The Canadian Press

Slowing inflation not enough to prevent September interest rate hike, economists say

The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed.

Canadian home sales fall for fifth month in a row, down 29% from last July: CREA

Residential

On a seasonally adjusted basis, the association says sales in July fell 5.3 per cent compared with June. The actual number of sales last month

Experts weigh in on what tech companies can do to grow amid downturn

Techopia

One of the best-performing sectors during the pandemic, the technology sector is now facing a challenging time as a reversal in fortunes has companies tightening

Telus seeks to add credit card surcharge as restrictions set to lift

Techopia

Telus Corp. is trying to add a 1.5 per cent processing fee for customers who use a credit card after a class action settlement cleared

OCS capping pot shop orders and changing delivery window after partner’s cyberattack

Canada & World

Ontario’s cannabis wholesaler is temporarily capping the number of products retailers can order and expanding its delivery window as it works through a backlog caused

Housing correction gaining pace, to continue through next year: report

Real Estate

Desjardins is forecasting the average home price in Canada will decline by nearly 25 per cent by the end of 2023 from the peak reached

Pandemic benefits were too generous with businesses, stringent with workers: experts

Canada & World

Business supports were excessive and show the outsized influence of business groups on public policy, economists say.

Canadian economy avoids contraction in May, economists expect continued slowdown

Canada & World

The Canadian economy stayed flat in May, with real gross domestic product showing neither growth nor contraction after a 0.3 per cent expansion in April.

Public service unions say federal government’s guidance on hybrid work flawed

Canada & World

Federal public service unions say the government’s plan to get employees back to the office is confusing, disjointed and jeopardizing health and safety.