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
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Statistics Canada
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,
Ottawa-Gatineau’s unemployment rate falls below 4% in June
That marks the lowest rate in at least two decades and comes even as the local economy’s job-creation engine stalled last month.
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
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
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
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
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
Region’s red-hot economic growth continues as Ottawa-Gatineau employers added nearly 10,000 jobs to their payrolls last month, Statistics Canada says.
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