Browsing: Business

Nova Scotia is investing $250,000 in MB Meat Company, a new beef processing facility in Judique, Inverness County. The province said the site is Cape Breton’s only provincially inspected beef abattoir. The facility provides custom slaughter and cut-and-wrap services for

The Canadian dollar weakened to a 14-month low against the U.S. dollar on Friday, bringing it close to the 70 U.S. cent mark after a sharp week of losses. The loonie traded at 1.4180 per U.S. dollar, or 70.52 U.S.

Canada imposed a 10% tariff on imported canned vegetables on June 19. The measure applies for up to 200 days. It covers canned vegetable imports from most countries but excludes the United States. Mexico, Israel, Chile and developing countries also

Canada unveiled a national electricity strategy on Thursday aimed at doubling the capacity of its power grid by 2050, a buildout the government said would require more than C$1 trillion in investment as rising demand from industry, data centres, electric

QUEBEC: Quebec Finance Minister Eric Girard on March 18 tabled a 2026-27 budget that projects an C$8.6 billion deficit and keeps the province’s pledge to return to a balanced budget by 2029-30, setting out a slower deficit reduction path while

OTTAWA: Canada lost 84,000 jobs in February, the largest monthly decline in employment in nearly 17 years outside pandemic disruptions, while the unemployment rate rose to 6.7% from 6.5% in January, according to Statistics Canada’s Labour Force Survey released Friday.

OTTAWA: Canada has reached an agreement with Mexico’s Servicio Nacional de Sanidad, Inocuidad y Calidad Agroalimentaria that will allow shipments of Canadian fresh potatoes for consumption or processing to enter the Mexican market, opening a new export channel for a

OTTAWA: Canada’s steel sector is set to receive C$70 million in retraining and employment support as the federal government moves to cushion workers from tariff-related disruption that hit the industry in 2025 and continues to shape labour policy in 2026.

NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said

TORONTO: Canadians now say they need about C$1.7 million to retire comfortably, while a growing share doubt they will reach that mark, according to Bank of Montreal’s latest annual retirement survey released Feb. 24. The survey put the average retirement