Inflation rate rises to 2% in October, reducing odds of another jumbo rate cut
Canada’s inflation rate climbed back up to two per cent in October, shifting expectations slightly in favour of a quarter-percentage point interest rate cut next
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Canada Post workers go on strike Friday morning, disrupting deliveries
Canada Post workers hit the picket lines Friday after contract negotiations with their employer failed to conclude by the strike deadline — and Ottawa is
Trump’s victory sparks concerns over ripple effect on Canadian economy
As Canadians wake up to news that Donald Trump will return to the White House, the president-elect’s protectionist stance is casting a spotlight on what
Inflation is down, wages are up. Why are Canadians still frustrated with the economy?
The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing
Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates
The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew
Medical association calls for elimination of sick note requirements by employers
The Canadian Medical Association wants to eliminate sick note requirements by companies for employees with short-term minor illnesses, saying they burden physicians with unnecessary administrative
BoC delivers half percentage point rate cut, says it now must keep inflation at 2%
The Bank of Canada claimed victory against high inflation on Wednesday as it delivered a supersized interest rate cut and signalled its policy rate will
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