The Canadian Press

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.

Canopy Growth looks to grow U.S. business with new holding company structure

The company says the establishment of Canopy USA LLC will enable it to exercise its rights to acquire U.S. cannabis companies Acreage, Wanna and Jetty.

Canadian economy lost almost $13B due to manufacturing labour shortage: report

The penalties and loss of sales resulting from these issues totalled $7.2 billion, according to Canadian Manufacturers and Exporters' (CME).

Bank of Canada expected to raise interest rates on Wednesday as recession fears grow

Wednesday's announcement would make it the sixth consecutive time the Bank of Canada raises interest rates this year in response to decades-high inflation.

Canada’s hotter than expected inflation reading sets stage for another rate hike

In its latest consumer price index report, Statistics Canada said the slight deceleration from 7.0 per cent inflation in August is mostly attributed to lower gas prices.

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