Aecon deal nixed over fears about Chinese access to data on key infrastructure
The federal government rejected the Chinese takeover of a Toronto-based construction firm on national security grounds because it would have given Beijing access to a
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Canada blocks Aecon takeover by Chinese state-owned firm over national security
The federal government has blocked the proposed $1.5-billion takeover of Aecon Group Inc. by a Chinese state-owned company for reasons of national security. After markets
For the first time in 226 years, woman to lead the NYSE
The New York Stock Exchange for the first time in its 226-year history will be led by a woman. Stacey Cunningham, who started her career
Feds spending millions of dollars on Facebook ads, boosted posts
The government of Canada has been increasing its use of paid Facebook advertisements over the last three years, spending tens of millions of dollars on
CIBC’s net income up nearly 25%
CIBC reported better-than-expected results for its second quarter with a nearly 25 per cent increase in net income compared with a year ago. The lender
Experts concerned about global rise of facial recognition technology
Based on recent announcements by the likes of Facebook, Live Nation and a U.K. police force, Canadians may need to get used to the idea
Five Canadian business stories to watch this week
What’s next for NAFTA? Negotiators for Canada, Mexico and the U.S. are under the gun to make headway on a new NAFTA deal after passing
Prices at the pump headed higher as long weekend brings out Canadian drivers
Motorists in many parts of Canada are expected to see rising gasoline prices as they fire up their vehicles for road adventures on the Victoria
Major U.S. investors keeping eye on Canada as Trudeau pushes trade in Manhattan
Prime Minister Justin Trudeau will work the room at a business luncheon in Manhattan today on the merits of free trade and global economic co-operation,
BlackBerrys accounted for only 3% of smartphones used in Canada at end of 2017
Somewhat reluctantly, Athar Afzal finally gave up on BlackBerry earlier this year. He was a longtime fan of the iconic Canadian phone brand but his
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