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
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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
Canada sees most August home sales in four years: CREA
The Canadian Real Estate Association says it recorded the most home sales for August in four years, potentially setting the stage for a hot fall
Region’s unemployment rate jumps to 6.7% in August, highest level in four years
Ottawa-Gatineau’s unemployment rate rose to its highest level in four years last month as the local economy continued to bleed jobs in key sectors such
Canada’s economy contracts in May, but there were signs of a June rebound
The Canadian economy contracted again in May, Statistics Canada said Thursday, but signs of a rebound in June could see growth hold flat for the
Bank of Canada holds key rate at 2.75% as economy shows resilience to tariffs
Signs of resilience in the Canadian economy were enough for the Bank of Canada to leave its benchmark interest rate unchanged Wednesday, but the spectre
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