Canada Sanctions Armoured Vehicle Maker Streit Group Over Russian National Guard Supply

(OTTAWA) – Canada has imposed sanctions on defence manufacturer Streit Group for supplying armoured vehicles and military equipment to Russia’s National Guard (Rosgvardia), the Canadian government announced on 10 August. The sanctions were enacted under Canada’s Special Economic Measures Regulations, Foreign Affairs Minister Anita Anand confirmed. The Canadian government statedContinue Reading

British Columbia Eyes Finnish Model for Forest Management

(VANCOUVER, Canada) – Canadian forestry professionals are studying Finland’s approach to commercial thinning, harvesting technology and forest data as British Columbia seeks to extract more value and flexibility from its timber supply. A delegation that included Indigenous representatives, researchers, forestry specialists and harvesting contractors travelled to the Joensuu region ofContinue Reading

Cuba Jet Fuel Shortage Halts Canadian Airline Flights

(HAVANA, Cuba) – Several Canadian airlines have suspended services to Cuba after aviation fuel supplies on the island became critically short, leaving nearly 3,000 passengers to be collected on empty return flights. Air Canada, WestJet and Air Transat all halted scheduled operations, citing the fuel shortage that is expected toContinue Reading

Couche-Tard Makes $12 Billion Offer for Poland's Zabka

(LAVAL, CANADA) – Alimentation Couche-Tard Inc., the Canadian owner of the Couche-Tard and Circle K convenience store chains, has made an offer valued at more than $12 billion to acquire a controlling stake in Polish convenience store operator Zabka Group. The bid, announced on Friday, would be the largest acquisitionContinue Reading

Canadian Jobless Rate Falls to 6.4 Percent in July

(OTTAWA, CANADA) – Canada’s economy added 75,000 jobs in July, pushing the unemployment rate down to 6.4 percent, its lowest level in two years, according to the latest labour force survey from Statistics Canada. The gain represented a 0.4 percent increase in employment and followed solid jobs reports in MayContinue Reading