Browsing: Business

India and Canada resume talks on trade, defense, critical minerals and more as diplomatic ties are restored through foreign office consultations.

WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.

CMHC reports Toronto housing starts have hit a 30-year low in 2025, driven by a sharp decline in condo construction and stalled project launches.

Ontario will raise its minimum wage to $17.60 per hour starting October 1, 2025, affecting over 900000 workers and tying the increase to inflation.

Canada launches $80M relief for Atlantic businesses as Carney pivots to national resilience amid rising global tariffs and failed U.S. trade talks.

Canada’s trade deficit narrowed to CAD 4.94B in July as exports to the US rose and imports declined, according to new data from Statistics Canada.

Canada has lifted most tariffs on U.S. goods, easing trade tensions and clearing the way for tariff-free imports under the CUSMA trade agreement.

Prime Minister Mark Carney announced the launch of the Major Projects Office on August 29, 2025 in Calgary, establishing a centralized federal body to expedite the development of large-scale infrastructure across Canada. The initiative follows the passage of the Building Canada Act in June and aims to reduce bureaucratic delays that have historically hindered high-impact projects nationwide. The new office, headquartered in Calgary with additional locations across major Canadian cities, is designed to serve as a single point of contact for managing and accelerating nation-building infrastructure initiatives. These projects include ports, railways, energy corridors, critical mineral developments and clean energy systems considered essential to Canada’s long-term…

U.S. whiskey maker Brown-Forman reported a 62% sales decline for Jack Daniel’s in Canada as a result of provincial boycotts targeting American liquor.

Alberta reports a C$6.5B deficit for 2025–26 in its Q1 update, driven by falling oil royalties and rising labor costs, reversing last year’s budget surplus.