Restaurants hope for holiday boom, but looming recession causes concern
Some restaurants and bars are starting to book holiday parties, but it remains to be seen whether bookings will return to pre-pandemic levels, expert says.
Skip to content
The Canadian Press
Canopy warns Nasdaq objects to plans for U.S. holding company, could delist pot firm
Canopy Growth Corp. is warning a U.S. holding company it wants to set up could be delisted from the Nasdaq stock exchange, which is objecting
Venture debt in the spotlight amid tech downturn, falling valuations
Venture debt is handy for extending a company’s runway, making it popular as businesses navigate a downturn that has triggered mass layoffs, spending cuts and
‘We will get back there’: Shopify exec promises return to profitability after loss
Shopify Inc.’s president says the company is focused on tamping down on operating expenses as it strives to get back to profitability.
Bank of Canada raises interest rate by half percentage point, says more hikes to come
Economists were split on whether the Bank of Canada would go with half or three-quarters of a percentage point hike ahead of today’s decision.
Canopy Growth looks to grow U.S. business with new holding company structure
The company says the establishment of Canopy USA LLC will enable it to exercise its rights to acquire U.S. cannabis companies Acreage, Wanna and Jetty.
Canadian economy lost almost $13B due to manufacturing labour shortage: report
The penalties and loss of sales resulting from these issues totalled $7.2 billion, according to Canadian Manufacturers and Exporters’ (CME).
Bank of Canada expected to raise interest rates on Wednesday as recession fears grow
Wednesday’s announcement would make it the sixth consecutive time the Bank of Canada raises interest rates this year in response to decades-high inflation.
Canada’s hotter than expected inflation reading sets stage for another rate hike
In its latest consumer price index report, Statistics Canada said the slight deceleration from 7.0 per cent inflation in August is mostly attributed to lower
Conference Board predicts economic growth to slow to near standstill until spring
The think tank says it expects there will be essentially zero economic growth from the second half of this year through to the first quarter
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
EXPERT BLOGS
2026 Marks a new chapter for Ottawa
The Canadian Press
In the age of AI, trust and authenticity matter more than ever
The Canadian Press
