Air Canada suspends financial guidance for 2019 after Boeing 737 Max grounded
Canada’s largest airline suspended its 2019 financial guidance after regulators in Canada and the United States closed their skies to the Boeing 737 Max 8
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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.
Garneau orders grounding of all Boeing 737 Max 8s over safety concerns
Transport Minister Marc Garneau is closing Canadian skies to the Boeing 737 Max 8 aircraft, effectively grounding the planes over safety concerns arising from the
Update: Farm Boy among Empire’s ‘best performing stores’ months after acquisition
The East Coast company behind multiple grocery chains in Canada is gaining market share from competitors after a period of losing ground following its troubled
Five Canadian business stories to watch this week
Quebecor earnings Quebecor and Quebecor Media will release fourth-quarter earnings and host a conference call on Wednesday. Quebecor’s TVA Group announced in February that is
Progressive Conservative government’s first budget set for April 11
Finance Minister Vic Fedeli says Ontario’s next budget will be released April 11. It will be the Progressive Conservative government’s first budget, and Fedeli says
WestJet continues transition from regional airline to international player
WestJet Airlines Ltd. says strong demand, higher-paying passengers and its new ultra-low-cost subsidiary will bolster revenue in 2019 as the company continues its transition from
Central bank holds rate, notes ‘increased uncertainty’ on timing of future hikes
The Bank of Canada is leaving its key interest rate unchanged and is pointing to increased uncertainty about the timing of future rate hikes following
Five Canadian business stories to watch this week
Crypto in court The Nova Scotia Supreme Court will hear arguments on Tuesday regarding a stay order protecting QuadrigaCX from lawsuits. The widow of the
Trudeau announces Canada will be partner in NASA-led Lunar Gateway project
Prime Minister Justin Trudeau announced Thursday that Canada will be a partner in a NASA-led project to establish an outpost for lunar exploration. “Canada is
Doctors moonlighting as inventors face unique hurdles to commercialization
In Dr. Joao Rezende-Neto’s 25-year career as a trauma surgeon, he’s only twice dealt with patients who insisted on forking over big bucks to buy
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