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.
Twitter unveils new livestreaming deals as telecoms aim to lure in new audiences
Sports commentary, Food Network Canada programming and the iHeartRadio Much Music Video Awards will be livestreaming soon on Canadian Twitter feeds. The social media giant’s
Trump hits back at Trudeau’s criticism of ‘punitive’ U.S. metal tariffs
Justin Trudeau drew the ire of Donald Trump late Thursday, after warning of a new turning point in Canada-U.S. relations when the U.S. president made
Canada invests another $54M into F-35 as Boeing hedges on fighter competition
Canada has quietly paid another $54 million toward development of the F-35 stealth fighter, bringing its total investment in the controversial project to roughly a
Bank of Canada signals next rate hike is on the horizon
The Bank of Canada kept its key interest rate target on hold Wednesday, but noted the Canadian economy was a little stronger than expected in
Indigo full-year earnings inch up to $21.8M on more general merchandise sales
Indigo Books & Music Inc. says it earned $21.8 million last year in an improvement from a year earlier but below analyst expectations. The net
$4.5B plan to purchase Trans Mountain won’t keep feds in pipeline business: Morneau
The federal Liberal government has no plans to drag Canada permanently into the pipeline business, Finance Minister Bill Morneau said Tuesday as he unveiled a
Trudeau nixes idea of single tax return for Quebecers
Prime Minister Justin Trudeau is nixing the idea of Quebecers filing one tax return that would be administered by the province. Trudeau says it is
BMO and CIBC’s Simplii warn fraudsters may have accessed clients’ data
Two of Canada’s biggest banks warned Monday that “fraudsters” may have accessed certain personal and financial information of up to 90,000 customers. The Bank of
WestJet, pilots union avert strike by agreeing to settlement process
The president and CEO of WestJet says the threat of a strike by its pilots is over. Ed Sims said the Calgary-based airline and the
Five Canadian business stories to watch this week
Parade of bank earnings continues Three more of Canada’s big banks report second-quarter earnings: Scotiabank comes out on Tuesday followed by Bank of Montreal and
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