Economists expect inflation rate ticked up above 3% last month amid higher gas prices
Economists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back to two per cent inflation
As alcohol consumption declines, a St. Patrick’s Day with fewer raised glasses
The usual sight of green-clad revellers celebrating St. Patrick’s Day is expected across Canada on Sunday — but compared with a decade ago, fewer of
Techopia Live: Arnprior-based Convergence doubles revenues amid evolving tech landscape
Techopia Live is heading out to the Ottawa Valley. Based in Arnprior, Convergence Design Services dates back to the 1990s, but more recently the company
Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts
Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic.
Tight-lipped Bank of Canada holds key interest rate at 5%, says it’s too early to cut rates
The central bank announced its interest rate decision Wednesday as economists widely expected no change in the policy rate.
Business insolvencies leap higher in January from a year earlier, led by bankruptcies
Business insolvencies more than doubled in January compared with a year earlier as they also surpassed pre-pandemic levels for the month.
Canada lags behind peer countries on female representation in management: report
In a new report Tuesday, the Canadian Chamber of Commerce said Canada lags behind nearly half of its OECD peers in its share of female
BoC expected to hold interest rates this week as grey cloud hangs over economy
The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the
Body Shop Canada files for bankruptcy protection, plans restructuring
The Body Shop Canada Ltd. says it will close 33 stores, including three stores local to Ottawa, and halt its e-commerce operations as it seeks
Canada averts recession with meagre growth in Q4, consumers and businesses pinched
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
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