Digital ‘absolutely cannibalizing’ cash as stores, shoppers snub coins and bills
Over the next year and a half, Alan Bekerman plans to grow his Toronto healthy fast-food chain Iq Food Co. from five to up to
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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
The bottom line: It’s high earnings season this week, with a number of corporate heavyweights releasing their latest results. They include Air Canada, WestJet, Restaurant
Pearson airport ground crew workers reject offer, begin strike
About 700 ground crew workers at Canada’s busiest airport went on strike Thursday night after they rejected a contract offer from their employer. The members
Forbes: Amazon CEO Bezos was briefly the world’s richest man
Amazon CEO Jeff Bezos briefly became the world’s richest man Thursday in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an
Facebook ads keep creeping into new apps as profit soars 71%
Scrolling through an ad-free Instagram is now a distant memory, much like the once ad-free Facebook itself. Soon, users of its Messenger app will begin
Nokia reports loss, warns of decline in networks industry
Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that
Multibillion-dollar B.C. Pacific Northwest LNG megaproject scrapped
Malaysian national energy giant Petronas and its partners scrapped the Pacific NorthWest LNG megaproject Tuesday, ending months of anticipation on the fate of what would
Cyber staff: Wisconsin company offers to microchip employees
A Wisconsin company is offering to microchip its employees, enabling them to open doors, log onto their computers and purchase break room snacks with a
IMF raises outlook for economic growth in Canada, expected to be tops for G7
The International Monetary Fund expects Canada to lead the G7 for economic growth this year. The IMF raised its outlook for Canada as part of
Canadian dollar keeps flirting with 80 cent US mark amid further signs of economic strength
The loonie was trading at an average price of 79.96 cents US, up. 0.04 of a U.S. cent on Tuesday, a day after it hit
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