Job vacancies continued to fall in July
OTTAWA — Statistics Canada says the number of job vacancies in July fell 5.8 per cent to their lowest level since May 2021.
The…
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IMF global economic outlook sees slight growth
WASHINGTON (AP) — Global growth will see a slight improvement compared to previous International Monetary Fund projections but…
BoC raises key interest rate to five per cent
OTTAWA — The Bank of Canada raised interest rates again on Wednesday and released new projections that suggest it will take longer…
Canadian unemployment rate rose to 5.4 per cent in June
OTTAWA — Canada's unemployment rate ticked up to 5.4 per cent in June _ the highest it's been in over a year.
It marked the…
Canadian economy holds steady in April
OTTAWA — Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.…
Household debt-to-income ratio up
OTTAWA — Statistics Canada says the amount Canadians owe relative to their income rose in the first quarter of the year as…
World Bank offers dim outlook for the global economy
WASHINGTON (AP) — The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of…
US wholesale price data for April points to easing inflation pressures
WASHINGTON (AP) — Wholesale prices in the United States rose modestly last month, the latest sign that inflationary pressures may…
Economy grew at an annualized rate of 2.5 per cent
OTTAWA — Statistics Canada says the Canadian economy grew by 0.1 per cent in February.
The federal agency's preliminary…
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…