Recovering Canadian economy approaches pre-pandemic levels
Figures suggest economic activity can quickly bounce back when the virus is contained.
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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.
U.S. cabinet’s ability to award Buy American exemptions ‘strenuously limited,’ Biden says
‘American tax dollars are going to be used to buy American products, made in America, to create American jobs.’
Ontario to give all workers three paid sick days, reimburse businesses
Province will give employers up to $200 a day for what they pay out through the program.
Bank of Canada keeps rate on hold, sees brighter economic outlook
Central bank pulls forward its expectations for when the economy will be strong enough to handle a rise in rates.
Federal budget 2021: Program extensions, new hiring subsidy for small business
The Liberals are extending rent and wage programs while at the same time phasing in hiring subsidies, microgrants to help companies move online and allowances
‘People are going to work sick:’ Third wave reignites debate over paid sick days
Critics say the federal Canada Recovery Sickness Benefit has had poor uptake because it is more akin to the government’s employment insurance program than paid
‘There’s literally no limit’: NFTs could soon be used for cars, real estate, experts say
NFTs are essentially a tool that uses blockchain technology to provide proof of ownership of a digital asset.
‘Save summer’: Canadian tourism businesses have modest expectations ahead of crucial season
Cautious projections stand in contrast to expectations among some of a rebound in economic activity later this year.
Ontario imposes four week ‘shutdown’ to combat surge in COVID-19 cases
Across the river, Gatineau was among the Quebec cities moved into a lockdown Thursday.
Downtown Algonquin College learning centre merges tech with nature
Ready to expand their space, the Algonquin College Learning Centre left its former home, hiring architecture and design firm Provencher_Roy to bring its new vision
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The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
