Financial watchdog warns 50,000 people could lose jobs due to minimum wage hike
More than 50,000 people could lose their jobs if the Ontario government goes ahead with its plan to raise the minimum wage to $15 an
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.
Financial watchdog warns 50,000 people could lose jobs due to minimum wage hike
More than 50,000 people could lose their jobs if the Ontario government goes ahead with its plan to raise the minimum wage to $15 an
Irma evacuations the most complicated aviation operation since 9/11, Air Canada says
Evacuating customers from areas in the path of the deadly Hurricane Irma has frustrated some passengers but Air Canada says it was perhaps the most
Update: Apple unveils $999 iPhone X, loses ‘home’ button
Escalating price reflects the increasing sophistication of smartphones, which have been evolving into status symbols akin to automobiles.
Ontario government’s marijuana monopoly could weed out craft growers
Ontario’s plan to sell and distribute recreational pot exclusively through a network of government-operated stores could lock in the dominance of the country’s large-scale licensed
Five Canadian business stories to watch this week
Poker face: The online gambling company formerly known as Amaya Inc. will face questions Monday at a hearing in front of the Ontario Securities Commission,
Update: Ontario will sell pot in 150 LCBO-run stores when pot is legalized next year
Ontario is the first province out of the gate with a detailed plan to sell and distribute recreational marijuana when the federal government legalizes it
Travel industry waiting to see if storms force change in winter destinations
Airlines scurrying to evacuate customers from Caribbean islands in the destructive path of hurricane Irma say it’s not yet clear if the storm will have
Rising interest rates a warning to consumers on cost of high debt loads
The Bank of Canada’s second interest rate increase this summer has financial experts warning that more could be on the way, and now is the
Hudson’s Bay investor threatens to remove directors following $201M loss
An activist investor in Hudson’s Bay Co. threatened Wednesday to seek the removal of company directors unless it takes bold action to address the chain’s
Tax changes needed to avoid ‘two classes of Canadians’: finance minister
Federal Finance Minister Bill Morneau says income-tax reforms are needed because small business owners have an unfair advantage that could create two classes of Canadians
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