Venture firm raises $15 million from tech leaders to support new Canadian businesses
A venture firm backed by a who’s who of the tech industry says it’s raised $15 million in funding with the aim of building a
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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.
Canadian business travel to the U.S. remained resilient in the first half of the year
Canadians might be shunning leisurely visits to the U.S., but new data shows corporate travel appears to be business as usual.
Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift
The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and
Inflation ticks higher to 1.9% in August, short of economists’ expectations
Some stubbornness at the gas pumps pushed the headline inflation rate a couple ticks higher to 1.9 per cent in August, Statistics Canada said Tuesday.
Bank of Canada expected to cut interest rates after last-minute inflation report
The Bank of Canada will have to grapple with a last-minute inflation report, a shift in the federal government’s tariff stance and lingering uncertainty about
Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says
The Canadian economy contracted in the second quarter under the weight of U.S. tariffs, Statistics Canada said Friday. Real gross domestic product declined 1.6 per
Small businesses brace for higher costs as U.S. ends shipping-fee exemption
As the latest change to the Canada-U.S. trade relationship is about to take effect, Melissa Caracas Le-Fort is facing a deadline of her own. After
Businesses put at risk when employees use unauthorized AI tools at work
An artificial intelligence chatbot could help quickly clean up your presentation moments before an important board meeting. But those quick AI fixes can become a
Economists split on BoC’s next rate move after July inflation data
Economists say they found some encouraging signs in the latest inflation numbers but some warn the Bank of Canada might need a bit more convincing to cut
Landlords say Ruby Liu’s plan for Bay properties ‘defies commercial common sense’
Several of Canada’s most prominent real estate companies are slamming an attempt from a B.C. billionaire to take over 25 former Hudson’s Bay leases, saying
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