![Cirque du Soleil](https://assets.obj.ca/2022/07/iStock-508049249-1-300x169.jpg)
Cirque du Soleil completes sale transaction, emerges from creditor protection
Cirque was forced to cancel its shows earlier this year and cut nearly 3,500 employees due to the pandemic.
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.
Cirque du Soleil completes sale transaction, emerges from creditor protection
Cirque was forced to cancel its shows earlier this year and cut nearly 3,500 employees due to the pandemic.
Canada and Britain ink new trade deal, beating Brexit
Interim pact is a placeholder that buys Canada and Britain another year to reach a more comprehensive agreement.
Canada Post Group of Companies reports $216M pre-tax Q3 loss
Increased revenue from parcel shipping failed to compensate for higher pandemic-related costs
Women leaving workforce faster than men, childcare playing big role in exodus: study
The pandemic and the demands of raising children are likely to blame for the exit of women from the workforce, while men are benefiting from
Ottawa’s inflation rate accelerates to 1.7%
Nationally, rising food prices push annual rate of inflation 0.7% higher in October
Bank of Canada governor says country needs to pick up pace on tackling climate change
Financial institutions must better gauge what risks they face from extreme weather, or rough transitions to a low-carbon economy, Macklem says.
Five Canadian business stories to watch this week
A preview of some of the stories that will be making headlines in the coming days.
Closed theatres, nervous moviegoers push Cineplex to $121.2M Q3 loss
To lure moviegoers back, the company will heavily market affordable private theatre rentals ahead of the holiday season
Canada must regulate AI to protect privacy and human rights: watchdog
Privacy commissioner calls for legislation to regulate the use and development of AI systems.
Extra income support for hard-hit workers may not stick around post-pandemic, Trudeau says
A new round of $500-a-week benefits for the unemployed has since been put in place and extended to next summer.
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