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.

Canadian household debt hits another record in Q4

The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada...

Government acted ‘within hours’ of website security breach, say officials

A security breach at Statistics Canada's main website prompted the government to shut down a number of...

Intel drops US$15B on Mobileye in race for a driverless future

Intel will buy Israel's Mobileye in a deal valued at about US$15 billion, instantly propelling the computer...

Liberals nearing decision on how to spend $800M earmarked for innovation

An $800-million commitment central to the Trudeau government's economic growth strategy is expected to be divvied up...

Five Canadian business stories to watch this week

Corporate ledger: Just a smattering of earnings this week. Some notables include Quebecor, HNZ Group and Spin...

Ontario reconsidering a foreign buyers’ tax to cool housing market

A foreign buyers' tax is back on the table in Ontario, with the finance minister saying Thursday...

Federal budget won’t contain specific actions to address Trump uncertainty

If the Trudeau government plans to take steps to address the economic risks of the Donald Trump...

Feds cross ‘milestone’ in clearing Phoenix pay backlog

Government officials say they've turned the corner in trying to fix the troubled Phoenix civil service pay...

Federal government to table budget on March 22 amid Trump related uncertainty

Finance Minister Bill Morneau will introduce the federal government's latest budget on March 22, his first amid...

Oh Snap? After bursting out of the gate, shares give way

Anyone wanting to invest in the company that owns Snapchat now has an opportunity to do something...
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