Shipbuilding delays force Ottawa to spend $187 million to extend lease on navy supply ship
Ottawa is forking over another $187 million to add two years to its lease of a converted civilian ship the navy has been using as…
Browsing
Procurement
Slowing inflation not enough to prevent September interest rate hike
OTTAWA — Inflation in Canada finally appears to have peaked, but it nonetheless remains too high to dissuade the Bank of Canada…
China cuts interest rate to shore up sagging economy
BEIJING (AP) — China's central bank trimmed a key interest rate Monday to shore up sagging economic growth at a politically…
Wholesale sales edged up 0.1 per cent in June
OTTAWA — Statistics Canada says wholesale sales rose 0.1 per cent to $80.7 billion in June, boosted by the miscellaneous and motor…
Canada’s unemployment rate at historic low of 4.9 per cent
OTTAWA — Canada's unemployment rate stayed a historic low of 4.9 per cent in July, remaining unchanged from June as the country…
About 2,500 Boeing workers to strike after rejecting deal
ST. CHARLES, Mo. (AP) — Roughly 2,500 Boeing workers are expected to go on strike next month at three plants in the St. Louis area…
Porter Airlines orders 20 more jets
TORONTO — Porter Airlines has announced a firm order for 20 Embraer E195-E2 passenger jets with a total list price value of…
US wholesale inflation in June surged 11.3 per cent from last year
WASHINGTON (AP) —Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder…
Economy lost 43,000 jobs in June, unemployment rate falls to 4.9 per cent
OTTAWA — The Canadian economy lost 43,000 jobs in June, marking the first decline in employment since January.
At the same…
Gas tax break not on table for Liberals
OTTAWA — The federal government has no immediate plans to cut prices at the pump by offering Canadians a temporary reprieve from…