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.
Competition heating up for price-sensitive passengers as Swoop set to launch
Competition is heating up for Canada’s most price-sensitive travellers as WestJet Airlines gears up to launch the country’s second ultra-low cost airline Wednesday. Swoop, an
Feds will make marijuana legal in Canada on Oct. 17, Trudeau says
Prime Minister Justin Trudeau says recreational marijuana will be legal in Canada as of Oct. 17. Trudeau made the announcement during question period in the
Quebec liquor store employees threaten to strike ahead of Fête nationale holiday
Employees with Quebec’s liquor authority are threatening to strike ahead of the province’s popular Fete nationale holiday, also known as St-Jean-Baptiste day. Workers are scheduled
Canadians at risk of being ‘data cows’ absent big data strategy
Artificial intelligence could give internet giants like Facebook and Amazon even more power to reshape the Canadian economy, threatening the viability of domestic businesses, researchers
Five Canadian business stories to watch this week
Reading the BoC tea leaves Deputy Bank of Canada governor Lynn Patterson will speak before the Investment Industry Association of Canada on interest-rate benchmarks on
From marijuana beer to pot brownies, Canadian companies creating cannabis edibles
Beer brewed with marijuana, baking mixes concocted to bring out the unique flavours of cannabis oil and good, old-fashioned pot cookies: Canadian companies are creating
Air Transat facing higher fuel prices, limited ability to raise fares
Transat AT Inc. expects to have a more difficult summer season than last year as a result of a sudden increase in jet fuel prices
Roots reports bigger Q1 loss as sales hampered by winter storm
Canadian retailer Roots Corp. is on track to meet its forecasted growth for the year despite absorbing a hit from a winter storm in the
Canada part of winning 2026 World Cup bid
The World Cup is coming to Canada. FIFA’s member associations voted 134 to 65, with one no-vote, Wednesday in favour of the joint North American
Trump attacks put fresh focus on Canada’s supply managed dairy system
U.S. President Donald Trump upped the ante on Canada’s supply-managed dairy system over the weekend as he repeatedly warned that the country would face repercussions
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