BMO 'leaning into' defence as Ottawa looks to spend more in the sector
BMO is expanding its focus on defence as the government looks to spend more in the sector as part of its broader build Canada agenda.
Daniel Johnson
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BMO 'leaning into' defence more say more about what that means
BMO is expanding its focus on defence as the government looks to spend more in the sector as part of its broader build Canada agenda. Darryl White, BMO Financial Group CEO, said that the lender is "responding to the signal" from Canada's federal government amid commitments to raise defence spending. White said the bank has a long history of operating...
BMO 'leaning into' defence more say more about what that means
BMO is expanding its focus on defence as the government looks to spend more in the sector as part of its broader build Canada agenda.
Open banking swings both ways for big banks on risks and opportunities: experts
As Canada slowly but surely progresses on implementing open banking, what was initially perceived as a risk to the big banks could also present an opportunity for them, experts say.
Key barriers in five industries stalling growth potential, new report argues
Amid Canada's aspirations to be a global economic power, a new report from PwC Canada and the Canadian Chamber of Commerce says barriers in key industries are preventing the country from reaching its full potential.
TSX gains more than 250 points as investors brush off U.S. trade risks
TORONTO -- Canada's main stock index gained more than 250 points on Friday as trade talks between Canada and the U.S. continued, while markets south of the border also gained ground.
How to avoid these common RESP withdrawal mistakes
As the school year approaches, families across the country are getting ready to tap into their registered education savings plans.
Concerns mount among labour groups about Ottawa's review of Canada Labour Code
Labour unions have seized on a federal review of Canada's labour laws to make the case for the right to strike and reaffirm their opposition to government intervention in labour relations.
Arrival of World Cup in Toronto, Vancouver means more chances to pick up side gigs
Canadian soccer fanatics have a chance to experience one of the sport's premier events in person this year as the FIFA World Cup comes to North America. For some people, the tournament also means an opportunity to earn some extra cash.
WSP Global benefitting from government focus on infrastructure projects, says CEO
WSP Global Inc.'s top executive says the company is reaping the benefits from increased spending from governments around the world on large-scale infrastructure projects.
Ottawa's budget promises to spur business investment. Will it?
One expert says she is cautiously optimistic that the latest federal budget will spur business investment in Canada that will support growth and productivity. Prime Minister Mark Carney's first federal budget looks to make Canada's economy a more attractive place to invest, with billions of dollars for infrastructure and new tax opportunities for business.
Ottawa's budget promises to spur business investment. Will it?
One expert says she is cautiously optimistic that the latest federal budget will spur business investment in Canada that will support growth and productivity.
Most Canadian workers support equity efforts despite some backlash: report
A majority of Canadian workers say they view equity, diversity and inclusion favourably, according to a new report, even in the face of some backlash.
'Conflict of interest': experts share concerns of U.S. stakes in Canadian miners
The U.S. government is increasingly taking stakes in publicly traded companies, including Intel and Canadian-based miners Trilogy Metals and Lithium Americas, giving rise to concerns over the potential for conflict of interest issues to surface.
Tariff support, focus on investment on business leaders' federal budget wish lists
Business leaders have a wide-ranging wish list for the upcoming federal budget in the hopes Prime Minister Mark Carney's government addresses everything from the country's investment environment to tax relief and improved access to capital. While Canada's industrialists note that the government will have to make trade-offs with what it can fund, some say support for businesses can help improve...
Tariff support, focus on investment on business leaders' federal budget wish lists
Business leaders have a wide-ranging wish list for the upcoming federal budget in the hopes Prime Minister Mark Carney's government addresses everything from the country's investment environment to tax relief and improved access to capital.
Political aims, critical minerals strategy key to review of Teck-Anglo deal: experts
Political considerations and critical minerals strategy will be top of mind for Ottawa as it considers whether to approve a planned tie-up between Canada's Teck Resources Ltd. and U.K.-based Anglo American PLC.
S&P/TSX composite finishes over 130 points higher amid U.S., Canadian jobs data
TORONTO -- Strength in the basic materials sector helped Canada's main stock index finish more than 130 points higher on Friday, while U.S. markets were down and investors pored over employment data from both sides of the border.
Toronto traffic, transit congestion likely to worsen with in-office mandates: experts
TORONTO -- Greater Toronto commuters are likely bracing for traffic and transit congestion to worsen over the coming months as a number of major employers get ready to increase in-office days.
Duty-free shops facing 'full-blown crisis' with no relief in sight
John Slipp took over his father's duty-free store in 1994, which had been started more than a decade earlier. This month, he closed the Woodstock Duty Free Shop Inc. as lower traffic at the U.S.-Canada border dealt the final blow to a business already weakened by the COVID-19 pandemic. Now, at 59, Slipp says he will have to find another...
Duty-free shops facing 'full-blown crisis' with no relief in sight
John Slipp took over his father's duty-free store in 1994, which had been started more than a decade earlier.
How Canada can better attract tech talent as calls to build domestic industry grow
With a fresh wave of patriotic calls for Canada to scale its domestic tech sector, industry players say there are opportunities to better attract and retain homegrown talent and knock down barriers that are preventing companies from growing.
The calls are growing for action on energy. But what’s the next step for Canada?
As the threat of tariffs hangs over the economy, industry players say expanding Canada’s energy sector and diversifying its customer base could provide greater economic security. Given that Canada sends the majority of its fossil fuels to the U.S., there are concerns among experts that revenue streams are highly exposed to one country, where the economy could be negatively affected...