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Canada 'systematically' losing promising startups to foreign buyers: CCI report
1+ mon, 1+ day ago (697+ words) Foreign buyers are snatching up Canadian startups due to the lack of a robust homegrown ecosystem that lets them keep growing Government investment in innovation yields early results, but loses steam later on as foreign buyers snatch up Canadian startups…...
The United States is losing its grip on Canada's steel market
5+ mon, 3+ week ago (1177+ words) U.S. steel imports coming into Canada down more than 20% as tariff war shifts trade One year into a trade war, the United States’ role as the largest source of foreign steel in Canada is on shaky ground. U.S. steel producers shipped…...
Canada's last independent steel mill faces tough path back to profitability
8+ mon, 1+ week ago (1015+ words) The federal and Ontario governments have pumped hundreds of millions of dollars of financial loans and other support into Sault Ste. Marie, Ont.-based Algoma Steel Inc., Canada’s only non-foreign-owned steel mill, and that may just be the start of…...