
Landlords sue Hudson’s Bay for unpaid rent; retailer says malls aren’t ‘first class’
Claims of unpaid rent include $875,680 at Les Promenades Gatineau.
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.

Landlords sue Hudson’s Bay for unpaid rent; retailer says malls aren’t ‘first class’
Claims of unpaid rent include $875,680 at Les Promenades Gatineau.

Five Canadian business stories to watch this week
A preview of the stories that will be making headlines in the days ahead.

Ontario real estate association calls for agents to halt open houses
Agents and brokers can still follow safety precautions for private showings, which involve less risk than an afternoon drop-in model.

Feds, Ontario ante up millions to produce electric vehicles at Ford’s Oakville plant
Agreement will have a significant impact on the industry’s supply chain, Trudeau said from Ford’s connectivity and innovation centre in Kanata.

Indebted Canadian businesses more ‘fragile’ than during initial COVID-19 wave, BDC economist warns
BDC survey says the top priority of business owners is getting their financial houses in order, including reducing operating costs and improving cash flow.

Liberals’ ‘supercluster’ program falling short of promised jobs, economic growth
Program aims to bring business, academic institutions and other non-profits together for research projects that could have economic benefits.

Five Canadian business stories to watch this week
A preview of the national business news that will be making headlines in the coming days.

B.C. court approves sale of struggling outdoor equipment retailer MEC to U.S. firm
Despite a struggle with sluggish sales, inventory issues and increasing online competition, the severity of the retailer’s financial woes and its decision to sell came

Infrastructure bank to invest $10B in priority areas for pandemic recovery
Bank has been criticized for the relatively few investments it has made thus far.

Economic rebound slows; Canadian economy grew 3% in July
Gains have been linked to the loosening of restrictions that forced non-essential businesses to close this spring, but haven’t been enough to haul the economy
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