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business
Federal government posts $7.3B deficit between April and July
OTTAWA - The federal government's deficit has grown to $7.3 billion so far this fiscal year. The Finance Department's latest fiscal monitor says the deficit between April and July compares with a $1.2...
The Canadian Press
Sep 27, 2024
Revenues during the four-month period increased by $14.9 billion, or 10.2 per cent, from April to July 2023. (The Canadian Press)
Statistics Canada reports real GDP grew 0.2% in July
OTTAWA - Statistics Canada says real gross domestic product grew 0.2 per cent in July, following essentially no change in June, helped by strength in the retail trade sector. The agency says the growt...
The Canadian Press
Sep 27, 2024
B.C. company sanctioned by U.S. Treasury Department wants Health Canada licences back
VANCOUVER - A chemical firm based in Port Coquitlam, B.C., claims Health Canada wrongfully cancelled its licences to make natural health products after being sanctioned by the U.S. Treasury Department...
The Canadian Press
Sep 27, 2024
AI code signatories happy with decision but want more company
TORONTO - One year after Canada launched a voluntary code of conduct on artificial intelligence, tech organizations that signed on say they don't regret the decision but wouldn't mind some more compan...
The Canadian Press
Sep 27, 2024
Nova Scotia government defends funding offer rejected by wine industry
HALIFAX - An offer of additional financial aid to Nova Scotia's wine industry is still on the table despite being rejected by grape growers earlier this week, say provincial officials. During a briefi...
The Canadian Press
Sep 26, 2024
O&T Farms says $10M plant expansion will grow grain market in Sask.
Oleet Processing and its parent company O&T Farms announced a $10 million expansion at their plant northwest of Regina. The company says it will translate into new jobs and a bigger grain market f...
CKOM News
Sep 26, 2024
Trudeau, Macron meet in Ottawa as trade deal challenges continue
OTTAWA - French President Emmanuel Macron is in Canada for a brief visit to Ottawa and Montreal. Macron arrived last night from New York and had an informal dinner at Prime Minister Justin Trudeau's h...
The Canadian Press
Sep 26, 2024
National Bank receives Competition Bureau clearance for deal to buy CWB
MONTREAL - National Bank of Canada has cleared a key regulatory hurdle in its proposed acquisition of Canadian Western Bank. The Montreal-based bank said Thursday it has received the Competition Burea...
The Canadian Press
Sep 26, 2024
Visual effects, animation studios unite to convince Quebec for better tax deal
MONTREAL - Visual effects and animation companies are uniting to strike a better deal with the Quebec government after it implemented tax changes that some firms say will cost them nearly two-thirds o...
The Canadian Press
Sep 26, 2024
Rising prices pinch B.C. households. Political parties feel the pressure, too
VANCOUVER - In the seven years since the NDP came to power in British Columbia, food prices have jumped by almost 30 per cent. Rent and transport costs are up by about a quarter, while the cost of fil...
The Canadian Press
Sep 26, 2024
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