Tim Hortons reveals which three doughnuts will join Dutchie in returning to menu
Canadians who have missed being able to buy blueberry fritters, cinnamon sugar twists and walnut crunch doughnuts at Tim Hortons are in luck.
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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.
E-scooter provider Bird Canada unaffected as U.S. operations file for bankruptcy: COO
Electric scooter rental company Bird Global has filed for bankruptcy in the U.S. but its operations in Canada will be unaffected, according its COO.
Odds of another rate hike have fallen, BoC governing council agreed as it held rate
The odds of another rate hike have decreased, the Bank of Canada’s governing council agreed during discussions ahead of its most recent interest rate decision.
Inflation holds at 3.1% in November as progress in tamping down price growth stalls
Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled.
Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls
Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way
Most businesses surveyed on track to repay CEBA loans, chamber says
The Canadian Chamber of Commerce said Wednesday that nearly half of the 16,000 small businesses it heard from in its fourth-quarter survey on business conditions
All grocers need to sign code of conduct for it to be successful, Metro CEO tells MPs
All major industry players need to sign on to the grocery code of conduct in order for it to be successful, said Metro Inc. president
Retailers facing pricing pressure may have to pass increases to shoppers: Dollarama
“Retailers are doing their best not to push those costs on to the consumers, but retailers can only absorb so much,” said Dollarama Inc.’s chief
McDonald’s burger empire set for unprecedented growth over the next 4 years with 10,000 new stores
At an investor update Wednesday, the Chicago burger giant said it aims to have 50,000 restaurants in operation worldwide by the end of 2027. McDonald’s
BoC holds key interest rate steady as speculation shifts to timing of rate cuts
The Bank of Canada continued to hold its key interest rate steady at five per cent today, encouraged by evidence that higher rates are helping
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