The Canadian Press

BCE cuts 9% of workforce, accuses CRTC of ‘predetermined’ regulatory process

The parent company of Bell Canada is slashing nine per cent of its workforce as it remains at odds with CRTC over what it calls "predetermined" regulatory direction.

‘Not a viable business anymore’: Bell Media selling 45 radio stations, including Brockville, Kingston

Bell is cutting nine per cent of its workforce, including layoffs at its media division, where it is selling off 45 of its 103 regional radio stations.

Rate cut timing ‘difficult to foresee’ amid inflation pressures: BoC deliberations

The Bank of Canada isn't sure when it will be able to start cutting interest rates as it continues to contend with inflation that's still too high and broad-based.

Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says

Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as housing affordability with interest rates.

Black Canadians report high levels of racism despite workplace improvements

Canadian companies are making uneven progress on efforts to make workplaces more inclusive and equitable for Black workers, according to a survey from KPMG in Canada.

Business, consumer insolvencies rise in December as higher rates bite

Business insolvencies rose 57.2 per cent in December compared with a year earlier, according to the Office of the Superintendent of Bankruptcy.

Real estate receiverships on the rise as projects stall

From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.

Economic bounceback at the end of 2023 could push back rate cuts, economists say

Canada's economy appears to have ended 2023 on a stronger note than expected, which economists say could push back the timeline for interest rate cuts this year.