Altria is the latest of a large group of tobacco and alcohol companies racing to get a piece of the cannabis market.
The money will flow to jurisdictions with more attractive policies.
Announcement comes as fears are escalating of an all-out trade war between US and China over tariffs.
Raises the possibility the two sides could work toward a negotiated end to punishing tariffs.
Initiatives aimed at boosting G7 countries’ economic future come amid the trade turmoil.
Federal government and Ontario each pitching in $110 million.
Could reduce domestic investment up to $114 billion from 2019 to 2030.
Notley warns of retaliation if BC’s obstruction of the pipeline continues.
Issue is of particular concern for an economy that runs on exports of automobiles and machinery.
But traditional aid agencies say investors won’t have the stomach to invest in war-torn, disaster-ridden countries.
Investments will be made over five years; Trudeau claims at least 5,000 jobs to come.
Bank of Canada warns NAFTA uncertainty and the tax reforms would encourage firms to divert investment to the US.
Glass company plans $450 million investment in an Ontario plant that would create 400 jobs.
Private and international investors have lost confidence; not a competitive place to do business.
Red tape, several policy moves increase the cost of doing business.