BUSINESS · VERIFIED DEVELOPMENT
Leadership Shakeups at Federal Investment Agencies
WHY IT MATTERS
The leadership shakeups at federal investment agencies could have significant implications for Canada's economic development and infrastructure projects, with potential consequences for the country's growth and competitiveness.
What happened
Leadership changes are underway at two federal investment agencies. According to reports, the changes are part of a broader effort to revamp the agencies' leadership structure. The Globe and Mail reports that the changes are aimed at improving the agencies' effectiveness and efficiency.
The agencies in question are the Canada Infrastructure Bank and the Canada Development Investment Corporation. The leadership shakeups come as the G20 finance ministers and central bankers meet to discuss global economic issues. The meeting is being held in a virtual format due to ongoing global health concerns.
Meanwhile, a parole hearing for Brayden Bushby, a Canadian man convicted of terrorism-related charges, has been scheduled for later this month. A lawsuit related to greenhouse gas emissions is also making headlines, with several provinces suing the federal government over its climate change policies.
PRIMARY SOURCES
Morning Update: Shakeups at federal investment agencies
The Globe and Mail · Sierra Bein · Discovery only; publisher copyright and subscription terms apply