The Canadian Press

Self-employment pulls back as younger Canadians shy away from entrepreneurship: RBC

Younger Canadians don't want to be their own bosses, intensifying the slowdown in entrepreneurship in Canada, according to a new RBC report.

Frequent price increases by businesses contributing to sticky inflation: BoC official

Bank of Canada deputy governor Nicolas Vincent says businesses raising their prices more frequently than they did before the pandemic is contributing to higher-than-expected inflation.

Shopify CEO discouraging staff from side hustles that divert attention from company

In a memo, Shopify CEO Tobi Lutke said the e-commerce company's mission to build world-class software requires the undivided attention of its staff.

Statistics Canada reports real GDP essentially unchanged in July

Statistics Canada said Friday real GDP was essentially unchanged for the first month of the third quarter, following a 0.2 per cent decline in June.

Economy will be ‘back on its feet’ next year, Deloitte Canada says

The struggles facing the economy will ease next year when growth returns and the Bank of Canada begins cutting its key lending rate, a new forecast from Deloitte Canada said.

Tech community weighing how to balance AI’s risks and rewards at Elevate conference

Members of Canada's tech community are concerned about how the country will rein in the risks of AI without stifling innovation.

Canadian pot companies cheer as Senate committee advances cannabis finance reforms

Canadian cannabis companies are cheering a Senate committee's decision today to push forward with easing federal financing restrictions on the U.S. industry.

Feds roll out voluntary code of conduct for AI as ‘fear’ persists over its use

The federal government on Wednesday unfurled a voluntary code of conduct for generative AI, as anxiety persists over its proliferation and pace of development.

Developer says it will build 1,000-plus rental units in Ottawa because of Liberals’ GST break

A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.