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
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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.
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
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
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
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