The Canadian Press

Bank of Canada holds key rate for first time in a year, leaves door open to hikes

The central bank said Wednesday that it has decided to hold its key rate at 4.5 per cent based on its assessment of recent economic

Ontario maple syrup producers hit by climate change, some urge carbon reductions

Eastern Ontario Business Journal

Increasingly unpredictable winter temperatures have Ontario maple syrup producers concerned about how climate change will affect the industry’s future.

Women powered pandemic shift toward higher-paying jobs, but pay gap persists: RBC

Canada & World

Women have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in

New concept retailer Team Town Sports will consider vacant Nordstrom locations, exec says

Canada & World, Retail

Canadian retailer Sporting Life Group is launching a new chain of big box stores that will cater to players of team sports of all ages

Mall landlords likely to get ‘creative’ to fill Nordstrom vacancies: experts

Retail, Canada & World

Nordstrom’s departure from Canada’s retail landscape will leave significant holes in shopping malls, and some analysts say landlords will need to get creative to fill

BoC expected to hold interest rate next week, one year after aggressive cycle began

Canada & World

One year after the Bank of Canada’s aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding

Insolvency filings in Canada in January up 33.7% compared with a year earlier

Canada & World

The federal regulators said there were 9,066 total insolvencies filed in the first month of the year, up 33.7 per cent from 6,779 in January

UPDATED: Economy posted no growth in the fourth quarter, but consumer spending is holding on

Canada & World

On Tuesday, Statistics Canada said real gross domestic product was unchanged in the fourth quarter of 2022 after five consecutive quarters of growth.

Industry minister announces $250 million to train workers for emerging sectors

Canada & World

The program will help 15,000 mid-career workers to transition into new positions in sectors including clean tech, cybersecurity and bio manufacturing, he said.