The Canadian Press

Canadian home sales drop 40 per cent in February compared with year ago

The association says February sales were comparable to what was recorded during the same month in 2018 and 2019, before the COVID-19 pandemic.

Tech sector expects collapse of SVB to have ‘chilling’ effect on investments

Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank will have a chilling effect on investments in their industry.

Freeland meets with bank regulator head, BoC following U.S. bank collapse

Finance Minister Chrystia Freeland is assuring that Canada's financial institutions are secure after meeting with the head of Canada's bank regulator and the Bank of Canada.

Ottawa company teaching autonomous vehicles to ‘see’ snow, drive in bad weather

Drivers for Sensor Cortek get behind the wheel of a car covered in sensors hit the road to solve one of Canada's biggest roadblocks to autonomous vehicle adoption: snow.

Canada’s 2023 federal budget coming March 28: Finance Minister Chrystia Freeland

The Canadian economy is expected to slow significantly this year and potentially enter a recession as high interest rates squeeze the budgets for individuals and businesses alike.

Canadian economy added 22,000 jobs last month, unemployment held steady

Employment in Canada rose slightly last month after January's jobs report raised eyebrows among economists anticipating a slowdown in the labour market this year.

Bank of Canada holds key rate for first time in a year, leaves door open to hikes

The central bank said Wednesday that it has decided to hold its key rate at 4.5 per cent based on its assessment of recent economic data.

Ontario maple syrup producers hit by climate change, some urge carbon reductions

Increasingly unpredictable winter temperatures have Ontario maple syrup producers concerned about how climate change will affect the industry's future.

Women powered pandemic shift toward higher-paying jobs, but pay gap persists: RBC

Women have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, says a new report.

New concept retailer Team Town Sports will consider vacant Nordstrom locations, exec says

Canadian retailer Sporting Life Group is launching a new chain of big box stores that will cater to players of team sports of all ages and genders.

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