The Bank of Canada says business and consumer sentiment remained subdued during the second quarter of the year even as the country saw its first interest rate cut.
The Canadian Real Estate Association says it is scaling back its housing market forecast for the remainder of the year amid increased levels of supply and a quiet spring spurred by fewer interest rate cuts expected in 2024.
Statistics Canada says real gross domestic product grew 0.3 per cent in April, helped by strength in several industries including wholesale trade, mining and oil and gas extraction and manufacturing.
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.
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 entrepreneurs and have revenues under $3 million.
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 its fight against inflation.
Shopify shareholders have approved the e-commerce giant's compensation plan for executives.
Prominent proxy advisers Institutional Shareholder Services and...