Canadian economic growth lags expectations in Q2; July estimate points to contraction
The Canadian economy grew at an annual rate of 3.3 per cent in the second quarter, bringing the quarterly reading below estimates and an early
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Statistics Canada
Statistics Canada says job vacancies reached another new high in June
The agency says employers were actively seeking to fill 1,037,900 positions compared with 1,005,700 in May.
‘Sink or swim’: Uptick in business bankruptcies just the tip of the iceberg, data suggests
The pressure is on for small businesses that are grappling with high inflation and facing increased interest rates for loan repayments, Ottawa accountant says.
Slowing inflation not enough to prevent September interest rate hike, economists say
The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed.
Pandemic benefits were too generous with businesses, stringent with workers: experts
Business supports were excessive and show the outsized influence of business groups on public policy, economists say.
Canadian economy avoids contraction in May, economists expect continued slowdown
The Canadian economy stayed flat in May, with real gross domestic product showing neither growth nor contraction after a 0.3 per cent expansion in April.
Help wanted: After pandemic pivots, where have Canadian workers gone?
If workers are leaving their jobs, where are they going? Back to school. Back to yoga. Toward public office, Uber driving, sales and writing.
Inflation may have peaked in June as gas prices soared: economists
The increase in the consumer price index for the month was largely due to gasoline prices, which shot up by more than 50 per cent
Bank of Canada targets inflation expectations with full percentage point rate hike
The Bank of Canada signaled a more aggressive approach to bringing skyrocketing inflation back under control as it announced the largest single rate increase since
Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday
The Bank of Canada raised its key interest rate by half a percentage point on June 1, bringing it to 1.5 per cent. Since then,
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