The Canadian Press

Inflation appears to have peaked, but it's still running hot, and a supersized rate hike from the Bank of Canada next week is widely expected.

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.

After fuelling Canada's economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate.

The agency says employers were actively seeking to fill 1,037,900 positions compared with 1,005,700 in May.

A recent New York court filing shows all parties voluntarily agreed to dismiss the case in June and cover their own legal costs stemming from the matter.

Industry observers say bottlenecks and shipping delays stem from several choke points along the supply chain, including backed-up warehouses, staff shortages and rail capacity.

The company said the relaunched Zellers will offer "a digital-first shopping journey that taps into the nostalgia of the brand."

The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed.

On a seasonally adjusted basis, the association says sales in July fell 5.3 per cent compared with June. The actual number of sales last month was 37,975, down 29 per cent compared with July last year.