
CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook
Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but
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.

CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook
Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but

Trump agrees to pause tariffs on Canada after feds pledge to boost border enforcement
U.S. President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Canada and Mexico as America’s two largest trading partners

Shopify CEO aims to modify Shop app to encourage buy local
Canadian businesses preparing for Tuesday’s imposition of tariffs are leaning into the “buy Canadian” sentiment. Grocery chain Loblaw Companies Ltd. has committed to securing more

White House says Trump tariffs on Canada, Mexico and China will come Saturday
White House press secretary Karoline Leavitt said Friday U.S. President Donald Trump will implement 25 per cent tariffs on goods from Canada and Mexico and

StatCan estimates GDP rebounded at year-end but uncertainties mount for economy
The Canadian economy contracted in November, but preliminary estimates point to a rebound at the end of the year as the country faces an uncertain

Federal government defers effective date of capital gains changes to 2026, promises exemptions
The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce

BoC cuts interest rate by quarter point to 3% as tariffs threat loom
The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy

Economists expecting sixth straight — but more modest — rate cut from Bank of Canada
Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light

Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report
A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible

As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada’s annual inflation rate ticked lower in December, thanks in part to Ottawa’s temporary GST tax break, but economists still see interest rate cuts on
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