Money
Ottawa bets $1.75 billion that Canada's startups will stop moving south
A new venture-capital strategy promises early-stage cash and pension-fund money for homegrown firms — the government's answer to Silicon Valley brain drain.
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Mélanie Joly
Canada
Ottawa gives Stelco's U.S. owner 15 days to reverse 500 Hamilton layoffs — or face the courts
Industry Minister Mélanie Joly says Cleveland-Cliffs broke binding commitments it made when it bought Stelco in 2024. The company blames Donald Trump's 50% steel tariffs.
Canada
Ottawa to its diplomats: steer clear of U.S. midterm candidates
After the U.S. Embassy accused Canadian politicians of election interference, Global Affairs Canada has instructed its diplomats in the U.S. to avoid midterm candidates and their events — a directive Politico reported Thursday night.
Canada
Washington just accused Canada of meddling in its midterms — and Ottawa is calling it absurd
A U.S. Embassy fact sheet released Wednesday claims Canadian politicians are trying to influence the November 3 midterms, singling out Mélanie Joly and Doug Ford. Carney, Joly and Ford all deny it.
Business
Stelco's owner says he's ready for a court fight with Ottawa — and open to selling
Cleveland-Cliffs CEO Lourenco Goncalves disputed Ottawa's reading of the takeover undertakings and called the Hamilton layoffs temporary until a Canada-U.S. trade deal.
Business
Stelco rejects Ottawa's claims as layoffs begin; Joly says court-ordered sale stays on the table
Up to 500 workers face layoffs at Hamilton Works as the steelmaker and the industry minister trade accusations over commitments made in the 2024 Cleveland-Cliffs takeover.