The Canadian Press

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 has quietly doubled its revenues, ranking sixth on the Fastest-Growing Companies in Eastern Ontario.

Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic. 

The central bank announced its interest rate decision Wednesday as economists widely expected no change in the policy rate.

Business insolvencies more than doubled in January compared with a year earlier as they also surpassed pre-pandemic levels for the month.

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 managers. 

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 stage for rate cuts in the coming months.

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 to restructure itself under the Bankruptcy and Insolvency Act.

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.

Members of Canada's tech community say they're worried the country is adopting AI too slowly, threatening its reputation as a leader in the sector, if the trend persists.

Loblaw Cos. Ltd. announced Tuesday the record investment plan, which includes the expansion and relocation of 10 stores and renovations at 700 locations across its banners.