Canada Economic and Financial News
Canada finance ministers advance internal trade harmonization talks in Charlottetown
Federal and provincial finance officials are aligning economic priorities as Canada looks to ease cost pressures and strengthen growth in a more uncertain global trade environment. Talks in ...
Ontario Securities Commission case advances in C$5.3 million investment fraud scheme
A securities fraud case tied to a purported mortgage investment business is moving through the Ontario courts after a guilty plea by its former operator. The case centers on nearly C$5.3 million ...
Ontario awards Sault Ste. Marie housing fund payment after surpassing target
Ontario is allocating C$600,000 to Sault Ste. Marie through the third round of the Building Faster Fund after the city exceeded its provincially assigned housing goal in 2025. The payment is tied ...
Ontario awards Belleville housing fund payment as city exceeds 2025 target
Belleville is receiving C$1.24 million from Ontario after surpassing its provincially assigned housing goal for 2025. The payment comes through the third round of the Building Faster Fund and ...
Canada outlines youth skills push to support trades, construction and digital jobs
Canada is setting out a broader workforce plan on World Youth Skills Day 2026 as labour demand grows across housing, infrastructure, defence and technology. The federal government says the effort ...
Terrace secures provincial funding to advance investment attraction plan
Terrace is set to expand its role as a regional service and logistics hub with new provincial backing for a community-led investment initiative. Nearly $80,000 in funding is aimed at helping the ...
B.C. forestry sector faces transition as Canfor closes Prince George pulp mill
British Columbia is moving to cushion the impact of another blow to its forestry base after Canfor says it is closing the Northwood Pulp Mill in Prince George. The shutdown adds pressure on a ...
British Columbia clears Vitreo Minerals silica sand mine near Prince George
British Columbia is advancing a new industrial minerals project after granting an environmental assessment certificate for Vitreo Minerals Ltd.'s Angus silica sand mine north of Prince George. The ...
Prince Rupert workforce campaign secures provincial funding amid major project growth
Prince Rupert is expanding its effort to draw and keep skilled workers as large-scale investment plans raise labour demand across the community. Provincial funding of $240,000 is set to support a ...
British Columbia commits to keep Squamish-100 Mile rail corridor in public ownership
British Columbia says it intends to keep the rail corridor between Squamish and 100 Mile House in public ownership as CN advances the federal discontinuance process. The move preserves a transport ...
British Columbia expands timber program to secure fibre for value-added manufacturers
British Columbia is expanding its Value-Added Manufacturing Program to secure more fibre for businesses that process wood locally and support jobs across the province. The change adds a dedicated ...
Canada finance ministry convenes Charlottetown budget and growth meetings
Canada's finance agenda shifts to Charlottetown on July 14 and 15 as Finance Minister François-Philippe Champagne lines up pre-budget consultations and intergovernmental talks. The meetings focus ...
Canada-U.S. Gordie Howe bridge set to open after Trump drops objections
A long-delayed cross-border infrastructure project between Ontario and Michigan is moving toward launch after months of renewed political friction. The $4.5 billion Gordie Howe International ...
Ontario awards Kingston $3.2 million in housing-linked infrastructure funding
Ontario is allocating $3.2 million to Kingston through the third round of the Building Faster Fund after the city exceeded its provincially assigned housing target in 2025. Kingston started ...
City of Calgary credit ratings affirmed with stable trend
Calgary retains high-grade credit ratings as the city enters 2026 with expectations of continued operating strength and a low debt burden. The assessment points to support from a stable provincial ...
Meta to build Alberta data center as AI infrastructure spending expands in Canada
Meta is extending its artificial intelligence infrastructure buildout into Canada with a large new facility in Alberta. The project marks the company’s first Canadian data center, carries an ...
Big Tech expands Alberta data center push as Calgary Stampede draws U.S. hyperscalers
Canada is drawing more attention from U.S.-based hyperscalers as Alberta promotes itself as a new hub for data center development. That shift is showing up at the Calgary Stampede, where ...
UK Labour leadership strategy faces Trump test as Burnham is urged to confront U.S. pressure
As Labour weighs its next phase after Andy Burnham’s by-election win over Reform UK, the party is being cast as capable of defeating rightwing populism at home while facing a harder diplomatic ...
House panel reviews Northern border security funding and staffing needs
Lawmakers and federal officials are examining whether the Northern border has enough personnel, technology and infrastructure as trafficking routes shift away from the Southwest border. The ...
CDCC launches secured collateral notes program with BMO inaugural subscription
Canada's short-term funding market is adding a new instrument as Canadian Derivatives Clearing Corporation executes the first issuance under its Secured General Collateral Notes program. The debut ...
House Homeland Security panel highlights northern border security gaps
Lawmakers are focusing on the U.S.-Canada frontier as shifting migration and trafficking patterns test enforcement across remote terrain and waterways. A joint House hearing is examining illegal ...
