James Orlando

UPDATED: Economy posted no growth in the fourth quarter, but consumer spending is holding on

On Tuesday, Statistics Canada said real gross domestic product was unchanged in the fourth quarter of 2022 after five consecutive quarters of growth.

High gas prices may have curbed downward inflation trend in January: economists

Canada & World

Economists have been encouraged by recent month-to-month trends, which have shown prices have been rising at a slower pace.

Canadian labour market shows no signs of slowing despite high interest rates

Canada & World

Employment growth in Canada blew past economists’ predictions in January, even as forecasters had expected higher interest rates to weigh on the labour market.

BoC expected to deliver eighth consecutive rate hike, but it’s probably the last one

Canada & World

Economists don’t believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet.

Region’s jobless rate edges up to 4.5% in November, labour market still hot, Statistics Canada says

Ottawa

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

CREA reports home sales in typically busy September continued to slow

Residential

Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for

Ottawa-Gatineau’s jobless rate ticks up to 4.1% in September as labour force grows

Ottawa

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

History taught the Bank of Canada what happens when it doesn’t control high inflation

Canada & World

TD chief economist Beata Caranci said inflation today might feel especially challenging because Canadians have been shielded from inflation volatility for decades.

Ottawa-Gatineau’s jobless rate drops to 4.3% in May

Ottawa

Region’s red-hot economic growth continues as Ottawa-Gatineau employers added nearly 10,000 jobs to their payrolls last month, Statistics Canada says.