The Canadian Press

Five Canadian business stories to watch this week

A preview of some of the stories that will be making headlines in the days ahead.

Household debt ratio rises to 170.7 per cent, StatCan says

Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter, Statistics Canada said on Friday.

Federal tourism efforts to focus on local travel, Joly says

Domestic travel is likely to take priority even after vaccinations begin.

Canopy Growth to close five facilities across Canada, lay off 220 workers

The Ottawa-area pot producer says it will end operations at sites in St. John's, Fredericton, Edmonton, Bowmanville, Ont. and at an outdoor grow facility in Saskatchewan.

Canadian families will pay nearly $700 more for groceries in 2021, report says

Rising bread, meat and vegetable prices are expected to lead the overall food price increase of three to five per cent

Five Canadian business stories to watch this week

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

WSP Global shares surge with deal to buy Ontario’s Golder Associates for $1.5B

Both WSP and Golder have a significant presence in Ottawa.

Ottawa to host 2026 world wheelchair basketball championships

Lansdowne Park, Carleton University and the University of Ottawa among venues.

Royal Bank Q4 profit up as CEO warns of decline in economic growth

Bank earned nearly $3.25B for the quarter ended Oct. 31, up from nearly $3.21B a year earlier.

With deficit closing in on $400B, Liberals detail more spending to come

The government wants to bring the wage subsidy back to 75% of business payroll costs and extend the business rent subsidy to mid-March.

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