About this time last year, Michael Andlauer walked off his plane and into the car of Ottawa business mogul Jeff York. They drove to a nearby hotel-lobby steakhouse where the men spoke for four hours. A year later, the Ottawa Senators entire ownership pyramid is bonded by a singular goal.
The PBO says higher interest rates will lead the economy to stagnate in the second half of the year, while the federal deficit rises significantly this fiscal year.
Cannabis legalization has had wide-reaching effects and made its use more accessible and acceptable. Yet the razzle-dazzle days where money was no object and sky-high demand was expected are gone, replaced by a sobering reality: legalization has fallen well short of expectations.
A review of the federal legislation that paved the way for the legal recreational use and sale of cannabis says companies in the legal market report struggling to realize profits and maintain financial viability.
The two departing organizations say the unification of the accounting profession will not be undone, and that they're doing what's best for their members, but CPA Canada says the decision puts the profession at risk.
Months after artificial intelligence luminaries began ringing alarm bells about the technology's risks, one of the field's pioneers says he feels like people are listening.
Competition Bureau commissioner Matthew Boswell says new research from the bureau finds the competition intensity in the country has decreased over the last two decades.