
Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain high
Statistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range for the first

Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain high
Statistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range for the first

Ottawa-Gatineau’s unemployment rate rises to 4.3% in June
Ottawa-Gatineau’s unemployment rate rose slightly in June as a spike in the number of people looking for work more than offset new job creation. The

Bank of Canada expected to raise rates next week, despite rise in unemployment rate
The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth slows, but with another solid job gain

Businesses expect more, but slowing price, wage increases: Bank of Canada survey
Businesses continue to expect wage and price increases to be larger than normal, but they are shifting to closer to what they were before the

Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports
Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.

Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike
Statistics Canada says the country’s inflation rate fell to 3.4 per cent in May — the lowest it’s been since June 2021.

Statistics Canada says Canadians travelled more to U.S. and overseas in April
Canadians are taking more trips outside the country this year compared with 2022, but hasn’t returned to pre-pandemic levels, per Statistics Canada.

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

Lack of international travellers hurting some, but not all, local tourism operators
While the head of the Tourism Industry Association of Canada warns that businesses are struggling to stay afloat under a pile of debt and a

Strong sales but lower profits for many local businesses, retail reports suggest
Strong consumer spending patterns across Canada and particularly in Ottawa seem promising, but the data show only part of the retail picture, experts agree.
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