Canada headed towards ‘moderate’ recession in 2023: RBC economists
Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report
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The Canadian Press
CMHC says residential mortgage debt grew last year by fastest pace since 2008
Federal housing agency says growth was driven by increases in both the value and volume of uninsured mortgages for property buying and refinancings.
Bank of Canada’s rapid rate hikes likely to cause a recession, study finds
The research institute says if the central bank aims to bring inflation down from 7.7 per cent to its two per cent target by quickly
Bank of Canada surveys suggest business and consumer inflation expectations up
Central bank says businesses’ expectations for near-term inflation have increased, and firms expect inflation to be high for longer than they did in the previous
Air Canada to slash summer flight schedule as airports face lengthy delays
Air Canada is cutting more than 15 per cent of its scheduled flights in July and August as airports face lengthy delays and cancellations amid
Canopy Growth to exchange C$255.4M in notes for shares and a bit of cash
Under the agreement with a limited number of noteholders, the Smiths Falls-based cannabis company will acquire the 4.25 per cent unsecured convertible senior notes due
From Roots to Canada Goose, Canadian retailers use collaborations to woo customers
“Collaborations let us leverage other people’s creativity by allowing them to play around with our iconic outerwearpieces.”
Canada joins international agreement to help Indigenous businesses access new markets
Ng paid tribute to First Nations’ businesses and said support would be offered by the government to help these companies, including those from Nunavut and
Over 22 million housing units needed by 2030 to solve affordability crisis: CMHC
Achieving housing affordability for everyone in Canada will require developers to become more productive and make full use of land holdings to build more housing,
Canada’s house price boom strongest in suburbs as gap with downtown shrinks: Study
The Bank of Canada said in a study Monday that the closure of many downtown services coupled with a desire for more living space increased
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