The Canadian Press

Five Canadian business stories to watch this week

A preview of some of the national news that will be making headlines in the coming days.

Ontario won’t make COVID-19 vaccination mandatory for any industry, Ford says

Ahead of lifting restrictions on gyms and indoor restaurant dining, Ford also said his government isn't planning to develop a provincial “vaccine passport” similar to one announced in Quebec to determine access to certain activities.

Bank of Canada cuts growth forecast for 2021, reduces bond buying target

The central bank said it expects the economy to grow 6% in 2021, down from its previous forecast of 6.5%

‘Buy local’ mindset on the rise as consumers, distributors seek food security

Higher shipping costs are making nearshoring and onshoring much more attractive.

Porter to fly new jets on Ottawa routes amid major expansion

Added competition stemming from the carrier’s growth to Toronto Pearson airport will be good news for travellers, analyst says

Five Canadian business stories to watch this week

A preview of some of the national business news that will be making headlines in the coming days.

Black-owned restaurateurs expect long recovery times from pandemic lows

Black entrepreneurs say they face extra challenges in an industry notorious for low margins, high staff turnover and long hours.

Feds to launch procurement for high-frequency rail connecting Toronto, Ottawa, Montreal and Quebec City

The project also proposes new high-frequency rail stations along the corridor and plans to reduce trip times by 25 per cent.

Shopify to launch new revenue-share model, faster transactions as competition grows

Ottawa firm says that as of Aug. 1 it won't take any share of the first $1 million in revenue developers make every year on products they design for the company's software.

Ottawa Centre MP McKenna won’t seek re-election, plans to focus on family and climate change

Minister McKenna says as she leaves politics she will use what platform she has to push for climate action and an end to the hateful comments and personal abuse targeting public figures.

OBJ360 Sponsored

Guest Blogs

Social Galleries

Video

Event Calendar