Politics – Canadian Investor

Google app tested in Venezuela takes swipe at press censors

October 26, 2018 CanadianInvestor

CARACAS, Venezuela — Google has unveiled a tool meant to help fight press censorship around the world, testing it first in Venezuela, where journalists say they’re battling a government bent on burying online stories that expose corruption and human rights abuses. News junkies in Venezuela clicking on links to independent websites have been frustrated in recent years by messages on... Read More

U.S. Exxon lawsuit takes aim at Alberta oilsands over climate risks

October 26, 2018 CanadianInvestor

A lawsuit filed this week in a U.S. court says ExxonMobil has dramatically underestimated the risks its oilsands assets face from efforts to reduce carbon emissions. The lawsuit, filed after a three-year investigation by the New York attorney general’s office, charges that Exxon deliberately lowballed by $30 billion the carbon costs faced by 14 different Alberta oilsands operations it runs... Read More

Apple CEO backs privacy laws, warns data being ‘weaponized’

October 24, 2018 CanadianInvestor

BRUSSELS — The head of Apple on Wednesday endorsed tough privacy laws for both Europe and the U.S. and renewed the technology giant’s commitment to protecting personal data, which he warned was being “weaponized” against users. Speaking at an international conference on data privacy, Apple CEO Tim Cook applauded European Union authorities for bringing in a strict new data privacy... Read More

Ottawa to run bigger-than-expected deficits over coming years: budget watchdog

October 23, 2018 CanadianInvestor

OTTAWA — A new analysis by the federal budget watchdog says the government is on track to run deeper-than-expected deficits in each of the next few years. The parliamentary budget officer also says there’s only a 10 per cent chance the federal books will return to balance in 2021-22 and a 30 per cent chance of seeing black ink in 2023-24. The report... Read More

Montreal soaring to new economic heights, but headwinds still buffet the summit

October 4, 2018 CanadianInvestor

MONTREAL — In a sun-lit lecture space at Ecole Polytechnique, Joelle Pineau explained how a machine can create a recipe from a photo of a tourtiere. It’s not easy as pie, but rather the fruit of 12 months of experimentation at Facebook’s new artificial intelligence lab, which she heads up in Montreal. “I would like the robot that goes with... Read More

A look at the range of reactions to the new USMCA deal

October 1, 2018October 1, 2018 CanadianInvestor

Here’s what political and industry leaders are saying about the new U.S.-Mexico-Canada Agreement: ____ “It’s an agreement that, when enacted, will be good for Canadian workers, good for Canadian business, and good for Canadian families. It’s an agreement that removes uncertainty for our manufacturers and investors, and improves labour rights for all North Americans. And it’s an agreement that will... Read More

Ontario government to introduce legislation today regulating recreational pot

September 27, 2018 Editor

TORONTO — The Ontario government is poised to introduce legislation today governing the licensing and regulation of the province’s private cannabis retail marketplace. The Progressive Conservative government says the bill will make the Alcohol and Gaming Commission of Ontario the regulator for the recreational pot marketplace. It will have the power to grant — and potentially revoke — licences as well as enforce provincial... Read More

BC to have only one store selling cannabis on first day of legalization

September 16, 2018 Editor

VANCOUVER — On the morning of Oct. 17, British Columbians shouldn’t expect to wake up and see marijuana stores opening their doors. At least that’s the message from the province’s minister of public safety and solicitor general, Mike Farnworth. In a news release issued Sunday, Farnworth said the government’s first and only BC Cannabis Store will open in Kamloops and more... Read More

Five things to watch for in the Canadian business world in the coming week

September 16, 2018 Editor

TORONTO — Five things to watch for in the Canadian business world in the coming week: The House is back The House of Commons resumes sitting on Monday. The Trudeau government is expected to face pointed questions from the opposition on a number of fronts including its purchase of the Trans Mountain pipeline and the ongoing trade talks with the... Read More

N.B. Liberal leader promises to impose pay equity on private businesses

September 12, 2018 Editor

MONCTON, N.B. — New Brunswick Premier Brian Gallant says he would impose pay equity on the province’s large businesses if his party is re-elected. He says new pay equity measures would apply to government and other public sector groups by 2020, and to private firms with more than 50 employees by 2022. The 2020 deadline would apply to quasi-public organizations, like universities and... Read More