
Slowing growth a ‘good thing’ when economy is overheated: BoC’s Macklem
Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is
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.
Slowing growth a ‘good thing’ when economy is overheated: BoC’s Macklem
Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is
Immigration increase alone won’t fix the labour market, experts say
With the unemployment rate at historic lows, many companies are “starved” for workers, and new immigrants will help fill some of the need, some experts
Canadian economy grew slightly in November, expected to slow further
The Canadian economy grew slightly in November and looks to have stalled further at the end of the year as higher interest rates began to
New alcohol recommendations could speed up changing drinking habits, businesses say
New guidance for drinking alcohol could speed up changing consumer drinking habits as younger generations drink less and non-alcoholic beverages become more popular.
Companies make progress on anti-Black racism, but workers worry about recession: poll
A survey by KPMG says most Black Canadians feel their employers made progress addressing anti-Black racism last year, but they worry about what a recession
As the BoC takes a pause from hiking rates, all eyes are on the labour market
On Wednesday, the central bank raised its key interest rate for the eighth consecutive time and said it was taking a conditional pause, keeping the
Bank of Canada hikes key interest rate by quarter point, says it plans to hold
The rate increase marks the eighth consecutive hike since March as the central bank fights off decades-high inflation.
Companies’ diversity commitments at risk amid possible recession: study
A new report says that pledges made by companies to support diversity are at risk as the corporate sector prepares for a possible recession.
Discount grocers to outperform conventional stores as food prices surge: Report
Discount grocery stores are expected to outshine their conventional counterparts in 2023 as shoppers seek out cheaper food to cope with staggering price increases, a
Subcontracting ArriveCan development ‘seems highly illogical and inefficient:’ PM
The federal government paid millions of dollars over two years to GCstrategies, a two-person firm in Ottawa, for work related to the ArriveCan app.
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