Canadian labour market shows no signs of slowing despite high interest rates
Employment growth in Canada blew past economists’ predictions in January, even as forecasters had expected higher interest rates to weigh on the labour market.
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The Canadian Press
Shopify launches new shopping, shipping tools in semi-annual product showcase
The latest batch of the Ottawa-based firm’s updates come as its stock price remains in a slump and as it charts a new future after
UPDATED: Cannabis firm Canopy Growth to lay off 800, close Smiths Falls HQ
The Smiths Falls-based cannabis company said Thursday that the layoff will impact 35 per cent of its workforce and take place over the next several
Hot economy, inflation were at crux of BoC’s last rate decision: summary
The Bank of Canada’s governing council ultimately decided to hike its key interest rate last month because of ongoing strength in the economy and inflationary
Canadian business insolvencies up 37.2 per cent in 2022, consumer insolvencies up 11.2 per cent
The number of insolvencies filed by Canadian companies is up — and at least one business organization predicts that figure will keep growing.
Union files complaint against CRA over work-from-home rules
A union representing federal public servants has filed a bad-faith bargaining complaint against the Canada Revenue Agency.
Slowing growth a ‘good thing’ when economy is overheated: BoC’s Macklem
Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is
Meet me in the metaverse: Some companies set up shop in a digital environment
A growing group of companies is setting up offices in a virtual world called the metaverse to push the envelope and learn more about the
Extreme cold weather in Ottawa leaves Winterlude outdoor activities cancelled
The city’s annual winter festival is off to a cold start and has decided to cancel numerous outdoor events.
Immigration increase alone won’t fix the labour market, experts say
With the unemployment rate at historic lows, many companies are “starved” for workers, and new immigrants will help fill some of the need, some experts
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