Five Canadian business stories to watch this week
A preview of some of the national stories that will be making headlines in the days ahead.
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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.
Canadian retail sales top pre-pandemic levels
Pullback expected this fall and winter.
After a summer homebuying frenzy, real estate braces for autumn uncertainty
Part of the fuel behind rising prices has been driven by a change in the real estate cycle
Texas startup will make a BlackBerry-branded 5G phone
Developer believes there is support for heightened cybersecurity from businesses, politicians and a growing number of consumers.
Ottawa’s inflation rate slows to 0.9%
Reduced pace of price growth was broad-based, spanning goods and services.
Freeland sworn in as federal finance minister as PM set to seek prorogation
Freeland replaces Bill Morneau, who resigned Monday after weeks of controversy over his and Prime Minister Justin Trudeau’s roles in awarding a sole-source contract to
Finance Minister Bill Morneau resigns, plans to run for head of OECD
Bill Morneau said he had considered leaving his role as finance minister for some time, adding that he never intended to run for a third
Five Canadian business stories to watch this week
A preview of some of the national stories that will be making headlines in the days ahead.
Competition Bureau launches probe of Amazon, seeks input from businesses
Review to look at whether Amazon policies impact sellers’ willingness to offer their products at a lower price on other retail channels, such as their
CAE to lay off 350 employees, mostly in Canada, as Q1 revenue drops by a third
About 200 of the layoffs will be at the flight simulator maker’s headquarters in Montreal, with the other 150 occurring across its civil training network
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