New rules going after blockade financing an overreach, critics say
The federal government’s move to use expanded financial powers to crack down on the trucker protests is being called a severe overreach by financial crime
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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.
Annual inflation rate rises to 5.1 per cent in January on broad price increases
Statistics Canada says the annual pace of inflation topped five per cent for the first time in more than 30 years.
Alberta venture capital investment poised to break record again
In Canada’s largest oil and gas producing province, investors who have been made wealthy by the energy sector are starting to open their pockets to
Ottawa mayor pushes to shrink convoy footprint, as feds eye action
Ottawa’s mayor has set a deadline of noon today for truckers encamped in the capital’s core to move out of residential streets in a bid
As border blockade persists, Canadians fear a pretext for more U.S. protectionism
U.S. protectionism has been a fact of life for decades. But even a year removed from Donald Trump’s turn as president, it’s very much on
‘Spillover effect is huge’: Automakers scaling back production amid border blockades
Shipping delays are rippling through the economy amid the ongoing protests that have idled Canada-bound traffic on the Ambassador Bridge linking Detroit and Windsor.
Trucker border blockades tighten bottlenecks on choked supply chain
Since Monday, protesters have cut off Canada-bound traffic on the Ambassador Bridge between Detroit and Windsor in a show of solidarity with demonstrators in Ottawa.
Truckers should have done more to prepare for vaccine mandate, experts say
All Canadian truckers looking to cross the border from the U.S. need to be vaccinated in order to avoid a 14-day quarantine under a policy
Annual inflation rate hits 30-year high, raising pressure on Bank of Canada
Statistics Canada reported Wednesday that the annual pace of inflation climbed in December to 4.8 per cent, a pace that hasn’t been seen since September
Grocery store closures loom amid labour, product shortages
Grocery stores are struggling with rising labour and product shortages that could threaten Canada’s food security, experts say.
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