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.
Pot by numbers: Feds collecting cannabis data in effort to extinguish illegal marijuana trade
The federal government is hoping to find strength in numbers as it tries to stamp out the illicit marijuana market. Government officials are collecting data
Bombardier’s Beaudoin to relinquish executive role but remain chair: company
Bombardier says Pierre Beaudoin is planning to relinquish his executive role with the company as of June 30 but remain chairman of the board of
Marijuana to take less than 1% out of multibillion dollar booze sales: study
The recreational marijuana industry is expected to take a sip of less than one per cent initially out of annual Canadian alcohol sales once it
Calorie clash: Freshii calls Ontario menu regulation ‘overly simplistic’
A regulation requiring restaurants in Ontario to display calorie counts on menus is “overly simplistic,” Freshii said Tuesday after inspectors were dispatched to ensure the
Ontario sells what it expects to be final tranche of shares in Hydro One
The Ontario government is selling what it expects to be its final offering of shares in Hydro One, a move it says could raise more
Senate committee calls for Liberals to kill interim Super Hornet purchase
The Senate defence committee released a report Monday blasting the Trudeau government’s “political decision” to purchase Super Hornet fighter jets, while all but endorsing the
Tim Hortons CEO brushes aside skepticism of ambitious U.K. expansion plans
The CEO of the parent company of Tim Hortons is brushing off skepticism that the British will embrace its double-doubles and Timbits as it readies
Five Canadian business stories to watch this week
ABCs – Anger, Bombardier, Compensation: There could be fireworks at Bombardier’s annual meeting Thursday in Montreal. A month ago, following public uproar, the company delayed
Ontario prepared to lower corporate taxes if necessary: Minister
The Ontario government says it is prepared to lower corporate taxes, if necessary, in order to keep the province competitive with the U.S. Economic Development
Air Canada posts $37 million loss in first quarter as operating costs rise
Air Canada (TSX:AC) says a 16 per cent increase in operating costs due to higher fuel prices and other items has resulted in a $37-million
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