Douglas Porter

Canadian economy shrank 1.1 per cent in Q3 on annualized basis, StatCan says

The Canadian economy shrank in the third quarter amid weak business and consumer spending as well as lower exports.

Statistics Canada says annual inflation rate slowed to 3.1% in October

The inflation rate slowed to 3.1 per cent on a year-over-year basis, down from 3.8 per cent in September, as the price of gasoline fell,

Ottawa-Gatineau’s unemployment rate holds steady at 4.9% in October

Canada & World

Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates.

National Capital Region’s unemployment rate ticks up to 4.8% in August: StatCan

Ottawa

Ottawa-Gatineau’s unemployment rate rose again in August as the region’s workforce continued to grow faster than the number of new jobs, Statistics Canada said Friday.

As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC

Canada & World

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.

Economists expect rise in inflation as price growth fight enters new phase

Canada & World

Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines

Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports

Canada & World, Top Stories

Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.

What slowdown? Economy continues to outperform, raising odds of rate hike next week

Canada & World

The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the

Inflation likely slowed again in April, but economists say wage growth a top concern

Canada & World

Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists.

BoC might have to rethink rate pause as unemployment remains very low: economists

Canada & World

Statistics Canada’s latest labour force survey released Friday says the unemployment rate held steady at 5.0 per cent for the fifth consecutive month.