Frank and Oak to close all stores, including Rideau Centre location, and sell intellectual property
Clothing retailer Frank and Oak is closing all 14 of its stores, including its Ottawa location in the Rideau Centre, in the coming weeks and
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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.
Ottawa pubs, restaurants across Canada cash in with Canadian NHL teams in playoffs
It was a long seven years for the Ottawa Senators and their fans, having to sit on the sidelines each spring since 2017 when the
Ottawa tech CEO among those cancelling U.S. business trips amid tariff anger and border fear
First came the tariff threats. Then the annexation taunts. But it wasn’t until reports surfaced about foreigners detained while trying to enter the U.S. that
Bank of Canada holds key rate steady amid trade war, economic uncertainty
The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is
Inflation cooled to 2.3% in March as gas prices fell, StatCan says
Canadians got a break on inflation in March as gas prices fell and a slowdown in travel to the United States helped cool airfare costs,
Vacant Bay stores could spark interest — if landlords are willing to get creative
Apartments, health centres and even pickleball courts may be coming to your local mall after Hudson’s Bay departs. Retail and real estate experts say the closure of
Canada’s economy ‘sprinting into a wall’ to start 2025 as tariff hit looms
The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat
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.
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
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