Statistics Canada

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

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.

After economy posts strong start to 2023, new data suggests slowdown has begun

Canada & World

The Canadian economy’s strong bounce back at the start of the year appears to have been short-lived, as new data suggests growth is on a

Small business owners working eight-day-week equivalent due to staff shortages: CFIB

Canada & World

A new study by the Canadian Federation of Independent Business says the average small business owner is working the equivalent of an eight-day workweek due

Canada’s inflation rate falls to lowest level since August 2021, hits 4.3% in March

Canada & World

Canada’s annual inflation rate fell to 4.3 per cent in March as higher mortgage interest costs were offset by lower energy prices.

BoC expected to hold interest rate this week, even as economy keeps some steam

Canada & World, Top Stories

The Bank of Canada is expected to hold its key interest rate steady this week as inflation continues to slow, despite other data suggesting the

Ottawa-Gatineau’s unemployment rate holds steady at 4.1% in March

Ottawa, Top Stories

Total employment in Ottawa-Gatineau clocked in at 812,500 in March, compared with 811,700 the previous month, StatCan said in its latest labour market report.

Tourism shot up in 2022, but still far short of pre-pandemic levels: StatCan

Canada & World, Tourism

Spending on tourism continued to grow last year as travellers returned to planes and patios, but it remained well below pre-pandemic levels, according to Statistics

Ottawa craft breweries brace for Canada’s biggest alcohol tax jump in 40 years

Canada & World

Canada’s restaurant industry is bracing for the biggest jump in the country’s alcohol excise duty in more than 40 years, spurring warnings the tax hike

Inflation in Canada continues to slow, reaffirming BOC’s rate pause

Canada & World

Statistics Canada said Tuesday its consumer price index in February was up 5.2 per cent compared with a year earlier.

Canadian economy added 22,000 jobs last month, unemployment held steady

Canada & World, Human Resources

Employment in Canada rose slightly last month after January’s jobs report raised eyebrows among economists anticipating a slowdown in the labour market this year.