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.

‘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...

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...

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...

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...

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...

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...

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,...

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...

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 tarp that would include an image of the building.