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.

Apple eyes augmented reality; posts 12% increase in earnings

Apple's iPhone may be ready for its next big act as a springboard into "augmented reality," a...

Walmart Canada scraps online pickup fee in latest shot across grocery bow

Walmart Canada is eliminating the pickup fee from its online grocery service as it braces for increasing...

New WestJet discount airline service not expected until next year

WestJet (TSX:WJA) says the launch of its new no-frills, low-cost airline won't be until next summer after...

‘Buy America’ policies to loom large as Canada gets ready for NAFTA talks

The United States wants to maintain – and even expand – the Buy America provisions that restrict...

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...

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...

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...

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,...

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....

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...
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