Statistics Canada

Canada headed towards ‘moderate’ recession in 2023: RBC economists

Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report

New research hub at Carleton sheds light on the experiences of Black entrepreneurs

Ottawa

The Black Entrepreneurship Knowledge Hub is quietly taking shape at Carleton University as it prepares to embark on a multi-stakeholder approach to research that will

Bank of Canada surveys suggest business and consumer inflation expectations up

Canada & World

Central bank says businesses’ expectations for near-term inflation have increased, and firms expect inflation to be high for longer than they did in the previous

Inflation skyrockets to highest level in nearly 40 years as gas prices soar

Canada & World

The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when

Canadian employers willing to hire workers without direct experience, survey says

Canada & World

The research released today indicates that experience and education – once crucial to many positions – are becoming less important amid labour shortages.

Ottawa-Gatineau’s jobless rate drops to 4.3% in May

Ottawa

Region’s red-hot economic growth continues as Ottawa-Gatineau employers added nearly 10,000 jobs to their payrolls last month, Statistics Canada says.

Bank of Canada on track for rate hike after GDP growth slows: Economists

Canada & World

Statistics Canada said Tuesday real gross domestic product grew at an annualized rate of 3.1 per cent in the first quarter, helped by business investment

Bank of Canada expected to jack up interest rates as inflation persists

Canada & World

“Canadian inflation is running more than three times faster than target,” Desjardins’ head of macro strategy, Royce Mendes, wrote in a note to clients Monday.

Job vacancies hit record high of more than 1 million in March: StatCan

Canada & World

StatsCan said employers were seeking to fill more than one million positions at the beginning of March, up 22.6 per cent from February and 60.5

Experts see parallels between 1970s inflation crisis and today

Canada & World

Bank of Montreal chief economist Doug Porter said it’s highly unlikely Canadians are in for a double-digit, ’80s-style interest rate shock any time soon.