The Canadian Press

‘Unambiguously good’: Inflation slows in February as price growth unexpectedly eases

Canada’s annual inflation rate unexpectedly fell to 2.8 per cent last month, amid sharp declines in cellular and internet services as well as slower grocery price growth.

National home sales in February up nearly 20% compared with year ago

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.

Economists expect inflation rate ticked up above 3% last month amid higher gas prices

Economists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back to two per cent inflation will be a bumpy one.

As alcohol consumption declines, a St. Patrick’s Day with fewer raised glasses

The usual sight of green-clad revellers celebrating St. Patrick's Day is expected across Canada on Sunday — but compared with a decade ago, fewer of them will be indulging in alcohol.

Techopia Live: Arnprior-based Convergence doubles revenues amid evolving tech landscape

Techopia Live is heading out to the Ottawa Valley. Based in Arnprior, Convergence Design Services dates back to the 1990s, but more recently the company has quietly doubled its revenues, ranking sixth on the Fastest-Growing Companies in Eastern Ontario.

Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts

Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic. 

Tight-lipped Bank of Canada holds key interest rate at 5%, says it’s too early to cut rates

The central bank announced its interest rate decision Wednesday as economists widely expected no change in the policy rate.

Business insolvencies leap higher in January from a year earlier, led by bankruptcies

Business insolvencies more than doubled in January compared with a year earlier as they also surpassed pre-pandemic levels for the month.

Canada lags behind peer countries on female representation in management: report

In a new report Tuesday, the Canadian Chamber of Commerce said Canada lags behind nearly half of its OECD peers in its share of female managers. 

BoC expected to hold interest rates this week as grey cloud hangs over economy

The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.

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