Tech sector says more job cuts to come as Elevate conference gets underway
Recent data counts 630 startups worldwide which have let go of 80,902 employees this year alone. About 1,193 startups have laid off 176,874 workers since
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BDC launches $500M investment platform to help boost women led businesses
The $500-million investment platform will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle in the
Canadian employers sought to fill nearly one million jobs in Q2
Statistics Canada says employers were actively seeking to fill 997,000 jobs in the second quarter, the highest quarterly number on record.
Canada’s inflation rate cools in August but grocery prices continue to climb
In its latest monthly consumer price index (CPI) report, Statistics Canada said grocery prices rose at the fastest rate since 1981, with prices up 10.8
CMHC reports annual rate of housing starts in August down from July
The national housing agency says the seasonally adjusted annual rate of housing starts in August was 267,443 units, down three per cent from 275,158 in
CREA lowers expectations for home sales and price growth for 2022
In its latest housing market outlook released Thursday, the association said it expects 532,545 properties to trade hands via Canadian MLS systems this year.
Investment in Canadian fintech firms down more than 50% in first half of 2022: KPMG
The auditing firm says fintech companies in the country garnered US$810 million in investments across 85 deals in the first half of 2022, down from
Ottawa’s unemployment rate falls to 3.4% in August, bucking national trend
It marks the capital’s lowest unemployment rate since at least March 2001 – the earliest date for which statistics are available.
Lower economic growth necessary to bring inflation down: BoC senior deputy governor
Bank of Canada senior deputy governor Carolyn Rogers says the journey back to two per cent inflation will take time and a that period of
Shopify names Morgan Stanley executive as new chief financial officer
Shopify founder and chief executive Tobi Lutke says the company will benefit from Hoffmeister’s more than 20 years of investment banking experience in the technology
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