Most consumers and businesses expect recession; views on inflation diverge: BoC
Consumers have become more pessimistic about inflation in the short run, while business expectations for inflation have eased.
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CREA reports home sales in typically busy September continued to slow
Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for
RBC economists say recession could arrive as early as Q1 of next year
In a new report, the economists say the downturn won’t hit households and businesses equally.
Cap on international students’ working hours should be lifted permanently: advocates
Immigration Minister announced the federal government would temporarily remove the 20-hour cap on the number of hours international students can work to address labour shortages.
Foot traffic steadily rising in Ottawa and other Canadian cities, new data shows
New data shows foot traffic in the nation’s capital is up 105 per cent as of the week of Sept. 19, making it the best-performing
Shopify, publishers ask court to dismiss case alleging company profited from piracy
Shopify Inc. and a group of textbook publishers, which accused the tech company of profiting from content that is pirated or infringes on their trademarks,
Travel industry braces for busy winter season as Canadian travellers ready for sun
Expert say that demand could spike further if remaining COVID-19 restrictions such as vaccine mandates are lifted, encouraging travellers who were previously hesitant to fly
Why tech companies are opening new offices despite allowing remote, hybrid work
Shopify is one of the many tech companies not backing away from new digs even as their leaders espouse hybrid or remote work arrangements.
Canadian economy grew slightly in July, Statistics Canada says
Statistics Canada said Thursday that the economy grew by 0.1 per cent in July, outperforming its preliminary estimate that pointed to a contraction of 0.1
Ottawa home prices expected to decrease two per cent this fall, Re/Max says
The average price of a residential property in the capital was $550,933.75 at the end of August, down 1.1 per cent from a year earlier,
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