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

Lobbying on lumber: Brace for another round of arm-twisting on softwood lumber. The Union of Quebec Municipalities...

Moody’s downgrades ratings for Canada’s big banks amid consumer debt worries

Moody's Investors Service has downgraded Canada's six big banks in another worrying sign about growing consumer debt...

Federal cost of natural disaster help has been steadily rising since 1970

The increasing number and intensity of natural disasters in Canada pushed the federal government's bills for federal...

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...

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...

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...

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...

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...

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...

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...
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