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  • 06 Feb 2017 14:42 | Manjot Cheema (Administrator)

    The Canadian dollar weakened against its U.S. counterpart on Monday as oil prices slipped and bond yields set a one-week low, with investors awaiting December trade data due on Tuesday for signs of momentum in a nascent export revival.

    The loonie has gained for two straight weeks on a combination of favorable economic data and greenback weakness. Last week it touched its strongest level since September.At 8:47 a.m. ET, the Canadian dollar was trading at $1.3073 to the greenback, or 76.49 U.S. cents, weaker than the Bank of Canada's official close on Friday of $1.3028, or 76.76 U.S. cents. Read more

  • 02 Feb 2017 12:59 | Manjot Cheema (Administrator)

    Bank of Nova Scotia (BNS.TO 0.03%) said on Thursday that the introduction of new digital technologies would enable the bank to lower its operating costs and increase profits.

    Scotiabank is investing in new digital technologies in response to customers transacting far less in branches and using mobile banking apps much more. The bank has said it plans to cut 5 per cent of branches in the next two years Read More

  • 30 Jan 2017 18:48 | Manjot Cheema (Administrator)

    Canada’s top diplomat in Washington D.C. is calling on corporate Canada to take a more active role in engaging with the United States. In an interview on BNN, David MacNaughton, Canada’s ambassador to the U.S., said the private sector should throw its weight behind efforts to highlight the close economic ties between the two nations by reiterating that 35 states rely on Canada as their largest export market.Read More 

  • 25 Jan 2017 13:14 | Manjot Cheema (Administrator)

    Consumer behaviours are evolving faster than ever. And it has never been more important—or more challenging—for entrepreneurs to stay on top of consumer trends in order to better compete and grow.

    A recent BDC study identified five consumer trends that will transform the way you do business in 2017 and the strategies you can use to take advantage of them. Here are some of the highlights from the study.Read More

  • 23 Jan 2017 12:48 | Manjot Cheema (Administrator)

    U.S. President Donald Trump met with a dozen American manufacturers at the White House on Monday, pledging to slash regulations and cut corporate taxes, but warning them he would impose taxes on imports if they move production outside the country.Trump, who took office on Friday, promised to bring manufacturing plants back to the United States - an issue he said helped him win the Nov. 8 election.Read More

  • 19 Jan 2017 11:05 | Manjot Cheema (Administrator)

    The S&P/TSX Composite Index rose on Thursday as oil prices rose and the energy, financial and industrial groups gained ground.

    The index was up 17.50 points, or 0.11 percent, at 15,415.35, shortly after the open. Seven of the index's 10 main groups were higher.

    U.S. stocks, meanwhile, were flat on Thursday, with investors seemingly wary of taking on risk ahead of Donald Trump's swearing-in as U.S. president on Friday.

    After having driven Wall Street to record highs in a post-election rally, investors are on the sidelines as they await Trump's inaugural speech to get a steer on his policies Read More 

  • 18 Jan 2017 16:46 | Deepinder Loomba (Administrator)

    This is an initial notice that SBPA is planning for a business mission to India in 2017.
    During this trip we plan to meet various business leaders & political heads to explore the business potential between India and Canada. We will also explore how SBPA can be of assistance to do business in India.  

     

    Deepinder Loomba 

  • 10 Jan 2017 11:53 | Manjot Cheema (Administrator)

    OTTAWA - Prime Minister Justin Trudeau is expected to give his cabinet a makeover today, and sources tell The Canadian Press that his shuffle could involve up to a third of the positions.

    Among those who could be shuffled is International Trade Minister Chrystia Freeland, who is believed to be a likely choice to replace Stephane Dion at Foreign AffairsRead More 

  • 29 Dec 2016 11:08 | Manjot Cheema (Administrator)

    TORONTO -- A U.K.-based think-tank says Canada will have the world's 10th largest economy in 2017, but will be overtaken in a few years by South Korea.

    The analysis from the Centre for Economics and Business Research, published in co-operation with Global Construction Perspectives, estimates Canada's gross domestic product will be worth 1.635 trillion U.S. dollars next yearRead More 

  • 23 Dec 2016 11:43 | Deepinder Loomba (Administrator)

    The Canadian government posted a wider budget deficit in October compared to a year ago as increased spending on benefits for families and the unemployed offset higher revenue, the Finance Department said on Friday.

    Canada saw a deficit of $1.53 billion in October, wider than the deficit of $940 million it saw in October 2015. Read More 

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