CFIBÂ president Dan Kelly says many businesses that had to borrow to repay their CEBA loans are facing high interest rates and will be challenged to meet their payment obligations.
A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.
Parkland Corp. is looking to sell 157 convenience store and fuel station locations across six provinces, including locations under the Chevron, Ultramar, Pioneer and FasGas brands as well as the On the Run convenience store banner.
Canada’s annual inflation rate unexpectedly fell to 2.8 per cent last month, amid sharp declines in cellular and internet services as well as slower grocery price growth.
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 will be a bumpy one.
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 them will be indulging in alcohol.