Travel startup for DIY bookers shuts down in Ontario over regulatory concerns
A new website that lets travellers bypass travel agents and pocket commissions has ceased operations in Ontario after the province’s travel regulator claimed the site
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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 this week
Rate hike decision: A cooling economy is dampening expectations that the Bank of Canada will hike the overnight rate on Wednesday. Both September inflation and
Shoppers find deals at Sears Canada liquidation sales underwhelming
Sears Canada began its liquidation sales at its remaining stores across the country Thursday, but many shoppers found the deals to be underwhelming. While signs
Brands face risk of by backlash by tweeting about Gord Downie
Fans of rock star, poet and Canadian troubadour Gord Downie began flooding social media with heartfelt tributes as soon as word emerged that the singer
Amazon HQ2 would ‘fundamentally alter’ potential Canadian city candidates
It’s like a technology-themed reality TV dating show. Suitor Amazon is on the hunt for a North American city to house what it calls HQ2:
Feds scale back contentious tax proposal in bid to calm business owners
Finance Minister Bill Morneau has scaled back one of the most contentious elements of the Trudeau government’s tax-reform plan in yet another effort to calm
NAFTA tensions erupt as talks struggle
The NAFTA countries haven’t broken up. But they are publicly bickering. They are delaying their next get-together date. And they appear to have agreed they
Canadian marijuana shares fall amid TSX crackdown
Licensed marijuana producer Aphria Inc. dug in its heels Tuesday, determined to remain on the Toronto Stock Exchange despite a warning from the group that
Loblaw Companies lays off 500 office workers in cost cutting drive
Loblaw Companies Ltd. is laying off 500 of its office workers, but the company says it still expects to create more jobs than it eliminates
Airbus shakes up industry with majority stake in Bombardier CSeries program
European aircraft giant Airbus Group is shaking up the global airline business by buying a majority stake in Bombardier’s CSeries program and assembling the plane
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