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.

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 per cent compared with the third quarter of 2019

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

SNC Lavalin subsidiaries, including Ontario division, barred from public contracts in Quebec for five years

A Quebec oversight body has blacklisted four subsidiaries of SNC-Lavalin Group Inc. from bidding on public contracts...

Best Offices Ottawa: ‘Reimagining how we work’

Progressively designed by HOK Ottawa, the federal government’s new co-working space at Place d'Orléans heralds a new way to work

Mayors pitch transit to win dollars in Liberals’ green-themed budget

The mayors are asking for help to fund zero-emission transit fleets and a top-up to the depleted disaster mitigation and adaptation fund that helps municipalities deal with severe flooding

Innovation, investments needed to work with Bank of Canada on growth, Wilkins says

Breaking down inter-provincial trade barriers and reforming tax and regulatory systems will keep the country's economy humming into the future, the Bank of Canada's second-in-command says

TD Bank cuts posted mortgage rate used in stress test as bond yields dip

TD Bank lowered its posted five-year fixed mortgage rate on Tuesday to narrow the gap between the benchmark and the special rates it offers customers

Five Canadian business stories to watch this week

Unemployment figures and a speech from the senior deputy governor of the Bank of Canada are on tap this week

Canadian advertisers change up Super Bowl commercial strategies following CRTC case

Canadian advertisers say Super Bowl marketing is being shaken up after the conclusion of a years-long battle...
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