The Canadian Press

May home sales down 22% since last year, 9% from April: CREA

Economists attribute much of the cooling to rising interest and mortgage rates.

Pot company Hexo’s restructuring to include loss of 450 jobs, Belleville facility closure

Gatineau-based marijuana producer says in financial filings that the reduction will result in annualized savings of $30.6 million and is meant to simplify its organizational structure.

Pandemic spurs entrepreneurial boom in Canada as new startups surge, new poll says

While half the small business owners surveyed said rising costs and inflation are a challenge, 90 per cent of new entrepreneurs said they still feel optimistic about the future.

Pandemic spurs entrepreneurial boom in Canada as new startups surge, new poll says

While half the small business owners surveyed said rising costs and inflation are a challenge, 90 per cent of new entrepreneurs said they still feel optimistic about the future.

Bank of Canada says economy can handle higher rates despite household debt risks

High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can handle the rising interest rates needed to tame inflation, central bank says.

Retailers’ renewed confidence in brick and mortar fuelling surge in commercial leases

Ottawa-born BeaverTails is among the chains that are looking to expand their national footprints as consumers start shopping and eating out in greater numbers.

Shopify releases shareholder vote tally on proposal to give CEO key voting rights

Company says 53.68 per cent of shareholders, excluding founder and chief executive Tobi Lütke, voted in favour of a plan to grant him key voting power at the company.

Shopify shareholders approve new voting rights for CEO Tobi Lütke, stock split

Move ensures Lütke, his family and affiliates will hold 40 per cent of the e-commerce software giant's voting power.

Canadian tech community braces for possible downturn as stocks fall, inflation rises

Members of Canada's tech sector say that anxiety is being felt across the industry as rising interest rates and 30-year inflation highs weigh on businesses.

Ontario PCs win second majority

Ontario's main political parties are charting new courses forward today, with one heading into a second term with an even stronger mandate than before and two others searching for new leaders.

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