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.

Bank of Canada holds key interest rate at 2.75% as tariff uncertainty persists

The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers...

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.

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...

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...

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...

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...

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...

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...

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...

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...
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