Ottawa

Bill To Ratify New North American Trade Deal Coming In Short Order: Trudeau

OTTAWA — The federal government plans to move quickly to approve the updated North American free-trade deal and is sifting the parliamentary calendar to find the right date, Prime Minister Justin Trudeau says. On his way into a Liberal...
Related topics: Canada, Caucuses

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Regulator Tells Canada’s Biggest Banks To Hike Domestic Stability Buffer

OTTAWA — The federal banking regulator says Canada’s largest banks will be required by April 30 to increase the amount of capital they hold to protect against vulnerabilities. The Office of the Superintendent of Financial Institutions...
Related topics: Canada, Banking

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Pace Of Housing Starts Edges Up In November On Strength In B.c., Alberta

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces. The national housing agency says the seasonally adjusted annual rate...
Related topics: Canada, Mortgages

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Liberals To Release Fiscal Update Before Christmas, Morneau Says

OTTAWA — The Liberal government will provide an update on federal finances before MPs head home for the holidays. “Our plan is to have a fiscal update before Christmas so we can update Canadians on the state of the economy,” Finance...
Related topics: Christmas, Canada

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Laughton Leads Flyers Past Senators 4-3

PHILADELPHIA — Scott Laughton had a goal, an assist and a hard check in a chippy contest to lead the Philadelphia Flyers to a 4-3 victory over the Ottawa Senators on Saturday. Ivan Provorov, Travis Konecny and Shayne Gostisbhere also scored for...
Related topics: Canada

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A Little Financial Housekeeping At The End Of The Year Can Help On Your Taxes

OTTAWA — You may be reluctant to add one more item to an already daunting holiday to-do list, but financial experts want to make sure your financial plan doesn’t get neglected in the year-end rush as 2019 comes to a close. Mike...
Related topics: Taxes, Canada

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Statistics Canada Says Merchandise Trade Deficit Was $1.1b In October

OTTAWA — Statistics Canada says the country’s merchandise trade deficit with the world was $1.1 billion in October. The result came as figures for September were revised to show a deficit of $1.2 billion compared with an initial reading...
Related topics: Canada

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The Second Cup Agrees To Buy Ottawa Chain Bridgehead Coffee For $9.5 Million

The Second Cup Ltd. shares soared after the company announced it will acquire a popular Ottawa-based coffee chain in its first deal since it revealed plans to become a conglomerate of players in the coffee, food service and cannabis sectors. The...
Related topics: Canada

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Shopify Ceo Hosts Game Stream Amid Rumours Of Acquisition

On Wednesday, CNBC reported that two major Silicon Valley corporations are interested in acquiring Ottawa-based e-commerce company Shopify.However, rather than respond to the reports, Shopify CEO Tobias Lutke took to Twitch to stream popular PC...
Related topics: Cnbc, Silicon Valley, Canada

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Trudeau’s Delicate Trump Strategy Takes A Hit

OTTAWA — Justin Trudeau has done everything he can to avoid angering Donald Trump. And then came a hot mic moment at the NATO summit in London Tuesday.The U.S. president lashed out at the Canadian prime minister on Wednesday, calling him...
Related topics: Donald Trump, Canada, Nato, United Kingdom, London

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Senators' Mark Borowiecki Confronted Alleged Thief To Stop Attempted Robbery

Ottawa Senators defenseman Mark Borowiecki stopped an attempted robbery Sunday in Vancouver, British Columbia...
Related topics: Canada, Vancouver

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Toronto, Ottawa And Vancouver Top Canada’s 2019 Tech Talent List

Commercial Real Estate Services (CBRE) Canada has released a new study titled ‘Canada Scoring Tech Talent 2019’ that ranks the country’s top 20 cities based on their local tech industries.Altogether, the firm considers numerous...
Related topics: Canada, Toronto, Vancouver

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Federal Government Posts $5.8b Deficit In First Half Of 2019-20 Fiscal Year

OTTAWA — The federal government ran a deficit of $5.8 billion over the first six months of its 2019-20 fiscal year compared with a surplus of $1.2 billion in the same period last year. The Finance Department says the deficit came as program...
Related topics: Canada

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Mckenna Dons Hard Hat, Vows To Pick Up Pace Of Infrastructure Projects

OTTAWA — Catherine McKenna says her top priority as the country’s new infrastructure minister is to get projects built quickly. The Liberal government has committed more than $180 billion over 12 years to improving roads, bridges,...
Related topics: Canada

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Northern Residents Need Bigger Rebates To Offset Carbon Tax: Nunavut Premier

OTTAWA — Canadians living in the North should receive higher rebates to compensate for the federal carbon tax than people in Southern Canada, the premier of Nunavut said after meeting Thursday with the prime minister. The Trudeau government...
Related topics: Taxes, Canada

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Freeland To Go To Washington To For Trade Talks With U.s. And Mexico

OTTAWA — Deputy Prime Minister Chrystia Freeland is headed to Washington, D.C., for trade talks with another North American trade deadline looming. Officials from the continent’s three countries have been holding talks aimed at...
Related topics: Mexico, Canada

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Grain-growers Cancel Ottawa Plans As Cn, Union Reach Tentative Agreement

OTTAWA — Now that Canadian National Railway Co. has reached a tentative agreement with Teamsters Canada and the strike is set to end, Canadian farmers and producers cancelled their plans to descend on Ottawa to press for urgent action. The union...
Related topics: Canada

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Statistics Canada Reports Wholesale Sales Up 1.0 Per Cent In September

OTTAWA — Statistics Canada says wholesale trade rose 1.0 per cent to $65.1 billion in September, boosted by gains in the machinery, equipment and supplies subsector. The move higher reversed a drop of 1.2 per cent in August. Economists on...
Related topics: Canada

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Here’s A List Of October Inflation Rates For Selected Canadian Cities

OTTAWA — Canada’s national annual inflation rate was 1.9 per cent in October, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small...
Related topics: Inflation, Canada

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The Time For Senators To Trade Pageau Is Now

Contrary to popular belief, the Ottawa Senators do have a lot of trade chips to help turn around the downtrodden franchise. Chief among those trade chips is Jean-Gabriel Pageau. Pageau Leads the Charge The Sens’ leading scorer, Pageau...
Related topics: Canada

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