Category Archives: Canadian economy

Federal Government Backed Volunteer-Led Effort Promotes Canadian Start-Ups

4 comments

Startup Canada, an entrepreneur-led government-backed non-profit organization, announced its action plan for increasing entrepreneurship in the country on Tuesday. The organization unveiled blueprints of a national network to support and connect entrepreneurial communities and a media campaign to create a strong entrepreneurial culture in Canada. The action plan is the product of the Start-Up Canada National Tour which took the […]

Read more

Canadian Farmers Income Increased by 53% in 2011

Leave a comment

Canadian farm income increased by 53 percent in 2011 from 2010 according to Statistics Canada. Realized net income, meaning farm income after operating expenses and depreciation, amounted to $5.7 billion last year, with farmers making gains despite a large increase in costs. The 2011 gains follow a 19 percent increase in income in 2010 and a 19.6 percent decline in […]

Read more

Canada and EU Working Toward Free Trade Agreement

Leave a comment

Canada and the EU are close to finalizing a Free Trade Agreement (FTA) that would be the EU’s first with a G7 country. Canadian Trade Minister Ed Fast is meeting his EU counterpart in Brussels in talks this week to negotiate an agreement on the remaining issues. Among the areas where differences still exist between the parties are agriculture market […]

Read more

Canadian Government Developing a Digital Dollar

One comment

The Royal Canadian Mint, a Crown Corporation responsible for minting Canada’s coins, is developing a digital version of the Canadian dollar that it hopes will make digital transactions as easy as cash-based ones. The technology being developed is called MintChip, and the Mint is describing it as the ‘evolution of currency’. It relies on public-key cryptography and tamper-proof hardware to […]

Read more

Immigrating to Canada to Escape American Election Results

Leave a comment

When Americans look for a country to flee to in the event of their favoured candidate losing the presidential elections, they inevitably look to Canada, their (mostly) English speaking cousin to the North. For the past three decades, it has been predominantly supporters of Democratic candidates that have made the immigration ultimatum, as Canada has been perceived to align with […]

Read more

Canadian Non-Partisan Think Tank Finds Oil Sands Greatly Benefit Country’s Economy

One comment

The Conference Board of Canada (CBoC), the largest non-partisan think tank in Canada, has published a study today showing that development of northern Alberta’s Athabasca oil sands will create over 3.2 million person-years of employment in Canada over the next 25 years, a third of them in provinces other than Alberta. The CBoC report projects $364 billion in investment will be […]

Read more

Canada Ranks 17th in ‘Ease of Doing Business’, Shines in ‘Starting a Business’ Category

Leave a comment

Canada ranks as the 17th easiest place in the world to do business in a report released on Tuesday by the World Bank. The 2013 edition of the Doing Business report rates 185 countries according to 11 sets of indicators that quantify the ease of complying with regulations and the protection of property ownership rights. Canada’s overall ranking was weighed […]

Read more

Report Says Canadian Health Care “Like a Ponzi Scheme”

Leave a comment

A report released by a public research university says Canada’s pay-as-you-go health care system will, in its current form, take money from younger generations to give to older ones. The research paper, by the U of C’s School of Public Policy (SPP), notes that the taxes paid by the baby boomer generation are not enough to cover their projected future […]

Read more

Canada On Verge of Expansion of Undersea Territory

Leave a comment

The Canadian government is near completion on its application to a UN commission to claim its extended continental shelf, and it holds the potential to expand the country’s ownership over seabed territory by up to 1.75 million square kilometres. The government must submit the application, which according to the geologist in charge of the project, Dr. Jacob Verhoef, is thousands […]

Read more

Five Immigrants Receive Ottawa Immigrant Entrepreneur Awards

One comment

Five Canadian immigrants received awards for their entrepreneurship at the first annual Ottawa Immigration Forum yesterday. The Ottawa Immigrant Entrepreneur Award ceremony is organized by the Ottawa Local Immigration Partnership (OLIP) and given to individuals judged to have made valuable contributions to the local economy. Yesterday’s recipients were: Valery Tolstikhin, founder of OneChip Photonics Inc, who won in the Fast-growth enterprises category. […]

Read more
1 … 3 4 5 6 7 8