Bank of Canada likely to mirror 0.75% Fed hike next month: economists
The U.S. bank authority announced the Wednesday move will shift the country’s benchmark rate to a range between 1.5 per cent and 1.75 per cent
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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.
Pandemic spurs entrepreneurial boom in Canada as new startups surge, new poll says
While half the small business owners surveyed said rising costs and inflation are a challenge, 90 per cent of new entrepreneurs said they still feel
Pandemic spurs entrepreneurial boom in Canada as new startups surge, new poll says
While half the small business owners surveyed said rising costs and inflation are a challenge, 90 per cent of new entrepreneurs said they still feel
Ottawa Business Growth Survey: Uncertainty and opportunity lie ahead for Ottawa’s business community
Jim McConnery, managing partner at Welch LLP, says that if anything is for certain, it’s that the pre-pandemic status quo is no longer an acceptable
Bank of Canada says economy can handle higher rates despite household debt risks
High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can handle the rising interest rates needed
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.
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
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