
US inflation jumped 8.5% in past year, highest since 1981
Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing
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.

US inflation jumped 8.5% in past year, highest since 1981
Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing

Loblaw, Frito Lay resolve high-profile pricing dispute that pulled chips from shelves
A high-profile pricing dispute that saw one of Canada’s largest food makers stop shipments of chips and snacks to the country’s largest grocer has been

Jobless rate holds steady at 4.9% in March as employment surges, labour force grows
Ottawa-Gatineau’s jobless rate held steady at 4.9 per cent in March as a surge in employment was offset by a big jump in the number

Budget 2022: Flush from booming economy, feds eye growth with $31B in new spending
Spending plan targeted at speeding the flow of goods through the country’s supply chains, boosting housing supply and jolting businesses out of an anemic period

After two years of uncertainty, Liberals ready budget under shifting circumstances
After two years of pandemic-induced uncertainty, the federal Liberals are readying to deliver an updated spending blueprint in a 2022 budget that, by all accounts,

Businesses brace for high inflation to stick around over next two years: BoC survey
Bank’s latest Business Outlook Survey found that more than two-thirds of businesses anticipate inflation will be above three per cent, on average, over the next

Industry looks to budget for help on supply chain problems, domestic production
Coming out of the COVID-19 pandemic, an association of manufacturers and exporters worries the country will fall further behind competitors in peer nations without the

Statistics Canada says economy grew 0.2 per cent in January
Statistics Canada says real gross domestic product grew 0.2 per cent in January, a month marked by restrictions due to a surge in COVID-19 cases.

Small businesses seek extra hiring aid in federal budget to help with recovery
The hiring incentive and two other programs aimed at hard-hit businesses are scheduled to expire in early May.

Dollarama says its new $5 price tag will help offset inflation and stock new products
Dollarama Inc. said Wednesday the roll out of additional price points up to $5 will help the retail chain maintain and enhance its product assortment
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