Canadian venture capital funding bounces back in Q2 but first half lags behind 2022
CPE Analytics says Canadian venture capital funding rose in Q2, but funding levels are still well off what they were for the first six months
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Montreal’s new, for-profit light-rail system: national model or cautionary tale?
Unlike other major transit projects in Canada, Montreal’s light-rail train opened quickly, and the government didn’t get in the way.
Canada Goose launches second-hand, trade-in program in Canada
The Toronto-based, luxury apparel company announced Thursday that it is bringing Generations, a platform allowing consumers to shop for and trade in pre-loved pieces from
BoC mindful of not overdoing interest rate hikes, summary of deliberations reveals
The Bank of Canada says it’s trying to not raise interest rates more than it has to, as members of the governing council are mindful
Canadian Chamber of Commerce joins calls for extension of CEBA repayment deadline
The Canadian Chamber of Commerce and a coalition of industry associations have joined calls to extend the deadline for small businesses to repay pandemic loans
Canadian movie theatres brace for film release slowdown as Hollywood strikes continue
Canadian movie theatre owners say they’re nervously watching for developments in dual Hollywood strikes and plan to show more classics, cult favourites and live events
Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain high
Statistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range for the first
BoC raises key interest rate to 5%, expects slower return to inflation target
The Bank of Canada raised its key interest rate by a quarter of a percentage point this morning, bringing it to 5 per cent.
As pandemic business loan repayment deadline looms, calls for extending deadline grow
New Democrats and a business group are calling on the federal government to extend the deadline for small businesses to repay loans they received from
Bank of Canada expected to raise rates next week, despite rise in unemployment rate
The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth slows, but with another solid job gain
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