City Ottawa Financial News

Canada's capital city Ottawa, police said Thursday. Police said they rushed to a home in the Ottawa suburb of Barrhaven after receiving a call at 11:00 pm Wednesday evening (0400 GMT Thursday).

Longtime married couple Bill, 66, and Clarissa*, 65, are winding down their successful Ottawa-based consulting business and operating company, with a plan to shift to a two- or three-day workweek and take summers off.

Ottawa Police Service says the homicide unit has been called in after multiple people were found dead inside a home in the west-end Ottawa suburb of Barrhaven on Wednesday night.Police said they were called to an address on Berrigan Drive at around 11 p.m.Six people were found dead — four children and two adults, police said.Their identities have not yet been released.Police said one person was taken into custody and that there is no threat to public safety.“This is a tragic and complex investigation, and investigative teams remain on Berrigan Drive,” police said.Investigators said more information will be made available later in the day.Anyone with information is asked to contact Ottawa police or Crime Stoppers anonymously.OPS is on the scene of a homicide, in the 300 block of Berrigan Dr., with multiple victims confirmed deceased. One additional person has been taken to an Ottawa area hospital with serious but non life threatening injuries.

OTTAWA — The parliamentary budget officer is projecting inflation will return to the Bank of Canada’s two per cent target by the end of the year and the federal deficit will grow amid weakening economic conditions.

TORONTO — Bitcoin briefly touched an all-time high Tuesday of more than US$69,000 before losing thousands of dollars of value within hours.

By Promit Mukherjee

Homes priced at under $500,000 are becoming a rarity in Ontario, with fewer than one in five dwellings falling under that threshold, new data from a government-run property assessment group shows.

Wedding planning can be stressful as it is, but a last-minute cancellation by a venue or vendor can only make those pre-nuptial jitters even worse.

At a group home in eastern Ontario, the owner allegedly called First Nations kids from northern Ontario his “bread and butter.”

Health Minister Mark Holland has tabled the legislation to create the framework for a national single-payer pharmacare program Thursday afternoon.

Mexican citizens will once again need a visa to come to Canada after asylum claims from that country have soared over recent years.

Asked how he went bankrupt, a character in Ernest Hemingway’s The Sun Also Rises answers, “Two ways. Gradually and then suddenly.” He was talking about how financial collapse happens but he was also foretelling Canada’s economic future if Steven Guilbeault, minister of environment and climate change, continues to foist his destructive lunacy on Canadians. Not only does his environmental extremism impoverish us, it undermines our democratic freedoms.

Canada’s immigration minister is pushing back against provincial assertions that the federal government didn’t consult with Ontario over the international student cap that upended the post-secondary sector.

Ottawa’s policy of preventing Chinese companies from investing in Canadian-listed firms may be put to the test after Vancouver-based Osino Resources Corp. agreed to be bought by Yintai Gold Co. Ltd. for $368 million.

By David Ljunggren

The world junior hockey championship is returning to Alberta.

Israel-Hamas conflict could attack crowds at events in Canada.In a series of strategic intelligence briefs issued in the wake of the Oct. 7 Hamas attack on Israel, the analysts cautioned about mass violence spilling into this country.The Integrated Terrorist Assessment Centre (ITAC) predicted attacks could target protests, cultural centres, diplomatic posts “or other symbols of Israeli or Palestinian interests in Canada.”Such an attack would likely be carried out by a “radicalized lone actor” using readily available weapons, ITAC wrote in the briefs circulated last October and released to Global News.“It is possible that ideologically and religiously motivated violent extremists and lone actors may be triggered by events and mobilize to violence and conduct a mass casualty attack at large gatherings,” ITAC wrote in a brief on the Canadian implications of the conflict.ITAC is a federal government team, composed of members of the security and intelligence community, that assesses threats to Canada.In December 2023, police in Ottawa arrested a youth who has been charged with plotting a terrorist attack against the Jewish community.Additional charges filed on Feb.

The federal government is cutting the amount of financial relief small businesses will receive from carbon pricing revenues so it can increase thesize of the rebate it is providing to rural families.

A gunman shoots at a Montreal Jewish school. A Jewish-owned grocery store is set on fire in Toronto. In Ottawa, police disrupt an alleged terrorism plot against the Jewish community.

OTTAWA (Reuters) — Canada's annual inflation rate cooled much more than expected to 2.9% in January, largely on lower gas prices, while core inflation measures dropped to their lowest levels in more than 2 years, data showed on Tuesday.

The Trudeau Liberals are set to announce that the federal government will provide low-cost loans in British Columbia to help build rental housing on provincially owned land, according to senior government sources.