Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says
Canada’s top central banker says concerns about the immediate impact of the novel coronavirus spurred the Bank of Canada to cut its trend-setting interest rate
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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.
Best Offices Ottawa: An outdoor office extension
Ruhland and Associates leaves lasting impact on Ottawa’s downtown core with World Exchange Plaza courtyard
Bank of Canada cuts key rate to 1.25 per cent amid coronavirus concerns
The Bank of Canada is cutting its key interest rate target by half of a percentage point, dropping it to 1.25 per cent in response
Bank of Canada cuts key rate to 1.25 per cent amid coronavirus concerns
The Bank of Canada is cutting its key interest rate target by half of a percentage point, dropping it to 1.25 per cent in response
Five Canadian business stories to watch this week
The latest job figures from Statistics Canada and an interest rate update from the Bank of Canada are on tap this coming week
Ontario considers making spring bear hunt permanent
A spring black bear hunt could soon be a permanent annual event in Ontario again, the provincial government suggested as it launched a public consultation on
Rogers chief executive ‘implores’ CRTC not to change rules for wireless industry
The CEO of Rogers Communications Inc. says that Canada’s wireless industry has not fully matured and still needs “careful nourishing” as it makes huge investments
Investors concerned about the impact of the novel coronavirus outbreak that began in China.
Protesters march in Ottawa as police clear rail blockade on Tyendinaga Mohawk Territory
About 200 protesters marched through downtown Ottawa in support with the Wet’suwet’en hereditary leaders
Blockade trips up Canada’s biggest ports as shippers steer clear of rail closure
The rail blockade in Eastern Ontario has led to backlogs at Canada’s three biggest ports, prompting some shippers to take their business elsewhere as cargo
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