March wholesale, retail sales lower in most sectors: Statistics Canada
Poorer than expected retail and wholesale sales in March have sent the Canadian dollar to its lowest level in six weeks. Retail sales were down 1 per cent in March, […]
Cap and trade law passes in Ontario, carbon pricing set to begin
Ontario took a major step toward reducing its carbon emissions when lawmakers passed the government’s cap and trade legislation today, a key component of its climate change strategy. According to […]
Canadian work in composite materials honoured with innovation awards
Two Canadian companies have been honoured for innovations in the area of composite materials for industry. The JEC Americas Innovation Awards were given at the recent JEC Americas Composites Show […]
Canadian high school student wins top prize at Intel International Science Fair
A Canadian high school student from Vancouver has taken the top prize, worth $75,000, at the 2016 Intel International Science and Engineering Fair in Phoenix, Arizona. Han Jie (Austin) Wang, […]
Drone use by business set to explode, worth $127B by 2020: PwC
The adoption of drone technologies by businesses, which is just beginning to help them create new business and operating models, is about to explode, says a report from PriceWaterhouseCoopers (PwC). […]
Oil drags capital spending down, though some bright spots remain: Statistics Canada
The severity of the decline in the oil and gas industry in Canada, and not only in Alberta, is made clear in Statistics Canada’s just-released report on businesses’ spending intentions […]
Utility offers customers Tesla Powerwalls as home energy storage market heats up
Early adopters have begun buying or leasing Tesla Energy’s new home energy storage systems. Green Mountain Power (GMP), a Vermont utility, announced that it has begun installing the 6.4 kilowatt […]
Forestry industry pledges 13 per cent CO2 reduction to fight climate change
The forest products industry has pledged to do its part to help Canada meet its carbon emissions targets under the recently ratified Paris agreement. Canada has promised to reduce greenhouse […]
Bombardier promises to deal with Toronto’s streetcars, while CSeries sales take off
It seems that being the world’s leading manufacturer of trains and planes means having twice as many opportunities for growth, and twice as many opportunities for problems. Bombardier’s long-simmering problem […]
Ontario exports to lead country in 2016, mainly on demand for cars and parts
Exports of Ontario-made vehicles and parts will lead the growth in the province’s exports in 2016 with 10 per cent growth, according to Export Development Canada (EDC). High demand in […]
Canada adopts ISO 20022 international electronic payment standard
The Canadian Payments Association (CPA), which provides the infrastructure for the country’s financial system, announced today that Canada has adopted ISO 20022, the global standard for electronic payment messaging. Doing […]
Canada’s start-ups need more help to become global players: OCC
Canadians do a good job of creating new businesses, but we don’t do so well at growing them. With help from governments, educational institutions and others, Canada’s entrepreneurs have been […]
