City Ottawa Financial News
17.01 / 18:03
Nov
Bill
Photos
social
blues
reports
Investigations
Murder, sex assault probe sparks concerns there may be more victims: Ontario police
Ontario Provincial Police investigating a murder and a sexual assault they believe to be connected now say they are concerned there may be more victims.
17.01 / 06:27
security
Research
Universities
innovations
prevention
Canada to stop funding research with foreign risks to national security
Canadian government unveiled Tuesday restrictions on research funding to prevent the sharing with China, Iran and Russia of advanced technologies developed by Canadian universities, citing national security concerns. It also published a long list of sensitive research it does not want shared, including artificial intelligence, quantum science, robotics, biotechnology, advanced weapons, space and satellite technology, and human-machine integration.
16.01 / 23:41
UPS
Food
students
Universities
Loblaw
show
Loblaw discount change spurs backlash: ‘How can they do that?’
Loblaw confirmed that it’s no longer offering discounts of up to 50 per cent on items nearing expiry.It’s a move that the Canadian Association of Retired Persons (CARP) is surprised and disappointed by.“It is a major increase for some people. It really hurts them.
16.01 / 15:04
UPS
FIVE
economy
students
country
reports
Posthaste: Canada caught in population trap for first time in modern history, economists warn
Canada is caught in a “population trap” for the first time in modern history and needs to limit immigration to escape it, say economists with the National Bank of Canada.
16.01 / 13:57
markets
Target
Reuters
Food
wellness
show
Headlines
Canada's inflation rises to 3.4% in Dec, meeting expectations
OTTAWA (Reuters) — Canada's annual inflation rate rose to 3.4% in December from 3.1% in November, data showed on Tuesday, a sign of stubborn inflation ahead of next week's interest rate decision.
12.01 / 21:29
Citi
FIVE
Extreme
Fighting
Hudson
cover
symptoms
Canadians brace for another winter storm. Here’s what you can expect
another storm.A major snow storm is set to hit several regions in Ontario and Quebec, while many residents in Western Canada fight through a severe cold snap.This latest weather comes after another system hit many parts of Canada earlier in the week; Ottawa, Montreal and Quebec City were hit with snowfall Tuesday and Wednesday; the Maritimes also saw snowfall; parts of the West Coast dealt with winter weather before then, while the Prairies faced an extreme cold warning.Expected to start late Friday and into Saturday, parts of Ontario and Quebec are set to see another wallop of snow.Global News meteorologist Ross Hull said a Texas low will be moving into the Great Lakes area, adding the difference with the upcoming storm is that there’s more cold air available that’s building over the Prairies.He said that means there will likely be more snow before a transition to rain, especially for cities such as Toronto, closer to Lake Ontario.“The last system dropped five to 10 centimetres of wet snow for the GTHA. With this one we are anticipating more, but it’s still too early to pin down exact amounts,” Hull said Thursday.“Areas that did experience heavy snow with the most recent system will likely see the heaviest amounts with this latest disturbance too.”Environment Canada is forecasting five to 10 centimetres of snow; Ottawa, which was forecast to get 10 to 15 centimetres of snow earlier in the week, is expected to get 15 to 25 centimetres of snow in this system.
10.01 / 15:57
Man
Strategy
Nov
trends
War
social
Terence Corcoran: It's time for the abdication of King Trudeau II
Through more than eight years since Justin Trudeau named his first Liberal cabinet on Nov. 4, 2015, Canada’s economic and social trajectory has been steadily downward, a trend that was entirely predictable. I can say this … because I predicted it.
09.01 / 23:50
09.01 / 20:16
Citi
Target
CEO
community
Justice
social
rights
The ‘Indigo 11’: Group of ‘hate-motivated’ vandals or unconnected activists?
charged an Ottawa youth with terrorism for allegedly plotting an attack against the Jewish community. In Toronto, city councillor James Pasternak last week decried an “escalation of lawlessness in Toronto” after a Jewish-owned delicatessen was targeted by arson and graffiti.Between Oct. 7 and Dec.
08.01 / 21:52
Pool
ICE
Highways
Southern
track
A major storm is headed to southern Ontario. Here’s what to expect
southern Ontario and will begin impacting the region Tuesday morning.Meteorologists are continuing to track the system and where you live will determine how much snow or rain you see.Global News meteorologist Ross Hull said snow is expected to begin Tuesday morning for much of southern Ontario, likely at the end of the morning commute for the Greater Toronto-Hamilton Area.“It will begin as wet snow then transition to rain by the afternoon for areas closer to Lake Ontario where 2 to 5 cm of wet snow is likely,” Hull said.North of Highway 407, precipitation will likely stay as wet snow for longer, bringing the possibility of 10 to 15 cm, before transitioning over to rain, he said.During the transition, there may also be some freezing rain and ice pellets.Heaviest snow totals are expected for eastern Ontario where 15 to 25 cm is possible, Hull said.Ottawa and the surrounding area are under a winter storm watch with Environment Canada predicting 10 to 20 cm of snow, possibly turning into freezing rain and ice pellets Tuesday night.A special weather statement has been issued for parts of the Greater Toronto Area, including Newmarket and Caledon, where the agency is calling for upwards of 10 centimetres of snow and a risk of freezing rain.Environment Canada says weather warnings may be issued as the storm gets closer.“Even though Toronto won’t see significant snow, the roads will be quite messy considering the snow to start then the transition to rain (15-25 mm possible),” Hull said.He said he’s not expecting significant flooding, but there will be pooling on roadways and some flooding possibly in poorly drained areas.Gusty winds out of the east are also forecasted with the system, with the strongest winds near 100 km/h
06.01 / 13:01
BLOCK
Man
President
shootings
blues
reports
Investigations
Canada identifies ‘vehicle’ that shot at temple chief's son's house amid surging tension over Khalistan, extortion
Canadian Police may have been able to identify a vehicle that was responsible for the shooting at the residence of the son of the president of a local temple in the town of Surrey in British Columbia on 27 December. The incidences of violence, and defacing Hindu holy shrines, have surged in Canada after tensions simmered between Delhi and Ottawa over pro-Khalistan activities. According to a Hindustan Times report, the Surrey detachment of the Royal Canadian Mounted Police (RCMP) said that its “General Investigation Unit has been working to advance the investigation and a vehicle of interest has been identified." The report says the vehicle is believed to be a blue, 4-door hatchback, Mitsubishi Mirage GT or SE between the model years 2017 and 2019.
06.01 / 06:17
COST
Airlines
Charity
reports
travelers
donates
Trudeau’s latest family vacation sparks questions – again
Justin Trudeau returned from his luxury holiday to face a familiar line of questioning about whether he should accept free vacation stays from wealthy friends.Opposition parties are criticizing Trudeau for spending his winter holiday at an oceanfront villa in Jamaica at no cost, as reported by the National Post. Rooms go for around $9,300 per night, according to the resort’s website.Prospect Estate and Villas located near Ocho Rios is owned by businessman Peter Green.
31.12 / 14:32
FIVE
Extreme
Action
Strategy
country
innovations
information
NIA scaled up crackdown on terror networks in 2023
NIA) scaled up its crackdown against terror networks this year, conducting over 1000 raids after registering 68 cases and arresting 625 accused across the country, an official said on Sunday. The anti-terror federal agency also achieved a stupendous 94.70 per cent conviction rate with 74 accused sentenced in various cases, the official said.
30.12 / 06:39
29.12 / 15:55
29.12 / 13:51
Citi
BLOCK
Enterprise
President
Experts
show
country
Experts question impact of foreign homebuyers ban
Nearly a year after it came into effect, experts say it’s hard to know if Ottawa’s plan to keep foreign homebuyers out of the national housing market is helping affordability for Canadians.
29.12 / 13:51
28.12 / 18:19
ICE
love
hospital
information
1 teen dead after falling through ice on Ottawa’s Rideau River, 1 missing
Rideau River in the south Ottawa suburb of Manotick on Wednesday night.The Ottawa Paramedic Service says they were called to Nicolls Island Road around 9:30 p.m. The service says that two of the teenagers, a 15-year-old girl and 17-year-old boy, were able to get themselves out of the river before they arrived.Both youths were taken to hospital and treated for mild hypothermia.
28.12 / 11:17
CEO
Strategy
economy
Pool
BlackRock
President
2024
Investment Opportunities
'No-hydrocarbon world is dreamland:' AIMCo CEO Evan Siddall on investment opportunities in 2024
Pensions plans made the political headlines in 2023 like seldom before, from Alberta’s threat to pull out of the Canada Pension Plan with more than half of the fund’s assets to Ottawa’s desire, stated in the fall fiscal update, to have the globetrotting trillion-dollar asset managers invest more at home. The Financial Post spoke to Alberta Investment Management Corp. chief executive Evan Siddall about these issues, geopolitics and how AIMCo is evolving its investment strategy for 2024 and beyond. This interview has been edited and condensed for space.
27.12 / 06:25
reports
Department
Canada ready to pay two Michaels settlement for China prison time: report
Canada’s government is willing to sign off on multimillion-dollar settlement packages for Canadians Michael Spavor and Michael Kovrig to compensate them for the near three years they were incarcerated in Chinese prisons, the Globe and Mail reported on Tuesday, citing government sources.
24.12 / 05:33
BLOCK
Progressive
Career
Fighting
country
Trudeau says people are frustrated, but now is time for ‘doubling down’
Prime Minister Justin Trudeau says he knows people are frustrated with him, especially the same young voters who helped propel his party to a majority government in 2015.
what's happening in city Ottawa
What is the current situation in city Ottawa?
In city Ottawa, the spotlight is on major events that affect the region’s daily life.
Where can I find reliable news about city Ottawa?
We publish in-depth coverage about the situation in city Ottawa, based on information from official representatives.
What shapes the media agenda in city Ottawa?
The news landscape of city Ottawa is shaped by key decisions by local authorities, reflecting its unique context.