Recent data counts 630 startups worldwide which have let go of 80,902 employees this year alone. About 1,193 startups have laid off 176,874 workers since the pandemic began.
In its latest monthly consumer price index (CPI) report, Statistics Canada said grocery prices rose at the fastest rate since 1981, with prices up 10.8 per cent compared with a year ago.
It marks the capital’s lowest unemployment rate since at least March 2001 – the earliest date for which statistics are available.
The heads of Canada's biggest banks say rising interest rates are starting to have their intended effect of slowing demand but that they continue to notch growth.
In an order made by the Ontario Superior Court on Aug. 30, cannabis retailer Superette Inc. has been granted court protection from creditors under the Companies' Creditors Arrangement Act.
A return-to-office showdown is pitting some bosses and workers against each other as the back-to-school season brings with it a renewed push to get employees back into the office.
After fuelling Canada's economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate.
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.
On a seasonally adjusted basis, the association says sales in July fell 5.3 per cent compared with June. The actual number of sales last month was 37,975, down 29 per cent compared with July last…
Immigration-fuelled population growth and rising interest rates that have driven up the cost of buying a home helped boost Minto Apartment REIT’s bottom line in the second quarter.