The Canadian Press

Shopify says merchant sales set Black Friday record at US$3.36 billion

Shopify Inc. says sales by merchants on its system set a new record for Black Friday as they rose 17 per cent compared with a year ago.

Long term rate hikes effects will be ‘more powerful’ than people think: Poloz

Speaking at a conference hosted by Western University's Ivey Business School in Ottawa on Thursday, the former governor warned today's economy is more sensitive to interest rates than it was 10 years ago.

Inflation relief measures should be well targeted and temporary, says Macklem

The federal government along with provincial governments have responded to high inflation with measures aimed at softening the blow on Canadians' finances.

Canada falling behind as electric vehicle sales pick up around the world

Electric-vehicle sales in Canada grew by more than one third in the first half of this year but they are not keeping pace with the rest of the world.

Mass layoffs don’t deter tech workers as they stick with sector, look to startups

Layoffs tracker Layoffs.fyi has counted layoffs at 788 companies worldwide, resulting in at least 120,699 workers losing their jobs.

Canada’s annual inflation rate was unchanged in October

Canada’s annual inflation rate held steady at 6.9 per cent last month.

Canadian October home sales up from September, first monthly increase since February

The Canadian Real Estate Association says home sales in October posted their first monthly gain since February. The...

Canadians, economists alike saw little relief from inflation in October: forecasters

Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last month.

Employers concerned about worker burnout, retention amid tight job market: survey

A new survey says Canadian employers are concerned about employee burnout and high turnover amid the ongoing labour shortage.

Canada’s low unemployment rate is unsustainable, contributing to inflation: Macklem

Canada's low unemployment rate is not sustainable and is contributing to decades-high inflation, Bank of Canada governor...

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