Canada's inflation rate likely took another dip last month, according to economists who expect the Bank of Canada to continue cutting interest rates throughout the fall.
Canada's housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said.
Shopify Inc.'s president has heard retailers talking about softening consumer spending but feels his company is weathering the storm well because of the diversity of its merchants.
The Bank of Canada cut its key interest rate for a second consecutive time on Wednesday, but warned the path back to two per cent inflation may be uneven and would ultimately determine the pace of future rate cuts.
Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing.
A new survey of Canadian tech companies reveals 90 per cent of respondents think the federal government's changes to its capital gains policy will have a negative effect on the industry.
The survey of 350 business owners and executives by KPMG in Canada found 92 per cent fear their company will feel the impacts of extreme weather, including 67 per cent being either extremely or very concerned.