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Tag Archives: slowing

High interest rates are slowing homebuilding, but the worst is yet to come – National

Homebuilding in Canada is slowing down just as policymakers are trying to pick up the pace. The rapid surge in interest rates over the last year is starting to throttle the pace of homebuilding, the Canada Mortgage and Housing Corp. (CMHC) warned in a new housing supply report Wednesday. As …

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Tech layoffs: Dell to axe 6,650 jobs as it fights slowing demand – National

Dell Technologies Inc. will eliminate about 6,650 jobs, or five per cent of its global workforce, the company said on Monday, as the PC maker grapples with falling demand and braces for economic uncertainty. The company joins a raft of U.S. companies ranging from Goldman Sachs to Alphabet Inc. that have …

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Pandemic-fuelled virtual health-care boom shows no signs of slowing, experts say

For years, Scott Lear tried to convince B.C.’s health authorities to adopt a virtual cardiac rehab program he developed for patients recovering from conditions like heart attacks. Participants were monitored from home while they exercised and would consult with specialists online. Promising pilot runs of the program showed they made fewer trips to the …

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Slowing inflation does not mean you get your spending power back

Investors in financial markets were ecstatic when the latest inflation data seemed to show that rising prices in the United States had peaked. While business journalists often imply that increasing share values are a universally good omen, it is not clear that many Canadian working people, especially those who don’t …

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