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Finance
Retail sales down 1.4 per cent in March, core sales up 0.3 per cent
OTTAWA — Statistics Canada says retail sales fell 1.4 per cent to $65.3 billion in March.
However, the agency says core retail…
Bank of Canada highlights risk of bank sector stresses, high household debt
The Bank of Canada is more concerned than it was a year ago about the risks posed by high household debt to the Canadian financial…
Annual pace of inflation rose to 4.4 per cent in April
OTTAWA — Statistics Canada said Tuesday the annual pace of inflation rose in April for the first time since it peaked in June last…
Inflation likely slowed again in April
OTTAWA — Canadians' wages are finally growing faster than prices as inflation continues to ease, but that isn't necessarily good…
Economy added 41,000 jobs in April
OTTAWA — Employment in Canada rose by 41,000 jobs last month, with all the gains made in part-time work.
Statistics Canada's…
The upside of population collapse
From the April 2023 print edition
I find economics endlessly interesting because it addresses the most fundamental problem that…
The art of expense management
From the April 2023 print issue
Now that spring has arrived and we’re into April, my family and I have started to think about…
Retail sales down 0.2 per cent in February
OTTAWA — Statistics Canada says retail sales fell 0.2 per cent to $66.3 billion in February as a drop in sales at gasoline…
Canada’s inflation rate falls to 4.3 per cent in March
OTTAWA — Canada's annual inflation rate fell to 4.3 per cent in March as higher mortgage interest costs were offset by lower…
Bank of Canada expected to hold interest rate this week
OTTAWA — The Bank of Canada is expected to hold its key interest rate steady this week as inflation continues to slow, despite…
IMF head expects less than three per cent global economic growth in 2023
WASHINGTON (AP) — The International Monetary Fund chief said Thursday the world economy is expected to grow less than three per…
Businesses and consumers prepare for economic slowdown
OTTAWA — Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates…