RioCan REIT asks court to put joint venture with Hudson’s Bay into receivership: docs
RioCan Real Estate Investment Trust is pushing to put a joint venture it owns with Hudson’s Bay into receivership.
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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.
Canada’s economy grew 2.2% annualized in Q1 as businesses raced to beat tariffs
A rush to get ahead of Canada’s looming tariff dispute with the United States powered economic growth in the first quarter, Statistics Canada said Friday.
Bank of Canada rate cut odds for June fall after April inflation data
Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June interest rate decision,
Frank and Oak to close all stores, including Rideau Centre location, and sell intellectual property
Clothing retailer Frank and Oak is closing all 14 of its stores, including its Ottawa location in the Rideau Centre, in the coming weeks and
Ottawa pubs, restaurants across Canada cash in with Canadian NHL teams in playoffs
It was a long seven years for the Ottawa Senators and their fans, having to sit on the sidelines each spring since 2017 when the
Ottawa tech CEO among those cancelling U.S. business trips amid tariff anger and border fear
First came the tariff threats. Then the annexation taunts. But it wasn’t until reports surfaced about foreigners detained while trying to enter the U.S. that
Bank of Canada holds key rate steady amid trade war, economic uncertainty
The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is
Inflation cooled to 2.3% in March as gas prices fell, StatCan says
Canadians got a break on inflation in March as gas prices fell and a slowdown in travel to the United States helped cool airfare costs,
Vacant Bay stores could spark interest — if landlords are willing to get creative
Apartments, health centres and even pickleball courts may be coming to your local mall after Hudson’s Bay departs. Retail and real estate experts say the closure of
Canada’s economy ‘sprinting into a wall’ to start 2025 as tariff hit looms
The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat
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