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

ABCs - Anger, Bombardier, Compensation: There could be fireworks at Bombardier's annual meeting Thursday in Montreal. A...

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...

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...

Loblaw CEO Galen Weston says company is watching marijuana legislation

The CEO and chairman of Loblaw Companies says he hasn't ruled out the possibility of selling recreational...

Canadian workforce seeing baby boomer boon, but lacks young talent: Statistics Canada

After nearly four decades in the workforce, 64-year-old Louise Plouffe is looking ahead to retirement. But Tristan...

Two-thirds of electricity in Canada now comes from renewable energy

The National Energy Board says two-thirds of Canada's electricity supply now comes from renewable sources such as...

Canada to see some ‘modest’ gains from trade deal with Europe: budget watchdog

Canada's free-trade pact with Europe is poised to produce "modest" economic gains that work out to an...

Valeant shareholders vent frustrations at drugmaker’s annual meeting

Shareholders in Valeant Pharmaceuticals (TSX:VRX) used the company's annual general meeting Tuesday as a forum to vent...

WestJet orders longer range Boeings, expanding reach to new markets

WestJet Airlines Ltd. has placed a firm order for 10 Boeing Dreamliners, which will have the range and fuel efficiency to serve new destinations in Asia, South America and expand the airline's presence in Europe.

US probes GM headlight failures, may add vehicles to recall

The U.S. government is investigating whether General Motors should add about 312,000 vehicles to a 2015 recall...
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