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.

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,...

Trump’s tariff threat weighing on Canadian businesses: BoC survey

Nearly a quarter of Canadian businesses expect their costs to rise with Donald Trump set to take...

Automakers push back on electric vehicle sales mandates as federal incentives halted

Automakers in Canada are calling for the end of electric vehicle sales mandates because of the sudden pause of federal EV incentives and what they say is...

Delays, Trudeau resignation threaten Toronto-Quebec City high-frequency rail project

Canadians hoping plans for high-frequency rail between Toronto and Quebec City would move forward this year will...

National Capital Region’s unemployment rate falls for second straight month in December

Ottawa-Gatineau’s economy continued to generate momentum in December, adding nearly 4,000 jobs as the jobless rate fell...

‘What are we talking about?’ Experts respond to Trump’s ‘economic force’ comments

Incoming U.S. president Donald Trump's escalating rhetoric around implementing tariffs on Canadian products are sparking worry and...

CRA to continue with capital tax changes despite prorogation: finance department

The federal government says the Canada Revenue Agency will continue to administer the capital gains tax changes...

Canada Post returns to full service for domestic parcels; letters still delayed

Canada Post says it has reinstated on-time service guarantees and returned to full service levels for domestic...

Business groups call for unity as Trudeau announcement creates uncertainty

Prime Minister Justin Trudeau's plan to step down has business experts warning about the heightened uncertainty it...

Housing market poised for 2025 comeback as lower rates unleash pent-up demand

As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give...
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