Inflation likely slowed again in April, but economists say wage growth a top concern
Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists.
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Statistics Canada
Tech sector shrinks as Ottawa-Gatineau unemployment rate ticks up to 4.2% in April
Ottawa-Gatineau’s tech sector shrank by more than 10 per cent last month, Statistics Canada said Friday – an ominous sign for a local industry rattled
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
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
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’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
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
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
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’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
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