The Canadian Press

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

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 onus of protection from COVID-19 to individuals.

Supply chain woes slashing Canadian manufacturing, hurting small businesses

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

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 December.

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

Venture capital experts say higher interest rates could trim sky-high valuations Canadian startups have grown accustomed to over the last couple...

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

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 country.

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

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

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. and will be led by Sunwing CEO Stephen Hunter.

Interest rate hike won’t cool housing, say experts

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

UPDATED: Bank of Canada hikes key interest rate

The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation, which is at its highest level since 1991.

Some Ontarians cheer as COVID-19 restrictions lift, while others remain apprehensive

Mask mandates remain in place in Ontario, but businesses like gyms, cinemas and restaurants no longer need to check patrons' vaccination status as of Tuesday. 

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