The Canadian Press

Weak economy looms over holiday shopping season as consumers seek value: retailers

Among the usual trappings are new factors that could shake up holiday shopping, the busiest season of the year: inflation, and the high interest rates the Bank of Canada has imposed to fight it.

Ottawa Mastermind stores to stay open as group led by Joe Mimran snaps up retailer

Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.

Short-term rentals have ‘significantly impacted’ housing affordability: Desjardins

A Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.

Ontario real estate law update with open bidding option enters into force

New Ontario real estate laws are meant to provide more clarity and choice for buyers and sellers, though they don't go as far as some had hoped.

Deals to sell BioSteel assets result in $30.4M in aggregate gross proceeds: Canopy

Canopy Growth Corp. says the aggregate gross proceeds from selling off its sports drink business total $30.4 million.

Region’s unemployment rate falls to 4.6% in November as labour force shrinks

Canada's unemployment rate ticked up to 5.8 per cent last month, as high interest rates weigh on job creation at a time when the country's population is growing rapidly.

As ChatGPT marks one year anniversary, here’s how Canadian companies like Shopify, BlackBerry are using AI

Canadian companies have been keen not to ignore AI's capabilities as a technology that could disrupt their business or deliver efficiency and cost savings.

Canadian economy shrank 1.1 per cent in Q3 on annualized basis, StatCan says

The Canadian economy shrank in the third quarter amid weak business and consumer spending as well as lower exports.

Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

Small businesses lost more than $38 billion in revenue opportunities last year because of labour shortages, according to estimates from the Canadian Federation of Independent Business.

Google to pay $100M a year to Canadian news publishers in deal with feds

The federal Liberal government has reached a deal with Google over the Online News Act, following threats from the digital giant that it would remove news from its search platform in Canada.

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