Canadian airlines cancel scores of flights because of Hurricane Harvey
Canada’s two largest airlines have cancelled scores of flights, affecting thousands of passengers, due to the massive hurricane that has flooded parts of Texas. Calgary-based
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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.
Walmart brings third-party selling to Canadian website as competition grows
Walmart Canada is looking to strengthen its online presence by adding third-party sellers to its website. The company says it’s starting with 27 sellers, who
Liberals target 60,000 student work placements with funding roll out
The federal government is rolling out millions in new spending to help thousands of students heading back to campus find work placements during their studies.
Simons CEO feels ‘vindicated’ as national expansion ushers in new era for retailer
The head of Quebec-based department store chain Simons is feeling vindicated as it completes the first phase of a five-year, $200 million national expansion even
Five Canadian business stories to watch this week
The banks are doing just fine, thanks: Investors got a first look last week at how Canadian banks are faring amid a housing market slowdown
After first quarter, feds on track to meet $28.5B deficit prediction: report
Three months into the fiscal year, the public books are on track to meet the Trudeau government’s deficit projection of $28.5 billion, an update on
CIBC expects ‘moderation’ in new mortgages as new regulations take shape
Soaring home prices have been a boon to mortgage businesses, but recent government efforts to cool the housing market could impact lenders if the economy
Double fines for rule-breaking realtors, Ontario industry association says
The Ontario Real Estate Association says fines should be doubled for realtors who break the rules, at a time when agents are collecting big commissions
Five hour days, vacation cash among work perks at B.C. tech companies
From vacation cash to luxury cars, some technology companies in British Columbia are offering big perks to woo prospective employees. Multinationals like Amazon and Microsoft
Ontario tweaks labour reform bill, but no changes to minimum wage phase-in
A major Ontario labour reform bill is being tweaked but so far is seeing no significant changes to key parts, including a controversial phase-in of
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