Canadian augmented and virtual reality industry lacks homegrown investors
Canada’s augmented and virtual reality industries are in “desperate” need of homegrown investors to keep profits from seeping across the border and overseas, said some
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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.
Bakers, grocers involved in 16 year price fixing conspiracy: Competition Bureau
At least $1.50 has been artificially baked into the price of a loaf of bread during a 16-year-long bread price-fixing conspiracy involving the country’s largest
Canadian economy grew 0.4 per cent in November: Statistics Canada
Statistics Canada says the economy grew 0.4 per cent in November, helped by strength in the manufacturing sector. The results matched the expectations of economists
Loblaw, Metro brace for generic drug plan impact as details emerge
Pharmacy owners are bracing for “an industry-wide impact” from lower generic drug prices coming in April, the CEO of Metro Inc., which has a deal
State of the union: No NAFTA talk but Trump vows to improve existing trade deals
Facing scores of his fellow Republicans publicly pleading with him not to cancel NAFTA, U.S. President Donald Trump refrained from his oft-stated threat to scrap
Metro’s first quarter sales and profits top analysts’ expectations
Grocer Metro Inc. reported better than expected earnings and revenue in its latest quarter. The company says it earned nearly $1.3 billion or $5.67 per
Bell, Rogers, CBC join group seeking to have CRTC find and block content pirates
Prominent members of Canada’s entertainment industry are calling for a new federal agency to locate and shut down websites that are portals for illegally obtained
Five Canadian business stories to watch in the coming week
Grocery chain Metro Inc. will report its first-quarter results and NAFTA talks wrap up round six this week.
Feds poised to help newspapers in upcoming budget
All signs point to the struggling print media industry getting a financial assist from the federal government in the next budget. The financing is expected
Canada exported $1.2B of illegal cannabis in 2017: StatCan estimate
Not only do Canadians have a knack for growing pot, they’re also adept at sneaking it across the border, suggests a new report by Statistics
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