Economists expecting sixth straight — but more modest — rate cut from Bank of Canada
Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light
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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.
Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report
A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible
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, but economists still see interest rate cuts on
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 office today, according to a new survey from
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 the slow build-out of charging infrastructure. Groups including
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 instead see further delays — and the prospect
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 for the second consecutive month. Statistics Canada’s labour
‘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 disbelief, though some of the companies potentially most
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 proposed in the budget last year, even though
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 parcels after a strike brought deliveries to a
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