Canada’s economy rebounds in third quarter with 2.6% growth
The Canadian economy topped expectations with a sharp rebound in the third quarter as a stronger trade balance helped fuel the recovery from a tariff-driven
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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.
Inflation cools to 2.2% in October as gas, grocery prices fall
Cheaper prices at the gas pumps and grocery store helped bring down inflation in October, Statistics Canada said Monday. The annual rate of inflation cooled
New study suggests entrepreneurs more likely to experience symptoms of ADHD
A new study from the Business Development Bank of Canada suggests that attention-deficit hyperactivity disorder, or ADHD, may be more common among entrepreneurs than in
Federal budget forecasts $78B deficit as Liberals shift spending to capital projects
This year’s federal budget contains a deficit nearly twice the size forecast by the Liberals a year ago, as Prime Minister Mark Carney’s government prioritizes
Weak GDP report unlikely to sway Bank of Canada to more rate cuts: economists
The Canadian economy was showing more cracks in August, but most economists weighing in on the latest data say they don’t think the Bank of
Zellers is set for another relaunch. Here’s what the new owners have in store
Zellers is making a comeback — again. The discount retailer that’s died and been revived several times since its 1928 beginnings will get another relaunch
Bank of Canada lowers key interest rate but signals cuts may be done
The Bank of Canada is signalling it might be done cutting interest rates in the short term but that doesn’t mean economic growth is going
Bank of Canada expected to cut key rate despite mixed inflation, jobs data
Most economists expect the Bank of Canada will look past strong jobs data and signs of stubbornness on the inflation front to deliver a second
Inflation jumps to 2.4% in September thanks to gas, grocery costs
Inflation jumped higher in September, Statistics Canada said Tuesday, thanks largely to annual changes in gas prices and persistent pressure at the grocery store. Annual
Local unemployment rate jumps as national rate stays steady
Ottawa-Gatineau’s unemployment level rose again in September, after hitting its highest level in four years the month prior. The region’s jobless rate jumped to 7
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