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Ontario’s unemployment rate jumps to 7% even as ‘moderate’ job creation continuesA new report from the Financial Accountability Officer of Ontario found that new jobs were created in 2024, although the rate of growth slowed from previous, record-breaking years.EconomyApr 24
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Feds extend summer job program amidst high youth unemploymentEmployment and Social Development Canada, which runs the Canada Summer Jobs program, will pay for the extra positions with $25 million in reallocated internal funding.CanadaJun 11
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Unemployment ‘little changed’ in May with slight rise to 7%: StatCanCanada's job market held relatively steady in May, according to Statistics Canada, as the unemployment rate ticked up slightly to 7.0 per cent.EconomyJun 6
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Still can’t find a summer job? Why experts say it’s ‘brutal out there’The job market is struggling amid the trade war sparked by U.S. President Donald Trump's tariff policies, and young Canadians are especially impacted as summer approaches.EconomyMay 22
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Sellers ‘aren’t budging’ as inventory builds up in tariff-saddled B.C. real estate marketBoth sales and prices slumped last month, according to data B.C. Real Estate Association -- part of a provincewide trend of sluggish sales activity over the last five months.EconomyJun 13
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Will AI’s job impact be dystopian or optimistic? Maybe both, experts sayIs AI coming to take your job? While tech CEOs are issuing dire warnings, many experts remain unconvinced about any immediate job impacts.CanadaJun 6
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Is Canada heading for recession? One economist says it may lack ‘severity’A TD economist says Canada is heading into a recession, including job losses, as U.S. President Donald Trump's tariff policies impact businesses, but the severity is uncertain.CanadaMay 21
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Canadian unemployment increased again in April, says Statistics CanadaCanada's job market continues to shrink as Statistics Canada reported in April XXX jobs were lost and unemployment increased to XXX from 6.7 per cent in March.EconomyMay 9
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Bank of Canada holds interest rate steady again amid trade warThe Bank of Canada held its benchmark interest rate at 2.75% as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.CanadaJun 4
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Amid the trade war, OECD has lowered its global economic growth projectionsA newly revised report on the global economic outlook by the 38-nation OECD shows that expectations for global growth have been lowered in the face of the trade war.EconomyJun 3
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Federal summer jobs site set for 50% jump in users as postings stay steadyDemand for summer jobs this year may far outweigh the number of available positions, according to the government of Canada, citing website data reports.CanadaMay 23
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Rising unemployment a ‘harsh reality’ of the trade war, experts sayCanada's job market continues to show weakness amid the trade war and companies are slowly shedding jobs to reduce the financial impacts of tariff policies.EconomyMay 9
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Inflation cooled in April, but ‘the devil is in the details’, says expertsNew data from Statistics Canada shows the first impacts of the April removal of the consumer carbon price, and tariffs on inflation.CanadaMay 20
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Where Canada’s housing market could go next as summer nearsThe spring real estate market is having a slower start than previous years due in part to concerns about the economy, including the trade war with the United States, experts say.ConsumerMay 19
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Alberta non-profit forced to fundraise after being denied grant fundingThe Calgary Wildlife Rehabilitation Centre is fundraising to fill a gap of $50,000 in funding which they typically receive through the Canada Summer Jobs Grant program.CanadaMay 14
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Tuition frozen, grants up in new two-year funding deals for Nova Scotia universitiesNew two-year funding agreements with Nova Scotia’s universities will freeze undergraduate tuition and increase operating grants for schools.EducationApr 25
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Ford and other companies expecting billions in tariff impacts this yearAs car companies report earnings for the first quarter of the year, many are signalling future profits will be impacted due to U.S. tariff policies.EconomyMay 6
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Are we in a recession? Don’t trust lipstick and underwear sales as a gaugeAs experts warn of a near-term recession brought on by U.S. President Donald Trump's tariffs, many are looking for clues that may not be the most reliable indicators.ConsumerApr 25
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Ontario unions say struggling colleges can be ‘lifeboat’ through economic turmoilUnion leaders took to Queen's Park to make their pitch to 'save' Ontario's college sector, linking the struggling institutions to Canada's trade war with the United States.EducationApr 14
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Canada’s unemployment will go past 7% this year — but no recession: OECDA new report from the OECD projects Canada's economy will lag behind other developed nations due mainly to the trade war, but narrowly avoid a recession.EconomyMay 27