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.

Sears Canada says there is ‘significant doubt’ about its future, ponders sale

Sears Canada, known for its catalogues that were a household staple for generations, says there is "significant...

Central bank points to stronger economy; market sees rate hike drawing closer

The Bank of Canada is encouraged by a broadening of economic strength, which includes gains across 70...

Central bank warns of cyberattack vulnerabilities in financial sector

Canada's interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in...

Marijuana industry, TSX, looking for rules on U.S. investments

Marijuana industry insiders say they have met with the operators of Canada's largest stock exchange to devise...

Superhero cells: The next generation of cancer treatment

Medical professionals sometimes refer to the “pillars” of cancer treatment. Until recently there have been four pillars:...

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...

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...

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...

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...

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...
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