Feds to post deficits $8B bigger than expected over next two years: PBO report
The Trudeau government is on track to run deficits nearly $8 billion deeper than expected over the next two years, the federal budget watchdog said
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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 Toys “R” Us stores find lifeline in Fairfax bid
Toys “R” Us’s Canadian operations have found a safety net months after the retailer’s demise in the U.S. and overseas. Documents filed in a Richmond,
Inflation at just over 2%? It’s fine, says bank governor
Canada’s central bank governor says inflation will likely hover just above the historic target of two per cent for this entire year, but he’s comfortable
Five Canadian business stories to watch this week
Trans Mountain troubles B.C. Premier John Horgan’s government may file a long-promised court reference this week to clarify questions around provincial authority over Kinder Morgan
Rogers Q1 profit, adjusted earnings soar on revenue growth
Rogers Communications Inc. saw its first-quarter profit soar from the same time last year as its wireless division experienced a growth spurt that exceeded analyst
Supreme Court upholds law that restricts bringing beer across provincial borders
The Supreme Court of Canada has affirmed the constitutionality of a New Brunswick law that ensnared a man who brought home a trunkload of beer
Ontario government financial outlook changed to negative: Moody’s
A key ratings agency has downgraded its outlook on Ontario’s finances to “negative” from “stable” in light of the Liberal government’s plan to run six
IMF: Canadian economy will still grow in 2018, just a little less
The International Monetary Fund projects moderate economic growth for Canada this year and next, albeit at a rate lower than last year’s and significantly slower
Bank of Canada holds benchmark interest rate as economic growth moderates
The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of
Death of the password? New web standard trades passcodes for biometrics
The death of the password could be upon us. A new security standard recently endorsed by the World Wide Web Consortium has experts excited about
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