The Canadian Press

Small businesses welcome federal government’s promised action on credit card fees

Ottawa

The government’s mention of credit card transaction fees in last Thursday’s fall economic statement is “a step in the right direction” but might not help

‘I love Ottawa’: Canadian actor Ryan Reynolds confirms interest in buying Senators

Ottawa

The rumours are true – Ryan Reynolds wants to buy the Ottawa Senators. Tonight Show host Jimmy Fallon asked Reynolds directly if the Canadian movie star

Seasonal job postings soar, but employers may struggle to fill them, Indeed says

Canada & World

Indeed’s holiday hiring trends report released Wednesday said that seasonal postings for this winter are up 28 per cent compared with last year, and up

Jordan Pizzuti presents three fine dining locations to impress your next big client. (File photo)

Restaurants hope for holiday boom, but looming recession causes concern

Ottawa

Some restaurants and bars are starting to book holiday parties, but it remains to be seen whether bookings will return to pre-pandemic levels, expert says.

Canopy warns Nasdaq objects to plans for U.S. holding company, could delist pot firm

Eastern Ontario Business Journal

Canopy Growth Corp. is warning a U.S. holding company it wants to set up could be delisted from the Nasdaq stock exchange, which is objecting

Venture debt in the spotlight amid tech downturn, falling valuations

Canada & World

Venture debt is handy for extending a company’s runway, making it popular as businesses navigate a downturn that has triggered mass layoffs, spending cuts and

‘We will get back there’: Shopify exec promises return to profitability after loss

Techopia

Shopify Inc.’s president says the company is focused on tamping down on operating expenses as it strives to get back to profitability.

Bank of Canada raises interest rate by half percentage point, says more hikes to come

Canada & World

Economists were split on whether the Bank of Canada would go with half or three-quarters of a percentage point hike ahead of today’s decision.

Canopy Growth looks to grow U.S. business with new holding company structure

Eastern Ontario Business Journal

The company says the establishment of Canopy USA LLC will enable it to exercise its rights to acquire U.S. cannabis companies Acreage, Wanna and Jetty.