Business Brief: Canada taps into a shifting defence industry

News Snapshot:

Good morning. The federal government is placing a bet on Europe’s rearmament efforts – a move aimed at deepening alliances and rebuilding industrial muscle. Business leaders say defence spending could be an important driver of Canada’s economic growth. Below, more on how the country’s best economic offence could be a strong defence. Today’s news Insurance: Definity Financial Corp. is set to acquire the Canadian operations of U.S. insurance giant Travelers for $3.3-billion, vaulting it into fourth place among property and casualty insurers in Canada. Energy: A coalition of Alberta landowners and scientists has filed a regulatory appeal against the province’s...