Ottawa-Gatineau’s unemployment rate jumps to 7.4%, highest level since 2021
Ottawa-Gatineau’s unemployment rate rose again in October. Since August, the region’s unemployment rate has continued to show levels unseen since 2021. The region’s jobless rate
Bank of Canada lowers key interest rate but signals cuts may be done
The Bank of Canada is signalling it might be done cutting interest rates in the short term but that doesn’t mean economic growth is going
Bank of Canada expected to cut key rate despite mixed inflation, jobs data
Most economists expect the Bank of Canada will look past strong jobs data and signs of stubbornness on the inflation front to deliver a second
Inflation jumps to 2.4% in September thanks to gas, grocery costs
Inflation jumped higher in September, Statistics Canada said Tuesday, thanks largely to annual changes in gas prices and persistent pressure at the grocery store. Annual
Local unemployment rate jumps as national rate stays steady
Ottawa-Gatineau’s unemployment level rose again in September, after hitting its highest level in four years the month prior. The region’s jobless rate jumped to 7
Deloitte forecast sees Canada avoiding technical recession this year
A new forecast by Deloitte Canada suggests the country will avoid a technical recession this year as the economy is expected to grow in the
Economic growth in July could give way to stall in August: StatCan
The Canadian economy grew in July but any momentum may have been short lived, Statistics Canada said Friday.
Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift
The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and
Inflation ticks higher to 1.9% in August, short of economists’ expectations
Some stubbornness at the gas pumps pushed the headline inflation rate a couple ticks higher to 1.9 per cent in August, Statistics Canada said Tuesday.
Bank of Canada expected to cut interest rates after last-minute inflation report
The Bank of Canada will have to grapple with a last-minute inflation report, a shift in the federal government’s tariff stance and lingering uncertainty about
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