Toronto Star: Is Toronto rotting at the core? Downtown foot traffic still 46% lower than before pandemic, study finds
Related News
The Free Press: Majority of Manitoba business owners optimistic despite cost pressures
The Canadian Chamber’s chief economist is calling Manitoba’s current period a “slow growth phase” — less consumer spending, less innovation, fewer hiring frenzies than those seen in the recent past.
Financial Post: Bank of Canada raises rate 75 bps and signals more hikes to come
The Bank of Canada delivered another supersized hike on Wednesday, raising the policy interest rate by 75 basis points to 3.25 per cent, the highest since the global financial crisis.
Ottawa Business Journal: Ottawa’s ‘economic optimism’ means it is less likely to face recession, new report suggests
A new report from the Canadian Chamber of Commerce shows that more than 60 per cent of urban centres across Canada are likely facing recession — or “city-cession” — but Ottawa is one of the few major municipalities bucking the trend.