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Tag Archives: Shopify

Shopify’s revenue jumps 25 per cent, driving a return to profit in Q3

Descrease article font size Increase article font size Canada’s Shopify returned to a profit in the third quarter, driven by strict cost controls and adoption of artificial intelligence to attract more merchants to its services, sending its U.S. shares 18 per cent higher before the bell. The company has launched …

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Shopify CEO calls CRA request for Canadian stores’ records ‘overreach’

The CEO of Shopify is vowing to fight a request from the Canada Revenue Agency asking the e-commerce company to provide it with six years’ worth of merchant records. “I don’t particularly want a fight with the CRA (Canada’s tax authority)- but we got asked to backchannel them six years of records …

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Canada’s highest-paid CEOs made average of $14.3M in 2021, shattering records: report – National

Canada’s highest-paid CEOs and other top executives shattered records for compensation in 2021, according to a new report, earning an average of $14.3 million as soaring inflation began to take hold. The average calculated in the report from the Canadian Centre for Policy Alternatives (CCPA), released Monday, far surpasses the …

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