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	<title>News Archives - Business In Focus Magazine</title>
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	<title>News Archives - Business In Focus Magazine</title>
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		<title>GFL signs $6.4B deal for Secure Waste</title>
		<link>https://businessinfocusmagazine.com/2026/05/gfl-signs-6-4b-deal-for-secure-waste/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Fri, 01 May 2026 04:06:52 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=38995</guid>

					<description><![CDATA[<p>Canada’s GFL Environmental Inc. has agreed to buy Secure Waste Infrastructure Corp. for $6.4 billion, a deal that includes Secure’s waste management business in Western Canada and North Dakota, which consists of over 80 locations including 12 landfills, 55 waste treatment facilities, 12 recycling facilities, 98 injection wells, and five transfer stations. “The acquisition of [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/gfl-signs-6-4b-deal-for-secure-waste/">GFL signs $6.4B deal for Secure Waste&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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<p>Canada’s GFL Environmental Inc. has agreed to buy Secure Waste Infrastructure Corp. for $6.4 billion, a deal that includes Secure’s waste management business in Western Canada and North Dakota, which consists of over 80 locations including 12 landfills, 55 waste treatment facilities, 12 recycling facilities, 98 injection wells, and five transfer stations.</p>



<p>“The acquisition of Secure will provide us with a highly complementary network of permitted waste processing and disposal assets that will densify our footprint in Western Canada, significantly enhance our scale and expand our ability to offer customers a full suite of waste management services,” GFL founder and CEO Patrick Dovigi said in a statement.</p>



<p>In a statement, Secure’s CEO Allen Gransch said, “The transaction will combine Secure’s hard to replicate infrastructure network with GFL’s broader platform, strengthening GFL’s ability to capture more waste streams across the value chain.”</p>



<p>Under the terms of the offer, Secure shareholders can choose to receive $24.75 in cash, 0.4195 of a GFL subordinate voting share, or a combination of both for each Secure share they hold, subject to limits to the total number of shares and cash available.</p>



<p>Cash available has been capped at 20 percent of the total payment to Secure shareholders, with GFL shares limited to 80 percent of the total amount to be paid under the deal, which is subject to shareholder approval and expected to close in the second half of the year. Secure shares were up $1.20 to $22.56 in trading on the Toronto Stock Exchange after the announcement was made, while GFL shares were down $1.89 to 59.62.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/gfl-signs-6-4b-deal-for-secure-waste/">GFL signs $6.4B deal for Secure Waste&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>RBC, Scotiabank step back climate goals</title>
		<link>https://businessinfocusmagazine.com/2026/05/rbc-scotiabank-step-back-climate-goals/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Fri, 01 May 2026 04:05:50 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=38989</guid>

					<description><![CDATA[<p>Both RBC and Scotiabank have announced plans to pull back on their climate goals, dropping their previously set 2030 targets for reducing emissions. There were many reasons cited for the change in direction including government policy, geopolitical developments, and energy demand. Specific to RBC, the bank established goals to reduce funded emissions for the oil [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/rbc-scotiabank-step-back-climate-goals/">RBC, Scotiabank step back climate goals&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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<p>Both RBC and Scotiabank have announced plans to pull back on their climate goals, dropping their previously set 2030 targets for reducing emissions. There were many reasons cited for the change in direction including government policy, geopolitical developments, and energy demand.</p>



<p>Specific to RBC, the bank established goals to reduce funded emissions for the oil and gas, power generation, and automotive sectors in 2022, with hopes of working toward net-zero financed emissions by 2050. The bank also noted that its interim targets cannot be reasonably achieved. It has reaffirmed its long-term ambition previously set for 2050 but will do so only with supportive policy and technological advancements.</p>



<p>In its sustainability report, Scotiabank’s actions on climate change haven’t evolved with expectations which has led to the withdrawal of its interim and long-term targets for financed emissions, citing factors such as the U.S. curbing major parts of the Inflation Reduction Act, the elimination of the carbon tax in Canada, and the lack of implementation of an oil and gas emissions cap, as well as the rising demands on energy from AI and advanced technologies.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/rbc-scotiabank-step-back-climate-goals/">RBC, Scotiabank step back climate goals&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>Canada to host first-ever Investment Summit</title>
		<link>https://businessinfocusmagazine.com/2026/05/canada-to-host-first-ever-investment-summit/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Fri, 01 May 2026 04:04:51 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=38991</guid>

					<description><![CDATA[<p>Canadian Prime Minister Mark Carney has announced the country’s first-ever Investment Summit, part of an ambitious plan to catalyze $1 trillion in total investment in Canada over the next five years. The Rt. Hon. Prime Minister stated, “Canada has what the world wants. We are a superpower in both clean and conventional energy, with vast [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/canada-to-host-first-ever-investment-summit/">Canada to host first-ever Investment Summit&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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<p>Canadian Prime Minister Mark Carney has announced the country’s first-ever Investment Summit, part of an ambitious plan to catalyze $1 trillion in total investment in Canada over the next five years.</p>



<p>The Rt. Hon. Prime Minister stated, “Canada has what the world wants. We are a superpower in both clean and conventional energy, with vast deposits of critical minerals. We have free trade deals with countries covering 1.5 billion people and are the most-tax competitive country in the G7 for new business investment. We have one of the world’s most educated workforces, the lowest net debt-to-GDP ratio in the G7, and the fiscal capacity to act decisively. Our government is ensuring that these strengths benefit all Canadians, as we build a Canada for all.”</p>



<p>As such, the Canada Investment Summit, which is planned for September 14 – 15, 2026, in Toronto, Ontario, will bring together the world’s largest investors, including top CEOs, entrepreneurs, and prominent global business leaders to support nation-building projects and create new opportunities to grow the Canadian economy.</p>



<p>The Summit will be hosted by the federal government in partnership with the Canada Pension Plan Investment Board (CPP Investments) and the Public Sector Pension Investment Board (PSP Investments), two of Canada’s largest and most sophisticated institutional investors, to strengthen Canada’s position as a top global destination for foreign direct investment (FDI).</p>



<p>Over the last year, Canada has secured more than 20 new economic and defence partnerships and $97 billion in foreign investment commitment in support of its effort to build a stronger, more independent, and resilient economy through a focus on clean energy, critical minerals, and new technologies and artificial intelligence.</p>



<p>Canada consistently ranks among the top destinations for FDI confidence, with a AAA credit rating, the lowest net debt-to-GDP ratio in the G7, and the number one ranking among G7 countries for banking stability, as well as one of the world’s most educated workforces.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/canada-to-host-first-ever-investment-summit/">Canada to host first-ever Investment Summit&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>Major grocers still overcharging for meat</title>
		<link>https://businessinfocusmagazine.com/2026/05/major-grocers-still-overcharging-for-meat/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Fri, 01 May 2026 04:03:52 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=38993</guid>

					<description><![CDATA[<p>A CBC investigation has found that major Canadian grocers continue to charge too much for underweight meat, one year after a similar probe uncovered the unethical and deceptive practice. Loblaw and Sobeys-affiliated stores were the target of a secret shopping investigation which found that despite claims that these chains were taking steps to rectify the [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/major-grocers-still-overcharging-for-meat/">Major grocers still overcharging for meat&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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<p>A CBC investigation has found that major Canadian grocers continue to charge too much for underweight meat, one year after a similar probe uncovered the unethical and deceptive practice.</p>



<p>Loblaw and Sobeys-affiliated stores were the target of a secret shopping investigation which found that despite claims that these chains were taking steps to rectify the problem, consumers are still being overcharged for underweight meat, which collectively results in millions of dollars in overcharges.</p>



<p>Over the past two months, CBC visited 17 Loblaw-owned or Sobeys-affiliated stores in the Toronto, Vancouver, and Halifax areas where meat was found to be weighed and priced with the packaging included. Under federal regulations, the posted net weights for food and corresponding price must exclude the weight of the packaging.</p>



<p>CBC purchased and documented 32 underweight meat products from seven stores: two Safeways and a Thrifty Foods in North Vancouver (owned by Sobeys); two Farm Boys in the Greater Toronto Area (owned by Sobeys’ parent company Empire); and two Real Atlantic Superstores in the Halifax area, which their owner, Loblaw, now calls Real Canadian Superstores. Overcharges ranged from two to 16.7 percent.</p>



<p>As grocery prices are up 30 percent over the last five years, this isn’t a good look for the grocery retailers, particularly Farm Boy where the highest overcharges were discovered.</p>



<p>In light of the overcharges last year, the Canadian Food Inspection Industry (CFIA) has increased its unannounced meat weight spot checks and has issued warnings to seven retailers, but no fines to date.</p>



<p>In an email to CBC, Loblaw said the problem was limited to one product at a “small number” of stores, and that it has since reviewed protocols with staff. Karen White-Boswell, spokesperson for Sobeys and Empire, did not dispute CBC’s findings, but did not address them directly, stating in an email, “On occasion when errors occur, we investigate the issue so that it can be corrected.” Regarding Farm Boy, she said the chain is supplied by a third party and that “these products are packaged and weighed at a CFIA-certified facility,” though this was disputed by CFIA who noted that it does not certify facilities and that the onus is on the companies to comply with federal regulations.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/major-grocers-still-overcharging-for-meat/">Major grocers still overcharging for meat&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>BMO receives $4M fine for overcharges</title>
		<link>https://businessinfocusmagazine.com/2026/05/bmo-receives-4m-fine-for-overcharges/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Fri, 01 May 2026 04:02:49 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=38987</guid>

					<description><![CDATA[<p>More than 101,000 Canadians were found to be overcharged by Bank of Montreal (BMO) after being charged for a discounted product. The product was marketed specifically to newcomers, students, and Indigenous clients, who were incorrectly charged fees for monthly plans that should have been waived or discounted. The $4 million fine was imposed by the [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/bmo-receives-4m-fine-for-overcharges/">BMO receives $4M fine for overcharges&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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<p>More than 101,000 Canadians were found to be overcharged by Bank of Montreal (BMO) after being charged for a discounted product. The product was marketed specifically to newcomers, students, and Indigenous clients, who were incorrectly charged fees for monthly plans that should have been waived or discounted.</p>



<p>The $4 million fine was imposed by the Financial Consumer Agency of Canada (FCAC), which is the federal body responsible for regulating the financial market to protect consumers. The bank took responsibility for the billing errors that resulted in the overcharges, though the issue spanned more than a decade and garnered over 500 consumer complaints before being resolved.</p>



<p>In 2010, BMO launched discounted banking programs geared toward newcomers to Canada, medical and dental students, Indigenous banking clients, and participants in a home financing promotion who at the time received written confirmation of the fee waivers, but the document listed an incorrect start date which led to repeated clerical errors and overcharges.</p>



<p>The incorrect disclosure was compounded between 2022 and 2024 when the bank once again failed to clearly communicate when fees would commence. FCAC also notes that BMO employees did not consistently apply the correct procedures, issues that were missed by its internal controls.</p>



<p>In accordance with the Bank Act, federally regulated banks are required to clearly disclose all fees in advance of charging them. Even after repeated complaints, the matter persisted. This negligence in failing to prevent and detect the problem is grounds for the multi-million dollar fine.</p>



<p>BMO spokesperson Jeff Roman said the bank proactively reimbursed customers and self-reported the matter to the FCAC. Refunds and interest totalled more than $3 million and where funds could not be returned directly to accounts or accountholders, the bank made a charitable contribution of more than $600,000.</p>



<p>If you were in one of the affected groups and have not received a refund or any communication from BMO, here&#8217;s what to do:</p>



<p>Review your statements from the time you enrolled; if you were charged a monthly plan fee on an account that should have been discounted or free, document it and contact BMO directly and reference FCAC Summary of Proceeding #4, published February 2, 2026 and ask whether your account was part of an affected program and confirm whether a refund was issued.</p>



<p>If a refund was not applied to your account and BMO indicates a charitable donation was made in lieu, ask for a full accounting of what amount was calculated for your account. If BMO does not respond or resolve your concern, file a complaint with the FCAC at canada.ca/en/financial-consumer-agency</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/bmo-receives-4m-fine-for-overcharges/">BMO receives $4M fine for overcharges&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>Space Tech Expo USA 2026 moves to Anaheim: a new era</title>
		<link>https://businessinfocusmagazine.com/2026/05/space-tech-expo-usa-2026-moves-to-anaheim-a-new-era/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Fri, 01 May 2026 04:01:48 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=38979</guid>

					<description><![CDATA[<p>Space Tech Expo USA is thrilled to announce its relocation to the Anaheim Convention Center, California, for the 14th edition, taking place June 2 – 4, 2026. This move marks a significant milestone in the event’s history, as it expands into a bigger venue to elevate its role as a hub for the space sector. [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/space-tech-expo-usa-2026-moves-to-anaheim-a-new-era/">Space Tech Expo USA 2026 moves to Anaheim: a new era&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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<p>Space Tech Expo USA is thrilled to announce its relocation to the Anaheim Convention Center, California, for the 14th edition, taking place June 2 – 4, 2026. This move marks a significant milestone in the event’s history, as it expands into a bigger venue to elevate its role as a hub for the space sector.</p>



<p>Why Anaheim? Steeped in history and renowned for hosting iconic events, Anaheim offers a vibrant mix of business and leisure opportunities. It hosts a specialized space industry ecosystem featuring manufacturers of high-precision components, advanced materials testing, and satellite electronics to support the major Southern California aerospace primes, and is a hub for specialized suppliers, being closely linked to nearby aerospace OEMs such as Rocket Lab, Impulse Space, Boeing, Relativity Space, and Vast.</p>



<p>The Anaheim Convention Center, the largest venue on the West Coast, provides the perfect launchpad for Space Tech Expo USA to grow in size and scope, enabling attendees to forge deeper connections and explore groundbreaking advancements in space technology.</p>



<p>As for what to expect? “We’re looking forward to welcoming over 350 exhibitors, featuring global companies as well as local Anaheim businesses such as Bisco Industries, Cobra Scientific, and Serra Laser, says Gordon McHattie, Event Director at Space Tech Expo. “This will be our largest event yet, showcasing a variety of solutions from electronic components, design services, and mechanical components, to security, optics, test &amp; measurement, interconnect, and software. So join us to engage with the industry and dive straight into finding your next solution!”</p>



<p>Hear from over 70 expert speakers as they discuss the latest challenges and innovations at the Industry Conference and the Technology Conference. New for this year is the Skills Lab, which will be packed with workshops and masterclasses designed to inspire, connect, and empower attendees through hands-on learning opportunities.</p>



<p>And in a new partnership, Space Tech Expo USA is partnering with Aviation Week, a leader in aerospace multimedia information services and tradeshow and conference production, engaging an extensive community of top-tier OEM and system integration professionals. Together, they’re expanding the event’s reach, introducing new features (including the Space Tech Challenge Awards), and continuing to bring unparalleled expertise to the floor.</p>



<p>From satellite technology and launch services, to engineering solutions and subsystems, the event will bring together industry leaders, decision-makers, and innovators to solve current challenges and help shape the future of space exploration.</p>



<p>To be part of the conversation, register to attend at <a href="https://www.spacetechexpo.com/" type="link" id="https://www.spacetechexpo.com/" target="_blank" rel="noreferrer noopener">spacetechexpo.com</a>.</p>



<p><em><strong>About Space Tech Expo USA:</strong></em><br>Space Tech Expo USA consists of two days of knowledge sharing and networking alongside a supply chain exhibition. The free-to-attend exhibition and conference will showcase the very latest technology from technical designers, sub-systems suppliers, manufacturers, and components through to systems integrators for civil, military, and commercial space. The event was established in 2012 and is a B2B trade event for aerospace and related industry professionals / government / academia only.<br></p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/05/space-tech-expo-usa-2026-moves-to-anaheim-a-new-era/">Space Tech Expo USA 2026 moves to Anaheim: a new era&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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