Economic growth beats expectations
OTTAWA — The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported…
Browsing Tag
Canadian economy
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…
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…
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…
Canadian economy added 35,000 jobs in March
OTTAWA — The Canadian economy added 35,000 jobs last month, while the unemployment rate held steady at five per cent.…
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…
Economy grew 0.5 per cent in January
OTTAWA — Statistics Canada says economic growth resumed in January following a small contraction in December.
The agency says…
Canada heading into mild recession: Report
OTTAWA — New research says Canada is heading into a mild recession as elevated borrowing costs, a downturn in the US and…
Liberals to release ‘tricky’ budget amid recession fears
OTTAWA — The federal Liberals are set to unveil a budget on Tuesday intended to showcase their plans to keep Canada competitive…