Region’s unemployment rate jumps to 4.8% in March as local economy sheds jobs
Canada’s unemployment rate jumped to 6.1 per cent in March as more people looked for work, Statistics Canada reported Friday.
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Statistics Canada
Canada likely to avoid recession, begin recovering in second half of 2024: Deloitte
Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report.
Statistics Canada reports real GDP up 0.6 per cent in January as Quebec strikes end
Statistics Canada says real GDP grew 0.6 per cent in January, helped by the end of public sector strikes in Quebec in November and December.
Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts
Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic.
Region gains just 1,200 jobs in February as unemployment rate rises to 4.7%
Ottawa-Gatineau’s unemployment rate rose for the first time in four months in February as job gains failed to keep pace with population growth, Statistics Canada
BoC expected to hold interest rates this week as grey cloud hangs over economy
The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the
Canada averts recession with meagre growth in Q4, consumers and businesses pinched
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
‘Very pleasant surprise’: Canada’s inflation rate tumbles to 2.9 per cent in January
Canada’s annual inflation rate fell to 2.9 per cent last month, marking a sharper deceleration in price growth than expected by forecasters.
Local experts say flexibility key to crafting an effective return-to-office policy
Moderated by Jennifer Cross, a senior executive at Marant Construction’s Ottawa office, the event – dubbed “Back to Business” – offered advice to employers trying
Ottawa-Gatineau’s unemployment rate holds firm at 4.6% in January
The National Capital Region’s unemployment rate was 4.6 per cent for the third consecutive month in January as local employers added just 400 new jobs
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