‘Open banking’ holds promise but cybersecurity fears loom for Canadian banks
As banks work to fortify their cybersecurity defences amidst a growing number of data breaches, they are also exploring the promise of so-called “open banking,”
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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.
Canada’s workforce: Education rates, commute times and time at work all growing
Canadians are putting in more effort in the classroom, additional time on the job and extra teeth-gnashing minutes on the road getting to and from
Russian launch fails to set Telesat satellite, 18 others into orbit
A Russian weather satellite and nearly 20 micro-satellites – including one made by Ottawa-based Telesat – failed to enter their designated orbits Tuesday following the
RBC, Scotiabank report Q4 rise in profits
The first two of four big Canadian banks reported year-end earnings this week, as both Scotiabank and Royal Bank of Canada saw an uptick in
Canadians want to be freed from provincial alcohol monopolies: poll
As the Supreme Court prepares to hear a landmark case on provincial beer and liquor monopolies, a new poll indicates Canadians overwhelmingly want to tear
Competition Bureau to review Torstar Postmedia deal to buy and close newspapers
Canada’s competition watchdog says it will review a deal between Torstar Corp. and Postmedia Network Inc. announced Monday to sell newspapers to each other and
Five Canadian business stories to watch this week
Four out of the Big Five reporting Fourth-quarter and year-end earnings will be published next week for CIBC, Royal Bank, TD Bank and Scotia Bank.
Canada 150 proved to be a big draw for tourism operators coast to coast
Canada celebrated its 150th birthday in 2017 but it was the tourism industry that got to collect the presents. Tourism operators from coast to coast
NCC doesn’t want Parliament to disappear during rehab
Several NCC members expressed a desire that the building not be covered with scaffolding and plain white tarps, but instead the NCC consider a printed
Sobeys to cut 800 office jobs as part of reorganization of grocery business
The Sobeys grocery business will be cutting about 800 office jobs across Canada as part of efforts to create one efficient national organization out of
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