Bank of Canada senior deputy governor Carolyn Rogers says the journey back to two per cent inflation will take time and a that period of lower economic growth is necessary to bring inflation down.
Shopify founder and chief executive Tobi Lutke says the company will benefit from Hoffmeister's more than 20 years of investment banking experience in the technology sector.
The heads of Canada's biggest banks say rising interest rates are starting to have their intended effect of slowing demand but that they continue to notch growth.
The Bank of Canada raised its key interest rate by three-quarters of a percentage point Wednesday and signalled this won't be the last increase as it continues its battle against high inflation.
In an order made by the Ontario Superior Court on Aug. 30, cannabis retailer Superette Inc. has been granted court protection from creditors under the Companies' Creditors Arrangement Act.
A return-to-office showdown is pitting some bosses and workers against each other as the back-to-school season brings with it a renewed push to get employees back into the office.
The Canadian economy grew at an annual rate of 3.3 per cent in the second quarter, bringing the quarterly reading below estimates and an early look at July suggests a contraction.
Quiet quitting essentially refers to clocking in when you're expected to, doing your assigned tasks, leaving on time and not taking on extra work outside your regular hours.