Canadian, U.S. markets rally after differing labour market reports
Canadian and American markets moved higher on Friday, with the TSX posting a new all-time closing high, even as jobs reports in both countries painted different economic pictures.
Economy
Apr 5
Fleming College in Peterborough suspends 29 programs in wake of international student cap
Fleming College president Maureen Adamson says current students will not be impacted and a focus will be on helping them finish their programs.
Education
Apr 24
‘Politicized’ immigration debate could hurt jobs, Quebec employers group says
The long-running debate over immigration between Quebec and Ottawa has flared in recent months, but the head of a major employers group says 'in some ways, it's deplorable.'
Canada
Apr 15
Jump in unemployment rate puts Bank of Canada in a ‘tricky spot’. Here’s why
Statistics Canada says the unemployment rate hit 6.1 per cent in March amid a loss of 2,200 jobs and a rapidly growing labour pool.
Economy
Apr 5
N.S. hits ‘pause’ on immigration nominee program applications for restaurant sector
The program allows the province to nominate skilled workers to settle as permanent residents in Nova Scotia, but officials said a pause was needed because of overwhelming demand.
Canada
Apr 22
S&P/TSX composite up Friday, U.S. stock markets rally after jobs report shows cooling
Canada's main stock index rose Friday, led by strength in base metals, utilities and telecom, while U.S. markets rallied after the latest jobs report came in cooler than expected.
Economy
May 3
S&P/TSX composite down almost 300 points, U.S. stock markets also drop
Canada's main stock index lost almost 300 points Tuesday in a broad-based decline led by energy and base metals, while U.S. markets also slid.
Economy
Apr 30
S&P/TSX composite ticks higher Wednesday, U.S. stock markets mixed
Strength in energy and base metal stocks helped lift Canada's main stock index on Wednesday, while U.S. stock markets were mixed but held relatively steady.
Economy
Apr 3
Relief for Albertans? Bank of Canada expected to cut interest rates this summer: ATB
According to ATB's chief economist, consumers can expect some relief from rising interest rates this summer.
Economy
Apr 10
Canada wants to build millions of homes. But does B.C. have the workforce to do it?
Tuesday's budget aims to build 3.87 million new homes by 2031, backed by $8.5 billion in spending on housing initiatives, but does B.C. have enough construction workers?
Economy
Apr 17
Nova Scotia teachers vote 98% in favour of strike mandate as bargaining continues
Members of the Nova Scotia Teachers Union have voted 98 per cent in favour of a strike mandate, in a move the union calls "a resounding wake-up call to government."
Education
Apr 11
Resolution in $200M Ontario basic income class action could take ‘years’: lawyer
A lawyer from Toronto law firm Cavalluzzo LLP is representing thousands in a class action alleging Ontario breached the terms of a contract it entered with participants.
Canada
Apr 23
Bank of Canada holds key rate, but signals June cut in ‘realm of possibilities’
The Bank of Canada maintained its key interest rate at five per cent on Wednesday amid recent declines in the annual rate of inflation.
Economy
Apr 10
Markets turn red after Fed official questions need to cut interest rates this year
Canada and U.S. markets ended the trading day in the red, reversing course mid-afternoon after spending the majority of the day higher.
Economy
Apr 4
Canada likely to avoid recession, begin recovering later in 2024: Deloitte
Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report.
Economy
Apr 1
Saskatchewan post-secondary institutions receive $12 million top-up in 2024 budget
In the 2024-25 budget released Wednesday, the province announced a one-time top-up of $12 million in operating funding for those institutions.
Canada
Mar 26
Job seekers could soon face an ’employer’s market’ as unemployment rate rises
Canada's unemployment rate ticked back up to 5.8 per cent in February as population growth continues to outpace job creation in the country.
Economy
Mar 8
Canada’s population hits 41M months after breaking 40M threshold
Nine months after reaching 40 million people, Canada cracked a new threshold on Wednesday, the same day Statistics Canada released a report showing the pace of population growth.
Canada
Mar 27
Working hours of male doctors have dropped sharply, data shows. Why?
The working hours of male physicians in Canada have sharply declined over the past 30 years, a new study says, amid increased burnout and health-care staffing challenges.
Canada
Mar 25
For the 1st time, Canada will set targets for temporary residents
Temporary residents make up 6.2 per cent of Canada’s entire population. Over the next three years, the government plans to bring that percentage down to five per cent.
Canada
Mar 21
