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
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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.
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,
Power-sucking Bitcoin ‘mines’ spark backlash
Bitcoin “miners” who use rows of computers whirring at the same time to produce virtual currencies began taking root along New York’s northern border a
Grocer Metro says strong economy, employment offsetting pressure from competitors
Metro Inc. says a strong economy and low unemployment are driving customers to its full-service grocery stores and helping to offset the intense promotional pressure,
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
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
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