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Statistics Canada
Bank of Canada’s next move less certain after inflation rate ticks higher in May
Canada’s annual inflation rate rose to 2.9 per cent in May, largely driven by higher prices for services, Statistics Canada reported on Tuesday.
Ottawa-Gatineau’s jobless rate rises to 5.5% in May as economy sheds 4,700 jobs
Ottawa-Gatineau’s unemployment rate jumped to 5.5 per cent in May, continuing an upward climb that has seen it rise nearly a full percentage point since
Bank of Canada interest rate decision coming on Wednesday amid rate cut speculation
The Bank of Canada will announce its latest interest rate decision on Wednesday amid speculation that the central bank might start to cut rates.
Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut
Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based deceleration in price growth, Statistics Canada reported Tuesday.
Employment jumps by 90,000 in April, raising doubts about June interest rate cut
Canadian employers added 90,000 jobs in April, marking the largest employment gain in more than a year.
Canadian economy loses steam after strong start to year, grows 0.2% in February
The Canadian economy lost momentum after a roaring start to the year, reinforcing economists’ expectations that the Bank of Canada is on track to cut
Annual inflation rate increased to 2.9 per cent in March as gasoline prices rose
The annual inflation rate ticked higher in March compared with February, boosted by higher prices for gasoline, Statistics Canada said Tuesday.
Walmart Canada says robots coming to two Ontario warehouses, including Cornwall, jobs not at risk
In a Calgary warehouse almost as big as eight football fields, an army of robots whir about, carrying massive quantities of merchandise bound for Walmart
Spring housing market surge unlikely as affordability, cost of living weigh on buyers
After five straight holds of the Bank of Canada’s key interest rate that followed its hiking cycle of more than a year, economists say a
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