Businesses expect slower sales in short term as cost, labour issues persist: survey
The Canadian Chamber of Commerce says businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation.
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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.
Some federal public servants get remote work extension as others face deadline
Some federal government workers will be able to continue remote work for another year, as most face a March 31 deadline to return to the
Regulator says Silicon Valley Bank’s Canadian assets being restructured
Canada’s banking regulator says the Canadian branch of Silicon Valley Bank is being restructured in a way that will allow it to continue operations in
Tech sector expects collapse of SVB to have ‘chilling’ effect on investments
Members of Canada’s technology sector say they’re worried the collapse of the Silicon Valley Bank will have a chilling effect on investments in their industry.
Freeland meets with bank regulator head, BoC following U.S. bank collapse
Finance Minister Chrystia Freeland is assuring that Canada’s financial institutions are secure after meeting with the head of Canada’s bank regulator and the Bank of
One of Ottawa’s biggest venture capital firms said Monday it “has managed to resolve all immediate exposure risks” for the eight companies in its portfolio
Canada’s 2023 federal budget coming March 28: Finance Minister Chrystia Freeland
The Canadian economy is expected to slow significantly this year and potentially enter a recession as high interest rates squeeze the budgets for individuals and
Canadian economy added 22,000 jobs last month, unemployment held steady
Employment in Canada rose slightly last month after January’s jobs report raised eyebrows among economists anticipating a slowdown in the labour market this year.
SheBoot co-founder welcomes infusion of new funding for women-led startups in Ottawa
The co-founder of SheBoot and chair of the Capital Angel Network says she’d love to see the next Shopify be a woman-led company.
Bank of Canada holds key rate for first time in a year, leaves door open to hikes
The central bank said Wednesday that it has decided to hold its key rate at 4.5 per cent based on its assessment of recent economic
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