Feds changing stress test rate for insured mortgages starting April 6
New minimum qualifying rate will be the greater of the borrower’s contract rate or the weekly median five-year fixed insured mortgage rate from mortgage insurance
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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.
Empowering Ottawa entrepreneurs with bold ambitions
Numbercrunch co-founder Susan Richards challenges business owners to imagine the art of the possible
Industry, passengers left stranded as anti-pipeline blockades shut rail service
Blockades set up by anti-pipeline protesters have forced Canadian National Railway Co. to shut down its entire network in Eastern Canada and Via Rail to
StubHub to pay $1.3M penalty in misleading price claims case
StubHub will pay a $1.3 million penalty for making misleading pricing claims and will ensure costs for Canadian events it sells tickets to are posted
Best Offices Ottawa: Architecture-engineering merger leads to innovative, sustainable designs
Collaboration on Canada Green Building Council fitup cements lasting partnership between IDEA and COLE + Associates
Cineworld owner reveals Cineplex plans as company says Q4 profits have fallen
Cineplex Inc. won’t be changing its name, but the theatre chain will probably see some job losses, the company’s likely new owner says
Insolvencies up last year as business filings rise for first time since 2001
The number of business insolvency filings in the fourth quarter were down 4.1 per cent compared with the fourth quarter of 2018, but up 9.7
Five Canadian business stories to watch this week
A slew of corporate earnings, including Smiths Falls-based cannabis producer Canopy Growth, are set for this week
Experts predict more cannabis layoffs and executive departures coming this year
Industry watchers say this week’s rash of cannabis company layoffs and executive departures is likely to continue
A Quebec oversight body has blacklisted four subsidiaries of SNC-Lavalin Group Inc. from bidding on public contracts in the province for five years. The ban
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