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.

MNP welcomes Michael Wernick to its Ottawa team

Michael Wernick retired in 2019 after a 38-year career as one of the key leaders of Canada’s federal public service, culminating in his appointment as clerk of the Privy Council.

Five Canadian business stories to watch this week

A preview of some of the national business stories expected to make headlines in the days ahead.

Starbucks plans to close up to 200 Canadian locations over two years

Some of the Canadian stores up for closure will be "repositioned," the company said, which suggests they could either move to a new area or change format.

Ontario government halts commercial evictions for tenants hit hard by COVID-19 fallout

Move applies to small businesses that qualify for the Canada Emergency Commercial Rent Assistance program, where revenues have dropped at least 70% due to the pandemic.

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.

WestJet breaks ranks with carriers to offer refunds to some customers

Pivot follows months of backlash as consumer advocates and thousands of passengers continue to demand their money back for services paid for but never rendered.

Sail Outdoors Inc. files for bankruptcy protection amid COVID-19 pandemic

Sail Outdoors Inc. has filed for bankruptcy protection so it can restructure amid the COVID-19 pandemic. The Laval,...

Ottawa facility part of Bell Canada’s deal to sell 25 data centres for $1.04 billion to Equinix

The Bell deal will add 25 data centres at 13 locations in eight cities.

Ontario makes temporary change to layoff regulations to help businesses

Government is expected to announce today that it will amend the Employment Standards Act, which requires businesses to terminate employees who have been laid off for 13 weeks.