BMO

National Capital Region’s unemployment rate ticks up to 4.8% in August: StatCan

Ottawa

Ottawa-Gatineau’s unemployment rate rose again in August as the region’s workforce continued to grow faster than the number of new jobs, Statistics Canada said Friday.

As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC

Canada & World

Canada’s annual inflation rate rose to 3.3 per cent in July as worries grow that progress on getting prices under control will stall.

Economists expect rise in inflation as price growth fight enters new phase

Canada & World

Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines

Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports

Canada & World, Top Stories

Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.

A dip in inflation may not be enough to stop the BoC from raising rates next month

Ottawa, Top Stories

Forecasters are expecting the Bank of Canada to move ahead with another interest rate hike in July, even as they expect the annual inflation rate

Retail sales grow 1.1 per cent in April as consumer resiliency continues

Ottawa, Retail

Canadian retail sales came in stronger than initially estimated, as analysts say consumers proved resilient amid an economically challenging environment but that momentum is expected

What slowdown? Economy continues to outperform, raising odds of rate hike next week

Canada & World

The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the

Inflation likely slowed again in April, but economists say wage growth a top concern

Canada & World

Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists.

Empowering youth: Proud To Be Me gala raises over $150K

Founded in 2011, Proud To Be Me raises money for community resources, organizations and programs to help empower and educate youth about inclusion and anti-bullying.

BoC might have to rethink rate pause as unemployment remains very low: economists

Canada & World

Statistics Canada’s latest labour force survey released Friday says the unemployment rate held steady at 5.0 per cent for the fifth consecutive month.