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.

Canada Post Group of Companies reports $216M pre-tax Q3 loss

Increased revenue from parcel shipping failed to compensate for higher pandemic-related costs

Women leaving workforce faster than men, childcare playing big role in exodus: study

The pandemic and the demands of raising children are likely to blame for the exit of women from the workforce, while men are benefiting from growth in the science, technology, engineering and math fields they dominate in.

Ottawa’s inflation rate accelerates to 1.7%

Nationally, rising food prices push annual rate of inflation 0.7% higher in October

Bank of Canada governor says country needs to pick up pace on tackling climate change

Financial institutions must better gauge what risks they face from extreme weather, or rough transitions to a low-carbon economy, Macklem says.

Five Canadian business stories to watch this week

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

Closed theatres, nervous moviegoers push Cineplex to $121.2M Q3 loss

To lure moviegoers back, the company will heavily market affordable private theatre rentals ahead of the holiday season

Canada must regulate AI to protect privacy and human rights: watchdog

Privacy commissioner calls for legislation to regulate the use and development of AI systems.

Extra income support for hard-hit workers may not stick around post-pandemic, Trudeau says

A new round of $500-a-week benefits for the unemployed has since been put in place and extended to next summer.

Five Canadian business stories to watch this week

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

Five Canadian business stories to watch this week

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