The Canadian Press

Statistics Canada says higher prices helped manufacturing sales edge up in January

Statistics Canada says manufacturing sales rose 0.6 per cent to $64.8 billion in January, as higher prices helped boost sales in the petroleum and coal

ESG investors taking closer look at portfolios amid war in Ukraine

Canada & World

The war in Ukraine is forcing investors, especially those who prioritize environmental, social and governance (ESG) factors, to take a closer look at the stocks

Ontario to lift most mask mandates March 21, remaining public health orders April 27

Eastern Ontario Business Journal

Ontario is removing most mask mandates on March 21, including in schools, and is ending all remaining public health orders a month later, shifting the

Supply chain woes slashing Canadian manufacturing, hurting small businesses

Canada & World

A new survey by Canadian Manufacturers and Exporters found nine out of 10 companies in the sector are grappling with supply chain issues.

Statistics Canada says country posted merchandise trade surplus for January

Canada & World

Statistics Canada said Tuesday the country saw a merchandise trade surplus of $2.6 billion for January compared with a revised deficit of $1.6 billion in

Higher interest rates could dim valuations for VC backed startups in Canada: experts

Canada & World

Venture capital experts say higher interest rates could trim sky-high valuations Canadian startups have grown accustomed to over the last couple of years, but not right away. On Wednesday,

Macklem says Bank of Canada needs to raise rates to moor inflation expectations

Canada & World

Top central banker says raising bank’s benchmark interest rate may be costly for households, but waiting longer to act would be more costly for the

Cannabis company Tilray Brands strikes deal to buy stake in Hexo, create joint venture

Ottawa

Under the agreement announced Thursday, Leamington-based Tilray will acquire up to US$211 million of senior secured convertible notes that were issued by Gatineau-based Hexo.

WestJet Group to buy Sunwing Airlines amid turbulent global travel market

Canada & World

Under the agreement, a new tour operating business unit will be created under the WestJet Group, to include both Sunwing Vacations and WestJet Vacations Inc.

Interest rate hike won’t cool housing, say experts

Residential

Housing experts say prospective homebuyers hoping Wednesday’s interest rate hike will cool the country’s heated real estate market will likely be disappointed.