Advocates Push Ottawa to Extend Employee Ownership Tax Break
Business groups are calling on the federal government to extend a tax incentive supporting employee ownership trusts, arguing it boosts business succession and worker wealth.
Category : Business Innovation
Ottawa Funds $6M Cross-Canada Research for Productivity Growth
The Canadian government has committed $6 million to fund nationwide research initiatives aimed at enhancing productivity and economic competitiveness across various sectors.
OPEN Health Names New Leaders for Growth Strategy
OPEN Health has appointed four senior executives to strengthen enterprise growth and decision quality in healthcare communications, focusing on strategic alignment and client partnerships.
Ukrainian Businesses Struggle with Power Cuts from Russian Attacks
Ukrainian entrepreneurs like Olha Hrynchuk are forced to rely on generators as Russian air strikes target energy infrastructure, creating severe operational challenges and economic uncertainty for businesses across the country.
Google Staff Petition to End ICE, CBP Contracts
Over 900 Alphabet employees sign petition demanding Google sever ties with DHS agencies, citing use of technology in deportation efforts and state violence.
Big Tech to Spend $650B on AI Infrastructure by 2026
Four major U.S. tech companies plan unprecedented $650 billion capital expenditures by 2026 for AI data centers, marking the largest corporate spending boom in decades.
Big Tech's $600B AI Spending Worries Investors
Major technology firms are planning massive capital expenditures on artificial intelligence infrastructure, creating uncertainty and pressure for shareholders.
Lightspeed Invests in Sales and Software for Growth
Lightspeed Commerce Inc. announces strategic investments in its sales force and software enhancements to drive consumer reach and market expansion in the competitive retail technology sector.
Y Combinator Reverses Decision on Canadian Investments
Y Combinator has reversed its decision to stop investing in Canadian-incorporated companies after receiving feedback from Canadian entrepreneurs in its network.
Macklem: Canada Must 'Lean Into' Economic Disruption
Bank of Canada Governor Tiff Macklem calls for Canada to actively engage with economic disruption, highlighting the need for adaptation in a rapidly changing global landscape.
Alphabet's $185B AI Spending Plan Stuns Investors
Google's parent company Alphabet announces plans to spend $175-185 billion on AI in 2026, far exceeding analyst expectations of $119.5 billion despite strong Q4 results.
Google's AI Power Boosts Quarterly Results
Alphabet Inc.'s latest financial report demonstrates robust growth, highlighting its strategic advantage in artificial intelligence as it solidifies market leadership.
Services Sector Downturn Accelerates in Canada
Canada's services sector experienced a sharp contraction in January, with the Purchasing Managers' Index indicating a deepening downturn amid economic pressures.
Canada Growth Fund Unlocks Private Investment with Public Capital
The Canada Growth Fund leverages public capital to de-risk major projects, accelerating private investment in infrastructure, resources, and green technology across Canada.
Canadian Companies Must Build AI-Ready Workforce in 2026
As Canadian businesses transition from AI experimentation to full adoption in 2026, building trust, prioritizing ethics, and keeping humans at the center will be critical for successful workforce integration.
Monaco Yacht Club Hosts 18th Economic Symposium
The Yacht Club de Monaco gathers industry leaders for its 18th Economic Symposium, focusing on the yachting sector's transformation amid new environmental standards and economic challenges.
Oracle to Raise $50 Billion for AI Cloud Infrastructure
Oracle Corporation announces plans to raise $45-50 billion through debt and equity sales to expand cloud infrastructure capacity for major AI clients including Nvidia and OpenAI.
SpaceX and xAI in Advanced Merger Negotiations
SpaceX and Elon Musk's xAI are in advanced discussions to merge, potentially creating one of the world's largest private companies. The deal could be announced this week, but negotiations remain fluid.
AI's Role in Layoffs: Amazon and Corporate Trends Analyzed
Examining whether artificial intelligence is driving job cuts at Amazon and other major firms, with insights into the complex factors behind workforce reductions.
Economy Stalled in November, Q4 Contraction Possible
Statistics Canada reports the national economy showed no growth in November, raising concerns about a potential contraction in the fourth quarter of 2025 amid broader economic challenges.
Taiwan's Economy Grows 8.6% in 2025, Fastest in 15 Years
Taiwan's economy expanded at its quickest pace in 15 years during 2025, with an 8.6% growth rate largely driven by the artificial intelligence sector's explosive development.
WEF Leader Pitches Detroit Over Davos for Future Summit
A World Economic Forum leader suggests relocating the annual meeting from Davos to Detroit, highlighting changing global economic dynamics and urban revitalization efforts.
AI Skills Essential as Canadian Job Market Shifts
Canadian employers increasingly demand AI skills, with 5.9% of job postings now requiring AI-related competencies. Training programs in Python, Java, and generative AI are becoming crucial for career advancement.
SMETA 7 Social Audit Earns SSCI Recognition from Consumer Goods Forum
Sedex's flagship social audit methodology, SMETA 7, has been formally recognized by the Consumer Goods Forum's Sustainable Supply Chain Initiative, strengthening its role in ethical sourcing and supply chain transparency.
Investors Seek Payoffs from Big Tech's Heavy AI Spending
Recent financial results from major technology firms highlight growing investor pressure for concrete returns on substantial artificial intelligence expenditures, signaling a shift in market expectations.
Windsor-Detroit Bid for World Economic Forum as Davos Expands
Local business and tourism leaders advocate for hosting the World Economic Forum in Detroit-Windsor, highlighting cross-border advantages and economic opportunities.
Tesla Invests $2B in Musk's xAI, Reports Strong Q4 Profit
Tesla reveals plans to invest $2 billion in Elon Musk's artificial intelligence company xAI while reporting higher-than-expected fourth quarter profit, signaling a strategic shift toward AI and robotics.
Amazon Cuts 16,000 Jobs, Plans AI Replacements
Amazon announces its second major round of layoffs in three months, cutting 16,000 corporate positions while revealing plans to use generative AI to replace workers.
NP Digital's Rebl House Acquires Ultralight Creative
NP Digital's creative division Rebl House incorporates Ultralight Creative, appointing founder Matt Hassell as Global SVP to lead AI-driven creative expansion globally.
Lau: Keep Government Out of Algorithmic Pricing
Columnist Matthew Lau critiques the Competition Bureau's scrutiny of algorithmic pricing, arguing market-driven algorithms benefit consumers through better price matching and efficiency.
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