Canadians pay most often in cash, but for small purchases, Bank of Canada says
In an increasingly digital world, most Canadians still carry physical money in their wallets and favour cash payments, especially for smaller sums, according to a
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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.
Striking Ontario college faculty reject offer that would have ended job action
Ontario’s striking college faculty voted Thursday to reject a contract offer and continue their nearly five-week job action. The 12,000 college professors, instructors, counsellors and
Cyber Insecurity: the high stakes of data protection in an interconnected world
What is nearly imperceptible, leaks important secrets and can keep Canada’s top bankers up at night? A cyberattack. It’s not a punch line but a
Federal union urges government to rebuild pay system software
Give us a year, and we’ll build a working replacement for the trouble-plagued Phoenix pay system, one of the country’s biggest civil service unions told
Ontario offering small businesses relief to ease transition to higher minimum wage
Ontario will slash small business taxes and offer millions in incentives aimed at easing the transition to an increasing minimum wage as the province’s Liberal
Canadian tax evasion fight zeros in on transactions involving Israeli bank
The Canada Revenue Agency is seeking information from three Canadian banks about customer transactions linked to a major Israeli financial institution as part of a
Shoppers Drug Market signals continued medical marijuana ambitions
Shoppers Drug Mart is looking to hire a medical marijuana brand manager as it tries to position itself in the burgeoning cannabis market, even though
Ride-hailing service Lyft expanding to Canada in first push outside U.S.
Ride-hailing company Lyft is bringing its service to Canada. The company announced Monday that it is coming to Toronto in what will be its first
Five things to watch for in the Canadian business world this week
Looking for Jordan: The case resumes Wednesday against several former SNC-Lavalin and hospital executives charged with fraud in Montreal. The court will hear a motion
Feds tout expanded parental leave, new caregiver benefit as questions remain
New parents planning to begin parental leave on or after Dec. 3 will be able to spread their federal benefits over more months, but many
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