The Canadian Press

Canopy Growth Corp. says it has signed deals with its secured and unsecured lenders that it expects will help the cannabis company reduce its total debt by about $437 million over the next six months.

The Canadian Real Estate Association has downgraded its home sales forecast for this year and next as fewer buyers jump into the market.

The Bank of Canada raised its key interest rate by a quarter of a percentage point this morning, bringing it to 5 per cent.

New Democrats and a business group are calling on the federal government to extend the deadline for small businesses to repay loans they received from a pandemic support program.

The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth slows, but with another solid job gain last month, forecasters are still expecting a rate hike next week.

The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse.

Businesses continue to expect wage and price increases to be larger than normal, but they are shifting to closer to what they were before the pandemic, a new survey by the Bank of Canada suggests.

Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.

The cannabis company is selling some of its facilities as part of an organizational transformation announced last year to help cut spending.

Canada's industry minister says he thinks the country is "ahead of the curve" with its approach to AI, beating even the European Union.