Sudbury.com: Greater Sudbury lags in COVID employment recovery
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Ottawa Business Journal: Ottawa’s ‘economic optimism’ means it is less likely to face recession, new report suggests
A new report from the Canadian Chamber of Commerce shows that more than 60 per cent of urban centres across Canada are likely facing recession — or “city-cession” — but Ottawa is one of the few major municipalities bucking the trend.
Bloomberg: Bank of Canada Holds Key Interest Rate at 5%, Signals It’s Done Hiking
“It’s a new year with the same challenges. One thing is clear though, interest rates and inflation will be coming down in 2024,” Andrew DiCapua, senior economist at the Canadian Chamber of Commerce, said by email.
Global News: Business Matters: Gas prices drive inflation higher in December
Canada's annual inflation rate rose to 3.4 per cent in December from 3.1 per cent in November, dashing many hopes that the central bank might cut its benchmark interest rate early this year.