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
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Portion of Ottawa Train Yards placed under receivership as owner defaults on $45M loan
The Ontario Superior Court of Justice last week appointed Grant Thornton Limited as receiver and manager of the assets of a portion of Ottawa Train
Economic bounceback at the end of 2023 could push back rate cuts, economists say
Canada’s economy appears to have ended 2023 on a stronger note than expected, which economists say could push back the timeline for interest rate cuts
Ottawa-Gatineau’s unemployment rate remains 4.6% in December
Ottawa-Gatineau’s job creation engine stalled in December as the unemployment rate held steady at 4.6 per cent amid slowing economic growth. Statistics Canada said Friday
Statistics Canada says annual inflation rate slowed to 3.1% in October
The inflation rate slowed to 3.1 per cent on a year-over-year basis, down from 3.8 per cent in September, as the price of gasoline fell,
Ottawa-Gatineau’s unemployment rate holds steady at 4.9% in October
Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates.
Inflation may have peaked in June as gas prices soared: economists
The increase in the consumer price index for the month was largely due to gasoline prices, which shot up by more than 50 per cent
UPDATED: Ottawa-Gatineau’s jobless rate falls to 4.6% in April amid strong growth
Statistics Canada says a number of signs point to an increasingly tight labour market in recent months, including a drop in the number of part-time
Canada’s banking chiefs offer outlook and priorities for the months ahead
Canadian bank executives are sharing their 2020 priorities today after a year that saw them grapple with layoffs, an increase in insolvencies and talk of
Five Canadian business stories to watch this week
Earnings from some of Canada’s biggest banks are due out this coming week
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