The Canadian Press

Bank of Canada hikes key interest rate by quarter point, says it plans to hold

The rate increase marks the eighth consecutive hike since March as the central bank fights off decades-high inflation.

Companies’ diversity commitments at risk amid possible recession: study

A new report says that pledges made by companies to support diversity are at risk as the corporate sector prepares for a possible recession.

Discount grocers to outperform conventional stores as food prices surge: Report

Discount grocery stores are expected to outshine their conventional counterparts in 2023 as shoppers seek out cheaper food to cope with staggering price increases, a new report released Monday said.

Subcontracting ArriveCan development ‘seems highly illogical and inefficient:’ PM

The federal government paid millions of dollars over two years to GCstrategies, a two-person firm in Ottawa, for work related to the ArriveCan app.

Missing your favourite lunch spot? How food courts are emerging from the pandemic

As workers in Toronto's Financial District scurry through the Brookfield Place food court on their lunch breaks, the darkened Starbucks at the space's far end looms large.

Statistics Canada says November saw lowest number of people on EI in 25 years

Statistics Canada says November saw the lowest number of employment insurance beneficiaries on record in 25 years.

Wave of tech layoffs tips power back in favour of employers in sector

Members of Canada's tech industry say another wave of layoffs the sector saw this week is tipping the power dynamic back in favour of employers.

Cannabis company Hexo regains compliance with Nasdaq’s minimum bid price requirement

Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements.

BoC expected to deliver eighth consecutive rate hike, but it’s probably the last one

Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet.

Ottawa council eyes future of Wellington Street nearly a year after ‘Freedom Convoy’

Ottawa Mayor Mark Sutcliffe says the city's transportation committee will vote on whether to extend the closure of Wellington Street next week.

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