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The Canadian Press
Bank of Canada’s next move less certain after inflation rate ticks higher in May
Canada’s annual inflation rate rose to 2.9 per cent in May, largely driven by higher prices for services, Statistics Canada reported on Tuesday.
Shopify beefs up AI offerings with new products meant to boost merchants’ sales
Shopify revealed a succession of AI-related products Monday during its semi-annual showcase event called Shopify Editions, which spans more than 150 new offerings this round.
BDC commits $250M to help Indigenous and Black-led businesses
The BDC says it is launching a $50-million program that will provide loans, plus training, for businesses that are majority-owned by women, Indigenous and Black
Bank of Canada cuts key interest rate for first time in more than four years
The Bank of Canada cut its key interest rate for the first time in more than four years today, marking a major turning point in
UPDATE: Shopify shareholders approve exec pay plan, proxy advisers urged rejection
Shopify shareholders have approved the e-commerce giant’s compensation plan for executives. Prominent proxy advisers Institutional Shareholder Services and Glass Lewis recommended shareholders vote against the
Bank of Canada interest rate decision coming on Wednesday amid rate cut speculation
The Bank of Canada will announce its latest interest rate decision on Wednesday amid speculation that the central bank might start to cut rates.
Employers rethink value of employee connections in era of remote work: report
The rise of remote work has led to a loss of workplace social connections that is negatively affecting employees, a new report suggests.
Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders
Shopify Inc.’s founder and chief executive Tobi Lütke has joined a group that Facebook and Instagram’s parent company has set up to advise its leadership.
Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut
Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based deceleration in price growth, Statistics Canada reported Tuesday.
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