CFIB sees recession in Canada as business confidence remains ‘persistently low’
The Canadian Federation of Independent Business is forecasting a recession in Canada this year. A new report from CFIB, released Thursday, shows it’s forecasting that
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Bank of Canada
Business confidence subdued amid tariffs but ‘worst-case’ less likely: BoC survey
A pair of reports from the Bank of Canada say tariff-related uncertainty continued to put a damper on business and consumer sentiment in the second
CREA cuts 2025 forecast again but says home sales are rebounding from ‘chaotic start’
For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it says a
Inflation rises to 1.9% in June as vehicle price hikes accelerate
The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships, Statistics Canada said Tuesday. The
UPDATED: Ottawa-Gatineau sheds 9,500 jobs in June, Statistics Canada says
Ottawa-Gatineau’s economy continued to bleed jobs in June as the region’s unemployment rate rose for the third consecutive month. The jobless rate in Ottawa-Gatineau was
Ottawa-Gatineau’s unemployment rate rises to 5.8% in May
Ottawa-Gatineau’s unemployment rate jumped three-tenths of a percentage point in May as the local economy shed nearly 4,000 jobs, Statistics Canada said Friday. The National
Bank of Canada holds key interest rate at 2.75% as tariff uncertainty persists
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs
Canada’s economy grew 2.2% annualized in Q1 as businesses raced to beat tariffs
A rush to get ahead of Canada’s looming tariff dispute with the United States powered economic growth in the first quarter, Statistics Canada said Friday.
Bank of Canada holds key rate steady amid trade war, economic uncertainty
The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is
Inflation’s surprise jump could push Bank of Canada to pause rate cuts
A surprise jump in inflation and a flood of “noise” in the economy may push the Bank of Canada to pause its interest rate cuts
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