacturing Inc. and BIG-nano Corporation.
  30. Today, the Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a total investment of $8.5 million to four innovative businesses. This consists of support for the following projects:
  31. Today, the Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), celebrated the first recipients of the My Main Street program at a virtual event hosted by the Economic Developers Council of Ontario (EDCO) and the Canadian Urban Institute (CUI).
  32. Today, the Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario, announced a $500,000 repayable contribution for Zappia Fine Foods Ltd., operating as Via Oliveto Bakery. This funding will allow the company to outfit its new Barrie facility with a leading-edge bakery production line, including a tunnel oven and mixer. With this support, Via Oliveto Bakery will quadruple its production, launch new products such as flatbread pretzels, and secure new contracts with large retailers. The contribution will leverage $1.5 million in private investment.
  33. The Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), will make an important announcement to support the manufacturing sector. The Minister will be joined by the Honourable Anita Anand, Minister of National Defence and Member of Parliament for Oakville; Valerie Bradford, Member of Parliament for Kitchener South–Hespeler; Jenna Sudds, Member of Parliament for Kanata–Carleton; and Shafqat Ali, Member of Parliament for Brampton Centre.
  34. Throughout 2021, ACOA remained focused on the Government of Canada’s commitment to fight COVID-19 and its economic impacts, providing targeted sector support to help the region recover and rebuild a more resilient, inclusive economy for all Atlantic Canadians.
  35. In 2021, between January 1 and December 31, the Government of Canada, through ACOA invested more than $314 million in targeted support to help the region rebuild and recover from COVID-19, stimulate local economies, protect and create jobs, and grow an inclusive and resilient economy for all Atlantic Canadians.
  36. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will announce major funding in support of science and research in Canada. This announcement will highlight the Government of Canada’s recognition that the Canadian academic community is crucial in driving innovation, enriching Canadian society, helping grow our economy and fostering the next generation of leading experts.
  37. Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced a call for proposals for new projects under the Women Entrepreneurship Ecosystem Fund, one of the initiatives of the $6 billion Women Entrepreneurship Strategy (WES). She was joined by the Honourable Marci Ien, Minister for Women and Gender Equality and Youth; Arif Virani, Parliamentary Secretary to the Minister of International Trade, Export Promotion, Small Business and Economic Development; and representatives of organizations that have received WES support, Christine Nakamura, Vice-President of the Asia Pacific Foundation of Canada, and Alida Burke, COO of Growcer.
  38. The Honourable Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), will make an important announcement regarding support for a family-owned manufacturer in Barrie.
  39. The Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, will make an announcement about the Women Entrepreneurship Strategy Ecosystem Fund. The Honourable Marci Ien, Minister for Women and Gender Equality and Youth, and Arif Virani, Parliamentary Secretary to the Minister of International Trade, Export Promotion, Small Business and Economic Development, will also participate in the event. A media availability will follow the announcement.
  40. As Canada and countries around the world respond to the pandemic, key sectors in the economy continue to need more workers to build a strong workforce. This is particularly true in Quebec where the province continues to experience long-standing workforce recruitment challenges.
  41. The Canadian International Trade Tribunal today continued its finding made on March 29, 2016, in inquiry NQ-2015-002, concerning the dumping and subsidizing of carbon and alloy steel line pipe from the People’s Republic of China.
  42. The Canadian International Trade Tribunal today found that the dumping of certain small power transformers originating in or exported from the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, and the Republic of Korea (excluding those goods exported from the Republic of Korea by IEN Hanchang Co., Ltd) has caused material injury to the domestic industry. It also found that the dumping of these goods, originating in or exported from the Republic of Austria, has not caused injury and is not threatening to cause injury to the domestic industry. Anti-dumping duties will therefore be collected by the Canada Border Services Agency. The complainants in this case were Transformateurs Delta Star Inc. of Saint-Jean-sur-Richelieu, Quebec, Northern Transformer Corporation of Maple, Ontario, and PTI Transformers Inc. of Winnipeg, Manitoba.
  43. The Canadian Food Inspection Agency (CFIA) has completed its national survey for potato wart ahead of schedule, and potato wart was not detected.
  44. The Government of Canada is committed to supporting Canadian workers and businesses through the COVID-19 pandemic. Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the federal government’s intention to temporarily expand eligibility for key support programs to ensure Canadians are protected and workers and businesses get the help they need to sustain them through new and necessary public health restrictions.
  45. The Commission has renewed Canadian Nuclear Laboratories’ waste nuclear substance licence for its Port Granby Project for a 1-year period.
  46. On November 12, 2021, in the B.C. Supreme Court in Vancouver, Scott Stanley Matthew Steer — a repeat offender under Canada’s Fisheries Act — was handed a lifetime prohibition against fishing and a prohibition against being onboard a fishing vessel.
  47. Today, the Honourable Dominic LeBlanc and the Honourable Ginette Petitpas Taylor, on behalf of the Honourable Filomena Tassi, Minister of Public Services and Procurement, announced a $23.6-million contract to Diamond Schmitt Architects to deliver design services and a $5.8-million contract to Pomerleau for initial construction management for the redevelopment of the Atlantic Science Enterprise Centre. The construction management contract is expected to be worth just over $300 million as additional work proceeds, which is expected to create and sustain a minimum of 200 jobs that will support the local and surrounding economy.
  48. Canada’s economic prosperity depends on everyone having a fair chance to succeed. For people employed in minimum-wage jobs trying to support themselves and their families, every dollar makes a difference. Whether it be at the grocery store, in their housing payments or simply making ends meet, affected workers will benefit from increased buying power when the minimum wage rises.
  49. Fisheries and Oceans Canada (DFO) supports fishing opportunities for communities, and is firmly committed to the conservation, protection, and regeneration of our marine environment and the lifeforms they sustain. Herring are a forage fish, an important food source to other keystone species like Pacific salmon, and a critical part of the ecosystem on the Pacific coast.
  50. CED grants nearly $380,000 in financial assistance to the Maricourt-based business for its project to expand and acquire digital equipment.