American weekly jobless claims at lowest level since 1969
The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to
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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.
January travel up from year ago, but still fraction of pre-pandemic levels
Statistics Canada says the number of people travelling to Canada in January was up from a year earlier, but remained a fraction of where it
Visiting Canadian leaders doing U.S. damage control as rail dispute hits supply chain
Goldy Hyder, president and CEO of the Business Council of Canada, said U.S. lawmakers and counterparts – even White House officials – have been worried
Canadians cutting back spending on groceries, restaurants as inflation rises: poll
A new poll suggests Canadians are looking for ways to cut back on spending as their concerns about the cost of living rise alongside headline
Retail sales rose 3.2% in January amid Omicron surge, StatCan reports
Statistics Canada says retail sales rose 3.2 per cent to $58.9 billion in January, helped by higher sales at new car dealers to start the
Social norms will take time to establish as more workers head back to offices
Along with anxiety about commuting times and corporate vaccination policies come questions over what professional behaviour looks like in 2022.
Under headline jobs figures, report finds pockets of weakness in rebound for women
A new report says women’s historically high numbers in the country’s labour force remain below where they might have been if COVID-19 had never occurred.
Fed begins inflation fight with key rate hike
The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate and signaling
Statistics Canada says wholesale sales rose 4.2 per cent in January
Statistics Canada says wholesale sales rose 4.2 per cent in January to $79.8 billion, helped by gains in sales of building material and supplies, personal
Statistics Canada says higher prices helped manufacturing sales edge up in January
Statistics Canada says manufacturing sales rose 0.6 per cent to $64.8 billion in January, as higher prices helped boost sales in the petroleum and coal
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