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2 result(s) for “Canada business”

Business News · Oct 12, 2026

Ottawa and Cleveland-Cliffs Head Toward Legal Showdown as Stelco Layoffs Begin

The federal government has given Cleveland-Cliffs five days to explain how it will meet employment commitments tied to its 2024 purchase of Stelco, after the U.S. owner pressed ahead with layoffs at the Hamilton steelworks. The company’s CEO said he is prepared to fight in court, raising the prospect of a high stakes legal and political battle over foreign investment commitments and Canadian industrial policy.

Companies & Industry · Oct 8, 2026

Intermap completes purchase of Canadian firm PCI Geomatics, folding a Toronto-area imaging specialist into its geospatial platform

Intermap on October 7 closed its acquisition of PCI Geomatics, a long established Canadian developer of satellite and aerial image processing software. The deal brings a Canadian imaging technology business and its installed base into a TSX-listed geospatial group, with Intermap projecting materially higher recurring revenue for 2027.