Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports
Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.
Skip to content
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.
Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike
Statistics Canada says the country’s inflation rate fell to 3.4 per cent in May — the lowest it’s been since June 2021.
Businesses’ changing credit usage a worrying trend: Equifax
New data suggests a significant shift in credit usage among businesses in the first quarter of 2023, Equifax Canada said.
Bank of Canada raises key interest rate amid stubbornly high inflation
As high inflation persists, the key interest rate now sits at 4.75 per cent, the highest it’s been since 2001.
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
‘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.
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
