Tech industry expecting more layoffs, but companies say hiring coming too this year
Tech’s biggest names spent last year in layoff mode and if the last few weeks are any indication, that pattern is continuing into this year.
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Duelling U.S. sandwich brands Jimmy John’s and Jersey Mike’s to expand in Canada
Inspire Brands announced Wednesday that its Jimmy John’s banner would make its first foray outside the U.S. this year with a restaurant in the Greater
Canada’s annual inflation rate accelerates to 3.4% in Dec, complicating path for BoC
Canada’s annual inflation rate rose to 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last
Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
December home sales were up 3.7 per cent compared with the same month in 2022, marking the largest year-over-year gain since August. The actual national
Economists expect December inflation ticked up, trend still points to slowdown
Economists are forecasting Canada’s inflation rate likely ticked up last month, but that isn’t expected to set off alarm bells as long as underlying price
Ottawa hotel among 14 properties Morguard selling for $410 million
A west-end Ottawa hotel is among 14 lodgings Morguard Corp. is selling to an undisclosed buyer for $410 million as part of its plan to
Economists see ‘turning point’ in housing market this year as interest rate cuts loom
After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a
Ottawa-Gatineau’s unemployment rate remains 4.6% in December
Ottawa-Gatineau’s job creation engine stalled in December as the unemployment rate held steady at 4.6 per cent amid slowing economic growth. Statistics Canada said Friday
Rate cuts and a return to growth: What Deloitte sees on the Canadian economic horizon
The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a
‘Darkest before dawn’: Another tough year for office REITs but opportunities may lurk
It’s poised to be another challenging year for office REITs, but some money managers say there could be decent entry points in the sector for
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