Canada & World

Immigration increase alone won’t fix the labour market, experts say

With the unemployment rate at historic lows, many companies are "starved" for workers, and new immigrants will help fill some of the need, some experts say.

Canadian economy grew slightly in November, expected to slow further

The Canadian economy grew slightly in November and looks to have stalled further at the end of the year as higher interest rates began to slow spending.

New alcohol recommendations could speed up changing drinking habits, businesses say

New guidance for drinking alcohol could speed up changing consumer drinking habits as younger generations drink less and non-alcoholic beverages become more popular.

Companies make progress on anti-Black racism, but workers worry about recession: poll

A survey by KPMG says most Black Canadians feel their employers made progress addressing anti-Black racism last year, but they worry about what a recession could mean for those gains.

As the BoC takes a pause from hiking rates, all eyes are on the labour market

On Wednesday, the central bank raised its key interest rate for the eighth consecutive time and said it was taking a conditional pause, keeping the door open to further rate hikes if inflation isn't tamed.

Bank of Canada hikes key interest rate by quarter point, says it plans to hold

The rate increase marks the eighth consecutive hike since March as the central bank fights off decades-high inflation.

Companies’ diversity commitments at risk amid possible recession: study

A new report says that pledges made by companies to support diversity are at risk as the corporate sector prepares for a possible recession.

Discount grocers to outperform conventional stores as food prices surge: Report

Discount grocery stores are expected to outshine their conventional counterparts in 2023 as shoppers seek out cheaper food to cope with staggering price increases, a new report released Monday said.

Subcontracting ArriveCan development ‘seems highly illogical and inefficient:’ PM

The federal government paid millions of dollars over two years to GCstrategies, a two-person firm in Ottawa, for work related to the ArriveCan app.

Missing your favourite lunch spot? How food courts are emerging from the pandemic

As workers in Toronto's Financial District scurry through the Brookfield Place food court on their lunch breaks, the darkened Starbucks at the space's far end looms large.

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