Click here to subscribe to the new CB. The post The <i>New Canadian Business</i> Is Here! appeared first on Canadian Business - Your Source For Business News ..read more

Business in Canada is changing — and so is Canadian Business. Trusted by executives and entrepreneurs for nearly a century, the country’s preeminent business magazine is refocused, reenergized and ready for its exciting relaunch this October. Online and in print, the publication will offer everything from inspiring profiles to unique thought leadership that reflects the changing face of business from coast to coast — and with an eye to global trends. “Business leaders today are not the same as they were a decade ago — or even five years ago,” says Charlotte Herrold, the newly appointed e ..read more

Every year, Canadian Business has highlighted the entrepreneurial leaders of Canada through the the Growth List—a ranking of established businesses on five-year revenue growth and startups on two-year revenue growth. Formerly known as the Growth 500, the Growth List and Start-Up List winners are profiled in a special print issue of Canadian Business published with the December issue of Maclean’s magazine.  “Despite turbulence, the 2020 Growth List companies showed resilience, spirit and, most importantly, empathy and strong leadership,” says Susan Grimbly, Growth List Editor. “As we ..read more

When AG Hair moved into its new, 70,000-sq.-foot, state-of-the-art manufacturing facility in Coquitlam, B.C., two years ago, it was part of a plan to supercharge expansion of its hair care product line to salons in international markets. Europe was next on its list. Then COVID-19 hit. Not only was the European expansion put on hold, but salons in major markets across Canada and the United States were temporarily closed. Very few were purchasing hair products, so manufacturing was halted in mid-March, leaving most of the company’s 82 employees out of work. AG Hair could have waited out the pan ..read more

VANCOUVER — The first stage of an extradition hearing for a senior executive of Chinese tech giant Huawei started in a Vancouver courtroom M onday, a case that has infuriated Beijing, caused a diplomatic uproar between China and Canada and complicated high-stakes trade talks between China and the United States. Canada’s arrest of chief financial officer Meng Wanzhou, the daughter of Huawei’s legendary founder, in late 2018 at America’s request enraged Beijing to the point it detained two Canadians in apparent retaliation. Huawei represents China’s progress in becoming a technological power an ..read more

TORONTO — TekSavvy Solutions Inc. is appealing to Canadian consumers for support in a politically charged battle between Canada’s independent internet service providers and the big phone and cable companies. Bell, Rogers and Canada’s other major phone and cable companies asked the federal cabinet in November to overrule a 2019 regulatory decision that slashes how much they can charge independent ISPs like TekSavvy. The industry giants argued the Canadian Radio-television and Telecommunications Commission overstepped its authority in August by cutting wholesale capacit ..read more

WASHINGTON — When President Donald Trump’s historic impeachment trial is called to order in the Senate this week, he won’t be watching from inside the chamber or on television from the White House. He’ll be thousands of miles away at the Davos economic forum in the Swiss Alps, trying to charm global CEOs over dinner. Trump’s participation in the annual World Economic Forum will provide a conspicuous split-screen moment in a presidency familiar with them. His two-day visit to Switzerland will test his ability to balance his anger over being impeached with a desire to project leadership on the ..read more

Alberta’s rural municipalities say the amount of unpaid property taxes they’re owed by oil and gas companies has more than doubled over the past year. The association says they are owed a total of $173 million — a 114 per cent increase over last spring. Years of low oil prices have left many small producers in dire straits. But rural officials say recent court decisions have left them powerless to collect tax money owed them by financially troubled companies. As well, they say the provincial government recently ended a program which refunded them money they lost by reducing taxes for certain ..read more

CALGARY — The oil and gas industry needs to increase efforts to address climate change or risk becoming socially unacceptable and unprofitable, according to a new International Energy Agency report. “No energy company will be unaffected by clean energy transitions,” said Fatih Birol, the IEA’s executive director, in a statement Monday. The world is demanding energy services and emissions reductions at the same time, the report said. Social pressures on the industry are rising, it noted, highlighting growing opposition to new infrastructure projects in certain areas and fracking bans. “Every p ..read more

DAVOS, Switzerland — Climate issues are set to be one of the main talking points at the World Economic Forum in the Swiss ski resort of Davos this week, but a survey of CEOs released Monday shows that they are not even ranked among the top ten threats to business growth. In its annual report ahead of the gathering in Davos, financial services group PwC said climate change and environmental issues are ranked as the 11th biggest threat to their companies’ growth prospects. Though up one spot from the same survey a year ago, climate-related issues lag way behind other concerns such as over-regul ..read more