Ottawa inflation rate holds steady at 0.9%
Consumer demand has held up better than expected over the summer, which has allowed for price growth in some categories as well as letting businesses
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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.
Liberals don’t plan to cut military spending to rein in deficit: Sajjan
Canadian Armed Forces was previously hit by deep cuts when the federal government struggled to balance the books in both the 1990s and early 2010s.
Five Canadian business stories to watch this week
A preview of the national news that will be making headlines in the days ahead.
Transat revenues drop by 99%; 2,000 layoffs expected
The airline’s acquisition by Air Canada looks increasingly uncertain.
TekSavvy, other independent internet providers cheer court decision upholding CRTC wholesale rates
Bell, Rogers appeals rejected
Bank of Canada warns of uneven recovery despite better than expected bounce back
Central bank holds key interest rate at 0.25%
Five Canadian business stories to watch this week
A preview of some of the national business news that will be making headlines in the days ahead.
Independent Cogeco board members reject $10.3B bid from U.S. firm, Rogers
This is the second time Rogers has been rebuffed in a move to wade into the Quebec market.
Canadian tech group makes pitch to Liberals as part of wider push to shape recovery plan
Council of Canadian Innovators suggests avoiding traditional recovery tools like massive construction spending in favour of addressing shortfalls in the knowledge-based economy.
As another month’s rent comes due, small businesses face holes in government support
While Canada Emergency Business Account program is being extended until the end of October, the Canada Emergency Commercial Rent Assistance program ended Aug. 31.
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