‘Very difficult position’: Bank of Canada expected to cut rate amid trade uncertainty
The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.
Skip to content
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.
Federal government announces $6.5-billion aid package for businesses hit by trade war
The federal government has put together a $6.5-billion aid package and is making temporary changes to the employment insurance program to support Canadian businesses through
Canadians cancel U.S. travel plans amid anger over tariffs, weak loonie
Airlines and travel companies have seen bookings to the United States plummet as Canadians rethink their plans amid anger over the trade war set off by U.S. President Donald
Canadian recession looms this year if U.S. tariffs stay in place: economists
Economists say the Canadian economy is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday morning remain in place.
Canada’s economy heated up heading into 2025 — now comes Trump
Canada’s economy was heating up heading into 2025, but the return of U.S. President Donald Trump to the White House threatens to snuff out those burgeoning flames.
Canadian consumer confidence hits lowest level since 2023 on U.S. tariff fears
Fears of a trade dispute with the United States have pushed consumer confidence in Canada to its lowest level in more than a year, according to a new
Canadian chip and hardware makers brace for tariffs, seek domestic support
Ramee Mossa was months into fundraising for his power hardware company FTEX when U.S. President Donald Trump started looming over the negotiations. As soon as Trump took office, potential
Home sales dented by tariff worries in January as listings surge: CREA
Tariff uncertainty put downward pressure on home resales in January while total listings saw one of the biggest spikes in decades, said the Canadian Real
Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada’s annual inflation rate
Canopy Growth reports $121.9M Q3 loss compared with $216.8M loss a year earlier
Canopy Growth Corp. reported a loss of $121.9 million in its latest quarter compared with a loss of $216.8 million in the same quarter a
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
