James Orlando

Inflation likely gained pace in August, economists expect, reversing progress

Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.

Ottawa-Gatineau’s unemployment rate ticks up to 4.5% in July

Ottawa

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

A dip in inflation may not be enough to stop the BoC from raising rates next month

Ottawa, Top Stories

Forecasters are expecting the Bank of Canada to move ahead with another interest rate hike in July, even as they expect the annual inflation rate

Region’s unemployment rate holds steady at 4.2% in May as labour force grows

Ottawa

Canada’s unemployment rate ticked higher to 5.2 per cent in May, marking the first increase since August 2022 as economists have been watching for any

BoC may have to raise interest rates again this summer given recent momentum, economists say

Canada & World

Momentum in the Canadian economy is spurring speculation that an interest rate hike is on the way, but economists don’t expect the Bank of Canada

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.

BoC surveys show businesses, consumers gear up for slowdown as economy softens

Canada & World

Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they’re also adjusting