BoC may have to raise interest rates again this summer given recent momentum, economists say
Momentum in the Canadian economy is spurring speculation that an interest rate hike is on the way, but economists don’t expect the Bank of Canada
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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.
‘Good news’: Nixing Canadian experience rule spells opportunity for foreign engineers
Professional Engineers Ontario has said that dropping the Canadian work experience requirement for licence applications moves it to a model focused on competency, rather than
What slowdown? Economy continues to outperform, raising odds of rate hike next week
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the
Canopy Growth signs deal with Indiva for Wana brand of edible
Canopy Growth Corp. has signed a deal with Indiva Ltd. for the exclusive rights to manufacture and sell Wana branded edible products in Canada.
Competition Bureau recommends changing THC limits for edibles, easing pot packaging
New recommendations would ease restrictions on cannabis packaging and adjust THC limits in edible products.
Tech, sustainability key to attracting young talent to an evolving agriculture sector
As Canada’s farmers age, industry insiders say a focus on technology and sustainability is key to attracting younger generations to the agriculture sector.
Annual inflation rate edged up in April, raises chances of higher interest rates
Statistics Canada said Tuesday the annual pace of inflation rose in April for the first time since it peaked in June last year.
Inflation likely slowed again in April, but economists say wage growth a top concern
Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists.
CFIB wants CEBA loan repayment deadline extended as businesses struggle
The Canadian Federation of Independent Business says in a survey of its members, 78 per cent of them reported that getting extra time to repay
BoC might have to rethink rate pause as unemployment remains very low: economists
Statistics Canada’s latest labour force survey released Friday says the unemployment rate held steady at 5.0 per cent for the fifth consecutive month.
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