Five Canadian business stories to watch this week
Bombardier’s no good, very bad week: After having its CSeries jets slapped with a 219 per cent duty by the U.S. Commerce Department on Tuesday,
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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.
Stop the presses? Newspapers snubbed in Liberal government’s cultural policy
The Canadian government’s new cultural strategy all but snubs so-called legacy media, industry experts say, and left out some key measures that could have given
Morneau talks of ‘technical fixes’ to reassure farmers over tax proposals
Finance Minister Bill Morneau tried to reassure farmers Thursday that Ottawa’s controversial tax proposals, if introduced, wouldn’t impair their ability to bequeath the family farm
Metro says it’s in talks with Jean Coutu about possible merger
Another Canadian grocery store and pharmacy chain conglomerate could be on the horizon as Metro Inc. and Jean Coutu Group are “engaged in exclusive discussions”
Netflix to invest in Canadian programs as part of feds’ new cultural plan
An agreement that Netflix will invest at least $500 million in original productions in Canada is set to be part of a long-awaited reboot of
WestJet names new carrier Swoop, says ticket orders will begin in early 2018
WestJet says that its new no-frills, lower-fare airline will be named Swoop. The Calgary-based company (TSX:WJA) has been gradually revealing details of its new carrier
The $15 minimum wage could cost Ontario up to 90,000 jobs: TD Bank
Ontario’s plan to hike minimum wage to $15 an hour will cost the province’s economy as many as 90,000 jobs by 2020, according to a
Bombardier takes hits on U.S. Department of Commerce decision, merger of European rivals
Bombardier’s hopes for breaking into the U.S. commercial aviation market took a massive blow on Tuesday, as the U.S. Department of Commerce proposed a hefty
Trudeau urges Canadian companies to seek fortune in China’s $5 trillion market
Prime Minister Justin Trudeau called on Canada’s small-and-medium sized businesses to embrace globalization and help deepen what he termed the “Canada-China friendship” by exploring the
Reports say ride sharing service Uber could stop operations in Quebec, possibly today
Published reports say ride-hailing company Uber could be about to cease operations in Quebec. Reports in Montreal La Presse and the Journal de Montreal say
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