Investment in Canadian fintech firms down more than 50% in first half of 2022: KPMG
The auditing firm says fintech companies in the country garnered US$810 million in investments across 85 deals in the first half of 2022, down from
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The Canadian Press
Ottawa’s unemployment rate falls to 3.4% in August, bucking national trend
It marks the capital’s lowest unemployment rate since at least March 2001 – the earliest date for which statistics are available.
Lower economic growth necessary to bring inflation down: BoC senior deputy governor
Bank of Canada senior deputy governor Carolyn Rogers says the journey back to two per cent inflation will take time and a that period of
Shopify names Morgan Stanley executive as new chief financial officer
Shopify founder and chief executive Tobi Lutke says the company will benefit from Hoffmeister’s more than 20 years of investment banking experience in the technology
Bank CEOs say higher rates starting to dampen growth
The heads of Canada’s biggest banks say rising interest rates are starting to have their intended effect of slowing demand but that they continue to
UPDATED: Bank of Canada raises key interest rate by 0.75%, says rates likely need to go higher
The Bank of Canada raised its key interest rate by three-quarters of a percentage point Wednesday and signalled this won’t be the last increase as
Cannabis retailer Superette granted court protection from creditors
In an order made by the Ontario Superior Court on Aug. 30, cannabis retailer Superette Inc. has been granted court protection from creditors under the
Remote work debate intensifies as companies mandate return to office after Labour Day
A return-to-office showdown is pitting some bosses and workers against each other as the back-to-school season brings with it a renewed push to get employees
BoC expected to raise interest rate for fifth time at pivotal moment for economy
Inflation appears to have peaked, but it’s still running hot, and a supersized rate hike from the Bank of Canada next week is widely expected.
Canadian economic growth lags expectations in Q2; July estimate points to contraction
The Canadian economy grew at an annual rate of 3.3 per cent in the second quarter, bringing the quarterly reading below estimates and an early
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