Ottawa moves up in CBRE’s annual ranking of tech hubs, but fails to break top 10
Ottawa has moved up in CBRE’s annual ranking of tech hubs, failing to crack the top 10 for the second year but continuing its reign
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Statistics Canada
Canada’s inflation rate tumbles to 2.8% in June even as grocery prices remain high
Statistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range for the first
Ottawa-Gatineau’s unemployment rate rises to 4.3% in June
Ottawa-Gatineau’s unemployment rate rose slightly in June as a spike in the number of people looking for work more than offset new job creation. The
Bank of Canada expected to raise rates next week, despite rise in unemployment rate
The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth slows, but with another solid job gain
Businesses expect more, but slowing price, wage increases: Bank of Canada survey
Businesses continue to expect wage and price increases to be larger than normal, but they are shifting to closer to what they were before the
Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports
Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.
Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike
Statistics Canada says the country’s inflation rate fell to 3.4 per cent in May — the lowest it’s been since June 2021.
Statistics Canada says Canadians travelled more to U.S. and overseas in April
Canadians are taking more trips outside the country this year compared with 2022, but hasn’t returned to pre-pandemic levels, per Statistics Canada.
Retail sales grow 1.1 per cent in April as consumer resiliency continues
Canadian retail sales came in stronger than initially estimated, as analysts say consumers proved resilient amid an economically challenging environment but that momentum is expected
Lack of international travellers hurting some, but not all, local tourism operators
While the head of the Tourism Industry Association of Canada warns that businesses are struggling to stay afloat under a pile of debt and a
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