Investments in public transit, housing headline Ottawa’s draft budget for 2024
The City of Ottawa released its 2024 draft budget Wednesday, a proposed $4.6-billion operational portfolio that keeps property tax increases capped at 2.5 per cent
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The Canadian Press
BoC’s governing council split on whether interest rates need to rise further
Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates
Small businesses still hoping for CEBA loan forgiveness extension as time runs out
As the deadline to repay CEBA loans and receive partial forgiveness approaches, small businesses are still hoping the federal government will reverse course and extend
Telecom companies discuss increased adoption of AI at annual conference
As Canada’s telecom sector undergoes technological changes, artificial intelligence could be leveraged to predict and reduce network outages or change the way customer service is
Canadian business insolvencies rise almost 42 per cent from last year
Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Shopify reports strong profit amid lower head count, strategy shift
Shopify Inc.’s net income soared to US$718 million in its third quarter as the company benefited from a lower head count and a more careful
Ontario scraps its portion of HST on purpose built rentals
The province has been saying it would remove its eight per cent portion of HST if the federal government dropped the five per cent goods
Forecasters more certain interest rate hikes are over as recession talk grows over GDP numbers
The Canadian economy remained flat in August and a preliminary estimate from Statistics Canada suggests it shrank in the third quarter.
St. Lawrence Seaway traffic starts moving as strike ends, but backlogs persist
The St. Lawrence Seaway Management Corp. says ships are expected to start moving this morning after it reached a tentative deal with Unifor to end
Sleep Country to give Silk & Snow acquisition first brick and mortar presence in new Ottawa store
The mattress and bedding retailer says its latest Sleep Country location in Ottawa will be anchored by a shop dedicated solely to Silk & Snow.
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