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.
Big banks post better than expected quarter, but all eyes on BoC interest rates
Canada’s biggest five banks had a better-than-expected combined third-quarter profit of $10.15 billion helped by a strong economy, but a potential interest rate hike from
Update: Consumer spending spurs Canada’s ‘gangbusters’ Q2 economic growth
The economy surged past expectations with across-the-board growth in the second quarter, giving the country its best start to a calendar year since 2002, Statistics
Update: Consumer spending spurs Canada’s ‘gangbusters’ Q2 economic growth
The economy surged past expectations with across-the-board growth in the second quarter, giving the country its best start to a calendar year since 2002, Statistics
Stadium sponsorships: Why Scotiabank bet $800M on Toronto NHL arena
Scotiabank’s $800-million deal for the naming rights to the Air Canada Centre, home of the NHL’s Toronto Maple Leafs, is the latest move by a
Stadium sponsorships: Why Scotiabank bet $800M on Toronto NHL arena
Scotiabank’s $800-million deal for the naming rights to the Air Canada Centre, home of the NHL’s Toronto Maple Leafs, is the latest move by a
Scotiabank, BMO hopeful about economic growth following strong Q3 results
Two of Canada’s major banks are mighty optimistic about the prospects for North America’s economic climate after talking to the companies they lend money to.
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
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
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