RBC chief executive sees inflationary pressure building as economy bounces back
The comments came ahead of a Bank of Canada interest rate announcement Wednesday that is expected to reveal how the central bank is thinking about
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.
RBC chief executive sees inflationary pressure building as economy bounces back
The comments came ahead of a Bank of Canada interest rate announcement Wednesday that is expected to reveal how the central bank is thinking about
All Ontarians could get vaccine by June 20 if supply allows, task force head says
The government said under the current plan, seniors aged 75 and older will start getting the shot in April, while everyone 60 and older will
Detailed vs. flat rate: New way to claim work from home costs gives workers options
The new flat rate method is quick and easy, but using the detailed method may yield a better outcome, depending on your circumstances
Sky Regional to shut down at the end of March after losing contract with Air Canada
Company becomes the first domestic scheduled airline to permanently shut down since the start of the pandemic.
After worst year on record, Canadian economy enters 2021 with momentum
Statistics Canada said the economy grew at an annualized rate of 9.6% over the last three months of 2020
CAE to buy L3Harris military training business for US$1.05B
The L3Harris military training business includes Link Simulation & Training, Doss Aviation and AMI.
Federal deficit hits $248.2B for first nine months of 2020-21 fiscal year
Sum compares to a deficit of $11 billion in the same period a year earlier.
Canadian small businesses rack up $135B in debt to survive pandemic: Report
Survey suggests the average small business owner has accrued $170,000 in debt, with businesses in the hospitality, recreation and service sectors most indebted.
Purolator expanding rural facilities amid demand from remote workers
Investment highlights how COVID-19 and the increasing prevalence of remote work are changing residential and commercial patterns across Canada.
Canada, Australia agree to co-ordinate efforts on regulation of online platforms
The growing co-operation between the two countries comes as Facebook backed down on a ban it introduced last week that prevented Australians from viewing and
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