Hydro One wants to spend $15M to redesign bills
Ontario’s largest and recently privatized electricity utility has spent $9 million to redesign bills and is proposing to spend an additional $6 million on the
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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.
Here’s what will – and will not – happen if Trump starts NAFTA pullout
As NAFTA talks enter their most sensitive phase, a fever of speculation has broken out about whether Donald Trump might soon announce his intention to
‘Hold the sugar, hold the cream, Tim Hortons don’t be mean,’ protesters chant
Protesters who rallied outside Tim Hortons locations across Ontario on Wednesday roasted some franchisees for slashing workers’ benefits and breaks in an effort to compensate
Rising minimum wages could speed up automation, not relocations: labour leaders
Companies might not be able to dodge rising minimum wages by relocating even their most mobile workforces to lower wage provinces, but higher costs could
TD Bank acquires Toronto artificial intelligence startup Layer 6 AI
Toronto-Dominion Bank is acquiring artificial intelligence startup Layer 6 AI for an undisclosed amount as financial services companies increasingly look to tap the technology’s potential.
Companies divided on raising prices or slashing benefits to handle wage hike
Signs announcing price increases and letters to employees slashing benefits have grown rampant in Ontario, revealing two very different approaches businesses have gravitated toward in
Rate hike argument builds as poll shows companies to hire, invest more
Canadian companies are more upbeat about the future than they were three months ago with firms planning to boost investment and to hire more workers,
CIBC acquires tech-savvy Wellington Financial
CIBC has signed a deal to acquire Wellington Financial as part of its plan to grow its business in the fast-moving technology sector. Financial terms
Five Canadian business stories to watch this week
Bank of Canada reveals business outlook The central bank’s quarterly survey of companies is released on Monday, and will hopefully provide a clearer picture of
Facebook CEO’s 2018 challenge: Fix Facebook
Mark Zuckerberg says his “personal challenge” for 2018 is to fix Facebook. The Facebook CEO has declared a goal each year since 2009. Past challenges
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