Job search company Indeed says postings on its site for Canadian tech roles have dropped 32 per cent since May and are showing no signs of stabilizing.
"We've had to make some tough decisions...but one of the things that we've hopefully demonstrated to the world is that we're a company that is incredibly resilient," said Shopify president.
The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn't taking any chances in its efforts to get the inflation rate back to two per cent.
Tourism businesses in the province are generating 64 per cent of the revenues they saw in 2019, on average, and seven in 10 report they have taken on debt to stay afloat.