AGP Executive Report
Last update: 8 hours agoDowntown Boost: Winnipeg and Manitoba are putting $1.4M toward a new Storefront Success grant program, offering eligible businesses up to $200,000 to improve downtown storefronts and help new shops open and grow. Payments Deal: RBC and BMO agreed to sell Moneris to Francisco Partners for about C$2B, a major shift for Canada’s merchant payments market that still needs regulatory approval. Air Canada & Loyalty: Air Canada announced a $2.5B minority equity investment in Aeroplan led by Blackstone and La Caisse, with Air Canada keeping control—aimed at funding bond repayment and share buybacks. SME Tech for Finance Teams: Three Link Solutions launched ExpenseGuard on the Workday Marketplace to flag expense report anomalies and speed up high-risk reviews. Energy & Growth Signals: Westport’s Cespira joint venture reported 125% Q2 revenue growth on LNG HPDI demand, while Cavvy Energy raised 2026 guidance after strong Q2 operating results. Local Business Hiring/Jobs: A new employment hero survey says Canadian SMEs are optimistic for fall but more disciplined on hiring and AI investment.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.