
Canadians, economists alike saw little relief from inflation in October: forecasters
Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last
Canadians, economists alike saw little relief from inflation in October: forecasters
Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last
Ottawa-Gatineau’s unemployment rate edges up to 4.2% in October
In its latest labour force survey, Statistics Canada said Friday that the unemployment rate for last month held steady at 5.2 per cent as more
Bank of Canada raises interest rate by half percentage point, says more hikes to come
Economists were split on whether the Bank of Canada would go with half or three-quarters of a percentage point hike ahead of today’s decision.
Canada’s hotter than expected inflation reading sets stage for another rate hike
In its latest consumer price index report, Statistics Canada said the slight deceleration from 7.0 per cent inflation in August is mostly attributed to lower
Most consumers and businesses expect recession; views on inflation diverge: BoC
Consumers have become more pessimistic about inflation in the short run, while business expectations for inflation have eased.
Ottawa-Gatineau’s jobless rate ticks up to 4.1% in September as labour force grows
Region is still outperforming most major Canadian cities, with Toronto (six per cent), Calgary (5.2), Montreal (4.9), Edmonton (4.8) and Vancouver (4.5) all posting higher
Foot traffic steadily rising in Ottawa and other Canadian cities, new data shows
New data shows foot traffic in the nation’s capital is up 105 per cent as of the week of Sept. 19, making it the best-performing
Canadian economy grew slightly in July, Statistics Canada says
Statistics Canada said Thursday that the economy grew by 0.1 per cent in July, outperforming its preliminary estimate that pointed to a contraction of 0.1
Labour shortage, pandemic savings to soften blow of short-lived recession: report
Tight job market means unemployment might not rise as much as it typically would during a recession, Deloitte says in its latest Canadian economic outlook.
July travel on an upward trend, but is still a fraction of pre-pandemic levels
The agency says the number of trips by U.S. residents in July was 2.2 million, 11 times the number of trips taken in July 2021
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