• Canada Post CEO touts ‘early signs’ of recovery even as financial woes persist

    Source: Global News Politics
    Date: 2026-10-22 21:45:13.0
    Tags: [National, Economy, Finance, Labour, Transportation]

    Canada Post CEO Doug Ettinger announced early signs of financial recovery at the Crown corporation's annual public meeting, citing a reduced pre-tax loss of $277 million in the second quarter of the year compared to $407 million the previous year. To address structural challenges, Canada Post is phasing out door-to-door delivery for four million addresses over five years in favor of community mailboxes—targeting 700,000 households by the end of 2027—and launching a direct-to-consumer online marketplace named Canada Shops. These operational overhauls follow the federal government's adoption of recommendations from an Industrial Inquiry Commission led by William Kaplan, which lifted a moratorium on new community mailboxes and rural post office closures.

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  • Ontario Celebrates Small Business Week

    Source: Ontario - Ministry of Economic Development, Job Creation and Trade
    Date: 2026-10-19 14:00:00.0
    Tags: [Ontario, Economy, Taxation, Finance, Industry, Labour]

    In recognition of Small Business Week, Associate Minister Nina Tangri highlighted that Ontario's over 500,000 small businesses employ nearly 2.5 million people. The 2026 Ontario Budget cut the small business corporate income tax rate from 3.2 per cent to 2.2 per cent, providing $1.1 billion in relief and up to $5,000 in annual savings to over 375,000 small businesses. Additionally, the government is investing a record $49 million over the next three years in the Ontario Small Business Advisory Centres (OSBACs) network across more than 50 locations, alongside ongoing investments in Futurpreneur and Summer Company.

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  • Ontario Protecting Workers by Investing in the Jobs of the Future

    Source: Ontario - Ministry of Economic Development, Job Creation and Trade
    Date: 2026-09-25 15:00:00.0
    Tags: [Ontario, Economy, Technology, Industry, Labour, Finance]

    The Government of Ontario is investing $30 million in the Vector Institute through the revamped Critical Technologies Initiative (CTI) program to advance artificial intelligence (AI) adoption across provincial industries and support the STEM workforce. The CTI program, which received an additional $107 million in Budget 2026, has committed a total of $214 million since 2023 to help retain and create over 65,000 jobs and train more than 14,000 highly skilled workers. The Vector Institute, based in Toronto, currently supports over 1,400 researchers, 41 CIFAR AI Chairs, and 119 post-doctoral fellows, aiming to bridge the gap between academic discovery and enterprise deployment.

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  • Ontario Expanding Eligibility for Tariff Support Programs

    Source: Ontario - Ministry of Economic Development, Job Creation and Trade
    Date: 2026-09-10 13:30:00.0
    Tags: [Ontario, Trade, Economy, Finance, Industry, Labour]

    In response to United States tariff actions set for September 15 and September 29, 2026, the Ontario government announced the expansion of eligibility for the $1 billion Protect Ontario Financing Program (POFP) and the $150 million Ontario Together Trade Fund (OTTF). Administered by the Ministry of Economic Development, Job Creation and Trade alongside the Ministry of Finance, the expanded programs provide loans and grants for payroll, lease payments, utilities, and supply chain reshoring to shield tariff-impacted businesses and workers. Furthermore, the provincial government highlighted broader economic strategies, including the $236 billion infrastructure plan, development of the Ring of Fire road network (such as the Marten Falls Community Access Road, Webequie Supply Road, and Anaconda and Painter Lake Roads), and nuclear energy expansions encompassing the Darlington, Pickering, and Bruce Nuclear Generating Stations, the Wesleyville site in Port Hope, and the G7's first small modular reactor.

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  • Yellowknife family urges Ottawa to renew support for employment program that helped their son

    Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
    Date: 2026-09-02 15:00:00.0
    Tags: [National, Labour, Social Services, Economy, Finance]

    Inclusion Canada and the Autism Alliance of Canada are seeking $50 million in the upcoming federal fall budget to renew funding for the Ready, Willing and Able (RWA) inclusive employment program. The program previously received $30 million from Ottawa in 2022—funding that is set to expire in March—to help Canadians with autism or intellectual disabilities secure employment and assist employers with hiring processes. Since its inception in 2014, the RWA program has helped nearly 6,500 people find jobs nationwide, including over 450 individuals in northern Canada, while engaging approximately 27,000 employers.

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