Local unemployment rate drops to 6.7% in February, as national rate increases
Ottawa-Gatineau’s unemployment rate dropped to 6.7 per cent in February, compared to 7 per cent in January. The local economy gained 6,300 jobs last month
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The Canadian Press
Business Development Bank boosts funds available to defence-sector entrepreneurs
The Business Development Bank of Canada is increasing the funds available to entrepreneurs looking to take advantage of an anticipated boom in defence spending. Late
Commercial real estate activity expected to rise in 2026 amid return-to-office trends
A new report says office leasing activity in Ottawa is expected to pick up this year in part due to return-to-office mandates, while the region’s
Inflation ticks down to 2.3% in January amid lower gas prices: StatCan
Ottawa’s inflation rate decreased to 2.4 per cent in January, down from 2.6 in December. Statistics Canada says lower prices at the pump and easing
Shopify sees jump in number of sales AI searches are generating: president
Shopify Inc. is seeing signs that shoppers are growing increasingly comfortable with artificial intelligence. Harley Finkelstein, president of the software giant, said Wednesday that the
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
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
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