The Canadian Press

Experts weigh in on what tech companies can do to grow amid downturn

One of the best-performing sectors during the pandemic, the technology sector is now facing a challenging time as a reversal in fortunes has companies tightening their belts.

Telus seeks to add credit card surcharge as restrictions set to lift

Telus Corp. is trying to add a 1.5 per cent processing fee for customers who use a credit card after a class action settlement cleared the way for merchants to add the surcharge starting this fall.

OCS capping pot shop orders and changing delivery window after partner’s cyberattack

Ontario's cannabis wholesaler is temporarily capping the number of products retailers can order and expanding its delivery window as it works through a backlog caused by a cyberattack on its logistics partner.

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 in February of this year.

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. These are their stories.

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 diluted share a year earlier.

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 reason.

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