WestJet third quarter profit up from year ago as it carries more passengers
WestJet Airlines Ltd. saw its third-quarter profit grow by about 20 per cent compared with a year ago as it increased capacity and traffic. 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.
Liberals to delay billions in planned infrastructure spending
The federal Liberals plan to shift just over $2 billion in planned infrastructure spending to future years, reflecting slower-than-anticipated spending on the file, The Canadian
Five things to watch for in the Canadian business world in the coming week
Shopify’s CEO addresses claims from what he called a “short-selling troll” and other stories to watch in Canadian business this week.
Coworking space demand soars as career patterns shift, firms cut costs: experts
A deal between one of Canada’s oldest retailers and a fast-growing U.S. startup that wants to convert portions of its flagship stores into shared offices
Roots shares plunge in trading debut on TSX amid challenging retail environment
Shares of retailer Roots Corp. had a less-than-stellar initial public offering, plummeting more than 16 per cent on the stock’s first day of trading. The
Chinese company inks deal to buy Aecon Group
Aecon Group Inc. (TSX:ARE) has signed a deal to be acquired by CCCC International Holding Ltd. in a deal that values the construction company $1.5
Update: Bank of Canada holds interest rate, suggests future hikes will come at a more cautious pace
The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a
Census: Home ownership rates take historic dip as more Canadians opt to rent
Not everyone wants to own a home these days, Evan Siddall concedes – not even his own millennial-age son. For the head of the Canada
Liberals use a third of their economic windfall for new tax measures, spending
The Trudeau government is dedicating about a third of the windfall it’s expecting from Canada’s surprisingly strong economy towards investments, tax relief and new spending
Retail jobs put at risk by self service technology, experts say
Retailers are racing to adopt new technologies, like the self-scanner Walmart has rolled out in 22 Canadian stores, to stay competitive in a challenging industry.
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