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News
CIBC commits $2B in funding for small- and medium-sized defence-related firms
3+ day, 20+ hour ago (117+ words) CIBC says it is committing $2 billion to support small- and medium-sized businesses in the defence industry and those with dual uses in the civilian sector. The lender says the funding is intended to help Canadian companies scale and strengthen domestic…...
Penticton Chamber of Commerce calls on province to scrap tax expansion as businesses face uncertainty
4+ day, 34+ min ago (275+ words) With the addition of a Provincial Sales Tax on several business services looming next month, the Penticton & Wine Country Chamber of Commerce is calling on the B.C. government to walk back the move. The tax expansion, introduced in Budget 2026, is set…...
Distilleries to bear brunt of U.S. ban on Canadian booze: experts
4+ day, 7+ hour ago (339+ words) Distilleries and spirit makers are likely to be the hardest hit among Canadian alcohol producers as the United States proposes a broad ban on Canadian booze starting later this month. Craig Johnston, chief economist at Farm Credit Canada, says distilleries…...
Enbridge further expands stateside with US$2.55B pipeline and storage deal
4+ day, 22+ hour ago (254+ words) Enbridge Inc. is further expanding its reach into the U.S. market with a US$2.55-billion deal to buy the crude oil business of Tallgrass Energy LP. The acquisition announced Wednesday includes a 75 per cent interest in the Pony Express Pipeline, a…...
Bills to play ‘O Canada’ at home opener amid strained cross-border relations
5+ day, 3+ hour ago (213+ words) BUFFALO — The Buffalo Bills are taking a page out of the Sabres’ playbook when it comes to cross-border relations. The NFL club says both “O Canada” and “The Star-Spangled Banner” will be performed before its Sept. 17 home opener against the…...
A U.S. ban on Bombardier sales could ‘massively’ disrupt American aerospace: analyst
6+ day, 4+ hour ago (178+ words) Analysts say a threatened U.S. ban on Bombardier's business jet sales would damage the American aerospace industry as well as Canada's. As part of a spate of social media posts about Canada on Monday, U.S. President Donald Trump suggested he would bar…...
Saskatchewan tax on American liquor kicks in for retailers amid trade standoff
6+ day, 7+ hour ago (287+ words) Saskatchewan's government is set to slap its retaliatory tax on American booze today amid the ongoing Canada-U.S. trade war. Saskatchewan Premier Scott Moe announced last month his province would implement the 50 per cent fee on American alcohol on the same…...
Bombardier targeted as Canada-U.S. trade war escalates ahead of new tariffs
1+ week, 12+ min ago (574+ words) Rhetoric from the White House ramped up as a deadline for Canada's retaliatory tariffs ticks closer, with President Donald Trump posting on social media Monday that he'll block Bombardier sales in the United States. Quebec-based Bombardier manufactures aircrafts and has…...
Tariffs have some mom-and-pop manufacturers considering move to United States
1+ week, 2+ day ago (862+ words) An Ontario-based Muskoka chair maker hit hard by U.S. tariffs is considering moving the bulk of its manufacturing to the United States, while keeping chairs for the domestic market made in Canada. DFC Woodworks Inc. has been making outdoor wooden patio…...
Ottawa extending gas tax holiday to January
1+ week, 5+ day ago (545+ words) The federal government is extending the suspension of federal fuel excise taxes until the new year to help Canadians feeling the pressure from higher energy costs caused by instability in the Middle East. "For Canada, it means practical relief at…...