Business Buzz


Business webinars on tap
Okanagan Edge Staff - Jan 25, 2024 - Business Buzz

If you are looking to grow your business, WeBC is hosting a pair of online programs over the next several weeks to help you do just that. The Kelowna-based group that supports female-owned businesses is hosting The Price is Right: Strategies for Small Business on Wednesday, Jan. 31, and Selling to Government: Understand Low Dollar […]

Canada, U.K., halt trade talks
The Canadian Press - Jan 25, 2024 - Business Buzz

OTTAWA — The United Kingdom is hitting the brakes on trade talks with Canada after Ottawa decided to not extend two temporary measures put in place after Brexit. London announced the pause in negotiations today, less than a month before the next round of talks towards a permanent trade deal was expected to take place. […]

Rate cuts could be on horizon
The Canadian Press - Jan 24, 2024 - Business Buzz

OTTAWA — The Bank of Canada is turning its attention to when it may be able to start cutting interest rates, governor Tiff Macklem said Wednesday as he announced the central bank’s decision to hold its key rate at 5%. “With overall demand in the economy no longer running ahead of supply, governing council’s discussion […]

Metals get index moving
The Canadian Press - Jan 23, 2024 - Business Buzz

TORONTO — Strength in base metal stocks helped Canada’s main stock index gain more than 100 points Tuesday ahead of the upcoming Bank of Canada interest rate decision, while U.S. markets were mixed as earnings reports continued to roll in. The S&P/TSX composite index closed up 110.29 points at 21,034.59. In New York, the Dow […]

Help your downsizing parents
The Canadian Press - Jan 23, 2024 - Business Buzz

Your parents are finally downsizing after 40 years in the same house. You want to help, but where to even start? It’s a dramatically different world from the last time they moved, in terms of finding quality services, researching options and comparing prices. This is where children can play a key role for their parents, […]

S&P record inches higher
The Canadian Press - Jan 22, 2024 - Business Buzz

TORONTO — Canada’s main stock index edged higher Monday, while U.S. markets continued to rise after the S&P 500 ended last week at a record high. The S&P/TSX composite index closed up 17.78 points at 20,924.30. In New York, the Dow Jones industrial average was up 138.01 points at 38,001.81. The S&P 500 index was […]

Markets end week with bang
The Canadian Press - Jan 19, 2024 - Business Buzz

TORONTO — Strength in financial, utilities and technology stocks helped the TSX gain almost 150 points Friday, while U.S. markets broadly rose on the back of technology, with the S&P 500 rallying 1.2% to hit a record high. “It’s been a really constructive day for equities, certainly in North America,” said Kathrin Forrest, equity investment […]

Bell hikes Crave subscription
The Canadian Press - Jan 18, 2024 - Business Buzz

Avoiding commercials on the Crave streaming service is about to get a little costlier. Bell Media has told Crave subscribers who use its “premium ad-free” package that they’ll now have to pay $22 per month—an increase of $2.01. The change affects only the most expensive subscription tier that gives viewers commercial-free access to a library […]

CEBA loans come due
The Canadian Press - Jan 18, 2024 - Business Buzz

The deadline for Canadian businesses to qualify for partial forgiveness of pandemic-era loans has arrived, as business groups warn struggling firms need more time to repay their debt. Hundreds of thousands of businesses and non-profits received a Canada Emergency Business Account loan of up to $60,000 during the COVID-19 pandemic. Up to one-third of the […]

Gloomy day for markets
The Canadian Press - Jan 17, 2024 - Business Buzz

TORONTO — Canada’s main stock index fell more than 250 points in a broad-based decline Wednesday, while U.S. stock markets also fell. The S&P/TSX composite index closed down 253.07 points at 20,695.02. In New York, the Dow Jones industrial average was down 94.45 points at 37,266.67. The S&P 500 index was down 26.77 points at […]