The Canadian Press

Ont. AI sector saw big job gains recently, but won’t be unscathed by downturn: report

Research shows Ontario's artificial intelligence industry saw tremendous growth before this year's broader tech downturn materialized, but...

UPDATED: Canopy Growth CEO hopeful for cannabis reforms after U.S. midterms

The head of Canopy Growth Corp. has high hopes for the U.S. Senate and potential cannabis legislation...

Small businesses welcome federal government’s promised action on credit card fees

The government's mention of credit card transaction fees in last Thursday's fall economic statement is “a step...

‘I love Ottawa’: Canadian actor Ryan Reynolds confirms interest in buying Senators

The rumours are true – Ryan Reynolds wants to buy the Ottawa Senators. Tonight Show host Jimmy Fallon asked...

Seasonal job postings soar, but employers may struggle to fill them, Indeed says

Indeed's holiday hiring trends report released Wednesday said that seasonal postings for this winter are up 28 per cent compared with last year, and up 40 per cent from 2019 levels.

Restaurants hope for holiday boom, but looming recession causes concern

Some restaurants and bars are starting to book holiday parties, but it remains to be seen whether bookings will return to pre-pandemic levels, expert says.

Canopy warns Nasdaq objects to plans for U.S. holding company, could delist pot firm

Canopy Growth Corp. is warning a U.S. holding company it wants to set up could be delisted from the Nasdaq stock exchange, which is objecting to some of its plans.

Venture debt in the spotlight amid tech downturn, falling valuations

Venture debt is handy for extending a company's runway, making it popular as businesses navigate a downturn that has triggered mass layoffs, spending cuts and falling valuations across the sector.

‘We will get back there’: Shopify exec promises return to profitability after loss

Shopify Inc.'s president says the company is focused on tamping down on operating expenses as it strives to get back to profitability.

Bank of Canada raises interest rate by half percentage point, says more hikes to come

Economists were split on whether the Bank of Canada would go with half or three-quarters of a percentage point hike ahead of today's decision.

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