Five Canadian business stories to watch this week
Trudeau hits the road: The prime minister heads to Washington Tuesday to discuss security and trade with U.S. President Donald Trump, then continues on to
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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.
Feds underestimated, ignored issues with Phoenix before rollout: Ottawa firm’s review
A critical report about the federal government’s problem-plagued pay system says officials underestimated the project’s complexity and seemed to ignore warning signs before giving it
Technology companies clash on cross border flow of digital data under NAFTA
Some Canadian information technology companies are pushing back at warnings that the personal information of Canadians is being compromised in the renegotiation of the North
TransCanada cancels Energy East pipeline project
TransCanada has cancelled plans for the Energy East pipeline and Eastern Mainline projects that were to take Alberta oilsands production to Quebec and New Brunswick.
Sears Canada assessing revised bid, receives creditor protection extension
Sears Canada has just over a week to assess another revised bid from a buyer group led by its executive chairman as its lenders press
TD to open cybersecurity office in Tel Aviv, plans to spend up to $5M
Toronto-Dominion Bank is opening a new office in Tel Aviv to tap Israel’s cybersecurity talent as companies of all stripes race to fortify their defences
CMHC looks to Airbnb in bid to boost withering supply of affordable rental units
Canada’s housing agency is looking to an unlikely ally in a bid to boost the stock of affordable rental housing: Airbnb. The head of the
Feds receive more warnings over tax proposals as public consultation closes
With its public outreach winding down, the Trudeau government received fresh warnings this week from major industry associations about the negative fallout from its controversial
RioCan to sell 100 properties worth about $2B over two to three years
Canada’s largest real-estate trust says it’s planning to sell about $2 billion worth of properties – primarily open-air malls or power centres – in secondary
Canada needs to nurture local tech champions and protect research, says AI pioneer
Some of the biggest names in tech are lining up to join Canada’s burgeoning artificial intelligence sector, but harnessing the sector’s full potential depends on
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