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’ carbon pricing law constitutional, Ontario’s top court rules

The federal government's carbon pricing scheme is constitutionally sound and has the critical purpose of fighting climate change, Ontario's top court ruled in a split decision on Friday

Air Canada reaches deal for Transat, but shareholder approval up in the air

The board of directors of Transat AT Inc. has approved a $520-million takeover offer by Air Canada, a deal that faces legal and regulatory scrutiny along with resistance from Transat shareholders

Bombardier to sell regional jet business to Mitsubishi as it narrows its focus

Bombardier Inc. has reached a deal to sell its floundering regional jet program to Mitsubishi Heavy Industries Ltd. for US$550M

Five Canadian business stories to watch this week

Earnings from BlackBerry and Farm Boy's new parent company are due up this week in Canadian business

Trans Mountain pipeline expansion gets second green light from feds

Trudeau says construction will restart this construction season, but there is no specific date yet

Five Canadian business stories to watch this week

Shopify's annual conference and earnings from Canopy Growth are among the stories to watch this week

Pot edibles, topicals and extracts to hit shelves no earlier than mid December

The federal government says a "limited selection" of edibles and other next-generation cannabis products will hit retail shelves no earlier than mid-December 2019

Canada well positioned to benefit from non-meat alternatives: Beyond Meat founder

The transition from animal meat to plant-based alternatives will unleash a new era of agricultural productivity and Canada is well-positioned to benefit, experts say