Entrepreneur News
What are the critical issues facing small business owners in the West?
A new report by the Canadian Federation of Independent Business (CFIB) looks at what is impacting small businesses the...
Canada experiencing an increasing number of business bankruptcies
The latest data from the Office of the Superintendent of Bankruptcy in Canada paints a disturbing picture of the...
Energy production on the rise in Canada
In November, production of primary energy increased 4.6 per cent to 2.0 million terajoules, with gains in most subsectors,...
Small businesses call for lowering of credit card processing fees
With credit card usage rising due to the pandemic, growing online shopping and tight consumer budgets, small merchants are...
Canada’s merchandise trade deficit narrows
In December, Canada’s merchandise exports decreased 1.2%, mostly on lower exports of energy products. Meanwhile, imports were down 1.3%,...
Just Transition comes with big costs: Canadian Taxpayers Federation
The following is a column written by Franco Terrazzano, Federal Director of the Canadian Taxpayers Federation, and Kris Sims,...
BDC launches a $30 million financing envelope to accelerate the growth of Canada’s creative and cultural industries
BDC will deploy a new $30 million financing envelope to deepen its support for Canada’s creative and cultural economy,...
Government debt interest costing Canadians
Canadians in every province will pay more than $1,300 per person in 2022/23 on government interest costs, according to...
Alberta gets top marks for red tape report card: CFIB
Top overall marks this year go out to Alberta for the 13th Annual Red Tape Report Card by the...
Mid-market M&A will remain resilient in 2023: KPMG
Middle-market merger and acquisition activity will remain resilient in 2023, even as the market for mega deals and initial...
Housing market risk low despite some short-term contraction in values: RE/MAX
A report released Tuesday by RE/MAX Canada says while interest rates hikes served to destabilize most major Canadian housing...
Canadian GDP edges up in November
Real gross domestic product (GDP) edged up 0.1% in November, following a +0.1% uptick in October. Growth in services-producing industries...
Canadian companies looking to hire for new jobs in early 2023
Cal Jungwirth, Director of Permanent Placement Services with Robert Half, discusses a new report on the hiring intentions of...
Number of active businesses decline in Canada
In October 2022, the number of active businesses declined by 0.3% (-2,563), following three months of no growth or negative growth....
Canadian doctors spend over 18 million hours a year on unnecessary administrative work
A new report released Monday suggests doctors in Canada are collectively spending approximately 18.5 million hours on unnecessary paperwork...
Pace of Canadian retirements accelerating
Canada’s aging population will challenge firms’ ability to maintain their workforce. This slow-moving train has been underway for many...
Founder/CEO of Knix named EY Entrepreneur Of The Year
Joanna Griffiths, founder and CEO of Knix— a Toronto-based intimate apparel company best known for their human-centric design and cutting-edge...
Surging demand leads to tightening of Canada’s rental markets
Despite a marked increase in rental supply in many of Canada’s largest cities, surging demand pushed the national vacancy rate for...
Canadian job vacancies decreasing
Overall, the number of job vacancies across all sectors in Canada decreased by 20,700 (-2.4%) to 850,300 in November,...
Small business confidence remains muted in January: CFIB report
Small business confidence over the long term remained stable but low, according to the latest Canadian Federation of Independent...
Canadians are still clinging to pandemic savings
Canadians’ pandemic savings are still growing—rising to about $350 billion as of Q3 2022, according to a report by...
Housing demand from newcomers even stronger than perceived
Short-term housing solutions are needed to accommodate the upcoming unprecedented surge in the number of new arrivals in Canada,...
Calgary entrepreneur Jim Button’s final blog: I Died Today
Calgary recently lost one of the pillars of the community – Jim Button, an extraordinary entrepreneur and community builder....
Canada’s venture capital market raised over US$10 billion in 2022, the second most on record
Canada’s venture capital market ended the year on a strong note, finishing 2022 with over US$10.3 billion invested across 1,080...
Spreading the Growth: How Canada’s Smaller Cities Can Make Bigger Gains
New immigrants to Canada can play a pivotal role in the economic growth and sustained development of smaller Canadian...
New home buyers continue to see cooling house prices
New home prices in Canada were unchanged in December following three months of declines and they were unchanged in...
Canadians among global leaders in internet usage and smartphone ownership
Last year, 95 per cent of adult Canadians reported using the internet, whether on a computer or smartphone, according...
Employment Insurance beneficiaries lowest on record in Canada
In November, 396,000 Canadians received regular Employment Insurance (EI) benefits, down by 23,000 (-5.4 per cent) from October and this was the lowest...
Canadian retail sales decline in November but preliminary data suggests a hike in December
Retail sales decreased 0.1% to $61.8 billion in November, according to a report released Friday by Statistics Canada. The...
What are Canadians’ top financial resolutions for 2023?
Romana King, Senior Finance Editor, Finder, discusses the latest New Year’s Financial Resolutions report. King talks about the top...
Canada’s luxury real estate market shifts in favour of buyers
Don Kottick, President and CEO, Sotheby’s International Realty, discusses the release of a new report on the state of...
Housing starts activity remained high in 2022 and December trended slightly lower
The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada declined five...
Gasoline prices see steepest decline since April 2020: Statistics Canada
Canada’s annual inflation rate rose 6.3 per cent in December, following a 6.8 per cent increase in November, according...
Consumers reducing spending because of higher inflation and rising interest rates
Consumers report spending less on a broad range of goods and services over the past six months, according to...
Business sentiment in Canada continues to weaken
Results from the fourth-quarter 2022 Business Outlook Survey and the Business Leaders’ Pulse surveys from October 2022 through January...
Connecting small business owners looking to sell their business to entrepreneurs looking to buy
Alison Anderson, Founder/CEO, SuccessionMatching.com, discusses the number of Canadian small business owners that are looking to exit...
Home sales and prices in Canada forecast to drop in 2023
The Canadian Real Estate Association (CREA) is forecasting home sales in Canada and average prices will decline in 2023...
Interest rates, inflation and affordability have many Canadians concerned about their debt
The latest quarterly MNP Consumer Debt Index has some alarming information about the state of finances for Canadian consumers...
House prices in Canada on the decline: Royal LePage report
According to the Royal LePage House Price Survey, the aggregate price of a home in Canada decreased 2.8 per cent year-over-year...
CFIB forecasts no recession for now
The Canadian economy is expected to grow at a very slow pace for the last quarter of 2022 (1.2...
15 top jobs trending in Canada in 2023: Randstad Canada
Randstad Canada has released its 15 Top Jobs Trending in Canada in 2023 report. “With the baby boomer generation...
More than $2 trillion in small business transition at stake: CFIB report
Over $2 trillion in business assets could change hands within the next decade as over three-quarters (76 per cent)...
Building permits in Canada rebound
The total value of building permits in Canada jumped 14.1 per cent in November to $11 billion, rebounding after...
Tourism spending in Canada continues to rise
Tourism spending in Canada grew 3.2 per cent in the third quarter, a sixth consecutive quarterly increase. Tourism gross...
Canada creates more than 100,000 jobs in December
Employment rose by 104,000 (+0.5 per cent) in December in Canada, and the unemployment rate declined 0.1 percentage points...
Canada’s merchandise trade balance swings to a deficit
Canada’s merchandise exports decreased 2.3 per cent in November, in large part because of a decline in exports of...
Surge in Boxing Day retail traffic
Marie-France Benoit, Director, National Insight and Innovation, Avison Young, discusses the real estate company’s latest Vitality Index looking at...
Canada welcomes historic number of newcomers in 2022
The federal government reached its target of 431,645 new permanent residents in 2022 – the largest number of people...
5 federal tax hikes to expect in 2023
Franco Terrazzano, Federal Director, Canadian Taxpayers Federation, discusses some major tax changes for Canadians in 2023. Terrazzano talks about...
76% of Canadian CEOs believe global economic growth will decline over the next 12-months
More than three quarters of Canadian CEOs (76 per cent) believe that global economic growth will decline over the...