The Canadian Press

Statistics Canada says annual inflation rate slowed to 3.1% in October

The inflation rate slowed to 3.1 per cent on a year-over-year basis, down from 3.8 per cent in September, as the price of gasoline fell, Statistics Canada said Tuesday.

Bad Boy Furniture gets Ontario court approval to start liquidation sale

An Ontario court has granted Bad Boy Furniture Warehouse Ltd. permission to begin liquidating its stores.

Fiscal update includes loans for housing developers, affordable housing fund: source

Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing.

Canadian Chamber of Commerce forms AI council with members including Amazon, Google

The chamber says the council will advocate for government policies to be centred on the responsible development, deployment and ethical use of AI in business.

CRA claws back $458 million in pandemic era wage subsidies after partial audit

The CRA has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program after a partial audit.

Economists expect inflation slowed again in October as high interest rates take hold

Forecasters anticipate Canada's inflation rate took another dip in October as gasoline prices fell from the previous month and grocery prices rise more slowly.

Feds launch $10M program for small businesses in Indigenous tourism

The federal government has launched a $10-million program to provide grants to small businesses involved in Indigenous tourism across Canada.

Canopy Growth says Ontario court has approved sale of BioSteel business

Canopy Growth Corp. says an Ontario court has approved the sale of its BioSteel sports drink business in a pair of deals.

Small business owners call on government to take on Amazon, level playing field

An association representing 97,000 of Canada's small businesses is calling on Ottawa to do more to address Amazon.com Inc.'s dominance.

Workers at 17 No Frills stores in Ontario set Monday strike deadline

Almost 1,300 workers at 17 No Frills grocery stores in Ontario could be on strike next week, as the union that represents them has set a strike deadline of 12:01 a.m. on Monday.

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