Bank of Canada reaching out to Indigenous groups on economic reconciliation
Governor says the central bank hopes it can take a meaningful step toward building trust and strengthening its relationship with Indigenous peoples.
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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.
UPDATED: Ottawa-Gatineau’s jobless rate falls to 4.6% in April amid strong growth
Statistics Canada says a number of signs point to an increasingly tight labour market in recent months, including a drop in the number of part-time
More to come: How these six central banks are fighting runaway inflation
As the world copes with the impacts of the Russian invasion of Ukraine, central banks around the world are responding to record-high inflation with adjusted
More traditional finance professionals shifting to crypto as sector grows up
The crypto world is still evolving rapidly, but there is growing integration with existing financial frameworks to make the transition to the space from traditional
‘It won’t change overnight:’ Workers push back as return to office plans roll out
Ian McGrath has made it clear to his bosses: If the company forces staff to return to the office, he’ll tender his resignation.
Canadian shoppers shift to discount stores, No Name brand amid high inflation: Loblaw
Consumers are shopping for groceries more often, buying less with each visit and shifting to value-oriented stores, grocery chain said Wednesday.
Instacart adds Metro and Giant Tiger to app as it aims to spur easing pandemic demand
“It’s actually really important for us that grocery delivery isn’t seen as a luxury.”
Canadians trail Americans in desire to use and invest in cryptocurrency, poll finds
Canadians are less likely than Americans to use or invest in cryptocurrencies, says a new survey released Tuesday.
Ideas on mute? Study: Remote meetings dampen brainstorming
Video meetings dampen brainstorming because we are so hyper-focused on the face in that box that we don’t let our eyes and minds wander as
Economy gains momentum with 1.1% GDP growth in February, best month since March 2021
The Canadian economy surged ahead in February as pandemic-related restrictions eased, fuelling expectations by economists that the Bank of Canada will opt for another oversized
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