The Canadian Press

Businesses expect slower sales in short term as cost, labour issues persist: survey

The Canadian Chamber of Commerce says businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation.

Some federal public servants get remote work extension as others face deadline

Some federal government workers will be able to continue remote work for another year, as most face a March 31 deadline to return to the office at least two days a week.

Regulator says Silicon Valley Bank’s Canadian assets being restructured

Canada's banking regulator says the Canadian branch of Silicon Valley Bank is being restructured in a way that will allow it to continue operations in the country.

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.