The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. The latest data shows growth beating out the federal agency’s own forecast of 2.5 per cent for the quarter. A preliminary estimate suggests the economy grew by 0.2 per cent in April, after…
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Helium Health gets $30M, backed by AXA IM Alts and 23andMe’s Anne Wojcicki
Helium Health, the African startup that provides software-as-a-service tools, financing, and insights for healthcare providers and public health organizations, has raised $30 million in Series B funding. The news is coming three years after the Lagos-headquartered healthtech secured a $10 million Series A and 18 months following a rare Africa-GCC deal involving UAE-based healthcare provider-patient…
Canada’s big banks log 13-fold rise in loan loss provisions
Canada’s big five banks this week collectively set aside the most money for loan losses since 2020, as concerns about an economic slowdown and higher defaults in commercial real estate mount. The country’s top five lenders, which all reported earnings this week, logged a combined C$3.37bn (US$2.48bn) in credit loss provisions in the first three…
KWIECINSKI: Toronto small businesses need construction relief now
Breadcrumb Trail Links columnists Published June 02, 2023 • Last updated 2 days ago • 3 minute read Looking eastbound and westbound along the construction corridor that will shut down Queen St. East and West for the next four-and-a-half years to accommodate the building of a section of the Ontario Line subway project on Tuesday…
Creating an Effective Email Marketing Campaign: Tips and Tricks
It’s no secret that email marketing is still one of the most effective marketing strategies today. That being said, email marketing has an average of $36 return on investment (ROI) for every $1 spent, making it one of the best marketing strategies today. So while experts argue whether or not email is an obsolete channel,…
Toronto housing market sees biggest price gain since peak
Article content The spring surge in Toronto house prices accelerated again in May, providing another sign of persistent inflation in parts of the Canadian economy before a key central bank interest rate decision next week. Article content The benchmark price of a home in Canada’s largest city increased 3.2 per cent last month to $1.14…
Business News – Gazette Journal
home » News » Business News Upsy Daisy: repurpose for a purpose (5/31/2023) – If you are seeking to fulfill a crafty itch, have a pile of donable goods after spring cleaning, or simply wish to help the community in a creative way, look… … The care clinic receives a $1,000 grant from Walmart…
Have your say: Where will mortgage rates be in one year?
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com Read the full story here: Some experts say mortgage rates could drop next year. Is it time to go short term? For more…