Cannabis retailer Fire & Flower Holdings Corp. says it has received a court order for creditor protection under the Companies' Creditors Arrangement Act.
Nine in 10 Canadian construction companies say they are dealing with a shortage of skilled labour or trades and may need to consider alternatives, such as prefabrication and modularization or innovative new technology.
Momentum in the Canadian economy is spurring speculation that an interest rate hike is on the way, but economists don't expect the Bank of Canada to pull the trigger this week.
Professional Engineers Ontario has said that dropping the Canadian work experience requirement for licence applications moves it to a model focused on competency, rather than geography.
"Once you condition consumers to certain prices, it may take a generation to change perceptions and price tolerances," said David Lobo, Ontario Cannabis Store president and chief executive.
A new report says Canada’s venture capitalists are being more cautious with their investments after a historically frothy year in 2021 – but activity at Ottawa-based VCs should remain fairly steady thanks to their focus on seed and early-stage deals, an expert says.
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again.