The Canadian Press

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.

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 this month.

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 isn't flowing in the same way now.

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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Signed, Sealed…Updated? Revising Employment Agreements the Legal Way

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