Stephen Tapp

Ottawa businesses feeling upbeat about next year, but that could change quickly, chamber says

Insider Only Ottawa

As Ottawa trails other cities in spending growth, holiday sales could be affected: economist

Ottawa

With interest rates and other costs remaining high, consumers are in a sour mood and Ottawa residents are no exception.

Consumer spending to soften in second half of 2023: Canadian Chamber of Commerce

Ottawa, Retail

While consumer spending remained strong in the second quarter, it turned a corner after the Bank of Canada ended its pause on interest rate hikes,

Strong sales but lower profits for many local businesses, retail reports suggest

Ottawa, Retail

Strong consumer spending patterns across Canada and particularly in Ottawa seem promising, but the data show only part of the retail picture, experts agree.

Bank of Canada raises key rate by half a point amid stubbornly high inflation

Canada & World

In an unprecedented move, the Bank of Canada has announced a major increase to its key interest rate for the second time in two months

Bank of Canada expected to jack up interest rates as inflation persists

Canada & World

“Canadian inflation is running more than three times faster than target,” Desjardins’ head of macro strategy, Royce Mendes, wrote in a note to clients Monday.