Retailers’ renewed confidence in brick and mortar fuelling surge in commercial leases
Ottawa-born BeaverTails is among the chains that are looking to expand their national footprints as consumers start shopping and eating out in greater numbers.
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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 tech community braces for possible downturn as stocks fall, inflation rises
Members of Canada’s tech sector say that anxiety is being felt across the industry as rising interest rates and 30-year inflation highs weigh on businesses.
Bank of Canada could hike interest rates past 3% in bid to bridle inflation
The deputy governor of the Bank of Canada says it may need to raise its key interest rate to three per cent or beyond to
Bank of Canada could hike interest rates past 3% in bid to bridle inflation
The deputy governor of the Bank of Canada says it may need to raise its key interest rate to three per cent or beyond to
Bank of Canada raises key rate by half a point amid stubbornly high inflation
In an unprecedented move, the Bank of Canada has announced a major increase to its key interest rate for the second time in two months
Bank of Canada on track for rate hike after GDP growth slows: Economists
Statistics Canada said Tuesday real gross domestic product grew at an annualized rate of 3.1 per cent in the first quarter, helped by business investment
Bank of Canada expected to jack up interest rates as inflation persists
“Canadian inflation is running more than three times faster than target,” Desjardins’ head of macro strategy, Royce Mendes, wrote in a note to clients Monday.
Feds announce $247 million to create 25,000 apprenticeship positions across Canada
“We need Canadians to be able to seize these opportunities and to have the tools, training and resources they need to thrive,” Employment Minister Carla
Nexus program backlog balloons to nearly 300,000 applications
The Canada Border Services Agency (CBSA) says 295,133 Nexus applications have yet to be processed due to ongoing office closures prompted by COVID-19.
Banks sound notes of caution as outlook worsens, even as latest results show growth
“…Markets are struggling to predict how we land the economy, do we land it with a slight recession? And our message today is, it could
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