Nathan Janzen

Local economy adds 7,200 jobs in September as region’s unemployment rate falls to 6.4%

The economy added 47,000 jobs in September, while the unemployment rate declined for the first time since January to 6.5 per cent, Statistics Canada reported

Ottawa-Gatineau’s unemployment rate rises to 6.6% in August

Insider Only Ottawa

Region’s unemployment rate jumps to 4.8% in March as local economy sheds jobs

Ottawa, Human Resources

Canada’s unemployment rate jumped to 6.1 per cent in March as more people looked for work, Statistics Canada reported Friday.

All eyes on the BoC this week for any hints on when it plans to cut interest rates

Canada & World

As the Bank of Canada gears up to announce its next interest rate decision Wednesday, economists will be on the lookout for any clues on

Economists see ‘turning point’ in housing market this year as interest rate cuts loom

Real Estate, Residential

After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a

Forecasters more certain interest rate hikes are over as recession talk grows over GDP numbers

Canada & World

The Canadian economy remained flat in August and a preliminary estimate from Statistics Canada suggests it shrank in the third quarter.

BoC expected to hold key interest rate steady at 5% amid ‘sluggish’ economy

Canada & World

The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates

BoC raises key interest rate to 5%, expects slower return to inflation target

Canada & World

The Bank of Canada raised its key interest rate by a quarter of a percentage point this morning, bringing it to 5 per cent.

Bank of Canada expected to raise rates next week, despite rise in unemployment rate

Canada & World

The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth slows, but with another solid job gain

Strong sales but lower profits for many local businesses, retail reports suggest

Ottawa, Retail

Strong consumer spending patterns across Canada and particularly in Ottawa seem promising, but the data show only part of the retail picture, experts agree.