New census data shows how commuting dropped during pandemic, labour force aging
There were 2.8 million fewer commuters in 2021 than in 2016 as the pandemic drove a shift toward remote work, according to Statistics Canada.
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The Canadian Press
Canopy Growth breaks out Canadian operations in new unit, lays off 55
Canopy Growth Corp. says it will be breaking out its Canadian cannabis operations into a stand-alone business unit and laying off 55 staff. Brenna Eller,
Economists see underlying signs of weakening in third quarter GDP numbers
Although the headline growth rate is significantly stronger than forecasters had anticipated, the fall in consumer spending suggest higher interest rates are beginning to affect
Government can’t solve housing issues alone, private sector must be involved: CMHC
The report by CMHC deputy chief economist Aled ab Iorwerth says the scale of the problem is so large that the private sector must be
Shopify says merchant sales set Black Friday record at US$3.36 billion
Shopify Inc. says sales by merchants on its system set a new record for Black Friday as they rose 17 per cent compared with a
Long term rate hikes effects will be ‘more powerful’ than people think: Poloz
Speaking at a conference hosted by Western University’s Ivey Business School in Ottawa on Thursday, the former governor warned today’s economy is more sensitive to
Inflation relief measures should be well targeted and temporary, says Macklem
The federal government along with provincial governments have responded to high inflation with measures aimed at softening the blow on Canadians’ finances.
Canada falling behind as electric vehicle sales pick up around the world
Electric-vehicle sales in Canada grew by more than one third in the first half of this year but they are not keeping pace with the
Mass layoffs don’t deter tech workers as they stick with sector, look to startups
Layoffs tracker Layoffs.fyi has counted layoffs at 788 companies worldwide, resulting in at least 120,699 workers losing their jobs.
Canada’s annual inflation rate was unchanged in October
Canada’s annual inflation rate held steady at 6.9 per cent last month.
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