Five Canadian business stories to watch this week
Welcome, Texas: The mayors of Dallas and Fort Worth, Texas, will be in Toronto and Montreal throughout the week to promote trade, tourism and other
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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.
Hudson’s Bay eliminating 2,000 positions to offset tough retail environment
Hudson’s Bay Co. (TSX:HBC) said Thursday it is cutting 2,000 jobs across North America to help it compete in an increasingly tough retail environment made
BMO chief executive downplays housing risk, says market ‘essentially heals itself’
The Bank of Montreal’s CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market “essentially
Rising debt, sizzling housing markets leave Canada more vulnerable: central bank
Canada’s financial system is becoming increasingly exposed to economic shocks as household debt levels continue to climb and major housing markets remain red hot, the
Liberal government promises extra $62B for military over next 20 years
The Trudeau government committed Wednesday to spend $62 billion more over the next two decades for a major expansion of the Canadian Armed Forces, aimed
Women in weed: Industry insiders decry gender imbalance in corporate cannabis
Since co-founding the Green Organic Dutchman, a medical cannabis producer based in Ancaster, Ont., Jeannette VanderMarel says she has often found herself the only woman
Canada’s foreign minister calls for more military ‘hard power’ in major speech
Canada’s new foreign policy will involve spending billions on “hard power” military capability because the country can’t rely on an American ally that has turned
Nearly 20% of first-time homebuyers received help with down payment: CMHC
Nearly one in five first-time homebuyers received help with a down payment from a family member, according to a survey conducted by the federal housing
Province releases plan to reduce number of unemployed Ontarians with a disability
Ontario businesses with at least 20 employees should do their part to tackle unemployment rates among the disabled community by committing to hire at least
Apple expected to reveal new smart speaker at developer conference in effort to catch Amazon, Google
Apple appears poised to unveil a voice-activated, internet-connected speaker that would create a new digital pipeline into people’s homes. Tapping Apple’s Siri digital assistant, such
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