City Ottawa Financial News

OTTAWA (Reuters) -Canada's corporate ethics watchdog on Thursday announced investigations into the Canadian units of Walmart (NYSE:WMT) and Hugo Boss to probe allegations of Uyghur forced labor in the companies' supply chains and operations.

OTTAWA (Reuters) — The Canadian regulator responsible for implementing the country's online news law on Thursday said it will start setting up a framework for negotiations between news organizations and internet giants this autumn, with the aim of initiating mandatory bargaining by early 2025.

OTTAWA (Reuters) — Canada will challenge what Ottawa described as «unfair, unjust and illegal» U.S. duties on Canadian softwood lumber products, the trade ministry said on Tuesday.

On a warm Friday afternoon on Aug. 17, 1923, a determined mother of two boys — one five, the other four — left her home in Toronto’s Cabbagetown and headed to the bank. Mrs. Hill was fretting about the coming winter, paying for coal and winter clothes for the boys she still called her “babies.” Her husband worked “odd jobs” and had “nearly starved himself” to save the $40 Mrs. Hill had tucked away in her purse. Last winter it was her parents that came through with money for coal and clothes. This winter her family would pay their way, she thought.

In a 10-minute video posted by Nishant Kalia, a Calgary-based YouTuber and recent immigrant who runs the In The North – Canada channel, discusses the possibility of a recession, rising rents and layoffs as he walks the streets of the city with his partner.

Ahead of Prime Minister Justin Trudeau’s cabinet shuffle last month, there was — for a brief Ottawa minute — speculation the government shakeup would include the departure of Deputy Prime Minister Chrystia Freeland, who also serves as the country’s finance minister.

Microsoft has been progressively substituting reporters with AI. The AI-generated material on the platform has been identified to have imperfections.

Melanie Joly says Canada has been considering a “game plan” for how it would respond if the United States takes a far-right, authoritarian shift after next year’s presidential elections.“We are certainly working on scenarios,” Joly said in French during an interview with a Montreal radio station Wednesday.Joly added that Ottawa’s close political and economic ties to the U.S. means that “we must certainly prepare several scenarios.”She suggested Canada has a game plan in mind but wouldn’t get into details.“In general, there is our game plan, precisely to be able to manage what could be a rather difficult situation,” she said.“I will work with my colleagues and with the mayors, the provincial premiers, with the business community, with the unions, with everyone in the country, so that we are ready regardless of the election outcome.”Joly drew an analogy to her government’s experience working with the administration of former U.S.

Secretly filming and sharing footage of consensual sex constitutes a sexual assault, according to an Ottawa judge’s recent ruling, sparking a debate over how courts view consent in cases involving technology.

By Steve Scherer

Ottawa’s corporate-ethics watchdog has announced an investigation into fashion company Ralph Lauren over the alleged use of forced labour in its supply chains, while putting a Toronto-based mining firm on notice.

As pressure mounts on the federal government to take a more active role in filling the housing supply gap, the minister in charge of the portfolio is exploring new — and potentially old — approaches to getting homes built.

Anita Anand is tasking federal cabinet ministers with finding $15.4 billion in government spending cuts by a deadline of Oct.

(Bloomberg) — Inflation ticked back above the Bank of Canada’s control range in July, but progress on underlying price pressures leaves room for policymakers to pause interest-rate hikes. 

OTTAWA (Reuters) — Canada's annual inflation rate surged more than expected to 3.3% in July, but core inflation measures were essentially unchanged and grocery prices increased at the slowest pace since February 2022, Statistics Canada data showed on Tuesday.

Chris Burke and his fiancee have been less than a year away from buying their first home for the past three years.

OTTAWA — Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines in inflation.

A temple was vandalised on Saturday in Canada's British Columbia with anti-India and pro-Khalistan posters pasted on its front gate and rear wall. The objectionable posters were pasted in front of the Lakshmi Narayan Mandir. The matter had been reported to the Surrey detachment of the Royal Canadian Mounted Police or RCMP, according to the president of the temple Satish Kumar.

Justin Trudeau and his family are vacationing in British Columbia for just over a week, the Prime Minister’s Office says.The PMO is not specifying where they will be staying, but says they are set to return to Ottawa on Aug.

By David Rosenberg and Atakan Bakiskan

The Bank of Canada’s latest interest rate hikes appear to have put the brakes on the housing market rebound in many cities and the road ahead for further recovery is expected to be rocky, say economists at the Royal Bank of Canada.