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 unveil sweeping plan for current and future challenges in throne speech

Liberals emphasize climate change, economic inequality and systemic racism, but say not much can be done if the COVID-19 pandemic is not brought under control.

Online shopping, ‘lifestyle changes’ spur retail revolution, supply chain bottlenecks

Experts say shifts in consumer behaviour mean lengthy backorders are more likely to arise on discretionary items such as patio heaters.

Five Canadian business stories to watch this week

A preview of some of the national business stories that will be making headlines in the days ahead.

Retail sales ‘hit a wall’ in July after two months of significant gains

"It's a pretty sharp pullback after some explosive growth in retail spending in June."

Wage subsidy extension into 2021 critical for tourism sector to survive: industry

'Our sectors are different – we cannot offer curbside pickup, e-commerce or pivot to manufacturing new products.'

Ontario to lower limits on social gatherings after COVID-19 cases increase

Pharmacies across the province will be allowed to conduct COVID-19 tests to increase capacity; Ottawa reports 61 new cases.

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 pass on additional costs, economist says.