Slowdown in inflation supports interest rate pause next week, economists say
Statistics Canada says the annual inflation rate slowed to 3.8 per cent in September as prices year-over-year rose more slowly across the economy.
Slowdown in inflation supports interest rate pause next week, economists say
Statistics Canada says the annual inflation rate slowed to 3.8 per cent in September as prices year-over-year rose more slowly across the economy.
Statistics Canada reports real GDP essentially unchanged in July
Statistics Canada said Friday real GDP was essentially unchanged for the first month of the third quarter, following a 0.2 per cent decline in June.
Women powered pandemic shift toward higher-paying jobs, but pay gap persists: RBC
Women have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in
Labour shortages could push up wages, ‘reignite inflation’ in long run, report warns
Wages are growing quickly in Canada, but so far not fast enough to match inflation, the report said.
More businesses expect sales to slip as high inflation, rates weigh on spending: BoC
The central bank released its fourth-quarter business outlook and consumer expectation surveys Monday, giving some insight into how high inflation and interest rates are affecting
Canada headed towards ‘moderate’ recession in 2023: RBC economists
Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report
Bank of Canada likely to mirror 0.75% Fed hike next month: economists
The U.S. bank authority announced the Wednesday move will shift the country’s benchmark rate to a range between 1.5 per cent and 1.75 per cent
Embassy of France hosts VIP reception for organizers and sponsors of The Ottawa Hospital’s upcoming gala
Report finds immigrant wage gap costing Canada $50 billion a year in GDP
The growing wage gap between immigrants and Canadian-born workers is costing the country $50 billion each year, according to a new report from RBC Economics
Ottawa housing affordability improves in 2015 Q1: RBC
Owning a home in Ottawa became slightly more affordable in the first quarter of 2015, according to a report by RBC Economics released Monday. “The
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