The Canadian Press

Feds need ‘nuanced’ approach to ensure public sector doesn’t lose tech talent: Anand

Treasury Board President Anita Anand says Canada has to take a "nuanced" approach to shrinking its public service in order to protect some of its tech worker ranks.

‘Trying not to die’: Tourism operators face heavy debt, even as business roars back

Tourism has come roaring back from pandemic lows, but operators say the sector has yet to reach pre-COVID levels and debt remains a hefty burden for thousands of small businesses across the country.

Solving shortage of construction workers key to housing growth: experts

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.

Tech industry warns budget’s capital gains proposals could cause ‘irreparable harm’

The federal budget has not won support from Canada's tech industry.

Some of the key highlights from the Liberal government’s 2024 federal budget

Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights:

Annual inflation rate increased to 2.9 per cent in March as gasoline prices rose

The annual inflation rate ticked higher in March compared with February, boosted by higher prices for gasoline, Statistics Canada said Tuesday.

Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

The Canadian Real Estate Association says it's now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.

Walmart Canada says robots coming to two Ontario warehouses, including Cornwall, jobs not at risk

In a Calgary warehouse almost as big as eight football fields, an army of robots whir about, carrying massive quantities of merchandise bound for Walmart Canada customers.

Macklem says interest rate cut in June possible after holding policy rate once again

Bank of Canada governor Tiff Macklem says the central bank could begin lowering its key interest rate at its next decision in June after deciding to hold it steady for now. 

Tech experts hope federal AI funding will help quicken adoption, commercialization

Tech experts are hopeful that more than two billion dollars in federal funding for Canada's artificial intelligence industry will accelerate the adoption of technology and help businesses commercialize AI products and services. 

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