Local unemployment rate drops to 7% in January
Ottawa-Gatineau’s unemployment rate dropped to 7 per cent in January, compared to 7.4 per cent in December. The local economy gained 2,500 jobs last month
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Bank of Canada holds key interest rate steady at 2.25% in soft economy
The Bank of Canada held its benchmark interest rate steady Wednesday and forecasts a gradual economic recovery from the U.S. tariff shock. The policy rate
Bank of Canada expected to keep key rate steady this week — and maybe all year long
Many economists expect no change in the Bank of Canada’s benchmark interest rate later this week — and, possibly, for the rest of the year.
Surprise inflation hike won’t knock Bank of Canada off sidelines, economists say
Inflation closed out 2025 with a surprise uptick, but economists weighing in Monday argued there was little cause for concern under the hood to warrant
National home sales fell nearly 2% in 2025 after trade war fuelled uncertainty: CREA
The Canadian Real Estate Association expects national home sales to grow 5.1 per cent in 2026, marking a rebound from last year’s tariff-induced slowdown in
Local unemployment rate remains at 7.4%, as national rate jumps to 6.8%
Ottawa-Gatineau’s unemployment rate remained stable at 7.4 per cent in December, even as more people entered the market looking for work. The local economy gained
Minto Apartment REIT going private with Crestpoint in $2.3-billion deal
Minto Group is taking its apartment-focused real estate investment trust private in a $2.3-billion deal with Crestpoint Real Estate Investments LP as Canada’s rental market
CMHC reports November housing starts up 9.4 per cent from October
Canada Mortgage and Housing Corp. says the annual pace of housing starts in the country rose 9.4 per cent in November. Housing starts in Ottawa-Gatineau,
November home sales down almost 11% annually as market hits ‘holding pattern’: CREA
National home sales fell 10.7 per cent in November compared with the same month last year as the Canadian Real Estate Association says activity has
Canopy Growth signs deal to buy MTL Cannabis in agreement valued at $125M
Canopy Growth Corp. has signed a deal to buy Quebec-based MTL Cannabis Corp. in a transaction valued at about $125 million. The deal is expected
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