The Canadian Press

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.

New Senators owner Andlauer says team, city stakeholders committed to building new arena

Any changes the new owner of the Ottawa Senators will make will be through the lens of...

NHL board of governors approves sale of Ottawa Senators to Andlauer group

The sale of the Ottawa Senators is finally official. The NHL announced Thursday that the transfer of the...

Freeland introduces bill to remove GST off rental developments, amend competition law

Finance Minister Chrystia Freeland introduced legislation Thursday morning that would remove GST charges from new rental developments and update the country's competition law.

BoC watching its words to avoid spurring interest rate cut speculation, summary reveals

The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon.

Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC

Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer price index report showed inflation climbed in August for the second month in a row.

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