The Canadian Press

Wages are growing quickly in Canada, but so far not fast enough to match inflation, the report said.

Employment growth in Canada blew past economists' predictions in January, even as forecasters had expected higher interest rates to weigh on the labour market.

The latest batch of the Ottawa-based firm's updates come as its stock price remains in a slump and as it charts a new future after laying off 1,000 workers while admitting it misestimated its near-term growth rate. 

The Smiths Falls-based cannabis company said Thursday that the layoff will impact 35 per cent of its workforce and take place over the next several months.

The Bank of Canada's governing council ultimately decided to hike its key interest rate last month because of ongoing strength in the economy and inflationary pressures.

The number of insolvencies filed by Canadian companies is up — and at least one business organization predicts that figure will keep growing.

A union representing federal public servants has filed a bad-faith bargaining complaint against the Canada Revenue Agency.

Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is overheated.

A growing group of companies is setting up offices in a virtual world called the metaverse to push the envelope and learn more about the emerging technology.

The city's annual winter festival is off to a cold start and has decided to cancel numerous outdoor events.