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.

Biden nominates tech exec, political adviser David Cohen as U.S. ambassador to Canada

Cohen is a lawyer, lobbyist and fundraiser who currently serves as a senior adviser to the head of U.S. communications giant Comcast.

International flights to resume at Ottawa airport as part of border reopening plans

Air travellers will no longer be required to spend the first three nights of their quarantine at a government-approved hotel.

Five Canadian business stories to watch this week

A preview of some of the national news that will be making headlines in the coming days.

Ontario won’t make COVID-19 vaccination mandatory for any industry, Ford says

Ahead of lifting restrictions on gyms and indoor restaurant dining, Ford also said his government isn't planning to develop a provincial “vaccine passport” similar to one announced in Quebec to determine access to certain activities.

Bank of Canada cuts growth forecast for 2021, reduces bond buying target

The central bank said it expects the economy to grow 6% in 2021, down from its previous forecast of 6.5%

‘Buy local’ mindset on the rise as consumers, distributors seek food security

Higher shipping costs are making nearshoring and onshoring much more attractive.

Porter to fly new jets on Ottawa routes amid major expansion

Added competition stemming from the carrier’s growth to Toronto Pearson airport will be good news for travellers, analyst says

Five Canadian business stories to watch this week

A preview of some of the national business news that will be making headlines in the coming days.

Black-owned restaurateurs expect long recovery times from pandemic lows

Black entrepreneurs say they face extra challenges in an industry notorious for low margins, high staff turnover and long hours.

Air Canada to recall 2,600 workers as demand for travel bounces back

Move fuelled by increase in vaccinations, decline in COVID-19 cases and easing of governments restrictions.
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