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.
The federal government is rolling out a $1 billion funding package to help cope with new coronavirus cases and to help Canadian workers who are forced to isolate themselves
Air Canada is suspending flights to and from Italy, saying the decision was prompted by Italian regulations and 'ongoing health and safety concerns' related to the outbreak of a novel coronavirus
Canada's top central banker says concerns about the immediate impact of the novel coronavirus spurred the Bank of Canada to cut its trend-setting interest rate this week
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 to the economic shock from the novel coronavirus outbreak.
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 to the economic shock from the novel coronavirus outbreak.
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 in fifth-generation networks