Mulling next rate hike, central bank says Canadians owe $2 trillion
Canadians have amassed a $2-trillion mountain of household debt that’s casting a big shadow over the timing of the Bank of Canada’s next interest rate
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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.
Canadian economy grew 0.4% in February, fuelled by resource industry
The Canadian economy, which contracted to start the year, bounced back in February, led by gains in the mining and oil and gas extraction sector.
No relief in sight as Canadian gasoline price hits four-year high
Canadians celebrating the onset of summer driving season have been dismayed by another spring phenomenon – rising gasoline prices across the country. According to GasBuddy.com,
Hotels urge government to force Airbnb to pay up
Canada’s hotels are asking the federal Liberal government to take a heavier hand with online rental services like Airbnb and force the platforms to collect
Artificial intelligence promises advantages for airlines and passengers
Canada’s two largest airlines say artificial intelligence can be a game-changer for aviation by helping to boost revenues, pare costs and provide passengers with a
Five Canadian business stories to watch this week
Air Canada earnings Air Canada discusses first-quarter results on Monday. The Montreal-based carrier recently took advantage of labour uncertainty at rival WestJet with a suggestion
How the government hopes to strengthen intellectual property in Canada
The federal government has unveiled new measures on intellectual property as it seeks to improve Canada’s performance in a critical area of the increasingly important
Ford Canada spared from parent’s plan to cut most car models from lineup by 2020
Ford’s decision to discontinue almost all of its car models in North America within two years will leave its Canadian operations intact, since they are
Twitter is profitable again; investors unimpressed
Twitter has remained largely outside of the crosshairs of lawmakers over the privacy issues that have tripped up Facebook, but it continues to face its
Facebook advertisers shrug off its privacy scandal
Facebook’s troubles with Russian election meddlers, “fake news” and misused data have dominated headlines globally. But they don’t seem to be affecting Facebook’s bottom line,
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