Economists see Bank of Canada holding on rates after surprise GDP contraction
Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada’s rate hiking campaign may be
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Statistics Canada
Return of live shows after COVID closures revived performing arts industry: StatCan
A new report from Statistics Canada says the return of live shows and events after pandemic restrictions revived the country’s performing arts industry in 2022,
As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC
Canada’s annual inflation rate rose to 3.3 per cent in July as worries grow that progress on getting prices under control will stall.
Ottawa-Gatineau’s unemployment rate ticks up to 4.5% in July
Ottawa-Gatineau’s unemployment rate continued to rise last month as the workforce kept growing faster than the number of new jobs created. Statistics Canada said Friday
Economy grew in May despite wildfire effects, looks to have slowed in June: StatCan
The economy grew by 0.3 per cent in May despite pressure from wildfire-hit oil and gas, per Stats Can, but seemed to slow in June.
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
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
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