startup stories BUSINESS NEWS

Bank of Canada Holds at 5%

OTTAWA - The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening....

Russel Metals to Expand Western Canadian Footprint

SURREY - Samuel, Son & Co., Limited, a metals distributor and industrial products manufacturer, announced the initiation of an agreement to sell its Western Canadian and U.S. carbon plate...

BCREA: Q3′ 2023 Canadian Economic Growth Stats

BRITISH COLUMBIA - Canadian real GDP rose 0.1 per cent from the prior month in September, following contractions in the prior three months. Manufacturing jumped 0.9 per cent in September as...

Surrey’s New 3km Riverfront Park Phase One Approved

SURREY -  Surrey City Council has approved the final concept plan for the first phase of a new 80-acre park along the Nicomekl River that balances the environment, recreation and culture. “We are...

Paul Quinn: Paper, Packaging & Forest Products

    OTTAWA - Lumber and OSB up w/w. According to Random Lengths (“RL”), the Framing Lumber Composite increased $3 w/w to $376 and the OSB Composite increased $5 w/w to $419. For next week,...