Retail, banking & tech sectors driving holistic web protection market
Market expected to reach US$3.63 billion by 2025 from US$1.93 billion in 2020
Federal pay equity commissioner reappointed, but new law not in force
On average in Canada, women earn 12% less than men
Liberals turn over thousands of pages on WE decision
The Liberals handed more than 5,000 pages about the decision to the committee over the weekend
Rent relief program becomes new front in fight between Liberals, opposition
Opposition parties are trying to draw parallels between the decision to have the Canada Mortgage and Housing Corp. run the program and the WE controversy
Opposition hoping for answers in government documents about WE Charity deal
The feds have until Aug. 8 to table with the Commons finance committee all documents related to the now-cancelled agreement
Feds earmark $3.3B for provinces, territories for COVID-19 infrastructure
The feds are envisioning the money will be used to retrofit schools, hospitals and long-term care facilities to better limit the spread of COVID-19
Feds invest $98M for the minerals and metals sector
The feds are supporting the Geo-mapping for Energy and Minerals program and the Targeted Geoscience Initiative
Feds announces $3M to support B.C. tech companies
Up to 2,500 innovation firms will benefit and the funding is expected to support about 1,000 jobs
WE sponsored travel for donors not the norm for other charities: experts
Morneau told the House of Commons finance committee last week he had freshly repaid WE Charity more than $41,000
Senate approves bill on wage subsidy, disability payments for COVID-19
Bill C-20 passed on a voice vote without changes
Tesla makes US$104M profit in 2Q despite factory shutdown
Picked a site for its second US assembly plant, although the location wasn’t released.
Transform CERB into a basic annual income program for better Canada
A basic income program is necessary, but not sufficient, for a complete economic safety net, researchers suggest
Reviewing COVID-19 aid to prep for potential second wave: Trudeau [UPDATED]
The latest federal figures show direct spending at just over $174 billion.
Leverage government programs to achieve strategic growth objectives
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Ottawa to give $46 million to Quebec, Atlantic provinces to help boost tourism
Most of the funding for Atlantic Canada is coming from money already in the federal budget
$500 a week COVID-19 benefit to be extended eight weeks: PM
Government will look at international best practices to determine what further changes will be needed.
Significant changes to wage subsidy and CERB programs required: CFIB
Small business owners face significant barriers hiring or recalling staff as they return to work.
New AG says office narrowing focus on federal COVID-19 programs
Will be on how prepared federal officials were for the pandemic, as well as key parts of the federal response.
Feds want equity or cash from companies applying for COVID-19 loan
Terms are designed to make sure companies using the program receive bridge loans, not bailouts.
More financial support for businesses navigating COVID-19 crisis
Expanded Business Credit Availability Program supported by Export Development Canada.
Manufacturers plan for uncertain cash flow in 2020
… but 30% of SME survey respondents had challenges with managing cash flow.
Manufacturers plan for uncertain cash flow in 2020: survey
Rising costs and currency fluctuations, getting paid on time identified as top concerns.
Tesla stock is soaring. Madness or visionary investing?
Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year
Brookfield unit leads investment in Brazilian heavy equipment manager Ouro Verde
Total value of deal is US$170 million. Transaction expected to close by year end.
Bank of Canada widely expected to get back on its rate hiking path
Bank of Canada governor Stephen Poloz hasn’t touched the rate since he increased it in January, a move that followed increases last year in September and July.
Statistics Canada says the pace of economic growth slowed in first quarter
Economy grew at annualized pace of 1.3 per cent in Q1 2018, compared to 1.7 per cent in Q4 2017.
Feds bolster BDC’s ability to provide more capital to clean tech companies
Funding will allow the bank to take on more risk so high-potential clean tech firms can expand and hire additional staff.
BDC Capital commits $250M in growth equity for smaller firms
Directed at businesses across Canada that have at least $5 million to $10 million in revenue.
BDC announces $280M in financing to support Atlantic SMEs
Canadian companies having trouble obtaining financing for investment projects.
EDC launches new online credit insurance
Trade Protect allows small companies to insure their foreign sales in minutes.
Crowdfunding turns Canadian firms into booming international businesses
The platform is becoming an increasingly real growth strategy.
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