Latest news with #CrownCorporations
CTV News
28-06-2025
- Business
- CTV News
Feds order Chinese tech firm to close Canadian operations over national security
In this Tuesday, Oct. 23, 2018, file photo, visitors pass by a booth for state-owned surveillance equipment manufacturer Hikvision at the Security China 2018 expo in Beijing, China. (AP Photo/Ng Han Guan, File) The federal government is ordering a Chinese maker of surveillance camera systems to shutter its Canadian business and leave the country over national security concerns. Industry Minister Mélanie Joly says in a post on X that the orders issues to Hikvision Canada Inc. are the result of a national security review under the Investment Canada Act. As part of the review, Joly says the government looked at information and evidence provided by Canada's security and intelligence community. She says the government ultimately determined allowing the company to keep operating in Canada would be harmful for the country's national security. On top of ordering Hikvision Canada to shut down, Joly says she is also moving to ensure the federal government, its departments, agencies and Crown corporations do not use or purchase equipment from the company. She says the government is also conducting a review of its properties to ensure legacy Hikvision products are not used going forward. She says the public should make note of these moves but stopped short of urging them to stop using Hikvision technology as well.
Yahoo
28-06-2025
- Business
- Yahoo
Feds order Chinese tech firm to close Canadian operations over national security
The federal government is ordering a Chinese maker of surveillance camera systems to shutter its Canadian business and leave the country over national security concerns. Industry Minister Mélanie Joly says in a post on X that the orders issues to Hikvision Canada Inc. are the result of a national security review under the Investment Canada Act. As part of the review, Joly says the government looked at information and evidence provided by Canada's security and intelligence community. She says the government ultimately determined allowing the company to keep operating in Canada would be harmful for the country's national security. On top of ordering Hikvision Canada to shut down, Joly says she is also moving to ensure the federal government, its departments, agencies and Crown corporations do not use or purchase equipment from the company. She says the government is also conducting a review of its properties to ensure legacy Hikvision products are not used going forward. She says the public should make note of these moves but stopped short of urging them to stop using Hikvision technology as well. This report by The Canadian Press was first published June 28, 2025. The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Saskatchewan Crown corporations raise $510 million in consolidated net earnings
REGINA — Saskatchewan's Crown corporations are reporting consolidated net earnings of $510 million for this year, slightly lower than last year. Among the province's largest money-makers was Lotteries and Gaming Saskatchewan, bringing in $223 million. Saskatchewan's big four — SaskPower, SaskTel, SaskEnergy and SGI Canada — raised $291 million before adjustments. Consolidated net earnings were $578 million last year. This year, the corporations will pay $240 million in dividends to the province's general revenue fund. Crown Investments Corporation Minister Jeremy Harrison says the companies made record investments in infrastructure while maintaining low utility rates. This report by The Canadian Press was first published June 23, 2025. Jeremy Simes, The Canadian Press
Globe and Mail
14-06-2025
- Politics
- Globe and Mail
Letters to the editor, June 14: ‘American tourists … without exception they expressed sorrow and embarrassment at their President's behaviour toward Canadians'
Re 'It's time to rein in Canada's runaway Crown corporations' (Opinion, June 7): While there is a 5-per-cent share for the CBC's English television, there is also the 23.4-per-cent share for French television, 14.6 per cent for English radio and 24.8 per cent for French radio. Last year, 65 per cent of Canadians used at least one of the CBC's services in a typical month. Forty years ago, the CBC's parliamentary appropriation was about $1.09-billion. Last year, it was $1.44-billion. When adjusted for inflation, that's a 50-per-cent cut. During the same period, Canada's population has grown by 54 per cent. Not exactly a 'runaway corporation.' The CBC has lost audience share in part because of fragmentation caused by digital platforms. This is most pronounced on English television, where the CBC competes with U.S. programming. It would be naive not to expect consequences from the dramatic reductions in the CBC's grant. The CBC is not perfect. Let's make it better, not rein it in. Tony Manera Former president, CBC; Ottawa Re 'Canada's national archives need more than just a facelift' (Opinion, June 7): Contributor Charlotte Gray has done us the important service of revealing the impoverished state of our national collection of historical documents at Library and Archives Canada. At this time of national reckoning and rediscovery, Canadians need knowledge of their country more than ever, especially since Canadian history has almost vanished from school curricula. Mark Carney's ambitious plans for rebuilding Canada should include new resources for this vital institution to do its job. Roy MacSkimming Perth, Ont. Re 'The Hockey Canada trial shows how we need to be talking to young men' (Opinion, June 7): The toxic behaviours of many men is disturbing. Whether a result of cultural norms, familiar influences, online activities or patriarchy, I'm uncertain. But I'm certain that calling out noxious behaviours and using laws to enforce aggrieved acts should coincide with educated discussions about fair treatment for all. Men, including young men, should know better. Gregory Enright Hamilton Many years ago, in my late 20s, I was on a bus in Vancouver, sitting in the back half along with a group of young men. They were high-school-aged and talking loudly and performatively. I don't recall the details, but it had toxic male overtones that made me uncomfortable. I wondered how they could talk like that right in front of me. Eventually another man, probably around 40 years old, went and sat with them. He spoke quietly with them for the rest of the ride. I don't know what he said, but they quieted down and listened. I thanked him after we had gotten off the bus. It took awareness, concern, thoughtfulness, responsibility and perhaps some bravery to speak to the young men. I hope it made a lasting impression on them, as it did on me. Are there still men who would do that today? I hope so. Tuula Talvila Ottawa Re 'A river cruise with our American frenemies – what could go wrong?' (Opinion, June 7): I have had only positive encounters with American tourists. On my recent holiday to Milan and Lake Como, my identical twin sister and I met many Americans from a variety of states. Without exception they were friendly, kind and respectful. Without exception they expressed sorrow and embarrassment at their President's behaviour toward Canadians. Earlier in February, we had a similar experience on a two-week prepaid holiday to Florida. Without exception, Americans from all over approached us expressing their discomfort and regret with Donald Trump's actions. One family from Florida even invited us to join them for lunch. We reciprocated with polite gratitude, feeling proud and thankful that we live in such a wonderful country. Elaine Snider Toronto Our recent travel experience in the United States could not have been more different from this tale of woe. We have enjoyed an annual trip to a beach in North Carolina for more than 20 years. We did think twice about going this May, but had prepaid for our condo so off we went. Clearing U.S. customs at Toronto Pearson International Airport was efficient and ended with the agent saying, with a smile, 'Enjoy your trip.' When it came up naturally during interactions with North Carolinians, we did not disguise our citizenship. A typical, fairly illustrative interaction was with a woman in the grocery checkout line. When she heard our accents and we answered her question about where we were from, she said, 'Well, welcome, y'all. We are so glad you're here.' Martin Birt Uxbridge, Ont. We recently returned from a two-week cruise around the British Isles and along the Norwegian coast with about 900 other passengers, most of whom were American. The many U.S. travellers who we met over meals and other activities were uniformly gracious and apologetic regarding the actions of their President and his administration. We met none of the 'ugly Americans' as depicted. While we won't travel to the United States while the Trump crowd is in control, personal contacts with Americans abroad or here should not be discouraged. Richard Mosley Ottawa I had a similar experience on a transatlantic crossing during Donald Trump's first term. At dinner on the first night, an American next to me, on learning I was Canadian, started berating me on the evils of Canada's system of socialist health care. I replied with the usual statistics most Canadians know: health care per capita is much less costly in Canada than in the United States; health outcomes are significantly better on our side of the border; essentially every Canadian has coverage while millions of Americans are still uninsured. My neighbour pointedly ignored me for the rest of the meal. The following evening, he moved to another table. We met many sympathetic Americans on this and other trips. I guess we had bad luck in encountering a prototypical 'ugly American' this once. Sadly, there seem to be many more of them as we suffer through Mr. Trump's second term. Charles Magill Ottawa Re 'Bruce Flatt has some advice for investors: One day this will all be forgotten' (Report on Business, June 7): 'In the long run, we are all dead.' –John Maynard Keynes, 1923. Capitalism: Plus ça change, plus c'est la même chose. Paul Childs Edmonton Letters to the Editor should be exclusive to The Globe and Mail. Include your name, address and daytime phone number. Keep letters to 150 words or fewer. Letters may be edited for length and clarity. To submit a letter by e-mail, click here: letters@
CTV News
12-06-2025
- Business
- CTV News
N.B. government to eliminate more interprovincial trade exceptions
The New Brunswick flag waves in front of the legislative building in Fredericton. (Laura Brown/CTV Atlantic) The New Brunswick government says it is taking more steps to remove trade barriers between provinces, as it looks to lead the way when it comes to internal trade. The province announced Thursday it would remove five party-specific exceptions under the government procurement chapter of the Canadian Free Trade Agreement: Atlantic Lottery Corporation wastewater commissions regional service commissions (formerly solid waste commissions) Fredericton Area Pollution Control Commission and Greater Moncton Sewerage Commission newly created entities (for example, Crown corporations) The province says the removal of the exception for newly created entities is immediate and the other four will take effect Sept. 1, allowing time for the organizations 'to adjust to new procurement requirements.' 'New Brunswick is moving full steam ahead on removing interprovincial trade barriers and improving the flow of workers, goods and services in and out of New Brunswick,' said Premier Susan Holt. Earlier this year, on March 20, New Brunswick announced the removal or amendment of 10 party-specific exceptions for: Provincial Holdings Ltd. Forest Protection Ltd. New Brunswick Research and Productivity Council New Brunswick Arts Board New Brunswick Credit Union Deposit Insurance Corp. New Brunswick Farm Products Commission New Brunswick Museum the procurement of goods restricted by law from interprovincial movement mining fisheries and aquaculture (narrowed – only applied reciprocally to other jurisdictions that maintain the same exception) 'As part of our work with the committee on internal trade, we pledged to quickly review all of New Brunswick's 32 party-specific exceptions,' said Intergovernmental Affairs Minister Jean-Claude D'Amours. 'We're pleased to have cut that number by nearly half since the beginning of the year, and we remain committed to exploring further opportunities to remove barriers and the remaining exceptions.' For more New Brunswick news, visit our dedicated provincial page.
