Dow Jones down more than 1,100 points as global equity slump continues
North American stock indexes extended last week’s slump, as the Dow Jones industrial average plunged nearly 1,600 points during Monday’s trading session, bringing an end
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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.
Five Canadian business stories to watch in the coming week
Reading the BoC tea leaves Economists and investors will be all ears when senior deputy Bank of Canada governor Carolyn Wilkins delivers a speech in
Time has come for national big data strategy, tech leaders tell governments
Tech leaders are challenging the federal Liberal government to get serious about reaping the rewards of one of the next big frontiers in the information
Procurement problems undermining Liberals’ defence policy, analyst says
Long-standing problems with Canada’s military procurement system are threatening to undermine the Trudeau government’s vaunted defence policy, warns a new report. The study, published by
OREA seeking input on improving transparency of real estate industry
The Ontario Real Estate Association is seeking feedback on whether it should push the provincial government into modernizing the real estate industry to make it
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
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
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