Aboriginal Business Magazine Your source for Aboriginal Business News

In this photo provided by the United Nations, South African President Cyril Ramaphosa speaks in a pre-recorded message played during the 75th session of the United Nations General Assembly, Tuesday, Sept. 22, 2020, at U.N. headquarters in New York. The U.N.’s first virtual meeting of world leaders started Tuesday with ...

By Sam Laskaris, Local Journalism Initiative Reporter Four panelists at a presentation held on Wednesday during the Canadian Council for Aboriginal Business (CCAB) online Business Recovery Forum said the federal government’s procurement strategy is not only failing Indigenous entrepreneurs, it’s wasting their precious time and resources. It’s no secret that ...

By Andrew Autio Local Journalism Initiative Reporter THE DAILY PRESS The next step for the reconciliation of First Nations people is business ownership, including mines, according to Ontario Regional Chief RoseAnne Archibald of the Taykwa Tagamou Nation near Cochrane. At Wednesday’s 71st-annual general meeting of the Timmins Chamber of Commerce, ...

By Anita Balakrishnan OTTAWA- About $1 billion worth of mortgage payments were deferred each month during the pandemic, Canada Mortgage and Housing Corp. said on Thursday. The calculation, released in CMHC’s annual residential mortgage industry report, is based on Equifax Canada’s estimate that the average monthly mortgage payment in Canada ...

By Martin Crutsinger THE ASSOCIATED PRESS WASHINGTON- The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus. The Fed report made public Wednesday said that a theme echoed across the country is ...

By Rod McGuirk THE ASSOCIATED PRESS CANBERRA, Australia- Rio Tinto chief executive Jean-Sebastien Jacques will lose around $3.5 million in bonuses due to the destruction of Australian indigenous sacred sites to access iron ore, the mining company said on Monday. The Anglo-Australia mining giant announced that three executives would lose ...

TORONTO-The Chinese company trying to buy TMAC Resources Ltd. has appointed a Barrick Gold Corp. veteran as CEO of its Canadian operations even though the deal is still being reviewed by Ottawa. Hong Kong-traded Shandong Gold Mining Co. Ltd. says it has appointed Mark Wall as CEO of Streamers Gold ...

OTTAWA- Deputy Prime Minister Chrystia Freeland says Canada will hit back against U.S. tariffs on Canadian aluminum with $3.6 billion in tariffs of our own. Freeland says the tariffs will match dollar-for-dollar the costs of the planned 10 per cent import tariff on Canadian raw aluminum that will apply starting ...