The thought of the Canadian dollar dropping to an all-time low – and expected to keep plunging – has bred some worrisome consumers and industries.
Viewpoint: Declining loonie a boon for Ottawa’s tourism industry
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High produce prices drive up restaurant bills
Deanne Pittman, Centretown News
Fresh vegetables are displayed in the produce section of Independent Grocer at 296 Bank St. The price of fresh produce is on the rise thanks to Canada's weak dollar. After three decades of service, Maxwell’s restaurant on Elgin Street is closing its doors to rebrand and letting “something fresh” move into the beloved space.
Women may join men on banknotes
Bank of Canada
Examples of polymer bank notes. Finance minister Bill Morneau has expressed support for having iconic women on Canadian banknotes.Canada’s finance minister, Bill Morneau, started a national conversation about depicting “iconic” women on the country’s banknotes, an issue which Bank of Canada says it is taking seriously.
New Y president to focus on housing
Bob Gallagher, a 36-year veteran of the YMCA system across Canada, has been named the new president of Ottawa’s network of recreation and employment hubs, including the Taggart Y and Downtown Y in Centretown.