Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates
The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew
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Statistics Canada
Local economy adds 7,200 jobs in September as region’s unemployment rate falls to 6.4%
The economy added 47,000 jobs in September, while the unemployment rate declined for the first time since January to 6.5 per cent, Statistics Canada reported
Inflation expected to ease to 2.1%, lowest level since March 2021: economists
Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.
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