Standing in the middle of a cafeteria at Global Affairs, Soren Antosz was testing Oscar, a new, high-tech tool popping up in federal government buildings. Antosz holds up a paper napkin. That’s compostable, flashes the message on Oscar’s screen. Next is a plastic bottle. Oscar tells him to empty the liquid then drop it into … Read more
Finance Minister Chrystia Freeland has approved RBC’s $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition. Freeland’s approval was the last hurdle for the deal after the Competition Bureau approved it in September. The minister’s approval comes with conditions on RBC, including that … Read more
A Canadian citizen trapped in Gaza is begging for help as Ottawa announces new measures to help family members of Canadians flee the war zone. Mahmoud Kouta of London, Ont. told CBC News he’s been trapped in Gaza since the current Israel-Hamas war broke out. The air and ground war was launched in response to Hamas’s brutal … Read more
The Montreal-based company that owns and operates adult entertainment websites including Pornhub.com has reached a deferred prosecution agreement with the U.S. Justice Department over its ties to an alleged sex trafficking operation, court records showed. Lawyers for Aylo Holdings, formerly known as MindGeek, are set to appear in Brooklyn federal court later on Thursday for … Read more
The Trudeau government still won’t say if it’s considering imposing sanctions on violent Israeli settlers in the wake of travel bans announced by both the U.S. and the United Kingdom in recent days. The European Union’s foreign policy chief, Josep Borrell, said last week that he will recommend EU sanctions as well. Canada, like its American, British … Read more
With a major deadline to repay a pandemic era loan just over a month away, one small business owner says she’s only now being told she was never eligible for the money in the first place. The Canada Emergency Business Account (CEBA) was introduced at the height of the pandemic to help out small businesses … Read more
Canada’s upstream oil and gas industry and drilling services sector has a “very favourable” outlook for 2024, according to Enserva’s State of the Industry report released on Thursday. Key highlights of the report show that oil prices are expected to remain strong, demand will be robust, export capacity will increase, and investment and drilling activity are set … Read more
The House of Commons special committee studying Canada-China relations is urging the federal government to introduce new measures to prevent Canadian pension funds from investing in Chinese companies implicated in human rights abuses, corruption or threats to national security. The committee’s report, tabled in the House of Commons this week, calls on Ottawa to, in partnership with … Read more
Automakers are set to get a jolt Tuesday when Ottawa unveils its promised electric vehicle regulations. CBC News has learned that Ottawa will release final regulations it says will ensure that all new passenger cars sold in Canada by 2035 are zero-emission vehicles, a senior government source said. The source — who was not authorized to speak publicly — … Read more
The pace of housing starts in Canada fell by 22 per cent in November, the Canada Mortgage and Housing Corp. said Friday. The agency says the monthly seasonally adjusted annual rate of housing starts in November came in at 212,624 units, down from 272,264 in October. A housing start is defined as the beginning of construction work … Read more
