
Housing correction gaining pace, to continue through next year: report
Desjardins is forecasting the average home price in Canada will decline by nearly 25 per cent by the end of 2023 from the peak reached

Housing correction gaining pace, to continue through next year: report
Desjardins is forecasting the average home price in Canada will decline by nearly 25 per cent by the end of 2023 from the peak reached

Pandemic benefits were too generous with businesses, stringent with workers: experts
Business supports were excessive and show the outsized influence of business groups on public policy, economists say.

Canadian economy avoids contraction in May, economists expect continued slowdown
The Canadian economy stayed flat in May, with real gross domestic product showing neither growth nor contraction after a 0.3 per cent expansion in April.

Public service unions say federal government’s guidance on hybrid work flawed
Federal public service unions say the government’s plan to get employees back to the office is confusing, disjointed and jeopardizing health and safety.

Help wanted: After pandemic pivots, where have Canadian workers gone?
If workers are leaving their jobs, where are they going? Back to school. Back to yoga. Toward public office, Uber driving, sales and writing.

Shopify posts Q2 loss of US$1.2 billion, a day after laying off 10% of staff
The Ottawa-based firm says it lost US$1.2 billion or 95 cents per diluted share, compared with a profit of US$879.1 million and 69 cents per

New Hexo CEO opens up about push to overhaul cannabis business after turmoil
CEO Charlie Bowman has already deepened his predecessor’s cuts and begun backing away from certain products, but he insists the moves are for a good

Rogers CEO defends outage response to MPs at committee hearing
Tony Staffieri faced questions from MPs about whether a lack of competition in the telecom sector might have contributed to the massive Rogers outage earlier

Startups grapple with raising funds amid tech downturn, fall in valuations
While money poured into startups as stocks soared and people sought technology to work from home during the first two years of the pandemic, cash

History taught the Bank of Canada what happens when it doesn’t control high inflation
TD chief economist Beata Caranci said inflation today might feel especially challenging because Canadians have been shielded from inflation volatility for decades.
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