Category Archives: Business

Women entrepreneurs struggle to recover from pandemic impacts

International Women’s Day is March 8 — but is one day really enough to celebrate and support women? COVID-19 has been difficult for everyone, and business owners have been particularly hard hit, juggling staffing challenges, lockdown regulations and lack of government support, among other challenges. The pandemic has acutely and disproportionately affected women-owned and run […]

BoC must stem inflation fears to protect broader economy, Macklem says

OTTAWA – Canada’s top central banker says the first of several rate hikes from the Bank of Canada is aimed at staving off a problematic economic scenario that could be more costly to households than the double-whammy of higher inflation and interest rates. Speaking to reporters Thursday, Governor Tiff Macklem looked back a half-century ago […]

S&P/TSX composite relatively flat as crude oil prices slip from eight-year high

TORONTO – Canada’s main stock index was relatively flat after a volatile couple of days as investors continue to assess the impact of Russia’s unprovoked invasion of Ukraine and central bank responses to soaring inflation. The S&P/TSX composite index closed down 5.23 points to 21,250.41. In New York, the Dow Jones industrial average was down […]

Industry demands end to COVID-19 travel testing as eased restrictions take effect

Medical professionals and industry groups are calling on Ottawa to end all COVID-19 border testing requirements as the travel sector struggles to recover two years into the pandemic. Rule changes, including removal of the requirement that fully vaccinated Canadian travellers take a pre-departure COVID-19 molecular test, took effect Monday. Rapid antigen tests administered by a […]