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.

Facebook owner Meta to hire 2,500 in Canadian roles, create Toronto engineering hub

Meta founder Mark Zuckerberg's ambitious vision to create an immersive digital realm will be aided by thousands of Canadian hires and a new engineering hub in the country.

Federal Liberals set to deliver budget on April 7, Freeland tells House of Commons

Freeland tells the House of Commons she will unveil the government's spending plans on April 7 in a document that has been expected to focus on measures to spur economic growth.

CRTC approves broadcast component of Rogers-Shaw deal, with conditions

The Canadian Radio-television and Telecommunications Commission has approved Rogers Communications' acquisition of Shaw Communications' broadcasting services, but...

American weekly jobless claims at lowest level since 1969

The number of Americans applying for unemployment benefits last week fell to its lowest level in 52...

January travel up from year ago, but still fraction of pre-pandemic levels

Statistics Canada says the number of people travelling to Canada in January was up from a year earlier, but remained a fraction of where it was before the COVID-19 pandemic.

Visiting Canadian leaders doing U.S. damage control as rail dispute hits supply chain

Goldy Hyder, president and CEO of the Business Council of Canada, said U.S. lawmakers and counterparts – even White House officials – have been worried for weeks about a possible labour dispute.

Canadians cutting back spending on groceries, restaurants as inflation rises: poll

A new poll suggests Canadians are looking for ways to cut back on spending as their concerns about the cost of living rise alongside headline inflation rates.

Retail sales rose 3.2% in January amid Omicron surge, StatCan reports

Statistics Canada says retail sales rose 3.2 per cent to $58.9 billion in January, helped by higher sales at new car dealers to start the year.

Social norms will take time to establish as more workers head back to offices

Along with anxiety about commuting times and corporate vaccination policies come questions over what professional behaviour looks like in 2022.

Under headline jobs figures, report finds pockets of weakness in rebound for women

A new report says women's historically high numbers in the country's labour force remain below where they might have been if COVID-19 had never occurred.
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