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.