Tara Deschamps

Canadian Press

Tara Deschamps is a business reporter with The Canadian Press

Latest from Tara Deschamps

Laid off Shopify workers launch class action suit over misleading severance packages

A class-action lawsuit alleges Shopify Inc. reneged on a deal it offered some employees who were laid off in a recent round of cuts.

More than half of GTA condo investors losing money on properties, says new report

Authors of a CIBC's report said the trend of investors losing money on their rental properties is expected to persist.

Toronto-area housing prices creeping up again, says real estate board

Toronto's housing market continued to tighten last month as prices edged up four per cent from March and sales moved closer to the level they were at last April, the Toronto Regional Real Estate Board revealed Wednesday.

Buyers return to Toronto housing market as prices climb after sluggish period: TRREB

The Toronto Regional Real Estate Board says competition between buyers started to re-emerge last month as the average home price in the area ticked above the average list price for the first time since May 2022.

Empire reports $125.7M net earnings as it rebounds from Sobeys cyberattack

The earnings report came as the company based in Stellarton, N.S., recovers from a cyberattack that shut down its pharmacy services and hampered self-checkout machines, gift card use and the redemption of loyalty points.

Toronto-area home prices down 18% from last February, sales halved: real estate board

Greater Toronto Area home prices fell almost 18 per cent from last February as the number of properties sold was halved, the region's real estate board said.

Ontario is dropping its weed profit margins to get the 'upper hand' over the illegal market

The Ontario Cannabis Store says it will be reducing its price margins in a bid to help pot retailers compete with the illicit market.

Aurora Cannabis reports $67.2M net loss in Q2 after completing transformation plan

Aurora Cannabis Inc. announced Thursday that it has completed a transformation plan delivering $340 million in annualized savings since February 2020, but said it still incurred a $67.2-million net loss in its most recent quarter.

Canopy Growth closing Smiths Falls HQ, laying off 800 workers

Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close its hallmark 1 Hershey facility and consolidate some of its cultivation operations.

Google notifying Canadian employees affected by global layoff of 12,000 workers

Canadian Google employees affected by recently announced job cuts were being told Monday whether they have been laid off. Google Canada spokesperson wouldn't say how many Canadians are due to be laid off and in what departments or cities they work.