Ford government pledges billions in pandemic recovery spending, faces years of deep deficits
New provincial budget tabled Wednesday projects Ontario will run a deficit of $26.2 billion next year and $18.7 billion in 2023-24.
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.
Ford government pledges billions in pandemic recovery spending, faces years of deep deficits
New provincial budget tabled Wednesday projects Ontario will run a deficit of $26.2 billion next year and $18.7 billion in 2023-24.
Liberals to unveil federal budget on April 19
It will be the first federal budget in more than two years after the government opted not to introduce one in 2020 as the COVID-19
Op-ed: How businesses can include Asian-Canadians in their anti-racism work
Kara Eusebio shares actions that business leaders can take in their workplaces to address anti-Asian racism.
Feeling sticker shock at the gas pump? Here’s why
It can take oil producers a while to ramp up production, especially after some smaller producers shut down or went bust during the depths of
Grocery giant Empire buys majority stake in specialty grocer Longo’s for $357M
Deal builds on the company’s recent acquisition of Farm Boy.
Rogers’s $26B plan to buy Shaw raises red flags about competition
Telecom firms are fierce combatants in the wireless sector.
Canadian households added record mortgage debt in Q4: StatCan
The growth in the value of real estate also pushed the net worth of homeowners higher.
Fast rise in consumer spending could speed up job market recovery, BoC deputy says
Canadians have accumulated an average of $5,800 in extra savings as spending dropped over the last year while many businesses were closed or faced restrictions.
The evolution of OPES Family Advisory
A local business consultancy is on a mission to become a one-stop wealth-management shop for Ottawa business owners. As the firm evolves from a practice
Bank of Canada keeps key interest rate target on hold despite more upbeat forecast
The central bank says its key interest rate target will stay at 0.25% until the economy recovers and inflation is back at its 2% comfort
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