Canadian Real Estate Association reports home sales down in November
The association said Thursday the move lower more than erased the gain seen in October and resumed the overall trend lower for the year.
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Region’s jobless rate edges up to 4.5% in November, labour market still hot, Statistics Canada says
Local employers added nearly 5,000 jobs to their payrolls in November, but the unemployment rate still edged up with the number of people looking for
Ottawa-Gatineau’s jobless rate ticks up to 4.1% in September as labour force grows
Region is still outperforming most major Canadian cities, with Toronto (six per cent), Calgary (5.2), Montreal (4.9), Edmonton (4.8) and Vancouver (4.5) all posting higher jobless rates.
Inflation skyrockets to highest level in nearly 40 years as gas prices soar
The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when
Ottawa-Gatineau’s jobless rate drops to 4.3% in May
Region’s red-hot economic growth continues as Ottawa-Gatineau employers added nearly 10,000 jobs to their payrolls last month, Statistics Canada says.
Bank of Canada expected to jack up interest rates as inflation persists
“Canadian inflation is running more than three times faster than target,” Desjardins’ head of macro strategy, Royce Mendes, wrote in a note to clients Monday.
Banks sound notes of caution as outlook worsens, even as latest results show growth
“…Markets are struggling to predict how we land the economy, do we land it with a slight recession? And our message today is, it could
UPDATED: Inflation sets fresh three-decade high at 6.8% in April with little sign of cooling
The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
Economy gains momentum with 1.1% GDP growth in February, best month since March 2021
The Canadian economy surged ahead in February as pandemic-related restrictions eased, fuelling expectations by economists that the Bank of Canada will opt for another oversized
Royal LePage boosts Ottawa home price forecast as supply crunch persists
Firm is now predicting the aggregate price of a home in Ottawa will jump 13 per cent in the fourth quarter of 2022 compared with
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