CIT Bank News
Ontario backs Niagara District Airport expansion with nearly $10 million
Ontario is investing nearly $10 million to advance an expansion of Niagara District Airport as part of a broader push to strengthen transport links in the tourism-driven region. The funding ...
Canada agriculture ministers set Halifax framework for next farm policy
Canada’s federal, provincial and territorial agriculture ministers conclude their annual meeting in Halifax with a new statement meant to guide the next national farm policy framework. The talks ...
Canada highlights housing and infrastructure agenda at U.N. sustainable development forum
Canada is using this week’s U.N. High-Level Political Forum on Sustainable Development to promote its domestic housing, infrastructure and social policy priorities within the broader 2030 ...
Trump threatens new Canada tariffs over wildfire smoke spilling into U.S.
Wildfire smoke from northern Canada is worsening air quality across major U.S. cities and is adding pressure to an already strained trade relationship between Washington and Ottawa. Donald Trump ...
Canada environment ministers deepen cooperation on clean economy and emissions cuts
Federal, provincial and territorial environment ministers meet in Calgary on July 14 and 15 to align on emissions reduction and clean economy priorities across Canada. The discussions center on ...
Canada backs Surrey water infrastructure to support housing growth
Canada is expanding infrastructure spending through its Build Communities Strong Fund as housing growth puts pressure on core municipal services. In Surrey, the federal government is committing up ...
Canada backs St. John's metro businesses to modernize operations and expand market reach
Federal support is being directed to businesses in Newfoundland and Labrador as firms across Atlantic Canada work to improve productivity and strengthen supply chains in a shifting global economy. ...
Quebec and Ottawa fund Port de Havre-Saint-Pierre upgrade with C$910,309
A joint federal and provincial investment is backing the modernization of the Portail Pélagie-Cormier at the Port de Havre-Saint-Pierre, a tourism and business reception hub in Quebec's Minganie ...
North Dundas secures federal funding for water network upgrades
Canada is expanding infrastructure spending aimed at housing growth and community resilience through its Build Communities Strong Fund. In North Dundas, nearly $8.5 million in federal support is ...
Canada, Mexico ministers to advance trade and investment agenda in Ottawa
Canada is hosting Mexico's foreign secretary in Ottawa on July 17 as the two countries push forward bilateral priorities under their action plan. The visit comes after a large Mexican trade ...
British Columbia backs Nakusp Hot Springs growth planning with nearly U.S.$86,000
Tourism growth planning at Nakusp Hot Springs is moving ahead as British Columbia funds early-stage work tied to visitor capacity and local infrastructure. The support is aimed at helping the ...
Canada tightens FINTRAC compliance focus on DPRK-linked transactions after FATF action
Canada’s anti-money laundering oversight is intensifying after updated Financial Action Task Force statements on high-risk jurisdictions highlighted continued risks tied to the Democratic ...
Canada earns top CFIB grade for internal trade reforms
Amid economic uncertainty and shifting global trade relationships, Canada is intensifying efforts to strengthen domestic commerce by reducing barriers between provinces and territories. The latest ...
Canada boosts skills training support for youth and persons with disabilities
Canada is expanding targeted employment support as it seeks to reduce barriers that keep some groups from fully participating in the labour market. New federal funding to MH Enterprises combines ...
Ontario tobacco enforcement seizes more than 7.9 million unmarked cigarettes
Ontario is intensifying tobacco tax enforcement after a series of seizures across several cities in 2026. The actions span Brantford, Toronto, Hamilton, Mississauga, Scarborough and Oakville, and ...
Robinhood cuts workforce as restructuring charges reach $28 million
Robinhood is reducing about 10% of its workforce as it reshapes management layers and pushes for faster product execution. The company says the move is proactive and comes while it continues ...
Canada seeks to deepen EU ties as Carney balances U.S. trade dependence
Canada is trying to widen its geopolitical and economic options as pressure grows on middle powers to avoid overreliance on any single bloc. Prime Minister Mark Carney is pursuing closer links ...
Canada trade stance softens as U.S. envoy backs USMCA renewal push
Canada is trying to preserve its trade framework with the U.S. as political leaders in Ottawa shift to a more conciliatory tone toward President Donald Trump. The change comes ahead of a July 1 ...
