Inflation rises to 1.9% in June as vehicle price hikes accelerate
The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships, Statistics Canada said Tuesday. The
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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.
It’s not just students who will be commuting more this September. After years of experimentation with hybrid work, an increasing number of companies are whittling
Amid a renewed return-to-office push, experts outline what your options are
As the number of in-office days is set to increase for many of Canada’s hybrid workers, return-to-office mandates are setting the stage for tension between
Ottawa-Gatineau’s unemployment rate rises to 5.8% in May
Ottawa-Gatineau’s unemployment rate jumped three-tenths of a percentage point in May as the local economy shed nearly 4,000 jobs, Statistics Canada said Friday. The National
Bank of Canada holds key interest rate at 2.75% as tariff uncertainty persists
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs
RioCan REIT asks court to put joint venture with Hudson’s Bay into receivership: docs
RioCan Real Estate Investment Trust is pushing to put a joint venture it owns with Hudson’s Bay into receivership.
Canada’s economy grew 2.2% annualized in Q1 as businesses raced to beat tariffs
A rush to get ahead of Canada’s looming tariff dispute with the United States powered economic growth in the first quarter, Statistics Canada said Friday.
Bank of Canada rate cut odds for June fall after April inflation data
Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June interest rate decision,
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
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
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