Interest rate hikes might be over but don’t expect housing market to flare up: BMO
One Bay Street economist says it’s unlikely the housing market will flare up, despite the Bank of Canada’s decision to keep its key interest rate
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The Canadian Press
Bank of Canada may need to raise interest rates again, despite this week’s hold: Macklem
Bank of Canada Governor Tiff Macklem said the central bank may have to raise interest rates further, given inflation may stay high for some time.
Weakening economy convinces BoC to hold key rate, but door to more hikes stays open
The Bank of Canada held its key interest rate steady at five per cent on Wednesday, deciding against another rate hike as the economy begins
Canada’s tech industry experiencing shift away from remote work
While companies in other industries are mandating workers return to the office, the tech sector’s shift is notable—and even shocking to some—because the industry was
Economists see Bank of Canada holding on rates after surprise GDP contraction
Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada’s rate hiking campaign may be
Online News Act could see Google, Meta pay combined $230 million to Canadian media
The federal government has put a price tag on how much it would like to see Google and Meta spend under an act requiring the
Canadian pot stocks climb on reports that U.S. may ease cannabis restrictions
Embattled Canadian cannabis stocks have been climbing on the hope that the U.S. may ease restrictions on the substance.
Shopify shares rise after deal with Amazon to integrate ‘Buy with Prime’ in Shopify stores
Shopify Inc. has reached an agreement with rival Amazon.com Inc. that will allow Shopify merchants to embed Amazon’s logistics capabilities within their Shopify stores.
Kimberly-Clark pulling Kleenex tissues from store shelves in Canada
U.S. manufacturer Kimberly-Clark says its Kleenex consumer facial tissue business is leaving Canada this month.
Return of live shows after COVID closures revived performing arts industry: StatCan
A new report from Statistics Canada says the return of live shows and events after pandemic restrictions revived the country’s performing arts industry in 2022,
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