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Office vacancy rate could peak in 2024 as hybrid work models gain popularity: report

Office vacancy rate could peak in 2024 as hybrid work models gain popularity: report

TORONTO — The national office vacancy rate could peak at approximately 15 per cent by the end of 2024 as the rise of hybrid work models prompt companies to reduce their office space, according to a new report by Colliers Canada.
Cash incentives offered to Nova Scotia businesses that promote the 'Gaelic brand'

Cash incentives offered to Nova Scotia businesses that promote the 'Gaelic brand'

HALIFAX — The next time you order a meal in Nova Scotia, you could get a discount on your bill – if you know some Gaelic.
Annual grocery price increases continue to far outpace overall inflation

Annual grocery price increases continue to far outpace overall inflation

Grocery prices are still rising at a far higher annual pace than overall inflation, but experts expect to see them continue moderating as the year progresses. The price of groceries grew 8.5 per cent in July compared with last year, down from a 9.
President Biden focuses on factory jobs in Wisconsin, ignoring latest Trump indictment

President Biden focuses on factory jobs in Wisconsin, ignoring latest Trump indictment

MILWAUKEE (AP) — On the heels of a fourth indictment for Donald Trump, President Joe Biden focused on manufacturing jobs in a speech at a Wisconsin factory — putting his ideas for growth up against his Republican rivals in a bid to win over voters in
As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC

As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC

OTTAWA — Canada’s annual inflation rate rose to 3.3 per cent in July, as economists warn the latest consumer price index report spells bad news for the Bank of Canada. The uptick in price growth comes after inflation tumbled to 2.
Alberta's electricity cost surge helps drive inflation even as energy prices drop

Alberta's electricity cost surge helps drive inflation even as energy prices drop

Statistics Canada says a spike in the amount Albertans paid for electricity last month counteracted an overall decline in energy prices in July — and was one of the key reasons cited by the agency as the overall inflation rate ticked up.
Netflix launches gaming test for televisions and computers in Canada

Netflix launches gaming test for televisions and computers in Canada

TORONTO — Netflix says it has begun an experiment allowing some Canadians to play its games on their televisions and computers.
Stock market today: Wall Street falls with markets worldwide after weak economic data from China

Stock market today: Wall Street falls with markets worldwide after weak economic data from China

NEW YORK (AP) — Stocks worldwide are falling Tuesday as China’s faltering recovery raises worries for the rest of the global economy. The S&P 500 sank 0.
Texas sues Shell over May fire at Houston-area petrochemical plant

Texas sues Shell over May fire at Houston-area petrochemical plant

AUSTIN, Texas (AP) — Texas is suing Shell and is seeking more than $1 million, alleging a fire at the oil giant's Houston-area petrochemical plant damaged the environment.
July home sales see largest annual rise in two years: CREA

July home sales see largest annual rise in two years: CREA

July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said Tuesday. On a non-seasonally adjusted basis, sales edged up 8.