The Canadian Press

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines.

The central bank released its fourth-quarter business outlook and consumer expectation surveys Monday, giving some insight into how high inflation and interest rates are affecting Canadian consumers and businesses.

Mona Fortier, the president of the Treasury Board, said the purpose of the hybrid work model is to increase collaboration between colleagues. But an internal document suggests there could be hiccups.

Canadian households and the overall economy have proven surprisingly resilient in the face of rising interest rates, said senior economists from the big banks.

The housing market outlook from economist Rishi Sondhi attributes the prediction to the poorest affordability level since the late 80s and early 90s.

The tight labour market, combined with a changing workforce and stubborn inflation, might make this recession different from those that preceded it.

A new study on work-life balance says flexible schedules and shorter work weeks can lead to more productive, healthy and loyal workers.

That number has risen steadily over the last year and a half, from about 21 per cent of employees on the hunt for a new job in June 2021 to 28 per cent a year ago and 31 per cent six months ago.

Small business owners have a slightly better outlook on the year ahead than a month ago but their short-term outlook has worsened

Grocery prices climbed at a faster annual rate in November. The federal agency said prices rose 11.4 per cent annually, up from 11 per cent in October.