
Inflation skyrockets to highest level in nearly 40 years as gas prices soar
The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when
Inflation skyrockets to highest level in nearly 40 years as gas prices soar
The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when
‘I’m losing sales’: As Ottawa’s inflation rate soars, businesses are feeling the pinch
Capital’s annual rate of inflation hit 7.5 per cent in March, Statistics Canada said Wednesday, and local entrepreneurs say it’s getting harder and harder to
Canadians with mortgages brace for big Bank of Canada rate hike
The Bank of Canada is gearing up to announce its next move on interest rates this Wednesday, with Bay Street forecasters expecting a 50 basis-point
Budget 2022: Flush from booming economy, feds eye growth with $31B in new spending
Spending plan targeted at speeding the flow of goods through the country’s supply chains, boosting housing supply and jolting businesses out of an anemic period
Business prof predicts surge in bankruptcies as soaring inflation spurs rate hikes
A prominent Ottawa business expert is predicting a wave of bankruptcies in the coming months as Canada’s central bank raises its benchmark interest rate in
UPDATED: Bank of Canada hikes key interest rate
The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation,
Hot housing market drives 2021 economic growth
The country’s hot housing market drove economic expansion last year as the economy grew 4.6 per cent in 2021, Statistics Canada said Tuesday.
Ottawa-Gatineau unemployment rate ticks up to 4.7% in January as labour force grows
The region gained 1,400 jobs last month, but that was more than offset by the 4,000 people who resumed their search for work, Statistics Canada
Trinity, Timbercreek buy central Ottawa properties in Main and Main portfolio purchase
The company leading the charge to redevelop LeBreton Flats and Bayview Station is adding an additional half-dozen central Ottawa properties, primed for greater density, to
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EVENT ALERT: Mayor's Breakfast with Ontario Finance Minister on Wednesday, Dec. 4 @ City Hall