Statistics Canada says job vacancies reached another new high in June
The agency says employers were actively seeking to fill 1,037,900 positions compared with 1,005,700 in May.
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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.
‘It’s like Lego bricks’: Shippers and consumers feel effects of overflowing ports
Industry observers say bottlenecks and shipping delays stem from several choke points along the supply chain, including backed-up warehouses, staff shortages and rail capacity.
The return of Zellers: Hudson’s Bay to resurrect Canadian discount retail chain
The company said the relaunched Zellers will offer “a digital-first shopping journey that taps into the nostalgia of the brand.”
Slowing inflation not enough to prevent September interest rate hike, economists say
The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed.
OCS capping pot shop orders and changing delivery window after partner’s cyberattack
Ontario’s cannabis wholesaler is temporarily capping the number of products retailers can order and expanding its delivery window as it works through a backlog caused
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.
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.
Inflation may have peaked in June as gas prices soared: economists
The increase in the consumer price index for the month was largely due to gasoline prices, which shot up by more than 50 per cent
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