Financing
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Trump says China will be ‘hurt very badly’ if no trade deal
White House economic adviser Larry Kudlow says “both sides will pay”
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Former Saskatchewan finance minister advising Alberta government on fiscal plan
Premier Jason Kenney says Alberta is in a deep fiscal hole
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GM Cruise autonomous vehicle unit gets US$1.15B investment
The investment brings Cruise’s valuation to US$19 billion
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Musk doubles down on investment as Tesla raises capital goal
The cleantech firm said Friday that it’s raising the offer due to the positive response from Thursday’s announcement that it would try to raise US$2.3 billion
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Ontario introduces Toronto subway upload bill in omnibus legislation
The bill would make delivery of Toronto’s future rapid transit projects the sole responsibility of provincial agency Metrolinx
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TransCanada reports $1B first quarter profit, up from $734M a year ago
Executive says the increase was due to the strong performance of the company’s legacy assets
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Doug Ford meets with Jason Kenney at Ontario legislature [UPDATED]
Both premiers have strongly opposed the federal carbon tax, and both support pipelines
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EDC unveils $50M Women in Trade Investments Program
The export credit agency says it will work with women-owned and -led businesses that are strong candidates for significant export growth
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Telcoms firm unveils Global Artificial Intelligence Accelerator in Montréal
Ericsson selects Montreal for its global R&D location because of the area’s robust AI ecosystem
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Canadian LNG project in Oregon faces one year delay for regulatory approvals
Pembina Pipeline Corp. says it will minimize project spending at about $50 million this year, which is expected to result in construction delays for the Jordan Cove liquefied natural gas project
