The federal government bet billions on a global hydrogen revolution to secure Canada's place in this emerging sector, but in April it quietly noted the expected market to be worth just 16% of its 2020 estimate.
Canadian oil and gas companies facing a federally imposed emissions cap will decide to cut their production rather than invest in too-expensive carbon capture and storage technology, a new report by Deloitte says.
Dominic Barton, the former global managing director of McKinsey & Company, says he had no involvement in federal contracts awarded to the firm in recent years.
The federal government has awarded international accounting firm Deloitte a $16-million contract to build a national computer system to manage the COVID-19 vaccine rollout.
Oil analysts say a rebound in the world's hunger for oil has already started after demand destruction caused by the COVID-19 pandemic fell far short of what many experts had expected.
More than one in five Canadian companies say they were hit by a cyberattack last year, with businesses spending $14 billion on cybersecurity as they confront greater risks in the digital world, according to a new Statistics Canada survey.