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Economy

News Government Manufacturing Economy General
November 23, 2020  

Federal rent subsidy program for businesses hurt by COVID-19 begins

Will cover up to 65% of rent or commercial mortgage interest, extra 25% for hardest hit.

News Government Manufacturing Economy General
November 23, 2020  

Canada, Britain beat Brexit with new trade deal, incorporates EU pact

Placeholder agreement buys the trading partners another year to reach a more comprehensive pact.

News Government Manufacturing Economy General
November 23, 2020  

Canada’s labour unions could play big role averting ‘Buy American’ rules

Biden plans to ensure US workers and companies are first in line to reap the benefits of his economic recovery plan.

News Manufacturing Economy General Sustainability
November 20, 2020  

Trudeau to tout climate and trade at Asia-Pacific economic summit

…but Canada’s tensions with China and the US-China dispute threaten to overshadow the meeting.

News Government Manufacturing Economy General
November 19, 2020  

Canada-Britain trade talks in final stages as tariff deadline looms

Would prevent tariffs on Canadian products from seafood to steaks and autos.

News Government Economy General
November 19, 2020  

Spending restraints shouldn’t be jettisoned because of pandemic

Former budget watchdog says government should move away from spending to stimulate the economy as conditions improve.

News Manufacturing Economy General
November 18, 2020  

SMEs certain about uncertainty, but confident: Amex

Cash flow remains pressing threat for companies despite optimism.

News Manufacturing Economy General
November 17, 2020  

Wholesale sales rose 0.9% in September: Statistics Canada

Sales in the food, beverage and tobacco subsector increased 3.6% to $12.4 billion, highest increase since March.

News Government Manufacturing Economy General
November 17, 2020  

Government contracts for US companies only: Biden

Buy American plan includes a specialized office within the White House to enforce and oversee measures.

News Manufacturing Economy General
November 16, 2020  

ASEAN, China, other partners sign world’s biggest trade pact

Accord will take already low tariffs on trade between member countries still lower, over time, and is less comprehensive than CPTPP.

News Government Economy General
November 13, 2020  

China congratulates Biden, but few US policy changes seen

Widespread frustration with Beijing’s trade and human rights record and accusations of spying and technology theft.

News Government Economy General
November 13, 2020  

Pandemic spending leaves Quebec with $15B deficit for fiscal 2020-2021

Economic update predicts $30 billion in deficit spending over three years to manage the effects of the pandemic.

News Government Manufacturing Economy General
November 13, 2020  

USMCA makes working class Americans integral to future US trade policy

Biden will be focused on ensuring domestic investments, procurement efforts and tax policy generate benefits for those left behind by the global economy.

News Government Economy General
November 12, 2020  

Senators set to question Freeland on rent relief, business aid bill

C-9 would extend the federal wage subsidy until next summer, cancelling a previously planned reduction.

News Automotive Manufacturing Economy General
November 12, 2020  

Martinrea says recent union deals could boost Canadian manufacturing

$5 billion-worth of investments announced this fall offers auto parts suppliers work to win.

News Government Manufacturing Economy General
November 11, 2020  

Trudeau expects trade deal with UK can be done before 2021

Says a deal should be relatively straightforward to manage even as the UK lurches toward its official exit from the EU.

News Government Manufacturing Economy General
November 11, 2020  

Extra income for hard hit workers may not last post-pandemic: PM

Government is watching to see how things play out before deciding on its next move.

News Government Manufacturing Economy General
November 11, 2020  

Bidenomics: More stimulus, tougher regulation, and gridlock

Biden’s view of most economists: until the virus is controlled, the economy cannot fully recover.

News Government Manufacturing Economy General Production
November 10, 2020  

FedDev Ontario provides $6M for Windsor-Essex manufacturers

Funding is also leveraging more than $22.4 million in additional investments in the region.

News Automotive Government Manufacturing Economy General
November 10, 2020  

Federal government still working on investments in Fiat Chrysler, GM

Open to working with other automakers who submit plans to increase their footprints in Canad

News Energy Government Manufacturing Oil & Gas Economy General
November 10, 2020  

Biden win bad news for Keystone XL, but new relationship with Canada

Better aligned with Canada’s federal stance on climate change, could make Canadian companies more competitive with their US peers.

News Government Manufacturing Economy General
November 10, 2020  

Trudeau first leader to talk to US president-elect Joe Biden

They discussed COVID-19, climate change, fighting anti-Black racism and China’s detention of the two Michaels.

News Government Manufacturing Economy General
November 6, 2020  

Freeland grilled over cost of pandemic aid, House fast-tracks rent relief bill

Finance minister refused to provide any new numbers about the size of this year’s deficit.

News Government Manufacturing Economy General
November 6, 2020  

Alberta auditor general flags $1.6B in government accounting blunders

Says the errors have been or are being corrected by the United Conservative government.

News Government Manufacturing Economy General
November 5, 2020  

Ford government to present first pandemic budget, next steps for recovery

Will include a new standard for long-term care: nursing home residents receive an average of four hours of direct care daily.

News Government Manufacturing Economy General
November 5, 2020  

Feds invest $100M to spur job creation in Alberta and fight climate change

Programs will support industry, farmers, Indigenous people, researchers, small businesses and families to reduce emissions.

Insight Government Manufacturing Economy General
November 3, 2020  

Canada’s drifting fiscal ship needs an anchor

The bottom line is clear: there has to be some limit to borrowing

Feature Automotive Manufacturing Economy General
November 3, 2020  

Canada’s auto industry: Investment has slowed, electric vehicles beckon

There are challenges for the Canadian industry to overcome but also opportunities.

News Government Manufacturing Economy General
November 3, 2020  

China tightens restrictions on Australian exports of timber, barley

Authorities also are delaying clearance for a $1.4 million shipment of live lobsters.

News Manufacturing Economy General
November 3, 2020  

Pandemic pushes some Canadian companies to thrive, others to fail

Experts suggest the secret to resiliency could lie in the company’s overall attitude to innovation and technology adoption.

News Manufacturing Economy General
November 3, 2020  

Strong manufacturing growth maintained in October: IHS PMI

Output levels increase at fastest rate in over two years, but sharpest rise in costs since November 2018 backlogs.

News Aerospace Manufacturing Economy General
November 3, 2020  

Quebec aerospace sector seeks federal financial boost

Looking for COVID help, report suggests investing in research and development projects