The Canadian Press

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 in inflation.

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 logistics business.

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 availability in Canada.

Economy grew in May despite wildfire effects, looks to have slowed in June: StatCan

The economy grew by 0.3 per cent in May despite pressure from wildfire-hit oil and gas, per Stats Can, but seemed to slow in June.

Canadian venture capital funding bounces back in Q2 but first half lags behind 2022

CPE Analytics says Canadian venture capital funding rose in Q2, but funding levels are still well off what they were for the first six months of 2022.

Montreal’s new, for-profit light-rail system: national model or cautionary tale?

Unlike other major transit projects in Canada, Montreal's light-rail train opened quickly, and the government didn't get in the way.

Canada Goose launches second-hand, trade-in program in Canada

The Toronto-based, luxury apparel company announced Thursday that it is bringing Generations, a platform allowing consumers to shop for and trade in pre-loved pieces from the brand, to Canada.

BoC mindful of not overdoing interest rate hikes, summary of deliberations reveals

The Bank of Canada says it's trying to not raise interest rates more than it has to, as members of the governing council are mindful of the risks associated with raising rates too much.

Shopify dives deeper into AI with new products, including chatbot for merchants

Shopify's AI tool kit is now expanding to include Sidekick, a chatbot the company's merchant customers can use to ask questions about business operations.

Canadian Chamber of Commerce joins calls for extension of CEBA repayment deadline

The Canadian Chamber of Commerce and a coalition of industry associations have joined calls to extend the deadline for small businesses to repay pandemic loans received through the CEBA program.

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