Business supports were excessive and show the outsized influence of business groups on public policy, economists say.
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.
If workers are leaving their jobs, where are they going? Back to school. Back to yoga. Toward public office, Uber driving, sales and writing. These are their stories.
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 from with a year ago.
The Bank of Canada signaled a more aggressive approach to bringing skyrocketing inflation back under control as it announced the largest single rate increase since August 1998.
The Bank of Canada raised its key interest rate by half a percentage point on June 1, bringing it to 1.5 per cent. Since then, it has signalled a willingness to move in a more aggressive direction.
That marks the lowest rate in at least two decades and comes even as the local economy's job-creation engine stalled last month.
Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report from RBC.
The Black Entrepreneurship Knowledge Hub is quietly taking shape at Carleton University as it prepares to embark on a multi-stakeholder approach to research that will benefit the Black business…
Central bank says businesses' expectations for near-term inflation have increased, and firms expect inflation to be high for longer than they did in the previous survey.