Source Feed: Ottawa Citizen
Author: Matteo Cimellaro
Publication Date: June 11, 2026 - 16:37
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$5M threshold for 'Buy Canadian' federal procurement policy still too high, business group says
June 11, 2026
The federal government's new "Buy Canadian" policy is still shutting out small businesses due to restrictions to contracts of $5 million or more, the Canadian Federation of Independent Businesses told Parliamentarians on June 11. Read More
Unpublished Newswire
Canada is the thirteenth richest nation in the world, according to a new report from Swiss bank, UBS . According to the 2026 edition of the bank’s annual Global Wealth Report, global wealth grew rapidly in 2025, with personal wealth rising by over 10 per cent, the “fastest pace in years.” The report points to North America as the richest region in the world, driven by the United States, which UBS says is the second richest country globally, with an average wealth per adult of US$696,277 ($988,000) in 2025. The U.S. sits behind Switzerland, which holds the top spot with an average...
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