Intel drops US$15B on Mobileye in race for a driverless future
Intel will buy Israel’s Mobileye in a deal valued at about US$15 billion, instantly propelling the computer chip and technology giant to the forefront of
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Liberals nearing decision on how to spend $800M earmarked for innovation
An $800-million commitment central to the Trudeau government’s economic growth strategy is expected to be divvied up within the next few months among groups and
Five Canadian business stories to watch this week
Corporate ledger: Just a smattering of earnings this week. Some notables include Quebecor, HNZ Group and Spin Master. U.S. interest rate decision: The U.S. Federal
Ontario reconsidering a foreign buyers’ tax to cool housing market
A foreign buyers’ tax is back on the table in Ontario, with the finance minister saying Thursday it’s one possible option he’s looking at to
Federal budget won’t contain specific actions to address Trump uncertainty
If the Trudeau government plans to take steps to address the economic risks of the Donald Trump presidency, they won’t be in the upcoming federal
Feds cross ‘milestone’ in clearing Phoenix pay backlog
Government officials say they’ve turned the corner in trying to fix the troubled Phoenix civil service pay system. But Public Services and Procurement Canada deputy
Federal government to table budget on March 22 amid Trump related uncertainty
Finance Minister Bill Morneau will introduce the federal government’s latest budget on March 22, his first amid the economic uncertainty of the Donald Trump era.
Oh Snap? After bursting out of the gate, shares give way
Anyone wanting to invest in the company that owns Snapchat now has an opportunity to do something that early investors were unable to do: buy
Flying Cars and Conveyor Belt Sidewalks
If you were to head down to your local library (remember those?) and dig up some predictions from the 1950s about what the future was
Five Canadian business stories to watch this week
Mining for money: The Prospectors and Developers Association of Canada holds its annual convention in Toronto from Sunday until Wednesday. The get-together is the biggest
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