
Prices at the pump headed higher as long weekend brings out Canadian drivers
Motorists in many parts of Canada are expected to see rising gasoline prices as they fire up their vehicles for road adventures on the Victoria
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.

Prices at the pump headed higher as long weekend brings out Canadian drivers
Motorists in many parts of Canada are expected to see rising gasoline prices as they fire up their vehicles for road adventures on the Victoria

Major U.S. investors keeping eye on Canada as Trudeau pushes trade in Manhattan
Prime Minister Justin Trudeau will work the room at a business luncheon in Manhattan today on the merits of free trade and global economic co-operation,

BlackBerrys accounted for only 3% of smartphones used in Canada at end of 2017
Somewhat reluctantly, Athar Afzal finally gave up on BlackBerry earlier this year. He was a longtime fan of the iconic Canadian phone brand but his

Federal budget bill quietly proposes tool to ease penalties for corporate crime
A federal plan to take a bite out of corporate crime by allowing prosecutors to suspend criminal charges against companies has potential downsides, an internal

TD Bank discounts five-year variable mortgage rate as competition heats up
TD Bank is joining a rival bank in offering a highly discounted variable mortgage rate as competition among Canada’s biggest lenders heats up. The Toronto-based

Jean Coutu price was high but will pay long term dividends, says Metro CEO
The cost of buying the Jean Coutu Group was high but the pill wasn’t too difficult to swallow because it will generate a good return

Regulations cost Ottawa-Gatineau single family home buyers an extra $112,000 on average: study
Buyers in Canada’s most overheated real estate markets paid an average of $229,000 extra per home between 2007 and 2016 because of regulations making it

A&W chief executive doubles down on burger chain’s growth strategy
The first woman to take the helm of A&W Food Services of Canada Inc. spent nearly three decades preparing to lead the company and said

Five Canadian business stories to watch this week
DHX’s doldrums Children’s entertainment company DHX Media Ltd. discusses third-quarter results on Monday. Executive chairman Michael Donovan recently said the company’s strategic review will be

WestJet pilots vote for strike action; vow not to disrupt long weekend travel
WestJet pilots have committed to not disrupting passenger travel plans over the Victoria Day long weekend despite voting overwhelmingly to give its union a strike
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