The Canadian Press

Conference Board predicts economic growth to slow to near standstill until spring

The think tank says it expects there will be essentially zero economic growth from the second half of this year through to the first quarter of 2023.

Most consumers and businesses expect recession; views on inflation diverge: BoC

Consumers have become more pessimistic about inflation in the short run, while business expectations for inflation have eased.

CREA reports home sales in typically busy September continued to slow

Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for the month.

RBC economists say recession could arrive as early as Q1 of next year

In a new report, the economists say the downturn won't hit households and businesses equally.

Cap on international students’ working hours should be lifted permanently: advocates

Immigration Minister announced the federal government would temporarily remove the 20-hour cap on the number of hours international students can work to address labour shortages.

Foot traffic steadily rising in Ottawa and other Canadian cities, new data shows

New data shows foot traffic in the nation’s capital is up 105 per cent as of the week of Sept. 19, making it the best-performing Canadian city over the past several months.

Shopify, publishers ask court to dismiss case alleging company profited from piracy

Shopify Inc. and a group of textbook publishers, which accused the tech company of profiting from content that is pirated or infringes on their trademarks, have asked a U.S. court to dismiss the case.

Travel industry braces for busy winter season as Canadian travellers ready for sun

Expert say that demand could spike further if remaining COVID-19 restrictions such as vaccine mandates are lifted, encouraging travellers who were previously hesitant to fly due to the restrictions.

Why tech companies are opening new offices despite allowing remote, hybrid work

Shopify is one of the many tech companies not backing away from new digs even as their leaders espouse hybrid or remote work arrangements.

Canadian economy grew slightly in July, Statistics Canada says

Statistics Canada said Thursday that the economy grew by 0.1 per cent in July, outperforming its preliminary estimate that pointed to a contraction of 0.1 per cent.

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