Canada Economy

• Bank of Canada expected to deliver interest rate hike next week. How high will it go?

  The Bank of Canada has signalled it will raise interest rates again at its final decision of the year on Dec. 7, but economists are torn on how big the hike will be.

  Economy

  Dec 2
  
• S&P/TSX composite closes down after bumpy day of trading, U.S. markets mixed

  Canada's main stock index closed down Friday while U.S. markets were mixed after a bumpy day of trading following job reports that came in stronger than expected. 

  Economy

  Dec 2
  
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• Employment rate for women 25-54 rises to record 81.6% in November

  Canada's economy added a modest 10,000 jobs in November, edging the unemployment rate further down to 5.1 per cent, Statistics Canada said.

  Canada

  Dec 2
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• Fall economic statement does not show fiscal restraint: parliamentary budget officer

  Yves Giroux told MPs at a House of Commons finance committee that the federal government is spending a significant portion of the new fiscal room it has this year.

  Economy

  Nov 28
• S&P/TSX composite down on oil pessimism, U.S. markets fall further

  The S&P/TSX composite index was down 163.28 points at 20,220.49.

  Money

  Nov 28
• Canadian banks to provide financial update in Q4 results ahead of possible recession

  Canadian banks are set to reveal how they're faring in the lead up to a possible recession as they report quarterly earnings this week.

  Economy

  Nov 27
• Ottawa’s revenues up $32.8B for first 6 fiscal months compared to last year

  Compared to the same period in the previous fiscal year, government revenues were up $32.8 billion, or 18.6 per cent, as revenue streams continue to improve.

  Canada

  Nov 25
• Business outlook worsened in Q3 amid higher interest rates: StatCan

  Net income before taxes for oil and gas extraction was down 3.4 per cent as gas prices were lower during the quarter, Statistics Canada said.

  Economy

  Nov 23
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• Slower gas, food spending drove September drop in retail sales

  Sales at gas stations fell 2.4 per cent as prices fell in September, Statistics Canada said.

  Economy

  Nov 22
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• Women still underrepresented in Canadian C Suites despite small gains

  Only five per cent of TSX issuers had a female CEO in 2022, a number that has barely budged since the first year of data collection.

  Economy

  Nov 18