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The recovery begins
From the October 2021 print edition
At the time of writing, more than 80 per cent of Canadians have received at least one dose…
Auto parts producers warn of supply issues
TORONTO — Canadian auto parts suppliers say the chip shortage that has created havoc in the industry and shortages at dealerships…
IMF forecasts six per cent global growth this year
WASHINGTON (AP) — The International Monetary Fund is sharply upgrading its economic outlook this year for the world's wealthy…
Bank of Canada will act to cool inflation if prices run too hot
OTTAWA — The governor of the Bank of Canada says the central bank will rein in inflation if temporary price pressures stubbornly…
Canada’s economy added 230,700 part-time jobs in June
OTTAWA — Statistics Canada says the economy added 230,700 jobs in June as restrictions put in place to slow the pandemic were…
Annual inflation rate hits 3.4 per cent in April
OTTAWA — Statistics Canada says the annual pace of inflation in April rose to its highest level in nearly a decade as gasoline…
US Consumer prices shot up 0.8 per cent
WASHINGTON (AP) — A worrisome bout of inflation struck the economy in April, with US consumer prices for goods and services…
Annual pace of inflation leaps higher in March
OTTAWA — The annual pace of inflation jumped higher in March due in large part to a plunge in prices a year ago at the start of…
Bank of Canada to detail outlook on economy, inflation
OTTAWA — The Bank of Canada will say today how it sees the economy faring over the coming months and the path for inflation amid…
Half empty or half full
From the April 2021 print issue
It has been almost one year since the global economy hit the brakes in the wake of the COVID-19…
Federal Budget 2021: Liberals extend Covid-19 aid
OTTAWA — The first federal budget in more than two years extends Ottawa's COVID-19 "lifeline'' for workers and struggling…
Households expect return to pre-pandemic spending within a year
OTTAWA — The Bank of Canada says Canadian household spending will eclipse earnings in the coming months as vaccinations increase…