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.

‘Definitely busier’: Retailers, restaurants see spending boost amid tax holiday

Almost a week into the GST holiday, retailers and restaurant owners appear on track for a sales...

Canada’s inflation rate down a tick to 1.9% in November

Inflation edged down slightly to 1.9 per cent in November as price growth continued to stabilize in...

Canada Post may be in even worse shape after the strike — unless it pivots

Last week, Justin Trudeau said out loud what many were wondering as the postal strike dragged into...

Canadian business leaders say Freeland’s resignation adds uncertainty to trade talks

Some business leaders worry the resignation of Finance Minister Chrystia Freeland from the federal cabinet leaves Canada...

National home sales continue surging, prices rise amid falling interest rates: CREA

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent...

Canada Post operations to resume on Tuesday, company says

Mail is set to begin moving again on Tuesday after a month-long strike by Canada Post employees...

Federal minister asks labour board to intervene in Canada Post strike

Mail could begin moving again in Canada as early as next week after the federal government moved...

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

The Bank of Canada lowered its key interest rate by half a percentage point on Wednesday but...

As online sales dip and costs rise, postal strike may cause business failures, advocates say

Online sales are falling and the investments that small businesses have made in e-commerce are in jeopardy as the Canada Post strike stretches on, business advocates say. 

Wait times grow amid Canada Post strike as backlogs and frustration build

It's almost two weeks since Darren Solomon had a working fridge. The appliance's compressor conked out on...
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