Carney confirms Liberals won’t proceed with planned capital gains tax change
Days before he’s expected to call a federal election, Prime Minister Mark Carney is confirming he won’t move ahead with a key Liberal tax policy.
Skip to content
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.
Hudson’s Bay to liquidate all but six stores starting Monday
After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep six stores open.
CFIB says small business confidence fell to all-time low as trade war ramped up
The Canadian Federation of Independent Business says small business confidence dropped to an all-time low in March as the trade war with the U.S. ramped
Hudson’s Bay shoppers scramble for striped products as company seeks liquidation
When the pre-lunch rush hit Wednesday at the flagship Hudson’s Bay store in Toronto, Brian Bursten was considering himself one of the lucky ones. As
Inflation’s surprise jump could push Bank of Canada to pause rate cuts
A surprise jump in inflation and a flood of “noise” in the economy may push the Bank of Canada to pause its interest rate cuts
CREA reports home sales fell in February amid tariff uncertainty
Home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by
End of federal tax holiday in February expected to lift inflation: economists
Economists are expecting the annual rate of inflation accelerated in February as the federal government’s temporary tax break came to an end mid-month. Statistics Canada
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to
Carney’s win kills Liberals’ much-delayed plan to change capital gains tax
Mark Carney’s victory in the Liberal leadership race put the final nail in the coffin for federal government’s controversial plan to hike the inclusion rate
Hudson’s Bay looking at closing half its stores amid restructuring: source
The restructuring process Hudson’s Bay kicked off Friday will likely see Canada’s oldest company shrink as it works to stay alive. According to a source
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
EXPERT BLOGS
How to create calm in the chaos
Joelle Hall
Budget-Friendly Tips for Buying a Home in Ottawa
Musfiqur Rahman
