Report says fintech investments down in first half of 2023 as valuations tumble
A report by KPMG in Canada says investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels
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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.
July home sales see largest annual rise in two years: CREA
July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said
As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC
Canada’s annual inflation rate rose to 3.3 per cent in July as worries grow that progress on getting prices under control will stall.
Economists expect rise in inflation as price growth fight enters new phase
Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines
Op-ed: Meta has crossed a line by banning news – how OBJ suggests that you respond
“I’ve got a lot to say about this, some of which might be surprising, some of which might be illuminating. Buckle up,” writes OBJ publisher
All news in Canada will be removed from Facebook, Instagram within weeks: Meta
Discovering news articles and videos on Facebook and Instagram will soon become a relic of the past, as Meta announced it is officially ending news
Economy grew in May despite wildfire effects, looks to have slowed in June: StatCan
The economy grew by 0.3 per cent in May despite pressure from wildfire-hit oil and gas, per Stats Can, but seemed to slow in June.
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
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
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