Business

OTTAWA — The ability of Canada to develop the new technologies of the future is in jeopardy because entrepreneurs can’t get financing to see them through the recession, the Business Development Bank of Canada warns.

Jeremy Hocking of MD Interiors installs a door kick plate on the new Lacombe County administration building expansion. Completion of the 14,981-square-foot addition to the head office is nearing completion, with occupancy expected by late April or early May. The Scott Builders Inc. project is being paid for with $1.9 million in building reserves, $2.1 million from the county’s 2007 surplus and nearly $1.8 million through the province’s Municipal Sustainability Initiative.

CF Industries Holdings Inc. (NYSE:CF) again spurned a takeover bid from fertilizer giant Agrium Inc. (TSX:AGU), which last week sweetened its offer for the U.S. nitrogen producer.

Tourism spending in Canada increased 1.9 per cent in 2008, as outlays by Canadians at home continued to rise while those by international visitors decreased again.

Jim Roth continues to fill the sprawling premises he took over from The Brick last fall.

A burgeoning microdot business might seem like plenty for Certified Secure Identification Corp. to digest.

Louis Bouchard opens a small container and dabs some of its contents onto a business card.

EDMONTON — The world needs a new way to supervise and regulate financial systems to restore stability, the governor of the Bank of Canada said Monday.

WASHINGTON — The future of the North American auto industry was perched on a knife’s edge Monday after governments in Canada and the United States warned automakers to reinvent themselves or face bankruptcy.

Traumatized investors who fled from the stock-market mudslide and are clinging to safety in cash or bonds may have set themselves up to be deluged by another hard-to-imagine disaster: a torrent of inflation.