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.

Canopy Growth reports $121.9M Q3 loss compared with $216.8M loss a year earlier

Canopy Growth Corp. reported a loss of $121.9 million in its latest quarter compared with a loss...

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...

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...

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...

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...

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...

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...

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...

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...

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...
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