#QUEBEC News

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Launch of Port in the City's 2024 season: Discovering the Port of Montreal

benzinga.com MONTREAL, May 21, 2024 /CNW/ - The Port of Montreal is opening up to the community this summer with the annual Port in the City event! The program includes a travelling…

Boeing invests $240M to create Montreal-area aerospace innovation zone

cbc.ca Boeing, a giant in the aircraft manufacturing business, is investing $240 million as part of a partnership with the Quebec government to create an aerospace innovation zone…

Emperor Resumes Drilling on Globex's Optioned Claims

benzinga.com ROUYN-NORANDA, Quebec, May 21, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate,…

Solaris abandons proposed financing with Chinese firm after deal stalled in national security review

theglobeandmail.com Canadian critical minerals company Solaris Resources Inc. has called off its financing deal with China’s Zijin Mining Group after failing to receive regulatory approval from…

Boeing to spend $240-million on initiatives to bolster Quebec aerospace innovation

theglobeandmail.com Boeing Co. will spend $240-million on initiatives to bolster Quebec aerospace innovation as the U.S. industrial giant makes good on local investment commitments after…

If a green-electricity revolution really is at hand, Canada’s aging power grid has already fallen woefully behind

theglobeandmail.com In the convulsive policy debate over how to electrify as much of Canada’s energy system as possible, political and media attention tends to focus intensively on renewable…

Wallbridge Receives $8.1M of Quebec Refundable Investment Tax Credits

benzinga.com TORONTO, May 21, 2024 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited WMWLBMF ("Wallbridge" or the "Company") is pleased to report that it received $8.1 million of…

Billie Eilish ‘Hit Me Hard and Soft’ World Tour: Buy Tickets Online

variety.com If Billie Eilish‘s “Hit Me Hard and Soft” served as your personal soundtrack over the weekend and you’re looking to experience her newest songs in person, you’re in luck.…

5 Blue Chip Dividend Stocks Yielding 7% and More to Buy Hand Over Fist Now

247wallst.com Dividend stocks are a favorite among investors for good reason. They provide a steady income stream and offer a promising avenue for total return. Total return, a…

Desmarais-backed Sagard buys stake in U.S. private equity firm, boosting assets under management to $25 billion

financialpost.com Sagard, an alternative asset management firm controlled by Quebec’s Desmarais family, is acquiring a strategic stake in Connecticut-based Performance Equity Management,…

Loblaw to support grocery code of conduct, cottage finances and Saskatchewan’s soaring rents: Must-read business and investing stories

theglobeandmail.com Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros,…

After industry boom, Quebec distilleries fight for space on liquor store shelves

cbc.ca Starting with locally grown corn, Samuel Gaudette transforms grain into alcohol, then adds ingredients such as juniper berries, Labrador tea and common prickly ash to…

Taylor Swift fans are flying to Europe for cheap concert tickets

cbc.ca Taking a trip to Europe to see Taylor Swift perform may not seem like an intuitive financial decision — but tickets to a concert in Canada are so expensive some fans are…

Avoid All Shaving Cream/Razor Brands Except These 14

247wallst.com It’s no secret that razor and shaving cream companies have manipulated millions of people into believing that paying outrageous prices for terrible, harmful disposable…

Saturday links: the passage of time

abnormalreturns.com Autos Waymo cars are making 50,000 paid trips a week. (engadget.com) Pedestrian deaths are a function of speed. (vox.com) Detroit may regret killing off the sedan.…

Canada charts path for high-speed trains, but obstacles loom

theglobeandmail.com Via Rail Train 62 pulled out of Toronto’s Union Station at 8:32 a.m., rolling east through the sprawl and Lake Ontario’s north shore on the way to Montreal. Its first three…

‘Universal Language’ Review: Matthew Rankin Channels the Best of Iranian Cinema in Absurdist Canadian Comedy

variety.com In the Canadian cities of Montreal and Winnipeg, a futile tension exists between French and English speakers — doubly silly, since the country is officially bilingual. In…

Quebec to force gas stations to report their prices. Will it lower fuel costs?

cbc.ca Quebec wants to boost transparency around gas prices. The province will force gas stations to report their prices to the government, and it's going to publish them online.…

Minister suggests Canada is considering tariffs on Chinese EVs following U.S. move

cbc.ca Canada's industry minister says Ottawa is "considering all measures" after the U.S. announced it would be hiking tariffs on Chinese electric vehicles and other related…

Canada Faces Worst Standard of Living Drop in Four Decades

tftc.io A new economic study suggests that Canada may be experiencing its longest and most significant decline in real gross domestic product (GDP) per person in nearly four…

Wildfire risk eases near Canada's oil sands hub

pbs.org The threat from a wildfire near Canada’s oil sands hub of Fort McMurray, Alberta, appeared to be easing on Wednesday, a day after it forced thousands of residents to…

Ottawa, Washington join forces to fund junior Canadian critical minerals companies in face of Chinese dominance

theglobeandmail.com Ottawa and Washington have teamed up for the first time to jointly invest in two early-stage Canadian mining exploration companies, as they attempt to bolster the North…

The federal government invests in a new site for the Montreal Afro-Canadian Cultural Centre

benzinga.com MONTREAL, May 16, 2024 /CNW/ - Members of Montreal's Black communities will have access to a modern and dynamic new venue to showcase their artistic and cultural expression,…

TELUS to provide free smartphones and wireless services to Indigenous women at risk or surviving violence in Quebec

benzinga.com In partnership with Quebec First Nations Women's Space, TELUS Mobility for Good expands to provide a vital lifeline for Indigenous women Indigenous women are 12 times more…

Posthaste: Canada's standard of living on track for worst decline in 40 years

financialpost.com Measure Canada’s gross domestic product by aggregate and it doesn’t look so bad, but measure it by person or per capita and it’s dismal. For example, between 2000 and 2023…

Quebec Production Hopes to Bounce Back With ‘Crucial’ Tax Incentives

variety.com With the effects of the 2023 strikes growing smaller in the rearview mirror, Quebec has fine-tuned its incentives and is revving up for more than just a simple recovery in…

Trudeau's housing push in doubt as pace of construction falls

financialpost.com Construction was split between 53,900 single detached and 186,300 multiple units in April, CMHC says. Regionally, starts fell 0.8 per cent in Ontario, the country’s largest…

Ottawa to acquire Quebec Bridge from CN, will spend $1-billion over 25 years on repairs

theglobeandmail.com The federal government says it has reached a deal with Canadian National Railway Company CNR-T to acquire the historic Quebec Bridge, following decades of political…

More than 40 artists will grace the stages of the Festival Innu Nikamu in Mani-utenam from July 30th to August 4th

benzinga.com MANI-UTENAM, Quebec, May 15, 2024 (GLOBE NEWSWIRE) -- More than 40 artists from near and far, native and non-native, will rock the stages in Mani-utenam this summer: For the…

TELUS investing $10 billion in Quebec through 2028 to support vital network connectivity, sustainability and innovation

benzinga.com TELUS announces joint investment with the Government of Quebec and CRTC to expand wireless connectivity to isolated and rural communities MONTREAL, May 15, 2024 /CNW/ -…

The Doggone Foundation donates $150K to the MUHC Foundation to support breast cancer research

benzinga.com MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) -- As part of its mission to support health care across Quebec, The Doggone Foundation has pledged a gift of $150K to the McGill…

Opinion: Instead of importing millionaires, Canada needs to produce more of them

theglobeandmail.com When British Chancellor Jeremy Hunt announced the end of a two-century-old tax break that mostly benefits rich foreigners in his March budget, critics immediately charged…

Investment bank Greenhill hires former Couche-Tard CFO Claude Tessier

theglobeandmail.com After a career spent working on takeovers around the world, former Alimentation Couche-Tard Inc. chief financial officer Claude Tessier is joining investment bank Greenhill…

The five winners of the 2025 edition of the MNBAQ Contemporary Art Award

benzinga.com QUÉBEC CITY, May 14, 2024 /CNW/ - The Musée national des beaux-arts du Québec (MNBAQ) and the Fondation du MNBAQ, in collaboration with the RBC Foundation, their valued…

Tarku Resources Bolsters Portfolio with Dana Project

tipranks.com Tarku Resources (TSE:TKU) has released an update. Tarku Resources Ltd. has expanded its portfolio by acquiring the Dana Project in Quebec, a promis...

Canada's 100 Best Restaurants List 2024

benzinga.com MONTRÉAL, May 14, 2024 /CNW/ - Tourisme Montréal is excited to share that the city once again stands out in Canada's 100 Best Restaurants, being home to nearly 30% of the…

You must be new here: Meet the latest crop of Best Managed Companies

theglobeandmail.com It’s no mean feat to make it onto the list of Canada’s Best Managed Companies. For 31 years, the program has been rigorously vetting the top mid-market privately owned…

Bitcoin Mining Giant Bitfarms Axes CEO Amidst $27 Million Lawsuit

bitcoinist.com Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27…

Quebec Amazon warehouse workers union application certified

financialpost.com Workers at the DXT4 warehouse in Laval will hold their first general assembly to adopt a constitution and bylaws and elect representatives in the coming days, the union…

Honda Canada picks Port Colborne, Ont., for next plant in EV supply chain

cbc.ca The next community set for a massive boost to its local economy as part of Honda Canada's $15-billion investment to establish a Canadian electric vehicle supply chain will…

How the Maple-Syrup Cartel Keeps a Sticky Grip on Global Market

wsj.com Quebec’s 50 million maple trees produce 72% of the world’s supply, leaving Vermont to pine for the good old days.

Workers can form union at Amazon warehouse in Laval, Que., a first in Canada

cbc.ca Quebec's labour tribunal has given union accreditation to workers at an Amazon warehouse in Laval, Que., a first in Canada. Workers at the DXT4 warehouse, located in Laval,…

Union certified at Amazon warehouse in Quebec by Administrative Labour Tribunal

theglobeandmail.com A Quebec-based union says its application to represent hundreds of Amazon.com Inc. AMZN-Q workers at a warehouse in the province has been certified by the province’s…

My Friend Omar: the Battle of a Seasonal Worker is now available on CBC Gem

benzinga.com MONTREAL, May 13, 2024 /CNW/ - Canada and its primary and secondary economic sectors rely heavily on the labour of temporary or seasonal international workers. In 2022,…

Solar Storm Exposes Strengths and New Weaknesses

en.money.it The worst solar storm to hit Earth in decades is over. There are a few takeaways to consider already, and overall, the news is good. Considering that there was considerable…

U.S. medical testing giant Quest Diagnostics close to acquiring LifeLabs, sources say

theglobeandmail.com One of the largest U.S. medical-testing companies is the leading contender to acquire Canada’s biggest diagnostics platform, LifeLabs Medical Laboratory Services, from its…

Northvolt should turn Quebec into a major EV player. Why are people so unhappy?

theglobeandmail.com In late September, Quebec Premier François Legault announced his government had attracted the largest private manufacturing investment in the province’s history, which he…

Meet Gabriel Attal, France’s young prime minister

economist.com Standing side by side at a war memorial in Ottawa, two leaders prepared to lay a wreath in honour of their countries’ fallen soldiers. The Canadian, Justin Trudeau, was once…

Economy grows more than expected, keeping the Bank of Canada 'on its toes'

financialpost.com The Canadian economy surprised to the upside in January, posting its strongest monthly growth in a year, which could keep the Bank of Canada “on its toes,” say economists.…

Why tonight’s massive solar storm could disrupt communications and GPS systems

aol.com Buckle up: An unusual amount of solar activity this week could disrupt some of the most important technologies society relies on. On Thursday, the US government issued its…

The Daily

www150.statcan.gc.ca Employment increased by 90,000 (+0.4%) in April, and the unemployment rate was unchanged at 6.1%. The employment rate held steady at 61.4%, following six consecutive monthly…

Opinion: Caisse lands kingmaker role in battle for Gildan Activewear

theglobeandmail.com The big dog in Quebec capital markets just marked its turf. On Wednesday, the Caisse de dépôt et placement du Québec didn’t just loan Montreal-based Gildan Activewear Inc.…

Canada’s oldest power plants are getting major facelifts to bring them into the 21st century

theglobeandmail.com One afternoon in April, inside the control room at the Robert H. Saunders Generating Station west of Cornwall, Ont., a team of roughly half a dozen people monitor…

Severe Solar Storm To Hit Earth On Saturday

en.money.it A set of waves from the Sun are expected to arrive on Saturday. Scientists monitoring the Sun detected at least four Coronal Mass Ejections (CMEs) being launched on the…

Lion Electric takes earnings hit on funding bottlenecks from EV transit fund

financialpost.com The Canadian company, which makes electric buses and trucks, said revenue was $55.5 million, well below the $69.4 million expected by analysts tracked by Bloomberg. It has…

Fantasia Film Festival Reveals First Titles Set For 2024 Edition Including Chris Stuckmann’s Horror Movie ‘Shelby Oaks’

deadline.com Quebec’s Fantasia International Film Festival has set the first round of titles set for its 2024 edition, running July 18 – Aug 4. Films set to debut at the festival include…

Fiscal picture for provinces getting worse, but don't blame irresponsible spending

financialpost.com Finances have deteriorated in a number of provinces over the past year, but at least one bank believes that rising deficits don’t necessarily mean governments are being…

Abcourt confirms a second gold mineralized zone East of the Flordin deposit toward the Cartwright sector in the Lebel-sur-Quévillon area

benzinga.com ROUYN-NORANDA, Quebec, May 09, 2024 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Company") (TSX Venture : ABI) is pleased to confirm a second gold mineralized…

How Canada's recruitment of foreign students failed to match labour market needs

cbc.ca New data obtained by CBC News show that Canada's recruitment of international students failed to match the job market. Colleges and universities brought in far more foreign…

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