Report says fintech investments down in first half of 2023 as valuations tumble
A report by KPMG in Canada says investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels
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Canopy Growth to sell Smiths Falls facility back to Hershey Canada for $53M
The Hershey building in Smiths Falls is headed back into the hands of the company that made the facility famous. Cannabis company Canopy Growth Corp.
Ottawa’s Trillium LRT line newly delayed, won’t open until November at earliest
A public transit official says in a memo to Ottawa’s mayor and city council that a date for the opening of the north-south Trillium Line
Office vacancy rate could peak in 2024 as hybrid work models gain popularity: report
A new report by Colliers Canada predicts the national office vacancy rate could peak at approximately 15 per cent by the end of 2024 as
Survey shows employers, workers might be aligning on hybrid work
The new data from recruiting company Robert Half found that hybrid working arrangements were favoured by 54 per cent of hiring managers, compared with 49
July home sales see largest annual rise in two years: CREA
July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said
As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC
Canada’s annual inflation rate rose to 3.3 per cent in July as worries grow that progress on getting prices under control will stall.
Economists expect rise in inflation as price growth fight enters new phase
Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines
Shopify optimistic about ‘new shape’ of business following layoff, AI announcements
Shopify says it recorded a US$1.3-billion loss in its most recent quarter as the company laid off 20 per cent of staff and sold its
All news in Canada will be removed from Facebook, Instagram within weeks: Meta
Discovering news articles and videos on Facebook and Instagram will soon become a relic of the past, as Meta announced it is officially ending news
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