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Canadian economy
‘Sluggish’ Canadian Economy Foreseen Through First Quarter: Business Economist
The Canadian economy is poised to remain sluggish in the first quarter of 2024, following a period of stagnation in the last quarter of 2023, according to the latest edition ...
January 24, 2024
BY
William Crooks
82 Percent of Canadians Feel Like They’re in a Recession, With No End in Sight
Canadians are pessimistic about their own personal finances and the economic outlook of the country this year, with ...
January 9, 2024
BY
Jennifer Cowan
Canadian Economy Shrank 1.1 Percent in Q3 on Annualized Basis, StatCan Says
The Canadian economy shrank in the third quarter amid weak business and consumer spending as well as lower ...
November 30, 2023
BY
The Canadian Press
BoC Expected to Hold Key Interest Rate Steady at 5% Amid ‘Sluggish’ Economy
The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the ...
October 22, 2023
BY
The Canadian Press
Cabinet Billed Over $275,000 in Expenses for 2022 Inflation Summit
Cabinet incurred expenses exceeding $250,000 during a three-day retreat focused on addressing inflation, according to records. The retreat ...
September 20, 2023
BY
Amanda Brown
Economists Expect Rise in Inflation as Price-Growth Fight Enters New Phase
Forecasters anticipate this week's consumer price index report to show inflation rose last month, signalling a reversal in ...
August 14, 2023
BY
The Canadian Press
StatCan Says Economy Grew 0.3% in May, Estimates 1% Growth for Second Quarter
The Canadian economy grew by 0.3 percent in May, Statistics Canada said Friday. In its latest report on ...
July 28, 2023
BY
The Canadian Press
Canada’s Unemployment Rate Rose to 5.4 Percent in June, Economy Added 60,000 Jobs: StatCan
Canada added another 60,000 jobs to its economy in June despite the country's unemployment rate ticking upward to ...
July 7, 2023
BY
Peter Wilson
What Slowdown? Economy Continues to Outperform, Raising Odds of Rate Hike Next Week
The Canadian economy grew faster than expected in the first three months of the year and likely expanded ...
May 31, 2023
BY
The Canadian Press
Economic Headwinds Weigh on Bank Results as More Money Set Aside for Bad Loans
The effects of heightened inflation and central bank efforts to rein it in by slowing the economy are ...
May 25, 2023
BY
The Canadian Press
Vancouver Port Traffic Dips in 2022, Hinting at Economic Slowdown to Come
Cargo volumes at Canada's largest port fell by three percent last year as the global economy began to ...
May 1, 2023
BY
The Canadian Press
Canada May Avoid Official ‘Recession’ but Comparative Living Standards Continue to Fall
Commentary The late U.S. president Ronald Reagan famously said in the 1980 election that “Recession is when your ...
April 14, 2023
BY
Jason Clemens
and
Jock Finlayson
Canadian Economy Added Over 35,000 Jobs in March: StatCan
Statistics Canada (StatCan) says Canada's economy added 35,000 jobs last month, while the unemployment rate held steady at ...
April 6, 2023
BY
Peter Wilson
Canada’s Economy Flatlined in Last Quarter of 2022 Following Year of GDP Growth: StatCan
After nearly five quarters in a row of gross domestic product increases, Canada's economy flatlined in the last ...
February 28, 2023
BY
Peter Wilson
Ontario’s Economy to Slow Sharply, but Rebound Next Year: Fiscal Watchdog
Ontario's economy will be "doom and gloom" before bouncing back next year, the province's fiscal watchdog said Tuesday. ...
February 7, 2023
BY
The Canadian Press
Canadians Now Expect to Need $1.7M in Order to Retire: BMO Survey
Canadians now believe they need $1.7 million in savings in order to retire, a 20 percent increase from ...
February 7, 2023
BY
The Canadian Press
One-Third of Households Say They’re Financially Worse Off Compared to Year Ago: Poll
A new poll finds one-third of Canadian households say their financial situation has worsened over the last year. ...
February 7, 2023
BY
The Canadian Press
Parliamentarians Return to House of Commons Facing Rocky Economic Year
Economic matters will be top of mind for parliamentarians as they return to Ottawa to kick off a ...
January 30, 2023
BY
The Canadian Press
Unemployment Will Rise as Economy Slows ‘Significantly’ This Year, Economists Warn Liberal Cabinet
Unemployment rates will rise significantly in the case of an economic slowdown in Canada this year, say economists ...
January 25, 2023
BY
Peter Wilson
BoC Expected to Deliver Eighth Consecutive Rate Hike
Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle ...
January 20, 2023
BY
The Canadian Press
Canada Economic Outlook for 2023: How Bad Could a Likely Recession Be?
News Analysis A trio of economy-related questions being asked as the calendar turns to 2023 are, how bad ...
December 28, 2022
BY
Rahul Vaidyanath
Canadian Economy Adds 108,000 Jobs in October, Unemployment Holds Steady
The Canadian economy added 108,000 jobs in October, reversing much of the losses observed in recent months. In ...
November 4, 2022
BY
The Canadian Press
‘Severe Recession’ Unlikely, Says Bank of Canada Governor
While economic slowdowns are likely, Canada will not experience a "severe recession" in upcoming months, says Bank of ...
November 2, 2022
BY
Peter Wilson
Poilievre Calls on Freeland to Stop Tax Increases, Government Spending in Fall Economic Statement
Conservative leader Pierre Poilievre is calling on Deputy Prime Minister and Finance Minister Chrystia Freeland to include in ...
October 31, 2022
BY
Peter Wilson
Canadian Economy Grew 0.1% in August, Continuing on Path of Modest Growth
The Canadian economy edged slightly higher in August and initial estimates pointed to growth continued in September as ...
October 28, 2022
BY
The Canadian Press
Supporting Ukraine Part of Canada’s Inflation-Fighting Strategy, Says Finance Minister Freeland
Ensuring Russia loses its war against Ukraine is part of Canada’s plan to address high levels of inflation, ...
October 3, 2022
BY
Noé Chartier
Statistics Canada Says Economy Added 55,000 Jobs in December, Unemployment Rate 5.9%
OTTAWA—The Canadian economy added 55,000 jobs in December before COVID-19 cases began spiking at the end of the ...
January 7, 2022
BY
The Canadian Press
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
2hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
3hr
By
Jacki Thrapp
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
4hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
4hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
6hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
7hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
7hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
11hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
12hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
18hr
By
Melanie Sun