Loblaw plans to open 30 new stories and upgrade more than 500 others
Loblaw said Thursday that it plans to open 30 new stores and renovate more than 500 existing stores as it continues to adapt to changes
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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.
Bank of Canada holds rate as it points to stronger growth, persistent risks
The Bank of Canada held its trendsetting interest rate unchanged on Wednesday, despite a recent run of stronger-than-expected data, saying it believes the economy has
Canada faces risk from potential housing correction, Moody’s report says
Moody’s Investors Service has released a report that identifies Canada as one of four Aaa-rated countries that are exposed to a potential housing market correction.
Taxes on legalized pot must stay low to beat weed’s black market: study
A new analysis says governments can wrestle recreational-pot proceeds away from criminals – just so long as they’re not counting on an early windfall from
Feds to introduce legislation this spring to address airline bumping
Canada will introduce new legislation this spring that will address the problem of travellers being bumped from flights, the federal government said Monday, as the
Bombardier unable to shake off public anger over pay to executives
Bombardier appears unable to shake off public anger over hefty pay packages to its senior executives. Dozens of angry protesters launched paper airplanes in front
Five Canadian business stories to watch this week
Charm offensive: Ontario Premier Kathleen Wynne heads to Illinois on Monday to meet with business leaders and Gov. Bruce Rauner to deliver a pro-trade message.
New internal trade deal expected to add billions to Canadian economy
A new internal-trade deal that will remove domestic trade barriers is expected to add billions of dollars to the economy, but an agreement on booze
Postmedia CEO Paul Godfrey warns of more cost cutting as revenue continues slide
After recent rounds of mass layoffs, Postmedia is warning that it still needs to cut costs after revenue plummeted by 13.5 per cent in its
Hudson’s Bay still eyeing acquisitions but focusing on cutting costs
Hudson’s Bay Co. says it’s focused on cutting costs as it faces a challenging retail environment in Canada and abroad, but that doesn’t mean it
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