Federal budget ‘overstates’ economic impact of stimulus spending, budget officer says
Higher deficits and debt in the coming years could limit the ability of a government to introduce any new, permanent programs without spending cuts or
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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.
MEC looks to its roots as expert outdoor gear provider after insolvency, sale
In a bid to win back loyal customers and attract new ones, MEC is rolling out new membership benefits that include discounts on services, exclusive
Canadian consumers lose trust in big brands during pandemic: study
The study also found that Canadians have a high ability to detect whether a brand demonstrates a short-lived act of compassion to take advantage of
Recovering Canadian economy approaches pre-pandemic levels
Figures suggest economic activity can quickly bounce back when the virus is contained.
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.
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The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
